This article will give you an overall introduction to Hoo.com, the world’s leading blockchain assets service platform.
The Origin of HooHoo (Chinese pinyin: Hufu) originated from the Spring and Autumn Warring States and prevailed in the Qin and Han Dynasties. It was a token used by the ancient Chinese emperors to grant the military power. Hoo is a tiger-shaped token made of copper which is divided into left and right halves. The right half is kept to the emperor and the left half is sent to the hand of the general. When the left and the right half match each other, the one who has it would have the power to deploy forces and dispatch troops.
Hoo is the origin of cryptography to some degree. The cryptography today inherited the spirit of Hoo. For example, for a crypto wallet, the wallet address is similar to the left half of Hoo and the private key is the right half of it. You can have the access to your assets only if the two matches.
That is the origin of Hoo Exchange, previously Hoo Wallet. In June this year, the company acquired two exchanges — OAX and Chaince, and upgraded to an exchange based on the cloud wallet function of Hoo Wallet. Some important interfaces such as Hoo Labs and Spot Trading are added; and API services are also enabled.
Hoo TeamCore team of Hoo Exchange are composed of early Bitcoin lovers, blockchain developers and technicians who worked on the research and development of Pow8.com and BATPOOL, etc. and who have abundant experience in blockchain development and marketing. The product team are equipped with years of professional financial and investment services and management. The technology team have over ten years of experience in developing traditional financial software; and the core developers of Hoo exchange have been involved in blockchain space for years, aiming to provide fast and safe trading services for our users.
Wang Ruixi, the founder of Hoo, is an earlier Bitcoin players and well-known investors in the blockchain industry. Mr. Wang was interviewed by CCTV for many times. In 2013, he created the Bitmini Bitcoin Navigation website. In 2014, he served as CEO of Chengdu Bit Spring. In 2016, he completed the wholly-owned acquisition of PoW8. In the same year, he funded BATPOOL mining pool and served as CEO. He now focuses on the investment in the industry and blockchain technology research.
Hoo ExchangeHoo Exchange is the world’s leading cryptocurrency exchange which supports multiple cryptocurrencies. It is established on the basis of the acquisition of OAX and Chaince.
After the merger of the three companies, the real name users of the Hoo Exchange exceeded 300,000, with approximately 10,000 daily active users. The three exchanges collected more than 20 mainstream public-chain projects and completed the “cold start” of Hoo Exchange. Check out the key products and features of the Exchange!
Hoo LabsHoo Labs aims to discover, invest and accelerate great blockchain projects globally. By selecting, investing and supporting the project, Hoo Labs will help propel the development of the project and list the coin on our spot trading area so as to bring benefits to our users.
So far Hoo Labs has launched four projects, namely ALGO Fundraising, COCOS Fundraising, Nervos CKB Investment, and ALGO Refund.
1. The ALGO fundraising was completed within 2 hours with a target amount of 300 BTC and the refund has been finished within the valid period;
2. The COCOS fundraising was completed with 3 minutes with a target amount of 600,000 USDT;
3. The Nervos CKB Investment has been completed with a target amount of 500,000 USDT.
Closed Registration MechanismHoo Exchanged implemented a closed registration mechanism. The new users on Hoo Exchange have to get an invitation code for registration. The friends you invited to register become your first level friends and those they invited become your second level friends. You will be rewarded with commission fees once your first and second level friends trade on the exchange. The higher your VIP level is, the more friends you will be able to invite and the more rewards you will receive.
The closed registration mechanism is a mechanism introduced by Hoo to allocate high-quality resources to provide better services for our users.
Exclusive T ModelHoo Exchange initiated a brand-new rule — T Model — of crypto exchanges, which tokenized the “refund rights” to a new token with a ticker name starting with letter T. Successful cases include TALGO, TCOOS and TMTV.
In the future, Hoo exchange is to launch “T Board” which is used for the trading of T Model tokens.
Hoo EcologyThere are other products beside the exchange, including Hoo Coin + Financing, Hoo HD Wallet and Hoo Custody.
Hoo Coin + FinancingHoo Coin + Financing is a general term for Hoo Financing and Hoo Loaning.
Hoo supports the financing of various mainstream digital currencies such as BTC, ETH, EOS and USDT as well as other tokens, including current and regular financial management methods.
Collateral Loaning is a loan service for digital currency launched by Hoo, aiming to help users with their capital problems in time. The borrower gets the loan by staking the blockchain assets he holds, with a daily interests as low as 0.005%. Coins that can be used for staking include BTC, ETH, EOS, HC, USDT, BCH, LTC, etc.
HD WalletHD Wallet is the on-chain wallet of Hoo. Users control their private key and are able to manage multi chain wallet with one set of mnemonics. The HD Wallet now supports Bitcoin, Ethereum, EOS, Ho and BTC Lightening Network and the integration with Dapps and Lapps.
Hoo CustodyHoo Custody includes commercial wallet services and large asset trusting services.
Hoo Custody provides mature and reliable wallet service solutions to help companies such as exchanges, OTC platforms, wallet service providers, game operators and other companies to deposit, transfer, query and redeem products, which improves development efficiency and reduce operational risk.
Follow Hoo.com:
https://twitter.com/HooExchange https://t.me/chaince_foreign_group/hooexchange]https://[Suspicious link removed]/hooexchangehttps://www.instagram.com/hooexchange/https://www.reddit.com/user/Hooexchange/
