Introduction
According to Bitcoin.com, the number of active wallet users on their platform by the end of March 2021 were about 73 million users. Using this as a Yardstick to estimate the total amount of individuals involved in cryptocurrency on a global level, it is just a handful. For so many individuals, cryptocurrency is synonymous to fraud and to worsen the situation, almost everyone directly or indirectly knows a victim who has been vandalized in the cryptocurrency or digital space. This perception has hindered a lot of people from coming into the industry. The industry is still unregulated even though regulation is gradually coming. A company that has stood up to support in curbing the menace of infidelity in the cryptocurrency space is Hodlers Network.
A Review of Hodlers Network
Hodlers Network is a company located in Paris, France and its primary objective is to accredit its platform users for the purpose of preventing any deceit towards its token holders. Hodlers Network is the first cryptocurrency network to proffer a practical solution to cryptocurrency related frauds. A fidelity community called Trust Review is going to audit Hodlers Network. It is important to note that Trust Review has been created by Holders Network thus making Hodlers Network the first network to be reviewed. Currently, the Binance Smart Chain network (BSC) is becoming the preferred network over its famous counterpart, The Ethereum Smart Chain chiefly due to its relatively cheaper transaction fees. Hodlers Network will be launching on Binance Smart Chain and the core team will completely comply with BEP-20 standards. A BEP-20 standard authorizes a token to be complaint with third party services such as Wallet and Exchange Listings. The HDLN token will chiefly be used for trading and payment purposes on the Hodlers Network; although it can still be used for speculative purposes in the broader cryptocurrency market.
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Trust Review
The entire global cryptocurrency community and token holders require a safe haven where they can run to ascertain the credibility of any cryptocurrency digital asset they are holding or want to purchase. That is why the core team at Hodlers Network has created the Trust Review website for the sole purpose of providing cryptocurrency holders with the opportunity to review old and new coins. This will greatly help in bringing sanity into the industry since New and existing cryptocurrency organizations will be able to gain trust and eminence concerning any digital asset they want to invest in. The Trust Review website will serve as an invisible litmus test detector, serving as a filter to weed out scam and fraudulent projects. This will be a preliminary audit before general audit is performed; which chiefly focuses on business structure and coding.
Sharing Your Personal Experience in Trust Review
The Trust review website will present a platform where the voices of various users and token holders can be heard. Here, a user of the entire crypto community will be able to share their experience in the cryptocurrency market, their successes and difficulties. Again, the cryptocurrency or users will be able to provide a credible feedback for any segment of the crypto industry. Such as support structure, maximum and circulating coin supply, listing dates and planned exchanges of a particular digital asset, business model websites will have community moderators who are experienced in the field of human relations and adjudging the user’s experiences and feedbacks to facilitate the overall quality of crypto businesses.
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Hodlers Network Social Network
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. Here you can also tag and follow experienced crypto traders for insightful information that can be beneficial on your trading journey. Organizations will be able to create their own coin pages and release crucial announcements, Advertisements and crypto news for specific demographics.
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Holders Network on Discord
'Discord' is the name of a popular Voice Over Internet Protocol (VOIP) App. It is a community app that has millions of users that categorize themselves in different subject matter. Holdlers Network will be partnering with them to create a New Server. The synergy between this two organizations will enhance the security of the whole cryptocurrency project.
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Hodlers Network NON Fungible (NFT) Token Marketplaces
NFTs are becoming the new frontiers in cryptocurrency. NFTs gives 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 label, 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.
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Uses of Hodlers Token
HDLN Token can only be utilized in the Hodlers Network’s platform for now for trading and Payment purposes. In the near future 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