Dear Users:

A completely decentralized implementation solution for digital currency payment launching in Hotcoin is planing to start-up the snapping-up exchange activity which separating for 3 rounds at 10:00 on 8^th,June,2020 （UTC+8）. Users can take part in the snapping up activity on USDT Zone of Hotcoin official website or APP.

Project Introduction:

The Genesis chain (GSC33) is a completely decentralized implementation solution for the payment of digital currencies, with the advantages of micro-payments, instant transfer of money, and low handling fees. Through the matching of upper decision-making network requesting and the currency exchange demanding, establishing a efficient and secure payment path by the lower lightning network , and finally completing the currency settlement with merchants through the payment collection side . On the other hand, the incentive strategy of the upper network can effectively avoid the centralizing tendency of the lightning network.For further details please click on the official website address of the project：http://www.gsccoin.com

Project Token Information

1. Token Name：GSC33
   2.  Total Amount Of Token：210,000,000  GSC33
   3. Snap-up Limitation：1,500,000  GSC33 (0.71% of total circulation)
2. Fundraising Situation Of The Early Stage：Fundraising of the early stage is coming from the owned funds of project team, the proportion of locked-position by the team takes up 20% of the total circulation, it will be releasing gradually year by year without investment of private placement

5.The Exchange Rules:

（1）The First Round: （UTC+8）10:00,8^th,June,2020

  The First Round Limitations : 500,000 GSC33

（2）The Second Round: （UTC+8）10:00,9^th,June,2020

  The Second Round Limitations : 500,000 GSC33

（3）The Third Round: （UTC+8）10:00,10^th,June,2020

  The Third Round Limitations : 500,000 GSC33

6. Important Statement:

(1) The maximum snapping up limitation for each users by single time is 100 USDT equivalent tokens, the total snapping up limitations for 3 days is 300 USDT, without limits for operation times. The snapping up exchange activity is handling fee free.

(2) During the exchange period , only GSC33 project providers are allowed to selling out by the designated account and place orders, normal users can use the buy-in function but the sell out function is not permitted.

(3) During the exchange period, only designated account of project provider is permitted to proceeding the top-up and withdrawal of GSC33 tokens, the deposit and withdrawal time of GSC33 for normal users will be announced later after the activity is finised.

(4) The opening date will be 2-3 days after the subscription activity is finished , the time for opening the tradings is subjected to the official announcement.

Later Stage Project Planning

1. The first stage planning( April-June,2020), Completing the strategic system and team constructions; Set up the GSC project, core members of team should in charge of the fundrasing
   

• The Second Stage Planning( July- November,2020), Developing GSC digital assets based on ERC20 network, determine the name of assets and the number of issurance as well as the proportion of distribution, domain name planning, registration and development of official website, launching the GSC BLOCK-CHAIN PAYMENT technology exchange meeting online, holding the exchange meetings and Starting up the private placement projects & publicity and reporting of major medias.

• The Third Stage Planning( January- March,2021),Launching online testing of Genesis chain APP; Capability of access to the cross-chain by Genesis chain payment App; Access testing of merchants ;

• The Fourth stage planning( April-September,2021), Opening the capacity of Genesis chain payment App; Further expanding the resources of merchants; Improving the community gradually;

• The Fifth stage planning(2022+), Docking with merchants extensively; Continue to expand the cooperation of orders placement & enhance the stability of order placement services; Docking with data of enterprise, resources of merchants and major payment platforms.

※The final explanation right of this project is reserved by GSC33 project provider.

** Risk Warning**:

The blockchain digital assets trading is strongly affected by relevant policies of different countries, and the blockchain project of early stage has a high risk of uncertainty, which including the poor liquidity and the fierce change of prices, there might be severe technical issues occurred or facing the legally issues , the dismissing of teams.We’re strongly suggest investors to be cautious in investment and evaluate the risks according to your endurance capability.

Hotcoin
2020.05.31