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Hugo Finance: The Boss Encouraging Governance Rights and Financial Freedom

Published

4 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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Press Release

GIGATONS Integrates Blockchain, AI, and Finance to Combat Climate Change

Published

2 days ago

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December 9, 2024

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Abu Dhabi, UAE, Dec 09, 2024, The GIGATONS Group is thrilled to introduce GIGATECH, its groundbreaking technology division dedicated to leveraging web3 innovations to address sustainability challenges by accelerating the measurement and reduction of gigatons of carbon emissions as swiftly as possible.

GIGATECH harnesses the power of smart connected technology to drive automation, efficiency, and the speed and scale required to unlock lucrative and impactful opportunities in the clean energy transition.

As the world moves toward a sustainable future, GIGATECH is positioned at the forefront, leveraging an advanced technology stack to unlock opportunities across industries. By harnessing the programmability of tokenization, the immutability of blockchain, and the power of AI, GIGATECH is driving transformative value flows and empowering businesses to excel in the economies of tomorrow.

Through the GIGATONS Group companies, GIGATECH is working on supporting a multi-billion-dollar pipeline of opportunities that have the potential to deliver significant impact.  Globally headquartered in Abu Dhabi Global Markets ‘The Capital of Capital’ and launching alongside Abu Dhabi Finance Week and Bitcoin MENA the group are working with the UAE Ministry of Energy & Infrastructure (MOEI), the Abu Dhabi Investment Office (ADIO), Abu Dhabi’s Integrated Transport Centre (Abu Dhabi Mobility), and are announcing a host of major partnerships:

  • Corporate: ABB, Grimshaw
  • Investment: with Delphi, and investment partnership with Wise Capital Partners
  • International: Australian Partner Network with Flow Power
  • Blockchain: with Alephium, and Hearst Corporation
  • M&A: of All-Infra into GIGATONS

GIGATECH’s core value is delivered through the GIGA Protocol a suite of highly composable smart connected products that reimagines the way value and information are transferred.  At the heart of this value chain is a pervasive layer of transparency and trust realised across four pillars of smart connected: Capital, Assets, Carbon, & Data.  This transformative application suite forms a cohesive framework for addressing the most pressing challenges of our time and opens the doors to a multi-trillion-dollar market of transition era opportunities.

Unlocking Opportunity through Innovation

  • Tokenization: By digitizing assets and carbon credits, GIGATECH enables programmability across capital, real world assets, carbon impact, and AI native data. This provides a host benefits including: smart contract automation, disintermediation, fractional ownership, and democratized access to value creation, making it easier to fund and scale sustainable projects.
  • Real-World Assets (RWA): Integrating RWAs with blockchain technology allows GIGATECH to bring tangible value to the digital space, connecting physical assets with transparent and efficient markets.
  • Blockchain: At the heart of GIGATECH’s strategy, blockchain ensures secure, immutable, and decentralized solutions for data and value transfer, fostering trust and accountability. GIGATECH is building its technology stack natively on Alephium, a groundbreaking layer one blockchain that offers unparalleled performances in the areas of scalability, security, programmability and sustainability.
  • Artificial Intelligence (AI): GIGATECH uses AI to power predictive analytics, enhance resource allocation, optimise yields, and automates decision-making processes, aiming to drive unprecedented levels of efficiency.
  • Metaverse Digital Twins: By creating virtual replicas of physical systems, GIGATECH facilitates scenario modelling and real-time monitoring, enabling informed decision-making at a global scale in a visually intuitive environment.

The Future of Smart Connectivity

GIGATECH envisions a future where “smart” meets “connected” in transformative ways. By integrating AI (“smart”) with blockchain technology (“connected”), the company is removing many of the existing frictions in global systems. However, in pursuit of a smart connected future it is equally imperative to ensure these cutting-edge digital infrastructures are carbon net zero themselves.

One of many exciting projects and partnerships being announced this week seeks to tackle this, GIGATECH is partnering with HEARST Corporation and Alephium to deliver the world’s first end-to-end tokenised green blockchain mining and AI datacentre projects, with a Wise Capital partnership with GIGACAPITAL for tokenised funding solutions.  The POC project will be one of the first use cases for the GIGA Protocol and sews the seeds of ambition to substantially scale green blockchain mining and green data centre projects globally in 2025. 


“Unlocking the vast potential of the transition era requires us to go beyond mere ambition; it demands a paradigm shift,” said Heston Harper, CEO of GIGATECH. “We must break free from the old, linear approaches that confine tomorrow to yesterday’s thinking. The climate-aligned economy isn’t just a future possibility—it IS the future.  To build it, transparency and trust are non-negotiable. The GIGA Protocol is engineered to deliver these principles immutably, empowered by automated intelligence, to the areas that matter most. The global economy is undergoing a profound transformation, driven by policies and market forces that is sparking innovation across industries and supply chains. As stakeholders seize the opportunities of the transition era, the pace of change will only accelerate, at camp GIGATECH we are obsessively focussed at helping to unlock that collective action at an unprecedented scale,”

About GIGATECH

GIGATECH is the technology division of the GIGATONS Group, dedicated to advancing the transition era with innovative solutions. By leveraging tokenization, RWAs, high quality carbon credits, blockchain, AI, and digital twins, GIGATECH creates scalable systems to address global challenges with precision.

See more at www.gigatons.com

Read more about GIGATONS’ divisions on www.gigatons.com

Social:

X – https://x.com/GIGATONS_Group

LinkedIn – https://www.linkedin.com/company/gigatons/

TG: https://t.me/GIGATONS_official

PR Contact:
GIGATONS Group
pr@gigatons.com

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Press Release

Bitcoin Reaches New Heights: Businesses Gear Up for the Crypto Boom with NOWPayments

Published

5 days ago

on

December 6, 2024

By

For the first time in history, Bitcoin (BTC) has crossed the $100,000 mark, signaling a groundbreaking moment in the cryptocurrency world. This milestone solidifies Bitcoin’s position not only as a revolutionary financial asset but also as a practical payment solution for businesses worldwide. NOWPayments, a leading cryptocurrency payment gateway, is at the forefront of enabling businesses to capitalize on this historic moment by providing seamless crypto payment solutions.

As Bitcoin continues to gain global recognition, businesses are increasingly turning to cryptocurrencies as a means to modernize payment systems and attract tech-savvy customers. NOWPayments offers a simple and efficient way for merchants to accept Bitcoin and over 300 other cryptocurrencies as payment, providing tools like auto coin conversion, zero-fee options, and instant payment settlements.

“Bitcoin’s new all-time high demonstrates the growing trust and demand for decentralized currencies,” said Kate L, CEO at NOWPayments. “At NOWPayments, we empower businesses of all sizes to embrace this shift by simplifying the process of accepting Bitcoin and other cryptocurrencies. Whether you’re a small e-commerce store or a global enterprise, our platform ensures you’re ready for the future of payments.”

Why Businesses Are Embracing Crypto Payments Now

With Bitcoin’s meteoric rise, accepting cryptocurrency payments has become a strategic advantage for forward-thinking businesses. Customers using crypto value the security, speed, and lower transaction fees compared to traditional payment systems. NOWPayments takes this a step further by offering user-friendly solutions that integrate seamlessly with existing payment workflows, ensuring that businesses stay ahead of the curve.

Features That Make NOWPayments Stand Out:

Easy Integration: Different Payment solutions, including APIs, plugins for popular e-commerce platforms, and POS tools for brick-and-mortar businesses.

Low Fees: Transparent pricing and an option for 0.5% fees for businesses.

Global Reach: Accept payments from customers worldwide, regardless of location.

Automatic Conversion: Convert Bitcoin to fiat currency or other cryptocurrencies to minimize volatility risks.

A New Era for Crypto Payments

Bitcoin’s journey to $100,000 has cemented its role as a key player in the global financial system. NOWPayments invites businesses to join the crypto revolution, not just as participants but as pioneers. By adopting cryptocurrency payments today, businesses position themselves to thrive in an economy increasingly shaped by decentralized finance.

Our team at NOWPayments analyzed the data from the previous Bitcoin ATH and found it led to a notable surge in crypto payments adoptionincresing by 8% in crypto payments. With Bitcoin now surpassing the $100K milestone, we anticipate this new ATH will drive an even more significant increase in the use of cryptocurrency payments, solidifying their role in the future of commerce.

For more information about NOWPayments and how to start accepting Bitcoin, visit https://nowpayments.io.

About NOWPayments

NOWPayments is a non-custodial cryptocurrency payment gateway offering instant payouts, auto conversion, and support for over 160 cryptocurrencies. The platform is designed to empower businesses by providing simple, secure, and scalable solutions for accepting digital currencies.

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Press Release

SlowMist Joins Hong Kong Web3 Festival 2025 as Platinum and Side-Event Sponsor

Published

1 week ago

on

December 2, 2024

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As a team that has long focused on blockchain security and conducted in-depth research in blockchain security technologies, SlowMist will participate in the Hong Kong Web3 Festival 2025 as a Platinum & Side-event Sponsor. We look forward to sharing our deep insights and practical experiences in blockchain security with Web3 users, while also gaining the latest knowledge from various cutting-edge technology fields.

The Hong Kong Web3 Festival is one of the largest Web3 events globally, bringing together industry leaders, academic experts, and entrepreneurial elites from around the world to discuss the future development of blockchain technology and the Web3 industry. As a world-leading international financial center, Hong Kong has always been at the forefront of integrating technology and finance. We believe that in an environment of openness, inclusivity, and innovation, the Web3 industry will thrive and flourish, laying a solid foundation for the prosperity of the future digital economy.

Aligned with this vision, SlowMist, a blockchain security firm established in January 2018, aims to contribute to the secure development of the Web3 ecosystem. Founded by a team with over ten years of network security experience, SlowMist has grown to become a renowned global force in the blockchain security field. Our goal is to make the blockchain ecosystem as secure as possible for everyone. Over the years, we’ve had the privilege of working with well-known projects such as HashKey Pro, OSL, MEEX, BGE, BTCBOX, Bitget, BHEX.SG, OKX, Binance, HTX, Amber Group, Crypto.com, and more, reinforcing our commitment to enhancing blockchain security on a global scale.

We provide a wide range of services, including but not limited to security audits, threat intelligence, defense implementation, security consulting, and other security-related solutions. Additionally, we offer AML (anti-money laundering) software, MistEye (security monitoring), SlowMist Hacked (crypto hack archives), FireWall.x (smart contract firewall), Safe Staking, and other SaaS products. Since the establishment of SlowMist, we have been dedicated to continuously improving the theoretical framework for security protection throughout the Web3 project lifecycle. By providing tailored security solutions for individual projects, we are able to identify potential risks and prevent them from occurring. Our team has discovered and published several high-risk blockchain security vulnerabilities, helping to raise awareness and elevate security standards within the blockchain ecosystem.

Building on this foundation, SlowMist is excited to collaborate with our partners in shaping the future of the Web3 ecosystem and advancing Web3 security. We look forward to meeting you at the Hong Kong Web3 Festival 2025 as we embark on this exciting journey into the future of Web3 together!

SlowMist X: https://x.com/SlowMist_Team

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