Reintroducing Beyond Horizon token

I introduced this token long ago. But no one is interesting so I took them back. Someone bought from me and he placed sell order with very high price.

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What is this token for?

This is something I tried to fill the gap. We have USDT for Dollar but we do not have equivalent token for other countries. So I created this token for Myanmar. With this token we can easily exchange Hive with Myanmar Kyats.

How much does it worths?

It pegs with 1000 Kyats(Myanmar currency).

How does this token works?

There are two parts for this token to works. First is exchanging this token with Kyats and second is exchanging this token with swap.hive. For the first part people need to send Kyats to me and I will send Beyond Horizon token to them. I will keep this money in bank and I will not distribute the tokens that is not supported by the Kyats.

For second part I will let the market decide. Sometimes I will buy Hive using BHZM tokens but before doing this I will add my own money to the bank. Sometimes I will buy back BHZM tokens with Hive. But most of the time I will let the market decide because it is decentralized and nobody can control the market.

Where can I buy BHZM token?

You can buy in any hive-engine websites like hive-engine.com, leodex.io and tribaldex.com. If you want to buy using Hive you can use this link. But for people from Myanmar have to send Kyats to me first to get BHZM.

Where can I sell BHZM token?

You may sell in hive-engine websites to get Hive or You can send it to me and I will send Myanmar Kyats to you.

Caution

Currently only Bank transfers using Kpay are accepted. You may send by using other methods but you have to give for the transaction fees.
I will not give any transaction fees.

Are there any limitation?

Yes. I think I can transfer 50 lakhs in Kyats. This will be according to Kpay rule. I can not do anything to this.

_{Reference Link:}

Further Expansion

If community from other countries start using this kind of tokens, I hope we can use these tokens for border trade. This is an amazing idea.

Scenario 1:
A is from Myanmar and B is from India. A want to buy some goods from India and B also want to buy some goods from Myanmar. A bought BHZM tokens in Myanmar and exchange them with the tokens that equivalent to the India currency. Then A send this token to the Vendor or Company that has the goods he want to buy. There will be website that can be used to exchange the currencies. The trade will take place according to market price. The same things applies for B.

Scenario 2:
If Hive price is up you can swap with BHZM tokens. There is a question for this.

Who will buy Hive if Hive price increases?

There will also be buyers. This type of buyers never try to hold the coins. They will use this immediately after they got the coins. Eg. If you want to buy card packs in SL and you will use your money to buy Hive as a medium. For this kind of people Hive price does not matter because they will put Hive into the Splinterlands.com and they will get what they deserved. That's why I am constantly talking that we need the places where we can spend Hive.

Beyond the Horizon

I want to use BHZM in everyday life. By doing so a lots of people will be joining Hive. Then they will learn this awesome blockchain and community.

Comments are welcome.

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If you want to play Splinterlands. Please use following link:
Join Splinterlands
@mmunited aka @beyondhorizonmm

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