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Beng Yaju (formerly known as Yin Guoju), the leader of the 14K social organization in Macau, the gang "Hongmen" with a long history, has also started an ICO! This is no joke! please seeto report：
to report
The world's largest Chinese social organization "Hongmen" released the encrypted digital currency "Hongbi" in Phnom Penh, the capital of Cambodia, on May 20, and announced the establishment of its own digital currency asset exchange "Allin" exchange (all in Chinese translated as Stud), supports many mainstream digital currency transactions such as "Hongbi".
History of Hongmen
First of all, let me briefly describe the history of Hongmen. Hongmen originated in the late Ming and early Qing Dynasties, with the purpose of "reversing the Qing Dynasty and restoring the Ming Dynasty". Later, Hongmen gradually expanded and evolved into many associations and parties. Many celebrities in history, such as Sun Yat-sen, Qiu Jin, Tao Chengzhang and other members of the 1911 Revolution, joined Hongmen-related organizations and established "Xingzhonghui" and other organizations.
After the founding of the People's Republic of China, the Hongmen was severely divided, with many branches appearing, and its influence gradually declined.
Beng Yaju, the founder of Hongbi, said that the purpose of issuing Hongbi is to use blockchain technology to convert Hongmen's tangible assets into digital assets, so that Hongmen can rejuvenate.
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According to Hongmenwhite paperwhite paper
According to the introduction, Hongbi can be used in cross-chain digital asset wallets, digital asset exchanges, gaming, e-sports, payment and settlement, information, game entertainment, online shopping malls, instant messaging and other scenarios to meet the needs of people to manage digital assets, trade digital assets, Service requirements for information acquisition, payment and settlement, and identity authentication. (Note: The above scenario applies to Cambodia).
In addition to issuing Hongcoin, Hongmen will also launch the public chain "AllChain" to build a blockchain global settlement system. Global users can purchase digital assets on AllChain through the Internet and perform transfer operations on AllChain. Users can use these digital assets to purchase services and enjoy discounts in Hongmen's gaming, e-sports and other industries. The data on the chain is settled, and even financial statements are generated.for example,The traditional gaming industry needs to exchange chips to participate, but Hong coins can be used as online chips
. It has to be said that Hongbi has a wide range of applications.
In terms of laws and regulations, Hongmen has obtained the support of the Cambodian government and will obtain the following operating licenses, mainly including:
Digital Asset Trading License
Securities Trading License
Banking license
gaming license
Special land
Blockchain special economic zone (enjoy relevant preferential policies)
Other political and business support
In terms of cryptocurrency, Hongbi complies with the ERC20 standard and is based on the smart contract of Ethereum, which can realize all the functions contained in the ERC20 standard (including but not limited to Token issuance, transaction and entrustment functions). The total number of Hong coins issued is 1 billion, and the number is constant and cannot be issued additionally. The specific issuance plan is as follows: 100 million tokens for the founder team, 100 million tokens for the technical team, 100 million tokens for market incentives, 100 million tokens for operation and maintenance, 100 million tokens for the foundation, and 500 million tokens for the market (1 dollar for 1 token).
At present, the Swiss exchange Rfinex has officially launched Hongbi trading on June 20, and the first batch of 200 million Hongbi issued has been sold out.As for the team, the founder, Beng Yaju, formerly known as Yin Guoju, was once featured by Time Magazinecalled
"The godfather of the late period of Macao and Portuguese", in its heyday, it was hailed as having more power than the governor of Macao at that time.
In 1999, Beng Yaju was convicted by the Macau court for participating in the underworld, usury, money laundering, arms possession, and illegal gambling. He was sentenced to 15 years in prison, and his sentence was reduced to 13 years and 10 months after appeal. in Macau Prison. He regained his freedom on December 1, 2012, and kept a low profile after being released from prison.
True or false Hongmen?
It is worth mentioning that after Beng Yaju issued Hongcoin in Cambodia, a statement about the World Hongmen Association quickly spread on the Internet, saying that the "Hongmen International Financial Technology Group Co., Ltd." It is a rumor that Cambodia held a virtual currency "Hongbi" issuance conference and spread the virtual currency issued in the name of Hongmen.
However, the authenticity of this statement has not been verified. Netizens pointed out that the English part of the statement was obviously machine-translated, the characters' names were mixed in pinyin/English, and there was no seal or signature, which was full of loopholes.
(I am Zhao Huanxin, a reporter from Odaily. I am exploring the real blockchain. Please add WeChat 17778170972 for breaking news and communication. Please note your name, unit, position and reason.)
