FAQs

How do I join the community?

Using a MetaMask or any ERC20 wallet, you can either buy HODLC via the HODLdex using Ether.  Learn more on our Getting Started page.

How does growth work?

The growth rate of your HODLC is tied directly to transactions in the community. Each transaction increases the value of HODLC by 1/100th of a cent. The value of HODLC is also impacted by the passage of time, starting at a 100% increase over the first year, then reducing by 2.9% a year to an increase of 5% per year in 30 years.

Value, growth, speed, volume, and liquidity are the key factors that will come from the adoption of HODLC. Once the HODLCommunity achieves critical mass, access to liquidity will enable the network to operate without the need for constant additional new users transacting on the decentralized exchange. Also at this point, retail-oriented business cases will create residual usage for HODLC.

How does HODLC ensure the value of my HOLDCommunity position continues to grow?

The increase in the value of HOLDC is programmatically calculated based on temporal (time) and dynamic value increases. As time passes and as transactions are made within the HODLCommunity, the value of one piece of the HODLCommunity will increase automatically. These growth parameters are at the core of the smart contract that drives HODLC.

Is there a minimum or maximum investment amount to get started?

There is no maximum position that you can hold.  There are, however, minimum and maximum transaction sizes that are designed to optimize HODLC value increases.

Minimum Transaction: $50

Maximum Transaction: The maximum transaction size can be calculated by taking the current price of HODLC and multiplying it by 5,000 (ex: at $1, the maximum transaction size would be $5,000). This limit will be removed once the price of HODLC reaches $10.

The maximum transaction size applies to both buyers and sellers. 

How can I estimate the future value of my HODLC?

HODLC value is linked to both the passage of time and the number of transactions in the HODLC ecosystem.  Coming soon you will be able to estimate the future value of your HODLC using our calculator tool.  When using our calculator tool you will be prompted to enter a prediction for the number of transactions you anticipate occurring in the community.

Are my assets insured?

HODLCommunity Project assets are not insured. However, many measures have been taken in order to mitigate security risks. The smart contract is not custodial and does not hold funds for users. Only the participants can execute transactions on their own behalf such as deposit, withdraw, buy, sell, cancel orders, and claim distribution. The HODLdex.io exchange is peer-to-peer and no fees are taken by the smart contract and funds are never transferred to any address previously to its intended target. Security measures include a security audit and a bug bounty program. The upgradability of the smart contract is managed using a multisignature protocol and no one signature can compromise the smart contract at any given time.  See risks (Terms of Use) for additional information.

What is my risk?

Trading cryptocurrencies carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency trading, and seek advice from an independent financial advisor. HODLCommunity Project assets will not guarantee a return on your investment. 

Any opinions, news, research, analyses, prices, or other information contained on this website is provided for information and education purposes and does not constitute investment advice. The HODLCommunity Project Foundation will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

How do I sell my HODLCommunity Position?

You can place a sell order for part or all of your HODLCommunity position at any time using the HODLdex in accordance with our minimum and maximum transaction guidelines.

When you place a sell order, you lock in the price your HOLDC will be liquidated at. As buyers come into the community looking to purchase HODLC, they will pick your assets up before buying at the market rate, due to the “discount effect” created between your fixed sale price and the current listed value of HODLC.  The “discount effect” is created by the transactions on the network and the time that passed between your sell order and when it is filled. 

You can cancel a sell order at any time provided it has not been filled. 

Translate »