HYPERFUND AND HYPER ECOSYSTEM
- 2. Decentralized finance is an open source technology that reaches disintermediation through decentralized layers and the elimination of centralized intermediaries in order to improve the current financial system in all aspects, emphasizing the core tenets of openness, fairness and connectivity. Take cross-border payment as an example, when a person remit money to a person in another country, they usually need to find a financial institution to complete the payment task, but it will charge a certain fee in return.
- 3. However, DeFi (Decentralized Finance) app disintermediates the entire remittance process by sending digital money directly from his/ her wallet to the payee without the need for a financial institution intermediary service. DeFi has many different financial applications, including payments, debit and credit, stable coin, tokenisation and decentralized exchanges, and can create a new generation of financial system.
- 5. HyperFund has constructed a DeFi ecosystem that will provide a completely decentralized financial infrastructure for all digital currency users. HyperFund will devote itself to developing quality blockchain projects, lead the strategic direction of Fintech, and aims to make more contributions to the blockchain industry.
- 6. HyperTech Group has launched the HyperFund – Ogilvy Plan to build a DeFi (Decentralized Finance) ecosystem. The aim is to provide a holistic decentralized financial infrastructure. Ryan Xu, also known as the Martian, is the Chief Consultant of HyperTech Group, and will be heavily involved in the project.
- 8. HDAO is the platform token of decentralized autonomous organization HyperDAO, and is currently listed on OKEx and Hoo. It was lauded as one of the top projects of 2020, which was why it was selected as the official token of the HyperFund platform. Based on distributed bookkeeping and blockchain technology, HyperDAO will build a financial service ecological platform integrating DeFi applications such as decentralized stablecoin, community crowdfunding, wallet, cloud exchange, market prediction and asset management.
- 9. Based on distributed bookkeeping and blockchain A decentralized stablecoin An ecological financial service platform integrated with DeFi applications HDAO will be the token powering the HyperDAO ecosystem. Application scenarios will gradually increase and there will be not only a multiplication of wealth, but also a symbol of success in the future.