It is always said that adversity is the best touchstone. Amid the more challenging environment of the cryptocurrency market and the disappearance of many exchanges and projects, Hoo remains a vigorous developing momentum. Since the establishment of a global operation center in Dubai in August, Hoo has enjoyed an increasingly prominent influence in the international market and caught the spotlight of the mainstream media in the Middle East.
As a carrier of the value of Hoo ecology, the price of HOO (platform token issued by Hoo) has steadily risen with the upgrade and improvement of Hoo ecology. The current price has exceeded $1.2, with an increase of over 120% in the last month. Launched in September last year, HOO has recorded the highest increase of over 2,300%. Prior to other mainstream tokens once, it became one of the wealth choices that has attracted much attention from the investment market.
Until now, the story of Hoo just started.
Hoo Empowers Some People Investment Opportunity First, Gathering Popular 100x Coins
Giving investment opportunities to some people first is the core principle upheld by Hoo for a long time. Meanwhile, Hoo has also proven its professional ability in selecting potential assets and its ability to accurately predict the industry development trend in the long-term practice. At the beginning of this year, Hoo has been actively laying out potential assets such as NFT and Metaverse, etc. On January 21, Hoo launched the metaverse asset, AXS, which is now priced at $133.23, up a 27,889% increase compared to the opening price of $0.476. ENJ in the field of NFT has also accumulated a 1,369% price increase since its opening, while Hoo has already launched ENJ as early as February 5.
Undoubtedly, Hoo indeed shows the prior investment opportunity to users. As known as the birthplace of 100x coins, Hoo is recognized as a leader among the new generation exchanges due to its ability to discover quality projects.
HOO Ecological Revolution: Shares Ecological Value with Users
If the ability to find and gather quality projects is the secret of the growth of Hoo influence, the ecosystem based on HOO is a value guarantee for Hoo to develop in the long term. And Hoo is willing to share this value with each user.
In November this year, Hoo made a series of changes around the HOO ecology. First, we upgraded the VIP system of Hoo. The basic spot rate in the upgraded VIP system was lowered to 0.01%, and the highest level of VIP 6 is free of Maker fees, which is known as the lowest in the market. Upgraded VIP rights no longer distinguish between VIP level and Maker and Taker rates, unified to 0.05%, whose fee cost is much lower than Binance and other head exchanges for users with small trading volumes.
The rights and benefits enjoyed by VIPs after the upgrade will be associated with HOO holdings. Users holding 10,000 HOO tokens can get VIP Level 1 and holding 500,000 HOO tokens can get VIP Level 4, enjoying a 0.05% fee discount for SpotMaker and 0.07% for Taker.
In addition, Hoo is devoted to applying HOO to more aspects, for example, adding HOO to the pledged assets in the lending business. Users can lend out nearly 20 kinds of crypto assets such as PAX, DOT and FIL by pledging HOO. On November 3, HooPool completed the upgrade to support pledging HOO to participate in the initial mining activities of new projects, and on November 9, HooSwap’s quick-listing service was upgraded to support a 20% discount on test fees with HOO payment. In the IEO token airdrop conducted by Hoo Labs, the number of HOO holding will affect the user’s participation.
HOO ecological changes and upgrades provide many applications for HOO, and its role as an ecological value carrier is fully displayed. While holding HOO and participating in the development of Hoo ecology, users can enjoy the preferential services in each application and receive the gains from ecological growth, benefiting from the platform development as well.
A New Journey of Hoo Smart Chain: Builds a Metaverse Ecological Blockchain
For most cryptocurrency exchanges, success is defined as having massive users, high-quality assets and a complete ecological structure, but what Hoo pursues is far beyond these. Hoo Smart Chain set off a new journey on November 18: it will fully layout the metaverse and build a metaverse ecological blockchain.
Hoo Smart Chain (also called HSC) was launched on May 1 this year. It has broken through $400 million in just 3 days after the launch and become another potential exchange public chain after HECO and BSC, by eight features following as fees, high performance and stability, multi-chain smart contract compatibility, cross-chain gateway, decentralization, community service, alliance cooperation empowerment and member incentive mechanism.
Now HSC has set a new goal to build HSC into a metaverse blockchain through four stages of innovation and upgrade: visualization, multiple dimensions, interaction and the metaverse.
The launch of PuddingSwap Dessert Empire is the first step in the new journey of HSC.
On November 15, DEX PuddingSwap, the leader of HSC, officially opened the sale of NFT blind box cards of "PuddingSwap Dessert Empire," including 8 super chef characters. PuddingSwap Dessert Empire is an NFT + cooking baking game, in which users can pledge the cards extracted from the blind box to enhance the yield of the lock pool, but also through mining to obtain raw materials to make pudding to earn compensation. Meanwhile, the future will gradually join the raw materials NFT, kitchenware NFT, culinary battle mode. Desserts court NFT trading platform is a typical Play to Earn model, which provides users with a full range of metaverse experiences such as creation, display, socialization, trading and entertainment through the Play to Earn model.
PuddingSwap Dessert Empire owns full freedom to create. Different ingredients and different cooking methods will affect the attributes of the resulting pudding, and different chefs also have their attributes and quality differences, which will not only affect the quality of the pudding, but also the increase of the pledge yield. The chefs in PuddingSwap Dessert Empire are divided into 8 rarities, with the rarest Hoo chefs able to provide users with an additional 50% pledge bonus. To improve the liquidity of NFT cards, PuddingSwap has cooperated with Seekers and Fansforce, two NFT trading platforms, to create a "Super Chef" NFT card trading area, so players do not need to worry about the lack of liquidity to smoothly trade cards.
The emergence of PuddingSwap Dessert Empire is a bold attempt to the metaverse by HSC, which also contributes to the successful transformation of PuddingSwap. Relying on the ecology of HSC, PuddingSwap is moving from a single DEX platform to a comprehensive platform that incorporates new elements such as NFT, GameFi and the metaverse.
Starting from the exchange, Hoo’s stories can be read about the birthplace of 100x coins, contrarian growth, ecological upgrade, the launch of the main public chain and stepping into the metaverse. Each chapter is magical, and it will never end. As long as the industry keeps growing, the story of Hoo will never stop.