HDCoin represents equity in the HD Group, a New Zealand-based tech business that has been trading for over a decade. The company provides broadband, datacentre and technical infrastructural services to businesses in Asia-Pacific.
The company has interesting projects in the pipeline -- an ICO exchange that will also serve as an ICO incubator and will help businesses raise capital for their businesses. A SaaS Accounting platform, cloud, power and mobile services are also on the roadmap. Unlike most ICOs, there are more businesses in this ICO offer.
Another unique aspect is the link between equity and crypto tokens. One billion HDCoin issued as part of this ICO represents 10% shareholding in the business. Company dividends will be used to buy back and burn HDCoin in the open market.