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Hugo Finance: The Boss Encouraging Governance Rights and Financial Freedom

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5 years ago

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Hugo Finance is an upcoming DAO, bringing its DeFi token, HUGO, on the Binance Smart Chain. Hugo dedicates its resources to allow users to make decisions on essential changes on the platform. On the other hand, HUGO will be the native token once the DeFi project launches its DAO. Hugo launched its initial seed round on 13 March, with its soft cap set at 500 BNB, managing to hit the 280 BNB mark by 30 March. The inherent plans to launch its token on Unicrypt will help the project reach a larger audience than before following a listing issue on PancakeSwap. Hugo Finance encountered a problem after realizing that HUGO was listed on the swap without any liquidity. This element makes it hard for Hugo enthusiasts to participate in the pre-sale. As it stands, it created a new smart contract to deal with the obstacle while preparing for another listing on PancakeSwap.

Hugo, The Boss Supporting other Bosses

Hugo describes itself as a cute yet tough project, hoping to reshape the dynamics of DeFi governance systems. By recognizing the shortcomings of centralized platforms, the project chose the decentralized counterpart to maximize its potential to create the best platform for its users. In its opinion, the power over funds should be to users and not intermediaries within the financial industry. Hugo wishes to create a better environment for financial access and empowerment to users through decentralized governance. The Binance Smart Chain stands as a gateway to progress as it continues to garner more popularity within the crypto space. Combined with its scalability and low costs, Hugo and its investors stand to reap the most favorable results for all.

The Deflationary Token

Hugo Finance and its token are doing well despite the recent token listing setback they faced. The project is close to its second PancakeSwap listing, initially set to go down on 10 April. It has also decided on reshaping its distribution criterium to airdrop its new token to all holders as registered after 31 March. The ratio will be 1:1 after the automatic launch and liquidity lock on PancakeSwap. Although some might not stand for the current undertakings, Hugo wants to applaud its token holders as of 30 March for their undeterred patience with a 5% increase in their holdings. The community has voted on an extended period for the pre-sale to enable the project to achieve its soft cap. Every user can invest a minimum of 0.25 BNB and a maximum of 25 BNB. The project took ample time on every decision to concoct HUGO as a deflationary token; meaning, there will be a lower circulation of the token after every transaction. While it may be a little complex to understand the whole process, here is a breakdown of what will happen. During every transaction, the HUGO receiver will acquire only 98% of the tokens sent. The remaining 2% ranks as transactional fees on the network to stand as rewards shared proportionally among all token holders. However, 50% of the transactional costs will go to the burn address, the biggest HUGO holder holding 50% of all HUGO in circulation. The remaining 50% is what will be distributed to the holders as rewards. Since 25% of the HUGO in circulation was dedicated to the pre-sale, 10% will be used for liquidity, 10% for marketing, rewards, and development, while 5% will go towards charity.

Building a Trustworthy Ecosystem

Hugo Finance takes to heart the necessity of holding users’ trust and the safety of holders’ funds. On that account, it rounded up on the logistics surrounding its KYC verification process. The verification process fell into the hands of the auditing firm, Pass or Fail, completed on April 4. Hugo now stands as a KYC verified project with the auditing firm placing the project at a 4.5/5 pass rank. This move establishes that all the team’s information will be minted on an NFT card and available to authorities in case of discrepancies. In short, Hugo is trying to assure users that their funds are secure. Other developments are on their way as Hugo is an actively growing environment. It hopes to attain more listings, develop its DAO, build an NFT platform, and conduct a smart contract audit before the end of this quarter. Last, yet notably, Hugo is seeing unprecedented growth in its community who finds ways to expand the network fruitfully. Join its social platforms of Telegram, Twitter, and Discord to be up-to-date with each and every plan closing in.
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ChainUp Joins Hong Kong Web3 Festival 2026 as a Secondary Exhibition Sponsor

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3 days ago

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January 23, 2026

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We’re thrilled to announce that ChainUp is now a Secondary Exhibition Sponsor for Hong Kong Web3 Festival 2026 taking place from April 20 to 23, 2026 at Hong Kong Convention and Exhibition Centre.

ChainUp, a leading global provider of digital asset solutions, empowers businesses to navigate the complexities of this evolving ecosystem. Founded in 2017 and headquartered in Singapore, ChainUp serves a diverse clientele, from Web3 companies to established financial institutions.

ChainUp’s comprehensive suite of solutions includes crypto exchange solutions, liquidity as-a-service, custody services, MPC wallet-as-a-service, KYT crypto tracing analytics tool, asset tokenization, crypto asset management, and Web3 infrastructure such as mining, staking, and blockchain APIs. For more information, visit: https://www.chainup.com/

The Hong Kong Web3 Festival (“the Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto gathering that has been annually held since April 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies.

The previous three editions of the Festival brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events.

As Asia’s premier crypto event, the Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities. Get all the details here: https://www.web3festival.org/hongkong2026/#/en

Be our partner: https://tally.so/r/w5YEbP

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Press Release

Hong Kong Web3 Festival 2026 is Proud to Welcome Hotcoin as a Primary Exhibition Sponsor

Published

3 days ago

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January 23, 2026

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Hong Kong, 23rd January 2026, ZEX PR WIRE, Join us in giving a grateful welcome to Hotcoin, who will be joining us for Hong Kong Web3 Festival 2026 as a Primary Exhibition Sponsor!

Hotcoin is your go-to global crypto exchange where trading feels easy, secure, and exciting.

The Hong Kong Web3 Festival (“the Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto gathering that has been annually held since April 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies. Hong Kong Web3 Festival 2026, the fourth edition of this epic crypto summit, will take place from 20 to 23 April at HKCEC.

The previous three editions of the Festival brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events.

As Asia’s premier crypto event, the Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities. Get all the details here: https://www.web3festival.org/hongkong2026/#/en

Be our partner: https://tally.so/r/w5YEbP

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Qtum Joins Hong Kong Web3 Festival 2026 as a Platinum Sponsor

Published

3 days ago

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January 23, 2026

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Hong Kong, 23rd January 2026, ZEX PR WIRE, We’re excited to announce that Qtum is now a Platinum Sponsor for Hong Kong Web3 Festival 2026 taking place from April 20 to 23, 2026 at Hong Kong Convention and Exhibition Centre.

Qtum is a decentralized, open-source public blockchain that merges Bitcoin’s security with Ethereum’s smart contract capabilities.

The Hong Kong Web3 Festival (“the Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto gathering that has been annually held since April 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies.

The previous three editions of the Festival brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events.

As Asia’s premier crypto event, the Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities. Get all the details here: https://www.web3festival.org/hongkong2026/#/en

Be our partner: https://tally.so/r/w5YEbP

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