ESTABLISHMENT

Legal Form: Hamilton Development Foundation is an Anguilla Foundation established under and in accordance with the Anguilla Foundations Act (c. A62) of Anguilla.

Purpose: The Hamilton Development Foundation is a purpose foundation established in Anguilla, British West Indies, with its primary purposes being to ensure the establishment of the HAMILTON SYSTEMS NETWORK and to undertake research and development and promotion of the Network.

Operations: To sponsor, promote and support the Hamilton Systems Network, including but not limited to contributing to the development of blockchain and software components underlying or participating in the Hamilton Systems Network.

OPPORTUNITY

The primary objective of the foundation is to sponsor, promote and support the establishment of a blockchain focused network that provides for a regulated, secure and user-friendly repository for tokens or cryptocurrencies and an effective and efficient medium to allow transactions of such tokens or cryptocurrencies.

We believes that the Hamilton Systems Network is the solution to this objective. Significant savings on service fees, while ensuring secure and rapid services.

STRUCTURE

• Initial Property: Initial property of the foundation is the money of the value of US$10, 000.00 (Ten Thousand Dollars United States Currency)

• Founder: Ivor Omson

• Foundation Council: Ivor Omson, Ksenia Pauls

PURPOSES

• Our primary purpose is to develop a network which includes:
• AML/KYC compliant and feature rich cryptocurrency repository accounts operated and administered by Hamilton Systems Limited, an Anguilla incorporated limited company
• the HST Token which allows for decentralised, secure and frictionless payment of repository fees to Hamilton Systems Limited.
• a payment network allowing for transfers of cryptocurrencies between repository accounts within an insulated AML/KYC compliant system.

HST TOKEN

The HST Token is built upon the Stellar blockchain and utilises the Stellar blockchain consensus platform for the purposes of effecting transactions of the HST Token. The Stellar blockchain is an open-source, decentralised open network utilising the Stellar Consensus Protocol to synchronise and verify the Stellar digital ledger.
HST Tokens are not guaranteed or secured by any person, asset, entity, organisation, scheme, venture or project, including but not limited to the foundation, in any way.
The foundation is under no obligation to issue replacement HST Tokens in the event if any HST Token or attendant private key is lost, stolen, malfunctioning, destroyed or otherwise inaccessible for any reason.

GET INVOLVED

• We’re inviting individuals and corporations who believes that global digital currency is upon us, and that in the coming years more and more people and businesses around the world will seek to transact in a common, internet-based digital currency that reflects the dynamic and changing nature of the global macro economy.
• We are looking for those who want to change the global financial landscape, to create public blockchains with smart contract infrastructure and to form the foundation for a 21st century digitally-native global economy that empowers people everywhere to participate and grow value.