HiP (HiP) Review

With over a decade-long history, the blockchain technology has started infiltrating pretty much every industry out there. This was not always the case, and indeed, for the first several years of its existence - not a lot of people paid any attention to it, at least when it comes to its alternative use cases.

For a long time, the only thing that developers were considering was how to create a blockchain that would bring more safety, greater speeds, and lower fees. That all changed when Ethereum shifted the view from crypto to blockchain, by bringing the development of smart contracts and dApps under the spotlight. After that, many others started reconsidering its potential, and finding new use cases in all possible industries.

Today, blockchain is still primarily used in the financial industry. However, it is already receiving use cases in numerous other industries, including gaming, healthcare, supply chains, and even real estate. In fact, there is a real estate-oriented project that is growing and expanding right now, and its name is HiP.

About HiP


HiP is a project that was created to challenge the restrictive global real estate market. The team behind the project believes that the market is currently in desperate need of a positive change for owner-occupiers, buyers, property investors, and everyone else involved. They plan to bring that change by allowing people various opportunities which would lead to realizing wealth in a completely new way, regardless of their situation.

The project's vision is to create an entire real estate ecosystem, and along the way — connect the financial and non-financial services with investors, owners, and buyers. Apart from them, the project also has potential to link architects, realtors, builders, designers, and everyone else connected to the real estate industry in any way.

It would do this through a decentralized ecosystem, where participants can contribute innovative financing products, market data, investment strategies, and more. In exchange, they would be rewarded with the project's token. Meanwhile, the HiP team continues with their explorations of new solutions and products, while the emerging community contributes its own visions for how the ecosystem, and the entire real estate industry should evolve.

HiP ICO details


HiP project is not particularly new, and in fact — it already had its ICO. It had a private sale which started on June 1st, 2018, and lasted until July 22nd. After that, it had its preICO time, which started on July 23rd and ended on August 31st. Finally, it held its ICO from September 3rd, 2018, until October 2nd of the same year.

The project's token, HiP, is a utility, developed on Ethereum's platform. Its price during the ICO was $1, and the project announced a hard cap of $89.4 million. The project only accepted two cryptocurrencies in exchange for HiP — Bitcoin and Ethereum.

The project itself was registered in Gibraltar, and it had multiple restricted areas, including the US, China, Cuba, North Korea, Iran, and Syria. Everyone else was welcome to join, provided that they went through a KYC procedure.

Author: Ali Raza for Crypto-Rating.com

HiP
StartJuly 1, 2019
EndOctober 31, 2019
38 days left

Sorry guys, but I reckon that HiP tries to feed us a ridiculous idea, which might work well for some speculators, but not for an honest real estate investor, like myself. Owning fractions of buildings and trading equity and debt - all read machinations in my book. Need I remind you how debt trading by large American banks led to a global financial catastrophe? Of course, HiP won't create a global disaster, but a burning hole in investor's pockets. Besides, they don't even have a working product to show, only some nonsense awards.

Damian   August 10, 2019  

The main reason why I fancy HiP as a possible investment opportunity is that they promise to resolve a burning issue that is the entry barrier for the first time home ownership. Those who reside in London know all too well how hard it is to scrape the sufficient amount of money to make a first payment for at least a mediocre apartment. I don’t have any student debts and make decent money, but I still can’t put together a bloody half a million quid to acquire a piece of property. So, the idea offered by HiP might seem confusing to those who have little understanding of property market, but believe me, it is a well-elaborated concept that can be of help for a lot of wannabe property owners.

Jennica   July 24, 2019  

It seems to me that the ICO market is getting oversaturated with projects that have something to do with real estate. I’ve read through the business proposal provided by HiP and I can’t say that I’ve come across something unusual and fresh. Same old sales pitches: “The untapped potential of the real estate market, the tokenization of illiquid assets”, and so on. Don’t get me wrong, HiP is a legit project and quite a successful one, judging from the number of awards it received. It’s just that I am not excited about their offer. Besides, the introduction of such a thing as fractional ownership of property might create another disaster, just like the US subprime loans became the prerequisite to the global financial crisis.

Ralph   July 6, 2019  

Add/Read Reviews

ICOs that might interest you

We list the most relevant upcoming crypto market ICOs from the industry leaders


iOWN
iOWN

Despite the fact that blockchain and its derived product, cryptocurrencies, is finding application in many spheres of our social and economic life.

1 days left

Younited
Younited

For years after Bitcoin's initial release, cryptocurrencies had no use cases but trading and investing. Even trading itself took a few years before altcoins truly started to emerge.

1 days left

ECOSC
ECOSC

ECOSC is a blockchain-enabled solution for supply chain management designed to satisfy the specific needs of the fossil fuels industry.

2 days left

FIC Network
FIC Network

It has been over a decade since the creation of Bitcoin - world's first, and still largest cryptocurrency. During that decade, the crypto industry fought a long and hard battle for recognition and mass adoption

3 days left