You will agree with me that till date, messengers are among the most common applications. This is facilitated by the widespread dissemination of Smartphone and Internet access. With every passing day, more and more messengers are appearing on the market. Each messenger has its own audience, and as a result, it is necessary to install dozens of applications in the Smartphone to communicate with friends. **Hypnoxys** team is developing a multifunctional messenger; the architecture thereof is based on P2P communication, distributed data storage in IPFS and end-to-end encryption. The solution, based on a combination of these technologies, is consistent with the principles of decentralization, confidentiality, and resistance to attacks.
**Hypnoxys** is unique in the market because of its set advantages it will provide to the users. HYPX tokens are considered a long term investment. (2-3 years). In conjunction with other cryptocurrency payment option, Hypnoxys will have a fiat payment working system by end of 2020, this includes HYPX tokens. With the fiat implementation, the **Hypnoxys** platform will later decide on the applicable exchange fees for fiat to cryptocurrency conversion within its platform. The team plans to have community building initiatives which may include organization of public events and meet-ups in different countries across the globe. The events may be useful in marketing in order to gather more users with all these initiatives plans to create a new norm by empowering its users and securing the data of its users. It also plans to diversify and offer other forms of digital contents alongside chatting
**HOW THE THE HYPNOXYS PROTOCOL WORKS**
The **Hypnoxys** protocol allows users to be paid to use the app. The app has a functionality which allows it to add ads on the app to obtain more revenues. During each account creation ads are disabled because we don t want obligate our users to add ads like other apps. We give the decision to our users giving the opportunity to decide if they want obtain extra money. After ads are enabled you can hold 5,000,000 HYPX tokens then automatically we provide the accelerator for the time you spend on our app.
The app is developed using a decentralized structure. The architecture of the app is developed on the basis of P2P communication without the participation of servers, distributed data storage in IPFS and end-to-end encryption. The encryption ensures that data is secure and resistant to attacks. The use of asymmetric end-to-end encryption and P2P connections between **Hypnoxys** applications eliminates the possibility of intercepting user correspondence.
On this platform, the Hypnoxys users have the option of storing correspondence in IPFS. All user data is stored in an encrypted form. Data security is provided by duplicating data on multiple nodes. The emergence of various messengers has made the various audiences to be spoilt with choices to access digital content. The Hypnoxys system is built with Ethereum protocol which is very secure and gives customers an opportunity to earn revenues as they spend time on the app. At the same time, the platform also ensures the benefits are passed on to the users in the form of reduced prices.
Many believe that blockchain platforms and cryptocurrencies are complex technological creations which are not easy to use. They believe that for someone to be able to understand the technology and use any such platform should have advanced technical skills. The team behind the development of Hypnoxys has conducted extensive research into the industry to identify the problems. The team is developing a platform that addresses most of the issues in the chatting apps.
**DECENTRALIZATION IS NEEDED ON THE HYPNOXYS PLATFORM**
Briefly discussed below are the salient points why this new platform, Hypnoxys is a blockchain based:
i. Trust, a function of blockchain network is the most expensive commodity which every user can always get on the Hypnoxys platform.
ii. Decentralized: On the Hypnoxys platform, Smart Contracts and Community arbitration provides trust at zero cost.
iii. On Hypnoxys, transparent data access control by both consumer and seller is readily made available thus aligning incentives for Platform and Users.
iv. Tokenization aligns the incentive between the platform and users and promotes healthy growth of the system, Hypnoxys.
**BENEFITS FOR THE HYPNOXYS APP USERS**
The Hypnoxys platform pays users to use the chat with the functionality of adding ads on the app and obtain more revenue. The app is different from other chatting apps since when you download the app, ads are disabled, unlike the other apps which enable ads. The users of the app are given the opportunity to decide if they want to earn extra money.
The Hypnoxys platform is built over Ethereum protocol and uses its own conventional tokens for transactions on the platform. HYPX tokens are the primary medium used for payment in the Hypnoxys app. The tokens which are based on ethereum token standard (ERC20) are paid to users when they activate ads to use the app. The Hypnoxys tokens can be purchased against bitcoin and other cryptocurrencies.
The HYPX tokens can be stored on different wallets of the user or within the Hypnoxys platform.
**WHERE TO BUY THE HYPX TOKENS:**
The HYPX token is already listed on the www.coinexchange.io market and can be traded against BTC and ETH pairs.
The direct trading links of HYPX token on this exchange are given below:
https://www.coinexchange.io/market/HYPX/BTC
https://www.coinexchange.io/market/HYPX/ETH
In conclusion, **Hypnoxys** generates its profit through its HYPXR system. This is got through the conversion of the tokens generated by users viewing ads. This wonderful platform has so far forged some important strategic collaborations with some leading organizations and blockchain businesses. In the coming months, the platform aims to extend its collaboration with other players in the market.
***Be Part of This Revolution Now!***
For more information about the **Hypnoxys** project, kindly get connected with these links:
WEBSITE: https://www.hypnoxys.com/
WHITEPAPER: https://hypnoxys.com/docs/HYPX-whitepaper-0.8.pdf
ANDROID APP DOWNLOAD: https://hypnoxys.com/apps/android/hypx_0.6.2.apk
TWITTER: https://twitter.com/hypnoxys/
TELEGRAM: https://t.me/hypnoxys
ANN THREAD: https://bitcointalk.org/index.php?topic=5112908.msg49870661#msg49870661
**WRITER'S DETAILS**
BitcoinTalk Username: cryptoblezin
BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2178561;sa=summary
ETH Address: 0xC89b8Dd7e3E137DB108575EeAe301E52b6C72d9F