Topic: [ANN] Hoo.com | One-stop Blokchain Assets Service Platform - page 9. (Read 2845 times)

Hoo Labs is launching Klaytn (KLAY) token sale on April 2. Detailed rules are as follow:



Rules:

Amount: 500,000 USDT

Mode: First come, first served

Reference price: average price of 2nd April 00:00-12:00

Time: 14:00 on Apr. 2, 2020 to 18:00 on Apr. 2, 2020 (UTC+8)

Accepted coin: USDT (wallet account)

Minimum invest: 100 USDT

Maximum invest: 1,000 USDT

Requirements: complete KYC

Listing arrangements (UTC+8): 15:00 on Apr. 3, 2020 (UTC+8)

Distribution: Tokens will be distributed to users' wallet accounts before the trading open.

KLAY deposit:  12:00 on Apr. 3, 2020 (UTC+8)

KLAY withdrawal: 18:00 on Apr. 3, 2020 (UTC+8)


Introduction to Klaytn (KLAY)

Klaytn aims to provide a blockchain platform of implementing the service-oriented and business level distribute trust. It combines the best of both the public blockchain (decentralized data and control, distributed governance) and the private blockchain (low latency, high scalability) with an efficient "hybrid" design. Klaytn is engaged with a number of well-known brands around the world to create a reliable decentralized business platform through joint and sustained efforts.
 

Name: Klaytn

Ticker: KLAY

Total supply: 10,000,000,000 KLAY

Type: Klaytn public chain

Year: September 2019

Number in circulation: 422,289,360 (as of March 2020)

Inflation rate: about 3% per annum


Website: http://Https://www.klaytn.com/ 

Whitepaper: https://www.klaytn.com/technology 

Twitter: https://twitter.com/klaytn_official 

Block Browser: https://scope.klaytn.com/ 
 

Token Highlights:

Blockchain applications (BApps) are cutting-edge services built by Klaytn. And from small start-ups to the corporate sector, Kalytn is committed to providing the highest performance and highest quality product environments to meet the needs of a wide range of engineering audiences. Additionally, Klaytn will scale up the adoption of blockchain applications (BApps) to ensure that the benefits of decentralized trust are shared by all members of the Klaytn community. KLAY is the basic token for Klaytn's network, which can be used for transfer fees and mortgages. Block rewards distribution: Core cell operator 34%, Proof of Contribution 54%, Klaytn Reserve 12%


Risk Alert: Any digital assets investment is risky. Please evaluate your risk tolerance before getting involved.


Hoo Team
Apr. 1, 2020

Dear Hoo users,

To repay and thank for our users' support, Hoo Labs has launched the HyperDAO(HDAO) token sale on February 22,2020. 
Click here to learn more details: https://support.hoo.com/hc/en-us/articles/360039480952



According to the HDAO project token vesting rule, Hoo will vest the first token on March 25, and the vesting rate is 15%. Your attention is highly appreciated.

Rules: the token will be vested 15% in the first 3 months, and will be vested 7% monthly in the latter 8 months.

Risk Alert: Any digital assets investment is risky. Please evaluate your risk tolerance before getting involved.
 


Hoo Team

Mar. 24, 2020

We’ve launched the Halving ETF token sale on Hoo Options today. Users can apply for purchase during 12:00 on March 24 to 18:00 on March 26.

What is a Halving ETF?

Exchange Traded Fund, known as an ETF, is a fund that tracks a specific index that can be purchased, redeemed and traded on exchanges. An ETF holds assets such as stocks, commodities, or bonds and generally operates with an arbitrage mechanism designed to keep it trading close to its net asset value.

Cryptocurrency ETF is an investment fund that holds different types of cryptocurrencies. Investors who apply to purchase the Cryptocurrency ETF get to buy a portfolio of cryptocurrencies, which is safer and more convenient.

The Halving ETF tracks principle68 Halving Index 5 designated by Principle68 Capital, which is composed of 5 coins that will halve their block rewards in 2020, including BTC, BSV, BCH, ETC and ZEC.

How to Apply for Purchase?

1. Visit Hoo Options, find the entrance for purchasing the ETF and click “Join Now”.



2. Click “Invest” and fill in the amount you’d like to purchase (minimum limit 10 USDT).





Please be noted that the little quizz is to block bots and scammers.

3. Click “Confirm to Pay” once you filled in the spaces.

Notes

It is completely free to apply for purchase of the ETF on Hoo Options. Once completed, the token will be locked for one month and can not be circulated on the secondary market.

Those who purchase more than 1000 USDT will receive a gift pack from Hoo, including

* 10 USDT trading funds for contracts trading
* 10% off the interest coupon for Hoo loan
* 1000 Points (worth 50USDT)

For more info, please visit: https://hoo.com/powers/detail/etf

Dear Hoo users,

We will launch an ETF token sale on Hoo Options on March 24. Please read the following rules:

Rules

Total amount: 500,000 USDT

Mode: First come, first served

Price: 1 USDT = 1 ETF

Time: 12:00 on Mar. 24 - 18:00 on Mar. 26 UTC+8

Cion accepted: USDT (wallet account)

Minimum investment: 10 USDT

Requirements: KYC completed

ETF distribution time: 3 hours when the token sale closes

Campaigns

Those who invested more than 1000 USDT will receive gifts from Hoo, including

10 USDT trading funds for contracts trading
10% off the interest coupon for Hoo loan
1000 Points (worth 50USDT)
Time: 12:00 Mar. 24 - 12:00 Mar. 26, the gifts will be sent when the token sale closes

ETF Explanation

ETF stands for the ownership of the halving fund of Principle68 Capital. If you hold any EFT, you can apply for redemption in a month after the token sale. Redemption price equals to the foundation net value on the day.

Redemption confirmation: T+1 (T stands for trading day. 00:00 - 17:59 is T day, 18:00 - 23:59 is T+1 day). If a user applies on T day, he will get the share based on the fund net value of T day and will be able to check the profit and loss when the net value is updated.

Fund Information

Fund initial sale date: Mar. 24, 2020

Target index: principle68 Halving index 5

Index following coins: BTC, BCH, BSV, ETC, ZEC

Fund weight rule: market value weight

Position weight adjustment frequency: monthly

Position type adjustment frequency: quarterly (valid on the first trading day of every January, April, July and October)

Minimum purchase: 10 USDT

Redemption time: one month after locking

Purchase fee: 1%

Secondary market trading: not enabled yet

Fund custody: Hoo.com

Fund management: Principle68 Capital

Note: If the manager committee believes that some special reasons may impact the index stability and comprehensiveness of the index during the adjustment, we will make an announcement in advance and make last-minute adjustments to the position.

Historical Earnings

Below is a table showing the position earnings, ROE, net value of the fund per month starting from Dec. 31, 2018 to Feb. 24, 2020:

ROE of the Month = Earnings of the Month / Initial Fund of the Month *100%



Highest net value in history is 2.894 on June 30, 2019, i.e., 189.4% of ROE.



What is Net Value?

Net value, also known as the fund's net worth, is the net asset value of each fund unit, which is equal to the total assets of the fund minus the total liabilities divided by the total number of unit shares issued by the fund. Open-end funds are purchased and redeemed at this price.

For example: If the topic ETF's current net value is halved by 1.30, it means that the fund has a floating profit of 30%.



Team Introduction

Principle68 Capital is a professional institution specializing in the quantitative trading of cryptocurrencies and the preparation of ETF index funds. It has a world-class investment research and development and management team. The team members have worked as the third largest hedge fund in Europe and have been partners. All members of the team have graduated. Ph.D. from a famous university in the UK, and has a top team of mathematicians and scientists.

The Principle68 Capital team has extensive experience in the design, development, application, and preparation of ETF index funds. The team focuses on quantitative trading and ETF index fund preparation for more than 20 years. Currently, there are 40 strategic trading in multiple markets around the world.

The Principle68 Capital team has close cooperation with domestic and foreign head exchanges, including: Binance, Huobi, OKEx, Bitmex, upbit, etc. The company's two flagship quantitative products have maintained stable annual returns. The average annualized rate of return of CTA products is 25%, and the average annualized rate of return of statistical arbitrage strategies is 30%, which are among the top five products in the industry. The team's strategy style continues the bloodline of the third largest hedge fund in Europe. Its risk control system is fully embedded in the trading system and uses machine learning to optimize the strategy.

Risk Alert:

1. The ETF token sale is different from the previous Hoo Options projects since the ETF cannot be traded in the secondary market when the ETF token sale closes.
2. ETF is a  perpetual fund that doesn’t have an expiry date. When the ETF purchase closes, it will be locked for a month.
3. Hoo will make announcements on the daily fund net value of ETF.
4. Rules related to ETF are designated by Principle68 Capital and Hoo makes slight adjustments based on their official rules.

Hoo Team

Mar. 23, 2020

For new users (VIP 0): 0.20%

Fees will be charged based on your VIP level, which will be updated at 0:00 (UCT+8) everyday.

Read details below:


Deposit and Withdrawal Fee

Deposit: Free

Withdrawal: Withdrawal fee is charged at a fixed rate under normal circumstances. But it may change subject to blockchain jamming.

Hoo will enable NEO / USDT trading at 15:00 on March 20, 2020. Users who complete our Twitter tasks will receive NEO airdrops, and those who place NEO/USDT orders will have a chance to win rewards!

NEO deposit and withdrawal have been enabled.



Campain 1:  Complete Twitter Tasks to Get Airdrops

From March 20 to March 22, the first 150 users who follow our official Twitter account, like, retweet and join Hoo official telegram group will share 50NEO (valued 330USDT) airdrops. The NEO token received from this campaign will be shown as HNEO. You have to deposit it to Hoo exchange and swap it to NEO with a rate of 1:1. You can also use the token to participate in our "Place NEO Orders to Win Rewards" campaign. (Read rules below)

Campaign 2: Place NEO Orders to Win Rewards, Up to 200% ARR

Time: 15:00 on March 20 - 15:00 on March 24, 2020

Hoo.com will take a snapshot every minute of NEO/USDT trading pair, make a record of the amount of the open part of the top 30 buy & sell orders and calculate the rewards.The rewards will be given out in USDT in the next day.

For example, a user place a No. 1 NEO buy order valued 100,000 USDT and the order remained open for 24 hours, he will be rewarded with (100000*200%)/365= 547.94 USDT.



Estimated Profit

If you placed an order valued 100,000 USDT, your estimated rewards per day would be:

Dear Hoo users,
 
To better meet the needs and to thank the long-term support from our users, we’ve decided to adjust the minimum order limit of the Spot Trading for $USDT, $BTC, $ETH, $EOS trading pairs.



USDT trading pairs: 10 USDT per order
BTC trading pairs: Total value 10 USDT per order
ETH trading pairs: Total value 10 USDT per order
EOS trading pairs: Total value 10 USDT per order
 
Thanks for your support to Hoo!
Hoo Team
Mar. 17, 2020

Dear Hoo users,

We are launching VVCoin (SVVC) token sale with 25% off the market price on Hoo Option.

Rules 
Amount: 1,300,000 SVVC (260,000 USDT)

Mode: Super Invest

Reference price: 0.17 USDT (market price 0.2 USDT)

Time: 14:00 to 18:00 on Mar. 3, 2020 (UTC+8)

Accepted coin: USDT (wallet account)

Minimum invest: 100 USDT

Maximum invest: 2,000 USDT

Requirements: complete KYC

Listing arrangements  on Mar. 9, 2020 (UTC+8):

SVVC deposit: 12:00

SVVC/USDT trading will be enabled at 15:00

SVVC withdrawal: 18:00

Notes:

SVVC was launched as an ERC20 token. It will be mapped to sero network in a month.
Any digital assets investment are risky. Please evaluate your risk tolerance before making decisions.

What is Super Invest?

Different from common fundraising rules, Super Invest ends when the time is due, rather than when it reaches the target amount. Users are still able to participate when they exceed the target. When the fundraising closes, users get their shares based on a certain percentage and the extra coins will be returned to their account.

Introduction to VVCoin

VVCoin is a platform which integrates cross-chain blockchain projects and their community and applications. SVVC is the token of SERO public chain technology, with a constant total amount of 18 million, with three major functions of value-added, circulation and rights and interests. Through the technology and concept of blockchain, VVCoin creates a more efficient, transparent, credible, consumption, investment, global social and wallet, finance and other diversified global decentralized blockchain global social networking and wallet trading application platform.

Name: VVCoin

Ticker: SVVC

Total supply: 18,000,000

Token distribution:

Token sale: 60%

Airdrop: 30%

Team: 10%

Website: https://www.vvcoin.top/

Hoo Team

Dear Hoo users,

To thank the long-term support from our users, we are launching the Valentine’s Day campaign on Feb. 14 (UTC+8).

Those who do contract trading on Feb. 14 are considered participants for our campaign. Hoo officials will rank the users based on their profits made. Top 5 winners will be able to win the Gift Box (or equivalent USDT). Come get a Valentine’s Day gift for your beloved one!

Time: 00:00 Feb. 14, 2020 - 24:00  Feb. 14, 2020 (UTC+8)

Rules:

At the end of Feb. 14, 2020, Hoo officials will rank the participants based on the net profit  when the positions are closed. Top 5 winners will receive the Gift Box (or equivalent USDT).

Awards:



Instructions:

1. You’re required to pass the the KYC to participate the campaign;
2. Profits of different contracts will be calculated altogether. The profit of reverse contracts will be swapped to USDT at the price of the marketing price at 16:00 UTC+8 on the day;
3. Formula: Net Profit = (Realized P&L + Unrealized P&L + Balance) - (Deposited Assets - Withdrawn Assets During the Campaign) - Initial Assets
4. The results will be announced on Feb. 15. Please stay tuned.
5. You will be disqualified if you’re found scamming.
6. Hoo.com reserves the final explanation for this activity.

Notes:

1. The Gift Box or equivalent USDT will be distributed within one week. You will be notified with the email/SMS message.
2. You will be disqualified if found scamming.
3. Risk alert: Digital assets contract trading is a high-risk investment. Please be aware of the risk and be prudent while making decisions.

Hoo Team
Feb. 14, 2020

Thursday Marks Hoo Contract Trading Day, Lucky Star Gets 1200 USDT

Dear Hoo users,

Thursday marks the “Contract Trading Day” on Hoo.com. Users who do contract trading on Thursdays will be able to be selected as the Lucky Star or to share 10% of the revenue of contracts trading on Hoo.com.

Time: Feb. 13, 2020 - Mar. 12, 2020

Rules and Awards:
Award 1: Weekly Lucky Star

Hoo officials will pick one from users who do contract trading on each Thursday from 0:00-24:00 (UTC+8) to send 1200 USDT.

Award 2: Share the Revenue

Hoo officials will rank the users on based on the the total profit of that day. Top 3 will be able to share the 10% of the contract trading fee of last week on Hoo.com.



For example, Alice, Bob and Chole joined the competition on Feb. 13 (Thursday) and ranked top 1, 2, 3 respectively. They will share 10% of the revenue Hoo gained from 00:00 on Feb. 10 to 24:00 on Feb. 16. Suppose Hoo gained 10,000USDT trading fee last week, then Alice will receive 550 USDT, Bob will receive 300 USDT and Chole will receive 150 USDT.

Note: The ranking is based on the realized profit and loss on that day.

Reminders:

1. You have to pass the KYC to join this campaign;
2. Profits of different contracts will be calculated altogether. The profit of reverse contracts will be swapped to USDT at the price of the marketing price at 16:00 UTC+8 on the day;
3. The weekly lucky star will be drawn randomly. Please stay tuned to the official announcement for the name list;
4. One user, one account. If you’re found cheating by duplicated accounts, you will be disqualified;
5. Hoo.com reserves the final explanation for this campaign.

Risk alert: Digital assets derivatives are high-risk investment. Please be prudent while  trading.

Hoo Team

Feb. 12, 2020

[/b]

Dear Hoo users,

We are launching “Hoo Contract Trading Month” campaign today, during which those who participate in Hoo contract trading with at least 100USDT in their Contract Account will be qualified to join the lucky draw!

Besides, post your rate of return poster to Twitter/Telegram groups, and tag @HooExchange and two friends will have the opportunity to enjoy free trading fee!

Time: 18:00 Feb. 10, 2020 - 18:00 Feb. 27, 2020

Rules and Awards
1. 5 USDT Trading Funds

Anyone who opens a position in a day will have the opportunity to receive 5 USDT trading funds. Hoo officials will pick 20 users every day randomly to send 5 USDT as their trading funds, which will be sent the next day to their contract account and can be used to trade.

2. Post Your RR to Enjoy Free Trading Fee

Post your RR 3 days in a row: Hoo officials will select 10% of the users to refund their 3-day trading fee;

Post your RR 5 days in a row: Hoo officials will select 30% of the users to refund their 5-day trading fee;

Post your RR 10 days in a row: Hoo officials will select 50% of the users to refund their 10-day trading fee;

E.g:



Notes: 

1. You’re required to pass the KYC before participating this campaign;
2. One user, one account. If you’re found cheating by duplicated accounts, you will be disqualified;
3. Please upload the screenshot of your post on Twitter or Telegram each day before 24:00 here: https://forms.gle/FScZ8MRM8s8Xn3r36
4. The lucky draw winners will be announced at 16:00 on Feb. 28. The refund trading fee will be distributed in 3 work days when the winners are announced.

Hoo Team

Feb. 10, 2020

[/b]

Dear Hoo users,

Hoo is calling for influencers to join our Contract Trading League. For those who are interested, please read the following details.

What is Hoo Contract Trading League?

Hoo Contract Trading League is composed of influencers who partner with Hoo in product optimization and updates, user support, technical analysis of the market and community management. The influencers will gain great returns once selected.

Rewards and Benefits

Rewards

Refer to your friends to register on Hoo.com, and you will receive the permanent commission fee;
Highest commission in the industry, up to 60% (the rate increases as the referrals and trading volume increases);
Affiliates and sub-affiliates system: enjoy dual commissions
The contract commission system inherits the spot trading commission
                 
Trading Benefits

Enjoy faster deposit and withdrawal channels
Discounted trading fee
One-on-one VIP service
Priority to do close beta test for the latest services

Marketing Benefits

Refer to a friend to sign up and complete their KYC on hoo.com. The friend will receive 10 USDT trading bonus for the contract trading
Specialized artworks designing support from Hoo official
The commission will be settled and withdrawn and with real-time
Add-value Benefits

Birthday gifts: Member of Hoo Trading League will receive birthday gifts
Member of Hoo Trading League will receive gifts on traditional festivals
Mysterious Benefits: Only those who are selected as premier league members will receive them
We want influencers who are:

Experienced in contract trading and have extraordinary rate of return;
Familiar with blockchain and cryptocurrency forums; actively engaged with blockchain communities;
Founders or managers of social media handles;
Sensitive to markets and have written blogs and articles on market analysis

Responsibilities:

Maintain the brand image of Hoo;
Complete the KPI of gaining new users;
Create Hoo contract trading groups, mange and help the users;
Collect feedbacks from users to improve the Hoo contract products

How to Join?

Please send an email to [email protected]. Sign up and wait for our review.
Become a member of Hoo Contract League
Share the invitation code to your friends
The friends you invited sign up and complete KYC
Activate the affiliate relation. You will receive the initial rate of commission. Your friends will receive the trading funds and coupons for the fee.

Hoo Team

Feb. 10, 2020

Hoo Spot Trading API is Open to the Public

Dear Hoo users,
Hoo.com spot trading API is now open to the public, which allows third party websites or applications to read Hoo account information or trade real-time.
Please check out “API Management” in “Personal Center”.



For more information, please refer to the API documentation:https://hoo.com/docs-en/#introduction

Reminers:

1. Create API Key allows third party websites or applications to read Hoo account information or trade real-time. Check out the API documentation to learn how to use it.
2. Only one API can be created. For security reasons, you have to bind the trading pair and IP while creating. Maximum 20 trading pairs and 5 IPs can be bound. 3. For single trading pair or IP, please write them down directly. For multiple trading pairs or IPs, please separate them by commas. For example, BTC-USDT,EOS-USDT,ETH-USDT.
4. Please do not leak your API key in case of asset loss.
5. Available trading pairs include: USDT Pairs (BTC/BCH/ETH/XRP/LTC/EOS/ETC/ATOM/ZEC/TRX), BTC Pairs (EOS, ETH)

If you have any questions or met any problems while using the API, please submit a request. We will provide professional and efficient technical support.

Hoo Team

Jan. 17, 2020

Find us on:
Telegram: https://t.me/chaince_foreign_group
Twitter: https://twitter.com/hooexchange

Hoo contract trading is now live. We, at hoo.com, invite all traders to join us for the competition to win max 4,500 USDT.

Time: 12:00, Jan. 10, 2020 - 12:00 Jan. 17, 2020 (7 days)

Those whose total RR ranks top 5 during competition the will get the following reward:



Those whose RR ranks top 5 each day will also be rewarded:



Margin Compensation

The first trader who gets liquidated each day will receive a margin compensation (up to 500 USDT).

Best Entry Price Reward

Traders who opened a contract at the best price, i.e., the lowest price to buy long or the highest price to sell short, will receive an extra 100 USDT trading funds.

Rules:
1. Users don’t have to sign up for the competition. As long as you trade on Hoo.com for any type of contract, you will be considered participants of this competition;
2. The RR intervals are 00:00 - 23:59;
3. The RR will be calculated in USDT. If you have opened different types of contracts using one account, we will pick the highest RR to send the reward;
4. The order number should be no more than 250, and the number for each contract should be no more than 50;
5. Formula = {[Realized P&L + Unrealized P&L + Balance - (Deposits - Withdrawal) - Initial Assets] / (Initial Assets + Deposited Assets during the competition)]} *100%.
6. Top 5 RR each day can only be rewarded once for each account.

Notes:
1. The USDT rewards will be sent to users within one week when the activity ends. Please stay tuned to your email notification.
2. You will be disqualified if you’re found scamming.
3. Contract is a high-risk trading product, please be aware of your risk tolerance and make reasonable decisions.
4. Hoo.com reserves the final explanation to this activity.

Dear Hoo users,

We, at Hoo.com, are excited to announce that the futures contract trading will go live on Jan. 8 (UTC+8)!

Hoo futures contract is a positive perpetual contract with USDT standard which is the simplest type of contract - the pricing currency and the settlement currency are the same. Take BTC/USDT positive contract as an example, BTC is the underlying coin and USDT is the pricing and settlement coin. It is similar to spot trading and is user friendly for traders.

Introduction to Hoo Perpetual Contract
Trading time: 7/24

Settlement time: Real-time settlement, but only realized profit can be withdrawn

Margin calculation gradient: The initial rank is level 1,. For a certain number of contract positions, the rank will go up for one level; for details, please refer to risk limitation

Initial margin=1% * gradient rank + estimated trading fee

For the buying price higher than the mark price or the selling price lower than the mark price, extra margin will be charged.

Maintenance margin = 0.5% * gradient rank

Reasonable mark price: To avoid unnecessary liquidation, Hoo adopts reasonable mark price to evaluate if a user’s margin is enough

Funding fee collection intervals: every 8 hours

Service fee: Maker - 0.035%, Taker - 0.075%

Liquidation: If the margin is lower than the maintenance margin, the contract will be liquidated. And the rest of the assets will be returned to the trader

Partial liquidation: Perceptual contract is a highly speculative investment product. Hoo will deal with the losses through partial liquidation

Prior to its launch, users are encouraged to make a reservation to get up to 15USDT trading funds. Reserve here: https://forms.gle/LnQqUM5bJEhKeajf7 

Hoo Team

Jan. 5, 2020

Hoo Launches “MOF Regular Coin +” Financing Plan | Cycle 2

Dear Hoo users,

We, at hoo.com, are launching MOF Regular Coin+ plan (Cycle 2) at 14:00 on Jan. 6, 2020 (UTC+8). Users do not have to lock their assets and are able to deposit and withdraw anytime.

MOF Regular Coin+ plan Cycle 2

Time: starts at 14:00 on Jan. 6, 2020, ends when the quota is full



How to participate?

1. Deposit MOF to the wallet account of Hoo.com
2. Choose MOF on the wallet page on hoo APP. Click confirm to participate.

Notes:

You will be charged with a penalty if you want to withdraw the coins before the expiry date.

⅔ to the expiry date: 1%;
≥ ⅔ to the expiry date:  0.5%
< ½ to the expiry date: no penalty

Thanks for your support to Hoo!

Hoo Team

Jan. 4, 2020

Dear Hoo users,

Hoo.com will add MDU/USDT trading pair on Jan. 5, 2020. Important timepoints on that day (UTC+8):

MDU deposit: 12:00
MDU/USDT trading: 14:00
MDU withdrawal: 19:00



Introduction to MduKey

MduKey is a data privacy system based on blockchain which helps small and middle sized enterprises to bring traffic, trading matching etc.

The team of MduKey are previously members of WXblockchain, Alibaba, Citibank etc. The developers worked for Cosmos/Tendermint before. Its investors include Consensus Labs, BN Capital and 8 Decimal Capital, raised over 10M USD for its first round financing.

Community
52midu.com is developed by MduKey where over 100 media agencies and influencers registered and post there. So far there are 100,000+ active users in the community. 

Introduction to the token
Name: MDUKEY (MDU Coin)
Ticker: MDU
Total supply: 200,000,000
Website: https://mdukey.org/
Whitepaper: https://mdukey.oss-cn-shanghai.aliyuncs.com/whitepaper/mdukey-whitepaper2.0-chn.pdf

MDU plays an important role both in the on-chain and off-chain governance.

Thanks for your support to Hoo!

Hoo Team
Jan. 3, 2019

Dear Hoo users,

In memory of the 11th anniversary of genesis block of Bitcoin, Hoo.com is to launch TBTC, the insurance right of BTC. The subscription of TBTC will be enabled on the Hoo Option (previously Hoo Power) page on Jan. 3.



Rules

Total amount: 50 BTC
Mode: First come, first served
Benchmark price: 0.095 BTC
Exercise price: 7,500 BTC
Time: 16:00 on Jan. 3–16:00 on Jan. 4 UTC+8 (24h)
Cion accepted: BTC (wallet account)
Exercise time: 16:30 on Jan. 31–24:00 on Jan. 31 (UTC+8)
Requirements: KYC completed; VIP1 above
Listing arrangements: TBTC7500/USDT trading pair will go online at 19:00 on Jan. 4 (UTC+8)

TBTC is a 27-day insurance right token of BTC which is tradable. Traders who hold TBTC are allowed to exercise their insurance right in 27 days (on Jan. 31). With 1 BTC + 1TBTC, they can receive 7,500 USDT on the day. After which the TBTC will become invalid and will be delisted.

What is the insurance right of BTC?

The insurance right is another initiative of Hoo after refund right, mining right and gain right. The nature of insurance right is a put option. The target of the insurance right is the market price of BTC. Users who hold the insurance right token (TBTC) can sell it at an agreed price to Hoo.com in the future. TBTC can be circulated in the trading market. Those who hold an equivalent amount of BTC and TBTC can exercise their insurance right.

Example

If we purchased one TBTC with an exercise price of 7,500 USDT at the cost of 0.095BTC (i.e. $648), and the BTC price dropped to 6500 USDT on the day of exercising, we can get 7,500 with 1 BTC+1 TBTC.
In this case, the cost was $6500+$648 = 7148 USDT. We could earn 352 USDT by exercising the insurance right.

Advantages of Hoo Insurance Right:

To hedge the risk of price dumping by purchasing an insurance for BTC and to gain extra profits when the price drops.

Potential users:

Traders who want to buy the dips
Holders who predict that the price will go down;
Miners who have abundant assets.

More assets right innovation, all at hoo.com.

Hoo Team
Jan. 3, 2019

Dear Hoo users:

To support the upcoming Muir Glacier network upgrade at block 9,200,000, Hoo.com will suspend the deposit and withdrawal of ETH prior to the upgrade, while its trading will not be affected.

We will handle all technical requirements involved for all users holding ETH in their Hoo accounts.

Please Note:
- This ETH network upgrade will not result in a new token being created.
- We will reopen deposits and withdrawals for ETH once we deem the upgraded network to be stable, and will not notify users in a further announcement.

For more, please refer to https://blog.ethereum.org/2019/12/23/ethereum-muir-glacier-upgrade-announcement/
Thank for your support to Hoo.com!

Hoo Team
Dec. 30, 2019

2019 was an extraordinary year for Hoo.com.

We have transformed from a wallet to a one-stop digital assets management platform;

We have established partnerships with multiple companies to expand our ecology and community;

We initiated the “Asset Rights Digitalization” plan (Hoo Power) which added new inspiration to the industry.

At the end of 2019, we would like to select the top 10 keywords and have their implications explained below. Check them out!



#1 Hoo Power
Hoo Power is a Hoo exclusive initiative aiming to digitize your asset rights and turn them into tradable tokens which can be circulated in the secondary market. Users who hold the digitized token (ticker starting with a “T”) will be able to exercise their rights at a certain period of time.

#2 Interest-free Loan
Hoo.com launched “Get Your First Loan with 0 Interest” on the APP in September. Users who borrow no more than 300 USDT for less than 90 days are qualified to enjoy the privilege.

#3 Referral Registration
New users have to use a referral code from an existing Hoo user in order to sign up on the platform. It is not to set a threshold to new users, but to ensure that we have a closely tied community. See how to get an referral/invitation code.

#4 Refund/Gain/Insurance Right
Hoo Power created a series of assets right tokens with the ticker name starting with “T”, including Refund Right, Gain Right, Insurance Right etc.
These rights are not only a protection to users’ assets, and help them to avoid the down market risks, but also realized the circulation and gain feature of the digital assets rights.

#5 EOS Supernode
On June 8, Hoo.com became one of the EOS super nodes officially after it announced being a BOS super node on Jan. 18 and an alliance node of the random number Oraclechain on June 8. We are still expanding our ecology by establishing more partnerships with the teams in the industry.
 
#6  Dual Currency Coin +
 
On Dec. 13, the first two Dual Currency Coin + financing products were launched with a pegged price of 7000 and 7250 USDT and up to 146.3% ARR.
For those who are interested, please check out the product on the APP.

#7 Acquisition
On June 12, Hoo announced its acquisition over Chaince and OAX and transformed itself to an exchange.

#8 Hoo Labs
Hoo Labs aims to discover high-quality and innovative projects for users to invest. So far the listed projects include Algorand, Cocos, Nervos, Kava and Kadena.

# 9 Lightning Network
On Mar. 15, the Chinese community of Lightning Network was founded and Hoo became one of its community members. Lightning Network is a payment network which processes Bitcoin trading.

#10 Friends Reunion Party
Hoo started its Friends Reunion Parties this June in cities like Shenzhen, Shanghai and Beijing. The attendees include media agencies, exchanges, blockchain projects and influencers.