About Hoo Debt-to-Token Conversion, Partner Investment and Other Business Optimization Plans

DearHooUsers:ThankyouforsupportofHooforfouryears,andaccompaniedHoothrough1497days.AtthebeginningoftheestablishmentofHoo,Hooaspiredtobetheeasiestexchangeforusersandby“maketraingeasier”asslogan.Inthisprocess,Hoohasdevotedalotofhuman,materialandfinancialresources.Uptonow,Hooisstilliteratingandupdatingcontinuously.Theoriginalintentionhasnotchanged,andthereisstillalongwaytogo.Inall,Thankyouallforyourlong-termsupportandtrust.Recently,duetotherapidchangesinmarketconditions,manyexternalinvestmentinstitutions,chains,lendingprojectsandplatformshavesuccessivelyencounteredproblems,Hooisresultinginagapinourcashflow.Ourteamareactivelycommunicatingwithothers,andstrivetorecoverthefundsscatteredoutsideasquicklyaspossible.Hooisindeedfacingchallengescurrently,butatthistime,themoreweneedeveryone'ssupport,WehopeeveryonecangiveHootrustandunderstanding.Inordertosolvetheproblemofcashwithdrawalassoonaspossible,ensurethatuserassetsarenotlosttothegreatestextent,andresumeplatformoperations,HoowilllaunchaDebt-to-tokenconversionplanandapartnerinvestmentplan,andoptimizefinancialderivativesfuturestradings.Thespecificplansareasfollows:I.Debt-to-tokenconversionplan1.WhatistheDebt-to-tokenconversionplan?TheDebt-to-tokenconversionplanmeanstoconvertsomeoftheexistingassetsofusersontheplatformthroughDebt-to-tokenconversion,allowinguserstofreelytradeintheInnovationzoneanddirectlyexchangeatequivalentmarketprices.Thedetailsareasfollows:1)Theuser'scryptoassetsontheplatformwillbeconvertedintothesameamountofdebttoken.Forexample:1USDT=1HUSDT(HooUSDT),thedebttokencanbefreelytradedinInnovationzone;2)Hoowilllaunchstablecoin?IUSD(InvestmentUSD),1IUSD=1USD,IUSDistheunitofreferenceintheinvestmentofpartners;3)Inadditiontotrading,userswhoholddebttokencanalsouseswapfunctiontoexchangedebttokenforIUSDandparticipateinpartnerinvestmentbusiness.Theexchangepriceofdebttokenisanchoredtothemarketprice;4)UserswhoholdIUSDcantransferfundsbetweenuserswithintheplatform;2.Debt-to-tokenconversionimplementationplanHoowillofficiallylaunchtheDebt-to-tokenconversionplanonAugust1,2022.WhentheDebt-to-tokenconversionplanisinprogress,allusertradingswillbeclosed.Inordertoavoidlosses,pleasecancelallpendingordersforyourbusinessintime,andtransferallyourassetstothewallet.Allpendingordersoftheuserwillbeautomaticallycancelled,andyourassetswillbetransferredtothewallet.ItisplannedtoopentheInnovationzoneonAugust5,andtheuser'sdebttokencanbefreelytraded.Theexpectedtimescheduleisasfollows:1)August1---------Alltradingserviceswillbestopped,allbusinessstatuswillbecancelled,anduserassetswillbetransferredtothewalletaccount.2)August3---------Debt-to-tokenconversionplanimplementation.3)August5--------Opendebttoken/USDTtrading(Innovationzonetrading)II.Partnerinvestment1.Whatispartnerinvestment?PartnerinvestmentisasolutionwhereuserscanparticipateinHooEarnwiththeirIUSDholdings,unlockthemregularly,andgetanadditional200%ofadditionalincome.Detailsasfollows:1)UserscaninvestIUSDintheFuturesinvestmentproductintheHooEarnZone.2)Partnerinvestmentincomerules:AftertheuserIUSDparticipatesinHooEarnbusiness,theassetswillbelocked,andthetimewillstartthenextday,and0.01%(basicratio)oftheinvestedamountwillbeunlockedeverydaytothecorrespondingwalletaccount(theunlockingratiowillbedynamicallyadjustedaccordingtotheactualsituation.).Theextra200%willbeunlockedinsequence.

NEAR基金会与Kakao Games旗下Web3游戏METABORA SG达成合作:3月6日消息，NEAR基金会和Kakao Games旗下Web3游戏项目METABORA SINGAPORE（简称METABORA SG）签署了一份战略谅解备忘录。

根据协议条款，NEAR和METABORA SG将相互合作以发掘一个基于IP的全球Web3联合业务，通过跨链提高区块链生态系统的整体流动性，提高品牌知名度，通过赛事推动全球营销，建立一个积极的支持系统以加强核心网络。（PR Newswire）[2023/3/7 12:45:41]

3)Unlockedtoken:DailyunlockedfundswillbeissuedintheformofHOOtokens.2.PartnerInvestmentExecutionPlanHoowilllaunchtheDebt-to-IUSDfunctiononAugust8,andthepartnerinvestmentfunctiononAugust15.Theexpectedscheduleisasfollows:1)August8---------TheDebt-to-tokenexchangefunctionwillbelaunched.2)August15---------IUSDEarningfunctionwillbelaunched.III.FuturesbusinessoptimizationHoowillcompletetheupgradeofFuturessystemonAugust15.Theconvenienceofusersisalwaysthedirectionofourprogress.Finally,HooteamswouldliketoexpressourapologiestotheloyalusersofHoo.Itisourpredicamentthathasbroughtyoualotofinconvenience.WehopethatthroughourDebt-to-tokenconversionplanandthechangeswearemaking,wecanmakeupforeveryone'stimelossandbringbenefitstoeveryonethroughlong-terminvestment.Hoohopesthatinthedaystocome,wewillbeabletoworktogethertoovercomethedifficultiestogether,andHooisfortunatetohaveyourcompany!TheHooteamisactivelydealingwiththecurrentissues.Forthelatestprogress,pleaserefertothelatestannouncementissuedbytheHooteam.HooGroupJuly24,2022

WeAbove项目Discord服务器遭到攻击:金色财经消息，据CertiK监测，WeAbove项目Discord服务器遭到攻击。请社区用户在服务器修复之前不要点击任何链接。[2023/2/10 11:59:05]

Coinbase同意以未披露的金额收购Zabo:加密货币交易所Coinbase已同意收购Zabo，据悉，Zabo是一个使金融科技公司和金融服务公司能够轻松将加密货币账户连接到他们应用程序的平台。Zabo的联合创始人AlexTreece表示，收购预计在未来几周完成。目前收购细节未对外披露。（coindesk）[2021/8/5 1:35:35]

国际人力资源平台ChronoBank宣布推出基于区块链技术的完整工作平台LaborX:据Bitcoinist消息，国际人力资源平台ChronoBank宣布推出首个基于区块链技术的完整工作平台LaborX，LaborX计划通过利用不可纂改的信誉系统，智能合约和透明的数字货币市场，来为求职者和公司提供安全有效进行即时交易的能力。[2018/5/29]

Nick Szabo：对集中Token的投资会带来额外的投资风险:加密货币早期投资者Nick Szabo在Twitter表示，对集中Token的投资会带来额外的投资风险，它们可能会在一夜之间由于欺诈、监管等变得毫无价值。[2018/5/23]

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