Hillstone Weekly Update (Aug 29 ~ Sept 2)
Welcome to Hillstone’s weekly update. We are glad to share that Hillstone Finance has received the ‘CCC’ rating from TokenInsight. Besides TokenInsight rating, we acquired plenty of Hillstone NFT ticket users for poker tournaments.
TokenInsight
The biggest news for this week is the ‘CCC’ rating we received from TokenInsight. According to the introduction given by the official homepage, “TokenInsight is a data-driven blockchain institution which is committed to providing market intelligence: ratings, industry research, and data. TokenInsight continuously helps investors find value in blockchain and navigate uncertainties in the digital assets market through comprehensive blockchain industry classification system and proprietary rating research mechanisms”.
The significance of this rating is that now Hillstone Finance is ready to onboard Korean major crypto exchanges. Korean crypto exchanges such as Upbit, Coinone, and Bithumb all require CCC rating or above before listing a project on their exchanges. Previously, holders of HSF was only limited to trade on global markets including Huobi Global, gate.io, and MEXC. Upon the successful listing of HSF on Korean major exchanges, Korean users would be able to purchase HSF directly using Korean Won, which will greatly improve the accessibility and the market transaction volume of HSF.
Side Note
In addition to TokenInsight, we would like to update on the status of our stable NFT for poker ecosystem. As mentioned in the last weekly reports, Hillstone has been collaborating with the biggest poker service provider in Korea — KMGM — to create a healthy poker ecosystem by utilizing NFT in the poker tournaments. We are seeing a high growth in the overall transaction volumes and the number of holders of NFT. Moreover, Hillstone is planning to hold a poker tournament that offers a prize of 2 million dollars.
That is all for this weekly update, thank you.
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