HOO’S FIRST TRADING COMPETITION IN 2022 – ₮200,000 TO BE WON!

图形用户界面

描述已自动生成

Trade with Hoo and win the incredible rewards from the prize pool!

The first-ever trading competition on Hoo will be launched on the 1st of March 2022, with the highest prize of 200,000 USDT to be won from our prize pool!

All the Hoo customers would be eligible to register for the upcoming trading competition. The competition will be held for ten days, from the 1st of March 2022 at 15:00 to the 11th of March 2022 at 14:59 (UTC+8).

There are two kinds of contests for customers to choose from during the trading competition, which are the group competition and the individual competition. Each customer could only choose one contest during the trading competition, and it could not be changed on any occasions afterward. The campaign trading pairs would be all the trading pairs in Hoo’s spot zone and innovation zone.

About the Rewards:

The reward of the trading campaign on Hoo adopts a tiered reward allowance format; the total amount of compensation depends on the number of users who participate in this contest; the more users register for this trading competition, the more reward would be allocated in the prize pool. The total amount of reward in the group competition takes up 80% of the prize pool, and the remaining 20% would be placed into the prize pool of individual competition.

The Tiered Reward Allowance Format:

Number of valid participants

Prize Pool Size ()

≤500

1,500

501-1,000

3,500

1,001-2,000

7,500

2,001-5,000

15,000

5,001-10,000

35,000

>10000

50,000

*The calculation on the number of valid participants in the event only includes the number of users who registered for the event and have traded above ₮100 equivalent cryptocurrencies after the campaign has started.

Note:

Our risk control system would detect the cheating users in the campaign, and the number of cheating users would be deducted from the total number of participants. For example, the batch swiping, Market maker account, and other behaviour to inflate prize pool would not be accepted.

The group competition guidelines:

Each individual registered as a part of the group would be allocated to the group competition section. And the ranking of each group during the competition would depend on the total volume of transactions. The amount of reward for each individual who participates in a group campaign would be based on their contribution rate of the entire team.

The distribution method for group competition would be conducted in the following format:

Team Ranking

Proportion of rewards

TOP1

15% of team prize pool

TOP2

12% of team prize pool

TOP3

10% of team prize pool
TOP4

8% of team prize pool

TOP5

5% of team prize pool

TOP6-TOP10

Split 25% of team prize pool

Rest of the teams

Split 25% of team prize pool

For example, if the total number of valid participants during the Hoo trading competition is above 10,000, then the allowance of prize pool would be ₮50,000; thus, the TOP 1 team during the competition could earn ₮6,000 in total; if one of the team members takes up 50% of the contribution rate of the entire team, the exact reward this individual could get during the campaign is ₮3,000.

Key takeaways: 

  • The total reward of group competition is 80% from the entire prize pool.

  • The users could get a higher team ranking by inviting their friends to join their group to generate higher transaction volume.

  • Each individual could only join one team; once confirmed, there would be no exemption to switch afterward.

  • Only the teams that reach the transaction volume above ₮1,000 would be shown on the ranking lists and eligible for sharing the prize pool; those who do not qualify would not be showcased.

  • The amount of reward for each individual who participates in a group campaign would be based on their contribution rate of the entire team.

The individual competition guidelines:

Each individual who chooses to register under individual competition would be considered a ‘sole trader’ during the campaign. Also, the ranking of each user during the competition would depend on the total volume of transactions. The ‘sole traders’ are entitled to keep all the rewards depending on their ranking.

The distribution method for individual competition would be conducted in the following format:

Individual Ranking

Proportion of rewards

TOP1

15% of individual prize pool

TOP2

12% of individual prize pool

TOP3

10% of individual prize pool
TOP4

8% of individual prize pool

TOP5

5% of individual prize pool

TOP6-TOP10

Split 25% of individual prize pool

The remaining valid participants

Split 25% of individual prize pool

For example, if the total number of valid participants during the Hoo trading competition is above 10,000, then the allowance of the prize pool would be ₮50,000; thus, the TOP 1 individual during the competition could earn ₮1,500 in total.

Key takeaways: 

  • The total reward of group competition is 20% from the entire prize pool.

  • Only the individual participants who trade more than ₮200 would be shown on the ranking lists and eligible for sharing the prize pool; those who do not qualify would not be showcased.

Important Notice:

  • The total transaction volume = buying transactions + selling transaction

  • If the trading amount is the same, the order of the block packaging time of the last trading would prevail (the display is sorted from top to bottom).

  • The reward generated from this campaign would be distributed within seven working days after the event closes.

  • Hoo has the right to cancel the qualifications and rewards from participants without prior notice if it detects cheating behaviours such as user brushing and batch registration of users from participants.

  • Hoo reserves the right to cancel or amend any activity or activity rules at our sole discretion. If the platform risk control system detects the use of tools for batch registration and batch transactions, Hoo will cancel their eligibility for attending this event, and those under severe circumstances will be banned.

  • Hoo reserves the right of final interpretation of this event. Don’t hesitate to contact our customer service team if you have any questions.

About the trading competition:

Hoo aims to launch this trading competition to enhance the liquidity further and endorse the customer engagement of our exchange. The prize pool is set to award all the customers who would actively join the campaigns of our exchange; thus, the set-up of the prize pool encourages each participant eligible for earning incentives and rewards from this trading competition. Moreover, please note that cryptocurrency is subject to high market risk due to the volatility of the crypto market. Hoo is dedicated to listing the high-quality and high-potential crypto assets for our users, but the investors should take their own responsibility for their investment decision.

What is Meta Resident?

Meta Resident is a DAO protocol based on Binance Smart Chain, a new organizational form of operating system. The contract is open sourced on GitHub and audited by CertiK.

“Meta” Resident Dao aims to rebuild community trust and security. Based on the strong consensus of 10,000 times gene, it spontaneously generates a collaborative organization of co-creation, co-construction, co-governance and sharing. It focuses on the cause of the Metaverse, and allows some of the first to enter the future to become Meta Resident.

Meta Resident has the most complete DeFi 2.0 functions and economic model on the current DAO circuit:

5 major functions of Meta Resident DAO protocol: 1. LP pool activates members 2, LP ranking system 3, member voting 4, ecological casting 5, dividend/airdrop pool;

Meta Resident governance coin MR issued a total of 10,000 pieces, of which 2,000 whitelisted IDOs were scattered, and the remaining 8,000 pieces were all entered into the PancakeSwap – MR/BNB trading pool and publicly locked, with zero reservation!

The slippage of the whole network transaction is 5%, 2% is DAO dividend, 1% is operating treasury, and 2% is deflationary destruction;

At the same time, Meta Resident DAO is based on the powerful blockchain protocol function to realize the future expansion of ecological applications such as DeFi, GameFi, NFT, and Metaverse. To become the world’s largest Metaverse DAO organization, Meta Resident must establish a tight community composed of DAO contributors. Collaborate and build together, and reward members with huge profits with two 100-fold increases. Meta Resident calls this plan: the 10,000 times plan.

The first 100 times: Users only need to buy MR tokens and inject liquidity into the trading pool to obtain LP certificates, and then pledge LPs into the protocol to become Meta Resident DAO members.

Become a member of the Meta Resident DAO, everyone has contributed to the DAO and gained substantial benefits: PancakeSwap’s AMM market-making revenue, 2% of the network-wide transaction slippage, and 1% of the DAO treasury for the ecological development of Meta Resident Escort, 2% deflation destruction.

Meta Resident DAO will grow rapidly because of this, and MR with a market value of 200,000 will quickly increase from the initial price of 20U to more than 2000U, achieving the first 100 times.

In the future, the Meta Resident ecosystem will focus on the implementation of Metaverse applications. Every Metaverse project that has landed can mint application coins. When the number of coins reached 21 million, MR minting will be started and minted at a ratio of 1:10,000. And the price is split. Take MR rising to 2000U as an example, you can use 2 MRs to mint 20,000 application coins MR01, and the price is split into 0.2U per piece.

The token price of 0.2U will soon start to rise all the way due to the circulation and the large-scale entry of the Metaverse into the lives of ordinary people. It will rise to 20U, which is a ten thousand times plan, but 20U will definitely not be the end of the Yuan residents.

Meta Resident DAO always believes that the future has come, and all DAO members who have contributed to the Meta Resident ecosystem will become the future Metaverse “Meta” Resident!

The unique SLG chain tour of the top BSC chain – Super War Pet

Foreword

GameFi can be understood as Game+DeFi. The core value lies in integrating the financial element (Finance) into the game, improving the game economy through financial attributes, and at the same time promoting the financial attributes of the game through the game economy, supporting and relying on each other, forming a dynamic balance and healthy development. Allowing players to earn money during the game is the most attractive part of GameFi, that is, the play to earn part of GameFi. Not only that, but GameFi also contains a wealth of Defi gameplay, such as game prop assets NFT, game economy combined with liquidity mining, etc. Of course, in addition to play to earn, GameFi’s more long-term significance is that it provides a window for users in the real world to spy on the appearance of the metaverse. Therefore, GameFi is regarded as the next outlet of the blockchain with huge economic value and investment value.

The global GameFi market is even more mixed, good and bad. What’s more, a game name and a few game pictures will be listed and released. The economic model design directly points to DeFi, and there is a lack of in-depth thinking and cultivation in the direction of Game. But there are also many emerging projects around the world that deserve attention. Super War Pet is a very promising GameFi game.

The reason why GameFi is valuable is that the IP attribute of the game itself is extremely important. Just like land and flowers, Finance is the land, watering and nourishing is the flower of the game. In terms of game content and IP creation, many projects have begun to stand out and take the lead.

Super War Pet is a classic and unique SLG chain game based on Binance Smart Chain (BSC), which integrates “elimination, competition, simulation, mining, Staking, SWAP, DEFI, NFT, DAO”, in which you will lead Your pet team takes risks and achieves each other.

Game Introduction

It’s a metaverse full of adventure and war. You can use NFT pets for adventure and war, discovering incredible new worlds and life forms with some mysterious power. You can use the token draw box to get NFT pets, or you can use the summoning and breeding skills to make your pet lineup strong enough, which will bring you more resources and rewards.

Super War Pet has a complete economic system, from NFT exchange to pet summoning, synthesis, duplication, exchange, to land auction and store rental, you can fully enjoy the Play-to-Earn experience.

Super War Pet also has a complete social system. From the moment you join the game, you are a member of the Super War Pet DAO, which means that you can share the dividends of ecological development by participating in the ecological governance of Super War Pet Metaverse.

You will lead your pet through each level to find more powers and resources to become the best Super War Pet fighter. You will join an epic war for supremacy of the pet camp in the elven castle.

The original intention of Super War Pet is to bring the game back to the essence of fun.

Super War Pet is a top GameFi production from game graphics to war scenes, as well as combat missions and level design. Coupled with rich and interesting gameplay, players can get a fully immersive gaming experience in Super War Pet.

Introduction to Play-to-Earn

Play-to-Earn economic benefits The core of the GameFi field is an economic model like Play-to-Earn, which we call earning while playing. It is different from the Free-to-Play model in the traditional game industry. Chain game players can earn real money through encrypted assets. Players who participate in virtual economy construction and games can earn rewards through their own participation behaviors. In the market Sell and get a profit.

In this case, the development team of Chain Games has changed from the service role of the traditional game development team to a company-like architect, and the player has changed from the player who pays to play the game to a person who contributes to the development and expansion of the company. The transformation of the identities of both parties has transformed the original player’s behavior of spending money to play games into a behavior similar to work and making money. They can claim rewards from the market through games, which is the most meaningful point for current blockchain players. .

Super War Pet NFT is also known as SW-NFT. Each SW-NFT represents a pet, and obtaining SW-NFT is the first step to join the super pet game. Only after obtaining SW-NFT can you be eligible to summon a pet, and then you can participate in the incubation, upgrade, and exchange of SW-NFT.

Different from the centralized mode of traditional games, Super War Pet gives players enough game rights. All SW-NFTs purchased and incubated by players belong to the players themselves, and players have the right to freely exchange their own SW-NFTs.

Epilogue

The rapid development of related industries caused by the global epidemic has led to great changes in people’s production and life in the past two years, including the way of entertainment. When we work, meet, shop or play in a non-contact virtual environment, we find that this is actually more A convenient and efficient way. Under the epidemic, some resource-exporting countries in Southeast Asia have encountered an economic crisis. To solve the economic crisis, it is necessary to seek new economic growth points in addition to resource exports. The economic system mapped by GameFi just provides such a possibility, so that ordinary people can In the reality of high consumption and low income, certain benefits are earned through the virtual world.

In the chain game of Super War Pet, you can lead your pets to adventure together and achieve each other in the process of Play-to-Earn. With the game Super War Pet, you can have your own world on the blockchain. Each player can summon, collect, duplicate, exchange pets, and use their pets in the exciting game environment to get game rewards.

In the name of DAO, Meta Resident achieves the trust of community with value!

More than 2,000 years ago, the cognition that subverted the world came from thinkers; more than 300 years ago, the cognition that subverted the world came from scientists; today, the cognition that subverted the world is most likely to be generated by blockchain practitioners; It is very likely that cognition occurs in algorithms, not humans.

In the past year, the Metaverse and DAO have flourished. As the outlet of the blockchain, this is definitely the new development mission of the industry in the future.

The large-scale emergence of DAO actually means a major turning point in human civilization. In the future, the entire human race will move towards a decentralized civilization, which can also be said to be an era of algorithmic civilization.

At this critical time node, Meta Resident (hereinafter referred to as MR) was born. MR takes the important task of human civilization progress, rebuilds the safety and trust of the community, and gathers the strength of each member to jointly accomplish a goal and integrate The imagination of talents in the field of blockchain can be used to maximize social value.

Meta Resident

Blockchain is the second Internet revolution, and the value and business it creates can be compared to the Internet’s contribution to information and media. By completely eliminating fault and trust issues, it enables an unprecedented level of collective coordination that forms the technical foundation of DAOs.

MR is a Defi 2.0 application DAO protocol based on blockchain technology. It is a second-layer Defi financial protocol that can expand and link the whole ecology in the future. MR aims to allow some people to enter the future and become the DAO organization of the Metaverse “Meta” Resident.

8

MR has the core spirit of Web3: positive, transparent, and win-win, MR coordinates the network through true ownership of contributors’ work and community relations. When everyone owns a part of the network, and the success of the network depends on their actions, more and more people will choose to join, and the whole ecosystem will grow stronger and stronger.

Many other DAOs are still an abstract concept today, and a key point of their failure is the lack of a solid framework for decentralized blockchain governance. MR is different. It is an open and generalized DAO smart contract framework that enables decentralized supervision and collective value management on the blockchain.

Just as HTTP enables the creation and interoperability of websites and web applications, MR enables the creation of web companies, collaborative applications and DAOs, giving each member voting and governance rights, and aligning their interests to ultimately build A new open collaboration network. In this network, collectives can organize themselves around shared goals and values, going beyond pure economic growth.

Moreover, in order to show the meaning of community to the world, MR has created a 10,000 times plan. MR is a key step for society to move towards a multi-collaborative and sustainable future development, and it is a great community cause for the entire mankind.

Meta Resident 10,000 times plan

In order to develop a DAO to a corresponding scale, traditional marketing is not enough. Therefore, in our transition to the world’s largest metaverse DAO, we must build a tight-knit community of DAO contributors who can work with the core MR team to operate the network, and we will give them excess benefits, We call this plan: MR 10,000 times plan. Only the official DAO members of MR can really enjoy the dividends of the 10,000 times plan.

In the MR ecology, the total number of tokens is 10,000, of which 2,000 are IDO and 8,000 are injected into the liquidity pool. Users need to purchase MR from the liquidity pool, inject MR/BNB liquidity, hold the LP liquidity certificate and pledge it into the DAO protocol, and then activate as a formal MR ecological member, with voting rights, casting rights, and dividend pool dividends.

In the early days of the 10,000 times plan, due to the low market value of only 200,000 US dollars, each DAO member needs to buy MR tokens, and then feed them back into the liquidity pool to get LPs to become full members, adding a lot of capital to the liquidity pool, plus 2% Continued deflation and destruction ensures that the tokens are deflated to 2100 pieces, and the token price will continue to rise. The token price will be 100 times from 20U to 200U and then to 2000U after the Swap transaction is opened. At this time, it belongs to the development dividend growth period of MR. All can quickly profit from it, just to expand the ecology.

When the community develops to a certain level, the MR ecology will develop the ecology through a large number of metaverse chain games, and each project will mint application coins, which will be presented in the form of MR01, MR02, MR03….

Example: You have 2 MRs, each 2000U, worth 4000U, split and exchanged for 20,000 application coins MR01, each 0.2U starts to enter various applications such as chain games, NFT, Metaverse, and DeFi (detailed in the ecological application chapter). ); the currency price from 0.2U to 2U is 1000 times, and then to 20U is 10,000 times!

At that time, we can proudly announce that MR is a great invention of the entire human organization transitioning to DAO. It subverts the new profit-oriented community mechanism with beliefs and values. Currently in the infancy of DAO, we firmly believe that DAO will become the most A valuable invention.

Epilogue

As the most advanced DAO model at present, MR has a complete economic model design and planning. The total amount of tokens in the early stage is small and can be fully autonomous. Members can directly establish liquidity, improve the DAO ecology, and also enjoy dividends and liquidity benefits.

Constrained by smart contracts, the distributed blockchain community organization form that jointly creates, acquires and distributes community value has the characteristics of decentralization, tokenization, autonomy, autonomous rationality, openness and transparency. In line with our imagination of the future, grasping the future is now!

Who is the real DAO in the future metaverse? Meta Resident is ready to do IDO!

For now, the DAO is another important feature of the metaverse that differentiates it from the current internet and virtual worlds. A DAO is an ideal structure because it leverages blockchain and smart contract technology to enable people around the world to interact freely based on a consistent structure of interests, incentives, and payments.

And now, a new paradigm DAO protocol based on BSC has come out, it is Meta Resident, which is an operating system with a new organizational form. MR is a DAO organization that aims to allow some people to enter the future first and become residents of the metaverse “meta”.

Description of Meta Resident

protocol. It is the world’s first Defi 2.0 application DAO protocol based on the great autonomous community. In the future, it can expand and link the entire ecology of the Defi layer 2 financial protocol. The goal of the birth of MR is to rebuild the security and trust of the community, gather the strength of each member to accomplish a goal together, integrate the imagination of talents in the blockchain field, and bring considerable benefits to each DAO member to maximize Social value.

On the basis of ensuring the fairness and legitimacy of asset issuance, and on the premise that the ownership of users’ pledged assets is sacred and inviolable, users contribute the liquidity of assets to obtain corresponding ecological rights, which is the core governance model that constitutes the MR ecosystem.

06381bd837fa42d5364af103dffc3d6

After the issuance of MR tokens, there are 2,000 whitelisted IDOs, and the remaining 8,000 tokens will be directly put into the PancakeSwap trading pool MR/BNB, and then the contract ownership will be discarded and the liquidity pool will be locked. Users need to purchase MR and then inject liquidity into the liquidity pool. After obtaining the LP certificate, you can become a formal DAO member by staking it.

At present, the slippage set by the MR ecology is 5%, and each transaction in the liquidity pool will be deducted. The DAO dividend pool can also regularly issue airdrop tokens for cooperative projects. The specific uses can be divided into the following:

1. DAO dividend pool 2%

The DAO dividend pool distributes dividends to all DAO full members according to the LP pledge weight ratio;

2. DAO treasury 1%

DAO treasury is used for MR growth period development expenditure to ensure the healthy growth of the overall ecology;

3. Deflation destroys 2%

Deflation burning by 2% can make the entire MR ecosystem continue to deflate until 2,100 tokens remain.

Meta Resident IDO

The MR ecology adopts a new internal economic incentive model, that is, the 10,000-fold plan. For details, you can follow the official MR information. It opens the door to an unprecedented organizational growth model. The specific IDO details of MR are as follows:

Token Name: MR

Blockchain Network: Binance Smart Chain

IDO platform:

Number of IDOs: 2000 (total amount of tokens 10000)

Limited subscription:

Whitelist rules:

1. Official Twitter @ and like and retweet the event tweet with the hashtag #MR #IDO;

2. Join the Telegram community:

3. Registration whitelist (Google form):

Epilogue

2022 is the first year of DAO, which is already a market consensus. Therefore, the core of our vision is to become a DAO of the latest paradigm, and to help DAO members enter the metaverse era, practice the Wanxian plan, and achieve financial freedom.

The reason why the blockchain industry is great is that it can always find a way for human beings to change. As the industrial age moves towards the information age, people need a new property rights system inherent in the era. As many people know, everyone seems to have seen that an important turning point in human civilization is coming.

The metaverse game Super War Pet released the global beta version

Humans have been exploring and exploring the universe for a long time. In astronomy and geography, from the “geocentric theory” to the “heliocentric theory” to the Big Bang, human beings continue to expand the boundaries of cognition, trying to understand the origin and destination of the universe.

Vincent Mossko wrote in The Cult of Digitization, “As Newton described the universe as a gigantic clock, subject to a series of interlocking machine parts, the universe today is increasingly viewed It is a giant computer.

en海报1

On the contrary, the metaverse is a virtual space created by computer and network technology, imagined as a kind of “universe” in which time and space are close to infinite.

The former is close to the computerization of the universe, while the latter is the cosmization of computers. It does not answer astronomical questions, but faces human beings and the virtual world they create.

The birth of [Super War Pet] is the milestone of the metaverse approaching you and me.

[Super War Pet] is a pet chain game developed based on Binance Smart Chain (BSC) that integrates “elimination, combat, cultivation, mining, staking, trading, DEFI, NFT, DAO”. Here you can lead your pets, adventure together, and achieve each other in the process of playing and earning.

Nowadays, humans use games as one of the best entrances to the metaverse.

When consciousness travels through time and space, to the parallel metaverse of Super War Pet

It’s full of adventure and battle

Here

Break through the shackles of reality and virtuality

Start the pet adventure journey, upgrade, hatch and breed new pets, and have unique cute pets.

where you can fight with NFT pets,

Lead your pet to break through the levels to find more power and resources,

Be the best Super war pet fighter.

You will join an epic battle,

Discover exciting new worlds and life forms with some mysterious power.

en海报2

Super War Pet is a commercial breakthrough of blockchain technology in the game field.

By creating more economic opportunities for users,

Build a successful commercial closed-loop system,

From the NFT competition to the summoning, synthesis, breeding and trading of pets,

Then go to land auctions, shop leases,

You can completely in Play-to-Earn mode,

Panning for gold.

Super War Pet has a robust economic model

In order to ensure the stability of the game token system and the healthy development of the game ecology;

Accelerate the connection between the real world and the metaverse through GameFi,

Super War Pet will build a brand new game ecosystem integrating blockchain technology,

Completely subvert and change the current traditional game cognition;

Adopt NFT standard more suitable for game interaction,

Super War Pet will continue to develop rich gameplay such as financial systems, new scenarios, land systems, mining and farming, etc.

It will be a metaverse full of creativity and freedom.

We are using the metaverse,

The Metaverse is also “using” us,

Where there is information dissemination, there is information interaction.

When a new concept or technology emerges,

will always lead to the fantasy of changing the world,

When the metaverse platform expands the super pet connection to every corner of the world,

where various voices can communicate with each other,

All participants have the opportunity to benefit from this beautiful new virtual world.

The infinite possibilities contained in [Super War Pet] will be officially staged from this moment.

To this end, we can collectively look forward to a more immersive virtual game space.

The first time we met, the metaverse game [Super War Pet] opened the global internal test,

We want to bring millions of internet users to the blockchain with Super War Pet,

Experience the GameFi revolution together,

Now, let’s get started.

Official Websitesuperwarpet.me

This is a transcript of the Twitter Space AMA that took place on 16/Feb/2022 with Cole and Denton.

Twitter Space AMA Questionnaire Giveaway

There will be a small give away for our AMA audience and readers of this article, all you have to do is to answer a quick questionnaire with link provided below.

Submit this AMA Questionnaire for a chance to win 40 Hoo tokens. 10 lucky winners will be chosen at random after the submission deadline on 25/2/2022 midnight (UTC +8).

Submissions need to get at least 7 out of 9correct answers in order to be considered. Lucky winners will be announced on Twitter and contacted by our team to redeem their prize by 2/3/2022.

Link to do the questionnaire

Link to the AMA Recording if you want to listen to it again

Introduction

Denton : Hello Cole, could you introduce yourself to us, tell us a little bit about your background.

Cole : Hello, everyone, I am Cole form HSC. Good evening! Thank you very much for coming to this AMA , I am very excited! I have been in this industry for several years, and I believe deeply that Blockchain technology is born for revolution and creation.

That is the road HSC intend to realise.

Denton : It’s really great to have you with us Cole, can you tell us a little more about HSC, what is the vision behind it?

Cole : As you all know, Hoo Smart Chain is EVM side chain with two key principles: “open and friendly”.

HSC is also committed to broadening the blockchain world, and realise a complete ecological system. We want to give developers a low barrier to entry to blockchain development and the freedom to build decentralized applications, such as DeFi protocols , game-fi and social-fi. We want HSC to enhance our lives.

At HSC we constantly striving for breakthroughs, and believe that innovation is a positive sum game. We can all win and go further together.

Denton : I really agree that crypto has the potential to enrich our lives, by connecting people together in a way that has not been seen before. Recently I can see that HSC’s official website has redesigned, and given a very nice face lift. What is the motivation behind this ?

Cole : Maybe motivation is not quite accurate way of phrasing this.

HSC is constantly to innovate and achieve new breakthroughs; the revision to website is to show that HSC has new development direction and goal.

I am pleased to announce here that in 2022, HSC will take the direction of a visual blockchain. We will work to make crypto more accessible, and combine the values and application of web 3.0 into HSC.

In the future, every HSC wallet address will be an aggregator of value for the user.

Denton : Oh wow , I cannot wait to hear more about the plans for this year. To start off, are there any important plans or milestones for HSC this year?

Cole : Yes, I think lots of people will be confused about the visual blockchain.

We are still planning a lot of things this year, I hope those I can unveil them as they come along this year. And yes they will become our milestones if we can achieve them.

The first of the milestones is that the visual chain will be the first to come out. Meanwhile HSC will open registration for planets on the visual chain.

Yes that’s right, Planets ! I want to say something more about it. I have never mentioned anything about planets before. In new direction HSC will take, every address will be a planet.

You will be the owner or mayor for it. You can even do your urban planning and transportation system for it.

HSC gives value to the planet or address through your own operation and management. In comparison to SAND or Decentraland, which gives value to the price of the NFT. We will give value back to the users.

So everybody stay tuned! We invite everyone to HSC and manage your planet!

Denton : I just want to know when I can manage my planet, but we’ll come back to that later. What do you think will be the future development trend of DeFi in 2022?

Cole : 2021 was a breakthrough year for Defi. NFTs, GameFi, SocialFi, Metaverse, all have broken into the mainstream markets. It has brought extraordinary influence into not only the on-chain crypto world, but also off-chain in traditional markets.

Now if you were to look at development of DeFi in 2022, I think there are two notable aspects : One is security, this is an on-going and long term problem for DeFi, how do you balance the three aspects of the Blockchain Trilemma — Decentralisation, Scalability and Security ? With so many hacks that happening recently, Bitmart, KuCoin. Users need to feel safe about using DeFi and I think we are not there yet. We will do lots of things to improve this.

Denton : I totally agree with the security issue, I would not put my life savings in Defi at the moment. There so many hacks or scams.

Cole : Yes totally, everybody has experienced some hack or scam before, you don’t have the complete DeFi experience without them ! Even Musk wouldn’t put their life savings in DeFI.

The second aspect which I think is quite interesting, is the transition from DeFi to what I call De-Life, or Decentralised Life.

Whether it is finance, gaming, social media or art, they are all part of our lives. I believe the application of blockchain will make all these aspects more and more decentralised.

For example, the NFT craze has taken the art world by storm, and is leading the march onto decentralized art world. Needless to say finance is very much a part of our lives, and defi is leading the way!

Denton : Yes…maybe it is time to go BANKLESS (shoutout to our amazing friends at Bankless) Decentralisation is really going to make our lives better. That would be amazing.

Cole : Yes, and there could be so much more to decentralisation that we haven’t seen yet. For example DAOs is leading the way to decentralise the way we work, and the way we live.

For example decentralized education, decentralized book service, etc. We’ve all studied from when we are a child to become an adult and go to college (maybe). Education Study should be rewarded at every stage, not just an issue a certificate by a centralised college. You should be rewarded for your efforts and ability throughout your education. And others can even verify it like consensus!

I really look forward to seeing how all these will develop in the 2022 and the coming years. To decentralise our lives.

Denton : Wow the concept of De-Life is really interesting. I totally agree that decentralising will give benefit our lives great. Like bitcoin and Ethereum, their value partly comes from their degree of decentralision. This is very cutting edge developments! On to another cutting edge concept… HSC put forward the concept of a “visual blockchain”. To my knowledge, unique to the industry, could you give us some examples of this ?

Cole : I think all of our friends will be curious about this visualisation.

Well, simply all ecological projects on the chain will be alive and presented visually.

They will exist in the form of shops, buildings, parks or whatever you can imagine on that planet.

Every on-chain address will correspond to the users planet , and every planet will be unique. We can see the activity of each planet in a ranking, which will correspond to its visitors, interactions. This will then accrue or add value for the planet! Each user and build their planet as they like !

For example, you will find the top ranked planets, then the top planets will have 10,000 visitor weekly. That’s awesome, I want to buy some land on that planet, maybe put some advertisement there. This is the value of that planet.

If you planet is really well designed , then more people will be attracted to your planet, because of your effort you put into it.

Maybe Denton you like games, so you may have a very cool gaming themed planet. You are always interacting with the game-fi projects and you get those items and display it on your planet. You’ll manage your planet, and it will attract people who are also interested in games.

Denton : Oh yes, you got that right ! like games [a lot] but you can do a lot more! A gaming planet would be pretty cool. Imagine if you could play to earn, and games like Axie Infinity is making a big influence in the industry.

But how will the visual chain impact the future development of DeFi?

Cole : Traditional DeFi Models are project-centered. The merits of the project and market sentiment determine the value of the project, but the interactive value of users has not been shown.

Therefore, you may understand the process of learning, interacting, and participation of a project to be a kind of “Proof of work”. In this case we will try to give value back to it’s users.

Back to your planet Denton. You can put your DEX on one spot, your game NFTs in another spot it’s really convenient interface to use. I enter the your planet, and its well organised, I can just click on your buildings and start interacting with the protocols myself. As more and more people use your planet, value will accrue like a bit like land value !

The value of your planet will be higher, because of your effort to organise it !

Denton : I really can’t wait to organise my planet ! But it seems like it won’t be easy to achieve, what kind of specific differentiated services can the HSC platform provide to realise this vision ?

Cole : I’ll go through them here :

1. Ecosystem Visualization:

The visual chain will provide a dynamic ecological landscape with a life cycle, so that all participants can understand the rise and fall, boom and bust of each project. You will be able to visualise the on chain data and you can navigate around the different planets, and just like walking on a city street, you will find which restaurant has a really long queue or which has been closed for upgrade, or which milk tea shop has been closed down replaced by a crypto OTC counter !

2. Visual Bills: In addition to writing a record on blockchain, each interaction of an address on HSC will also generate a building block of the interactive project. That means Interaction to make eco-landscape grow, and eco-landscape to flourish each planet. At the same time, everyone can check their own Gas Fee consumption and monthly or annual interactive reports on HSC.

Denton : Yes I certainly can do with checking our how much gas I wasted on Ethereum mainnet , probably too much.

Cole : 3. Personalized management: Each planet (address) can plan or build their own planet landscape and determine rules themselves. Users can participate in ecological interaction through other planets and the exposure of each planet will be displayed to public.

4. At the same time, HSC will provide the best support environment for all projects giving them soil and sunshine to grow. Such as the Cosmic Origin Project Grant plan, all-round market support and technical support.

Denton : OK so when can I build my planet !? Sorry what I mean is…. what are the immediate goals of HSC?

Don’t worry we will let you build your planet when we test it !

In line with our motivation to make DeFi more accessible , we will continue to pursue the key to DeFi world so to speak, and open the door of Defi to more and more users.

The short-term goal is to focus on User Friendness, to realize the first phase of creating a visual blockchain and to start incorporating a DAO structure to HSC.

Denton : You know I am into DAOs.

Cole : In the long run, as a metaverse framework, HSC wants to change the heavy reliance of value aggregation on DeFi Projects. We believe the blockchain technology is so much more. By incorporating core ideas from De-Life , Web 3.0, I believe each planet on HSC can accrue value from all kinds of interactions, and grow our ecosystem into an entire Metaverse.

Denton : Now that there are many leading public chains such as SOL, AVAX, BSC, etc. in the market, what is the core competitiveness of our HSC?

Cole : This is a very good question about the overall position of HSC.

This is something we have been thinking about a lot. Right now, a lot of the impression of each public chain is still focused on the projects on chain, gas price and its logo. HSC also focus on its users and HSC will become front and center visible to the world.

This vibrant ecosystem will make up our landscape, finally HSC will become an accessible metaverse in the future.

I believe this will be the trend of future development.

Denton : Annnd That is a wrap.

We hope everybody enjoyed their time with us here tonight, thank you all for joining.

If you have any questions just get in touch on any of our social media channels.

We will be hosting more AMA with various guests in the coming months. So please stay tuned to our TwitterTelegram and Discord !

Oh and don’t forget to checkout our new Website !

Thats it, Thank you Cole for sharing your vision with us, and thank you everybody for joining us, good evening / day wherever you are !

Thank you !

-END –

Link to the AMA Recording if you want to listen to it again

7e986ad70f506759a0e08016c1baf05