The cryptocurrency world is witnessing mass adoption gradually; brands and platforms with large financial portfolio are also joining the league to keep up with the disruptive trend and nature of the Blockchain tech era. One of those major noticeable moves is the Venture Capitalists joining one of the leading Bitcoin exchange Huobi HADAX Super Voting Nodes. In this article, we will have an in-dept discussion on top 4 reasons why HuobiPro HADAX Supernodes is attracting Venture Capitalists.
What is HADAX?
HADAX is an acronym of Huobi Autonomous Digital Asset Exchange owned by the popular centralized cryptocurrency exchange Huobi (also known as Huobi Pro).
2 Unique Features of HADAX Cyptocurrency Exchange
Considering the fact that the mother platform Huobi is already among top 3 Bitcoin exchange in the world as of today. One, then wonder why the need to setup another cryptocurrency exchange. Thus, we will look through some of the unique features integrated in HADAX which possibly could not easily be re-integrated into the already existing exchange HuobiPro.
1) Crypto Coin/Token listed on HADAX goes through thorough examination by the team; third party pro organization and the members through voting before it could be listed. This means chances of having shit coin/token scaling through all these though screening process is very slim and likely impossible thereby making HADAX a more saver exchange than other existing Bitcoin exchanges that list coin/tokens with little or no checkup on their project at all.
2) Crypto traders are more secured via token developers’ security fund: One of the essential prerequisite for getting listed on HADAX is Security Deposit. This means the token team are required to drop huge security deposit which they get back in 12 instalmental payments with 1year and in case their project fails and get delisted for whatever reason, the security deposit will be paid to users to cover any losses caused instead of been paid back to the team.
Cool, that makes every coin/token team to do their homework well before applying for listing on HADAX or risk the huge loss and HADAX secures its users with their security deposit.
Interested in trading on HADAX? – Click Here!
What is HADAX Super Voting Nodes?
HADAX Super voting nodes are the professional investment organizations with an excellent reputation to vote for projects. Their responsibility is to make professional reviews and vote to projects that apply for HADAX voting. They help users to select quality projects using their expertise and reduce their investment risks. Super voting nodes are important partners of HADAX voting.
Top 5 Reasons Why Venture Capitalists Join Huobi HADAX Super Voting Nodes
With the continuous expansion of Huobi Group’s global business, the global influence including HADAX continues to increase, and the interests of super-nodes are also constantly improving. Specifically there are five aspects:
1) Should 100% of the Super Nodes vote for the project, Huobi Pro will conduct the review process for listing onto Huobi Pro’s exchange. HADAX will also hold “Super Node Voting Special Session” from time to time. Super Node voting can directly go to HADAX’s project (take the top ranked total votes). This means that the Super Node has certain currency voting privileges.
2) Super Nodes can participate in the screening of massive projects through the Huobi platform and reach more high-quality project resources. Whoever can take the lead in reaching more quality project resources will be able to cast a unicorn in the blockchain era.
3) Super Nodes have the right to participate in workshop special topics organized by Huobi Capital & Research Institute. Workshop will invite Huobi Research Institute and Huobi Capital to exclusively share and analyze the frontier blockchain investment field. In addition, super-nodes have the opportunity to participate in the Huobi Talk live broadcast on the Youtube channel.
4) On the Huobi platform, the Super Nodes’ recommended project has priority for preliminary review. This means that a large number of high-quality project resources need to actively communicate with Super Nodes to obtain recommendations.
5) Super Nodes can participate in meetup and conferences around the world in Huobi, participate in the review of project roadshows, and match project resources.
For example: On May 24, 2018, Huobi Pro hosted the “Blockchain Festival Vietnam” mega-conference in Ho Chi Minh City. Huobi collaborated with Super Nodes creating exposure for them with exhibition booths with Super Nodes billboards, promotional posters and brochures. The Super Nodes were also invited to participate in the stage to interact with the participating audiences, and acted as a judge for the project road show, and scored reviews of the blockchain projects involved in the selection. Multi-channel increase brand exposure.
Brief Check on Existing HADAX Super Nodes
At as the time of writing this article, there exists over 45 HADAX Super Nodes and some of them are;
ALPHACOIN is a Singapore based venture capital fund focused on investing blockchain technology and tokens. Since 2017, ALPHACOIN has invested in over 30 leading blockchain technology projects both home and abroad, with a total investment amount in exceed of 50 million USD. Among the investment portfolio, there is BASIS.IO, a stable coin project that was co-invested by top-tier venture capital firms such as Andreessen Horowitz and Bain Capital; and there is IOST.IO, which was co-invested by Sequoia Capital, etc. Our investment team consists of professionals from Shanghai, Beijing, Hangzhou, Singapore and Silicon Valley. Their backgrounds cover traditional and crypto venture capital investing, blockchain technology and crypto exchange operations. Our investment team is capable of comprehensively assessing blockchain projects based on their technology know-how, engineering capability,business model soundness, and team competency. As a venture capital fund focusing on investment in blockchain technology, ALPHACOIN has founded strategic partnerships with both top-tier venture capital institutions such as Zhen Fund, Sequoia Capital, FBG, Danhua Capital, etc and service providers . With its connections in the blockchain industry, ALPHACOIN has been long dedicated to building an orbicular industry chain with its partners, so as to provide value-added services such as technology assistance, business development advising, marketing, partnership building and exchange listing consulting to the companies we’ve invested.
Founded in the end of 2013, Bitmain Technologies is devoted to providing high performance supercomputing chip, hardware and software products. Main business line of the company includes Cryptocurrency and Artificial Intelligence (AI). Currently, Bitmain-made miner (AntMiner) takes up 85%+ of the bitcoin miner market, and the first Bitmain-made ASIC for AI applications has been tested successfully. Later, AI-related hardware products will be published. The company is headquartered in Beijing, with offices in other areas of China, the United States, the Netherlands, Israel and some other countries. Among all the staff, 70%+ are engaged in R&D work, 50%+ have master or doctor degrees. Core team members come from Peking University, Tsinghua University, Chinese Academy of Sciences and other world-class universities, and they also come from other countries including the United States.
Collinstar capital founded from 2015, it’s a venture capital company based in Australia, which foucs on investing in financial technology, blockchain and cryptocurrency. It’s an early investor for burgeoning cryptocurrency, included Bitcoin, Ethereum, Litecoin, etc, and already became the leading company in blockchain and cryptocurrency of Australia even the whole world. Collinstar capital has already done dozens of investment for blockchain projects, and all these projects have already spreader all over the blockchain industry.
Others HADAX Super Nodes includes but not limited to LinkVC, Krypital Group, Kenetic, Goopal Digital Capital and others. To learn more on how to join Huobi HADAX Super Voting Nodes Click Here!
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Kindly do your research before you invest in any crypto project because the above is for information purpose only not as professional or legal investment/trading advise.