Peerion helps people grow in a secure but fun and interactive environment that is mechanized through decentralization, community consensus, and autonomy. Using blockchain technology to provide a trust less free market ecosystem by leveraging smart contracts for autonomously managed peer-to-peer interactions. This creates a "smart market" within a decentralized network. Powered by a customized blockchain using a unique Proof-of-Passion algorithm, this will reward masternodes known as Mitochondria based on uptime and reputation, instead of wealth (Proof-of-Stake) or advanced hardware (Proof-of-Work). This enables the ecosystem to remain balanced and fair while providing a stable network for peers.
Hyperion is focused on bringing innovative, eco-friendly products to the market, creating waves of disruption within the current systems. Developing automated tools to provide efficiency and scalability, from an individual to enterprise level. By leveraging blockchain technology Hyperion enables a decentralized, self-sufficient, autonomous, trust-less ecosystem or 'smart market' to occur, giving new meaning to free market.
Based on the idea of a self-sufficient community, HyperionX will implement a consensus algorithm called Proof-of-Passion, or POP, onto the blockchain. This rewards users of the network based on their support and reputation. This POP algorithm will be the basis on which Peerion is developed.
The main issue arising, is how to integrate the average consumer or business onto blockchain. The first solution would be to create an interactive, fun environment to interface with. Hyperion’s main priority is to make the integration of the technology’s utilization as easy and seamless as possible. The second solution would be to incentivize people to use the technology by creating reward systems for being active and supporting the ecosystem. Living in a world of network and connection, why not be rewarded for supporting these systems instead of just paying to use them? Hyperion will offer decentralized smart tools to automate a person’s everyday tasks, therefore making it easier to maximize efficiency and overall output, while staying in complete control of your assets. This is the age of automation and for that reason, it only makes sense to implement it into our everyday lives, enabling society to focus on what they are passionate about. Most importantly, blockchain gives the security and peace of mind that everyone is looking for. By decentralizing the markets stated below, a person’s assets and data are secured, their voices and opinions hold weight and their experience will not be dictated by one centralized source.
There is a serious dilemma with the structure and integrity of current systems and market sectors. Hyperion is looking to disrupt the following markets: E-commerce, Nonprofit and Social Media by transforming them into decentralized, transparent and honest entities. Hyperion plans to achieve this through an easily approachable interface to blockchain technology, allowing people to be in full control of their livelihoods, as well as being part of a revitalized global equilibrium.
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ICO and IEO Advisor | TEDx Speaker | Cryptopreneur | ICOBench Expert | Revista Bitcoin Editor | Blockchain and Cryptocurrency Researcher Rated on Apr 7, 2019
4
4
4
16%
HyperionX looks like a very interesting product. The softcap of this project is also very reasonable compared to other projects. Big and knowledgeable team. Good luck everyone!
Direct Marketing Manager,ICO produce Rated on Nov 13, 2018 Modified on Mar 4, 2019
4
4
4
14%
I think that the point that their KYC submission has been completed should be evaluated.
However, unless you improve the quality of the video and WP content, I think it is difficult to win the competition.
If improvement is seen, I will review the evaluation.
------------------------
Additional notes.
Since they published the MVP, I updated the rating.
Founder-Promethean Dynamics |Blockchain Advisory Council |Alliance of Blockchain Professionals |Blockchain Association of Africa |Bitnation Ambassador Rated on Aug 17, 2019 Modified on Aug 17, 2019
5
5
5
14%
I have been watching the HyperionX project for some time now mainly because I was intrigued by their unique business model. They use a consensus based and decentralised protocol that is driven by the community itself. I really like the fact that they use a their own "Proof of passion" algorithm as this makes the platform accessible to more people, which is essentially what everyone in the industry is trying to get right (mass adoption).
The Peerion project which forms part of the HyperionX platform is not like anything I've seen before and is an awesome concept with limitless potential.
They have an MVP in place which is big plus, they are backed by a strong team and an experienced advisory board. I have also had the pleasure of interacting with the project's content curator (Carl). All in all this is a really impressive platform and I'm looking forward to seeing them go live.
Consultant, Digital Marketing Strategist Rated on Apr 3, 2019
4
4
4
9%
Hyperion is focused on advancing people into modern technology through gamified interactive experiences. The platform seeks to disrupt by creating a decentralized world, built on a custom
blockchain where users can grow and flourish within the network.
They intend to use a bespoke algorithm called “proof-of-passion”, which is based on up-time and reputation.
The project will utilize The TREE Token on the Ethereum platform. There is no token price and "the tokens will be distributed proportional to the amount of ETH received".
Team
The core team of 10 persons seems well rounded and professional Their LinkedIn profiles do indicate roles at Hyperion. Most also have connections, posts and group memberships which indicate some engagement and history on the platform.
There is also 1 Advisor listed.
Vision
The vision is grand and ambitious, but is it achievable? Hyperion seeks to bring innovative, eco-friendly products to the market and disrupt E-commerce, Non-profit and Social Media sectors.
Product
The product is to create a "smart market" which is trust;-less, decentralized and autonomous by leveraging blockchain technology.
Overall Hyperion has created an interesting product with excitement and
buzz for this stage of development.
Of course the idea of disruption through
gamification is not unique however the team and presentation make the
project one to pay close attention.
The soft cap is $500,000 and the hard cap is not defined.
The distribution approach is relatively unique and it will be interesting
to track the public response and financial support.
The social community is strong and seems excited and supportive at this stage.
Twitter - 16K followers
Facebook - 15,222 likes and 16,651 follows
Telegram - 24171 members
GitHub - Peercoin repository has 32 commits with recent being 16 days ago
https://github.com/hyperionxtech/Peerion
There is a BitcoinTalk [ANN] thread read 719 times
https://bitcointalk.org/index.php?topic=5124821
There is no blog on the website with current posts. There is no press room
or media articles available on the site.
I think the project looks promising. The presentation materials are professional and show quality and research. We will have to follow to see how the market responds to the offer.
CTO at The Tryvium Company Rated on Feb 28, 2019 Modified on Mar 3, 2019
5
3
3
8%
Actually the team is registered and valid. Skills are proven in different business areas.
I also saw an overview of the so-called Proof of Passion, which is a mere Proof of Importance with a marketing name.
I am missing the point in creating a currency for this project, a token is not needed and should not be part of the business model.
I reserve to change my review on project updates
[EDIT] Changed my review. Good team, ready to answer and technically prepared.
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