Blockchain technology is used in various industries, disciplines, and branches in the whole world. Which is a chain of blocks containing information, follows a special method for sending information, and provides high security. The features of this interesting technology are rapidly growing its popularity among the people. This technology increases the accuracy of processes, increases productivity, increases speed and security, reduces costs, and increases transparency in operations. Hodlers Networks has emerged with a unique social network platform that aims at benefiting crypto holders by providing them all resources. The idea of creating a Social Network stemmed from the impact social media has on cryptocurrencies. For instance, one tweet from Elon Musk recently made Dogecoin famous. Similarly, social media boasted the fame of Bitcoin in 2010. This is exactly why having a dedicated network will provide ease to frequent crypto users. It will give them all necessary and verified news just some clicks away.
✨✨INTRODUCING HODLERS NETWORK✨✨
Hodlers Network is an extra layer of protection for the investing communities, and a social network to help expose both new and old businesses, keeping users away from scam projects. The network will work with innovative technologies and approaches to establish trust and give the community the reviewing power to vet projects.
The use case of Hodlers Network is enormous; few would be mentioned below;
Hodlers Network will be launching its own social media network. Social Networks have been the main cornerstone of any successful cryptocurrency project. The mother of all cryptocurrencies gained its widespread and universal adoption as a result of its popularity on social media networks. Facebook, Twitter, and importantly Reddit all played pivotal roles. Hodlers Network social platform will create the platform that enables users to get in touch with the most experienced crypto traders, Influencers, Groups, and organizations.
HDLN Token can only be utilized in the Hodlers Network’s platform for now for trading and Payment purposes. Shortly, it will be employable for speculative purposes in the cryptocurrency market. But specifically, HDLN tokens can be used for;
˃ Payment of Partner Programs
˃ Payment of copyright owners of digital contents
✨✨WHY DO WE NEED HODLERS NETWORK??✨✨
New businesses that are ready to launch their token can submit their documentation, information regarding team members, and social media profiles to go through data verification. This will create a sense of credibility in the community.
Hodlers Network has created a trusted review Project for regular crypto holders. Creating the trust review website is to provide the crypto holders with a review of the new and old coins. It will also foster a sense of trust and credibility to the prospective new and former crypto businesses.
Hodlers Network will also provide an NFT Marketplace. NFTs (non-fungible tokens) are getting a lot of hype these days and their market is valued at $ 250 in 2021 (Insider, 2021). As digital files are easily playable, the NFTs
attached to each file is unique and can be traced on the underlying blockchain for the Hodlers Network to have proof of ownership. Blockchains like BSC and Flow have their particular NFT token standards that suggest and control the respective use of those NTFs.
✨✨WHAT IS HODLERS NETWORK AND ITS USE CASE??✨✨
Hodlers Network is an extra layer of protection for the investing communities, and a social network to help expose both new and old businesses, keeping users away from scam projects. The network will work with innovative technologies and approaches to establish trust, and give the community the reviewing power to vet projects.
Key Features of Hodlers Network:
Wallet Based ID Network: This feature helps keep track of projects through verification and, in turn, verifies other users and projects. Hodlers Network will be the first blockchain-based social network that uses a verified wallet ID network to establish connections between participating entities. The aim is to identify good and bad actors via the wallet ID verification process. This will allow the community to track scam entities, keeping the community safe from rug pulls, and improve the trust rating of Defi.
Social Network: Hodlers Network will provide a social network wherein projects, project owners, individuals, and businesses can collaborate. The goal is to get more exposure for their enterprises in a safe and intuitive environment. Users will have the opportunity to join coin groups, follow their favorite influencers, and contribute their opinion to any new and old project.
The network will be structured in such a way that businesses that refuse to be open and transparent will find it difficult to excel. For example, it is typical for DeFi users to rely on the trust ratings of others when making an investment decision. The verification process follows a social network pattern. As a verified user, you can also verify others. This act of public KYC will help protect the community from scammy activities, including hacking and rugpull events.
Hodlers is integrating a mining system so members can be rewarded for performing certain actions such as sharing, liking, reading, comment, etc. Each social action within the social network will be rewarded with a certain amount of HDLN.
- Project Reviews: It is common knowledge for users to rely on the review of others to help make a better judgment. Hodlers network will be that platform where users will be enabled to fulfill that role and help make DeFi a trustworthy environment to do business. Typical audit companies in the blockchain only audit codes, in Hodlers Network, the roles are expanded to community review and public opinions about the project, business, website, etc.
Having a public project review will reduce the cost for verification of business and act as a better means of a much cheaper advertisement for companies. It is further outlined in the following video:
https://twitter.com/HodlersN/status/1388127952882343939
Reward-Based: When users help verify other users, they get paid. The platform offers a real-time database for companies and individuals wherein all users’ profiles will contain important information like wallet ID, name, email, social media. HDLN, the platform native token, will have intrinsic value for itself that will develop over time.
Audit: An audit of the platform's smart contracts by Dessert Finance has been successfully conducted, showing no critical issues. A Certik audit is ongoing for the project as it gets set for its Initial Dex Offering (IDO) coming soon.
✨✨HOW TO GET HODLERS NETWORK COIN??✨✨
HDLN Token is currently listed and traded in four exchanges namely, Dodo dex, Pancakeswap, Valuedefi, and DexGuru. Surprisingly, despite the current market crash, the HDLN token has held well and has maintained a stable trading price. This shows how phenomenon the project is. To buy HDLN tokens straight away, hit any of the links below.✨✨
HODLERS NETWORK COIN Tokenomics...✨✨
Token Name: Hodlers Network
Token Supply: $HDLN
Maximum Token Supply: 100 million
Lock up Quantity: 33 million tokens
Private Investor allocation: 30 million
Quality Control allocation: 5 million
✨✨Hodlers Network Social Network and NFT ✨✨
Hodlers Network will be launching their own social media network. Social Networks have been the main cornerstone of any successful cryptocurrency project. The mother of all cryptocurrencies gained its widespread and universal adoption as a result of its popularity on social media networks. Facebook, Twitter and importantly Reddit all played pivotal roles. Hodlers Network social platform will create the platform that enables users to get in touch with the most experienced crypto traders, Influencers, Groups and organizations.
NFTs are becoming the new frontiers in cryptocurrency. NFTs give inexperienced and non-tech-savvy individuals the opportunity to own their own tokens. Professions such as Athletes, Business Men, and Women, Celebrities, Clergies, and Artists to list a few can all own their own tokens in the form of business cards, games, record labels, pictures or landed properties. To accredit and tag an author or owner of an NFT; the file will be traceable in the Hodlers Network’s blockchain which complies with BSC’s standards.
✨✨CONCLUSION✨✨
Community opinion is a more trusted review process anywhere in the world. The audit platforms already established in the blockchain only review codes and not the project fundamentals and people’s opinions. Hodlers Network will give a much better and defined review process to the DeFi community.
✨✨ IMPORTANT INFORMATION AND LINKS✨✨
Website: https://www.hodlers.network
Telegram: https://t.me/hodlersnetwork
Twitter: https://twitter.com/HodlersN
Medium: https://hodlersnetwork.medium.com
Author✨✨
BTT Username: Simple890
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=2985158
Good article bro... 👍
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Thanks for writing
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Simply better then others ❤️
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Good article
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The team is very efficient and reliable to the community.
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This project has a bright future.
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