Hada DBank Continues to Advance Vision By Establishing Business Partnership With Überstate

May 26, 2018 at 13:33 // News
Hada DBank partners with Überstate

Hada DBank continues its mission to advance Islamic Banking through the the use of blockchain technology. The startup is currently managing its main ICO after holding a successful presale where it sold over 8 million HADA coins -- easily surpassing its fundraising goal for that event.

Indeed, HADA DBank’s business model has proven popular among entrepreneurs and investors alike -- being one of the more successful blockchain-based projects right now.

Uberstate Becomes First Ever Corporate Client

Building on its previous successes, Hada DBank recently announced that it had secured its first ever corporate client in the blockchain-based real-estate investment solution, Uberstate. Just two weeks into the company’s ongoing token sale, Uberstate signed a contract and bought over 1 million HADA coins as a result.

With the agreement, Hada DBank hopes to fulfill what it sees as the true spirit of the cryptocurrency community: a supportive ecosystem of ventures creating a sustainable economy around blockchain tech. 

Hisyam M, Chairman & Interim CEO, Hada DBank stated that the agreement stays true to at least fundamental function of blockchain -- advancing the sharing economy.

“We are ecstatic on the purchase of HADACoin and to forge a partnership with Uberstate by having them as our corporate client which is a mark of confidence on our Banking project. Having 2 blockchain-based projects working together is the true meaning of blockchain economy that represents 1 of the spirits of blockchain in general, sharing economy.”

In addition these comments, Hisyam also said that Hada DBank looks forward to servicing Uberstate clients in the future and hopes to bring its solution to other firms, both blockchain-based and traditional as it works to introduce HADA DBank Banking products and services to the mass market in general.

About Uberstate

Just like Hada DBank itself, Uberstate is also a blockchain-based project. The startup focuses on allowing users directly invest in large scale real estate developments via blockchain-fueled security tokens. It is 100% automated and, thus, 100% disintermediated in its role as an investment platform.

According to Hada DBank’s official press release, the underlying value of Uberstate’s native token itself is backed by real assets and the utility of the token in exchange for goods and services in their various locations globally.

Token Sale Details

The main ICO is ongoing, with the first 1,000,000 HADACoins being priced at 3,000 HADA per 1 ETH. After this, the exchange ratio will be subsequently changed back to the established norm of 1 ETH per 1,500 HADA.

There will be a fixed minimum all investors must contribute of 0.15 ETH per transaction if they are to participate in the ICO. Furthermore, the company’s aim is to reach its soft cap and hard cap, which are 5,000 and 30,000 ETH respectively.

Learn more on the Hada DBank website – https://www.hada-dbank.com/

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