Funding and Growth Strategy
HLD Technology Pte Ltd conducted its Initial Coin Offering (ICO) token sales with the following stages:
A total of 250 million HDN tokens were put on sales. A further 200 million HDN tokens will eventually be fully released over seven months period from 8 November 2018. Thus a total circulation of 450 million HDN tokens will be available in the market. The remaining 550 million HDN tokens will be locked in cold wallet specifically reserved for business expansion, strategic partnership, bounties, rewards and other contingencies.
A targeted approach to fund raising with HDN token sales will be ongoing over a longer period with selected groups of institutions, global partners, crypto fund management and private equity holders. This direct sales approach will focus on a larger tranche sale of HDN tokens with a long term view of the company's vision for growth beyond the 2 years technical roadmap delivery. Eventually, we hope to achieve an increasing intrinsic value of the Haladinar HDN tokens for the community and its participants.