Hero The Future of Banking in Southeast Asia
Hero The Future of Banking in Southeast Asia
This is a token for banking in Southeast Asia. To follow HERO Token, you must first understand the wider climate in Southeast Asia. It seems like a lot of old crypto from the United States and Western Europe does not know or understand the South Asian market and its dynamics. However, blockchain is a global technology, and more and more, we are seeing many new products and innovations coming from other regions as well. HERO is the right token belonging to Southeast Asia.
Introduction First - people and the Internet. You're talking about twice the size of the United States, so there's a significant market there. There is good internet penetration, but not good. It's hard to measure but let me try. If the area is too early, there will not be enough attraction. If too late, not much growth. About 30-50%, in my view, the best time to enter this market is because everyone knows about the power of the internet right now, and there are still many growth opportunities because not everyone is connected.
Secondly, the banking sector. In this region, banking penetration has missed internet penetration, and the gap will only grow. With a cell phone, it's much easier to get access to the internet than to get a bank account.
As you can see, penetration of banking services greatly slows down Internet penetration, especially when you look at growth rates. In addition, you can see very bad credit card penetration in these markets. In such markets, the use of cryptocurrency as a store of value and means of payment is quite clear. Take a look at the total current internet user snapshot -
You can see how big the population is, and how much market scope there is. If the growth of the Internet exceeds the growth of banking as it has been in the past few years, how will the market change? There is a clear need for a digital blockchain technology solution for payment and storage of wealth.
HERO Token Enter the HERO token. It is a leading fintech company native to Southeast Asia, and helps provide credit locally. They take on a large lending industry, which is entrenched in the old way and does not harness the power of the internet.
The way it works is simple. On the borrower's side, he gave the loan, first secured and then developed into a no, so the borrower has instant access to credit. On the lender side, it allows investors from all over the world to access the thriving and emerging Southeast Asia economy and earn a much higher return on their money than their usual Western markets like the United States and Western Europe.
The team has demonstrated its ability with the PawnHERO token, which is a different blockchain-based retrieval on the entire pawn shop experience. However, the team has a much larger plan, and therefore seeks token sales to help expand and grow their business. As a pioneer of fintech in the region, it works with limited data on reputation and credit rating algorithms that will help maintain its market advantage. Here's a quick infographic of how the process will work -
Token hero
ICO's Token HERO will undergo ICO so the token is distributed among the participants. Unlike many other ICOs on the market today, HERO ICO will distribute 80% token to the public and save only 15% for the team. This is a good move, because people need to take a risk-back in the market and will help investors who put money into the project at an early stage.
If you would like to learn more, see the official website. If you want to invest in ICO, we strongly advise all investors and potential investors to read whitepapers as well. Finally, you can find ANN Bitcointalk thread here for community discussion.
Website: https://herotoken.io
Twitter: https://twitter.com/PawnHeroPH
Facebook: https://www.facebook.com/PawnHero.ph
Telegram: https://t.me/herotokensale
My Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1516021
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