Frequently Asked Questions

The principles of the HiveNet are explained in detail in our White Paper, which you can find in our documents section.

For a shorter summary of the HiveNet, we recommend you to read our Light Paper, which you can also find in our documents section

How does HiveNet work?

You can find this information and other important milestones in our roadmap.

If you want to make sure that you stay informed as we move forward, please subscribe to our newsletter and follow us on our social media channels. This way you will receive all relevant announcements regarding our milestones and launch.

When will the HiveNet launch?

The revenue you can generate with your computer on the HiveNet will largely depend on the specific technical details of your computer. You can get a rough evaluation using our revenue calculator.

How much money can I make with my computer by joining  the HiveNet?

What impact does HiveNet have on the environment?

Today, computing resources are poorly distributed. Many computers of private and business users are heavily underutilized (in most cased below 25 % usage). On the other hand, traditional cloud providers are investing lots of money and resources into production of new computers.

HiveNet will close this allocation gap and will increase the usage of available computers, while reducing the need for more computers at traditional cloud providers. This way, less resources are consumed to build new computers and less electronic garbage is created.

The HiveNet blockchain will use a highly economic Proof-of-Stake consensus algorithm, which allows for very little required electricity consumption. Compared to the huge computing centers needed to power the Bitcoin blockchain, the HiveNet blockchain can be powered by regular home computers in a negligible background process.

Can I join the HiveNet team?

We are constantly looking for bright minds to join our team. If you want to be part of our team and work on the HiveNet project, just take a look at our Career Page.

How to follow HiveNet?

You can follow us on our social media and subscribe to our newsletter.

How do I buy HiveNet Tokens?

HiveNet Tokens (HNT) can be bought with a discount in the Pre-Sale or in the IEO/Public Sale.

You can find all currently published details in our Token Sale section.

After our token sales, HNT can be bought from holders of HNT (e.g. on a crypto exchange).

 

All upcoming news regarding our token sales are published on our website www.HiveNet.cloud.

If you want to make sure that you are not missing any opportunity, please subscribe to our newsletter and follow us on our social media channels. This way you will receive all relevant announcements.

Will there be a pre-sale of HiveNet Tokens?

We perform a Pre-Sale of HiveNet Tokens (HNT), starting from 24th of September.

You can find all currently published details in our Token Sale section.

When will the IEO / Public Sale take place?

The specific details regarding our IEO / Public Sale will be announced on our website www.HiveNet.cloud soon. If you want to make sure that you are not missing the opportunity, please subscribe to our newsletter and follow us on our social media channels. This way you will receive all relevant announcements.

How can I handle HiveNet Tokens?

The HiveNet Token is an ERC-20 token, powered by the Ethereum blockchain. It is compatible with many third-party programs, e.g. MyEtherWallet and tradeable on crypto exchanges. We will announce all cooperating crypto exchanges in due time.

Please subscribe to our newsletter and follow us on our social media channels. This way you will receive all relevant announcements.

How can I trade with HiveNet Tokens?

For your convenience, we aim that HiveNet Tokens will be traded on as many crypto exchanges as possible. We will announce all cooperating crypto exchanges in due time. Please subscribe to our newsletter and follow us on our social media channels. This way you will receive all relevant announcements.

Apart from crypto exchanges HiveNet Tokens can also be traded peer-to-peer without intermediaries.

On which crypto exchanges will the HiveNet Token be tradeable?

For your convenience, we aim that HiveNet Tokens will be traded on as many crypto exchanges as possible. We will announce all cooperating crypto exchanges in due time.

Please subscribe to our newsletter and follow us on our social media channels. This way you will receive all relevant announcements.

What is the difference between HiveNet Tokens and HiveCoins?

The HiveNet Token is an ERC-20 token, powered by the Ethereum blockchain. We issue HiveNet Tokens for funding the development of the HiveNet project. Once the HiveNet launches, HiveNet Tokens will be translated 1:1 into HiveCoins. HiveCoins are the native and inherent currency within the HiveNet. HiveCoins are powered by the HiveNet’s own Proof-of-Stake blockchain​.

What are the economics regarding the HiveNet Tokens or HiveCoins?

Information regarding the economics (e.g. inherent demand, limitation of supply, transaction costs) of the HiveNet Tokens and HiveCoins are explained in detail in our White Paper, which you can find in our documents section.

I didn’t find an answer to my question here

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