Read carefully - this is from their disclosure agreement:
A. HMQ is not a cryptocurrency. At the time of this writing, HMQ (i) cannot be exchanged for goods or services, (ii) has no known uses outside the Humaniq network, and (iii) cannot be traded on any known exchanges.
B. HMQ is not an investment instrument or security. There is no guarantee – indeed there is no reason to believe – that the HMQ you purchase will increase in value. HMQ MAY, AND LIKELY WILL, DECREASE IN VALUE. Those who do not actually use their HMQ honestly and fairly will lose their HMQ to those who do.
C. If you purchase HMQ, you agree and certify that you are purchasing for your own consumption and use on the Humaniq network, and NOT AS AN INVESTMENT OR SECURITY.
I like the idea of helping people by the blockchain.
But give money to an untradable token, i hope the one who really need it benefit from it.
I asked if it will be tradable once but didnt get any answer
white paper...
Our ultimate dream is that everyone could purchase the smartphone, install
the Humaniq app and then cover his or her expenses on the same day, executing simple actions.
That is why we tether our emission to the Humaniq equivalent of $15.
4) In average, one user is granted with 500 coins.
.....
the team will be committed to the cost of the package Humaniq equivalent of $15.
