Havven is a decentralised payment network that implement a dual token-system to reduce the price volatility. The fees from transactions within the system are used to collateralise the network. The collateral is secured inside the blockchain, enabling the creation of a new asset-backed stablecoin. Each transaction will generate fees that are paid to holders of the collateral token, and as transaction volume grows, the value of the platform increases. This permissionless, low-fee, and stable payment network will enable anyone anywhere to transact with anyone else.
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The token sale will run from the 28th of February to the 6th of March, 2018. The goal for the sale is to ensure a fair distribution and to establish the havven pool value, so a hard cap on the sale has been established to $30m USD.