How many days left till exchanges died ?

Hologo EX
Hologo EX
Nov 7 · 9 min read
How many days left till exchanges died ?
How many days left till exchanges died ?

Hologo is a digital asset trading platform mainly focused on providing quality projects with asset endorsements.

The SBT and ABT models will be adopted to introduce large and medium-sized enterprises such as finance, technology, and entities, and to achieve asset and securities assets. We adopt the blockchain technology to empower entities,while making good use of value chain meanwhile solving the limitations of traditional enterprise development and breaking the trust barriers of blockchain industry projects. Hologo always implements the fundamental concept of “serving only projects with value support”.

Hologo not only has strict requirements for the project, but also attaches great importance to the compliance of its own operations. The platform has formal licenses in overseas countries such as South Korea, Singapore, and Seychelles. Currently, it will set up overseas operations departments in the United States, the United Kingdom, Russia, Japan and other countries to build a global trading service platform.

Host1: Along with a rising market in the first half of 2019,we noticed that more and more teams are starting to engage in exchanges , there’s a saying in the industry that:Project owners are way ahead of exchanges in numbers ,well it might be a little exaggerating ,but my question is that what exactly is the reason to keep doing it under such a fierce competition?

CEO Pitt:That’s a good question ,but before i start i wanna talk about what is transaction ?

Transaction is the nature of human society

The affection between man and woman is sensibility exchanges .‘you love me’trades for‘i love you’, a exchange between two hearts .Of course there will be disagreements ,sometimes it doest work like that ,“why my crush didn’t even want to look at me ”? and yes this is universal . Generally speaking the reasons behind that is either you are not good enough or pretty enough or even not rich enough. Its not equivalent exchange. She or he is unwilling to trade their genuine feelings with you instead you will receive feedback like ignorance , dislike and hate .

Furthermore, sensibility exchange is the most expensive and yet the rarest . Take MR Sephirex For example ,he constantly dating different girls is the easiest transaction .What his girlfriends need is fame and money . however what MR Sephirex wants is internet famous with a amazing body figure. Thats why his company changed frequently.Its not because MR Sephirex really into internet famous instead the transaction between them require the lowest cost which suits the Economics perfect .

At the primary stage of human civilization ,under the circumstance without currency .The very first transaction happened between people is barter. Sociologist love this point.however economists recently overthrow this view .Anyone who is interested can look up on the internet .well this also illustrates that the exchange of barter ,commodity,and property is the

Rigid demand after the existence of human being. we mention that transaction is the rigid demand but what about exchanges ? The definition of exchanges is a platform which provides transaction .for instance TAOBAO mainly provides commodity trading .And `Meituan primarily focus on services exchange ,what it receives are knowledge services exchanges ,the most popular books transaction exchange is DANGDANG .

Lots of insiders hold a opinion that exchange digital currency is what exchanges do according to their inertial thinking .but if you think deeply that starting from that our thoughts will be wider.what we provide is a platform that for commodity exchange but now mainly focused on digital property exchange .

We Will gradually derive various commodity exchange and financial services.

I have to point out that our exchange serves projects that endorse assets.we have lots of overseas resources,Includes funds and trust partners in the US and UK. Mainly for ABT SBT(asset based token,security based token).its actually quite similar with STO but STO is forbidden in china.

This will surely be released slowly. Many of the benefits of this financial instrument are obvious.

Host 2:As the government began to support the development of blockchain , other district governments also take the initiative to support it , i doubt will it improve the process of exchanges licensed operation ?

CEO Pitt: Good question, this is actually a concern of many exchanges at present.

Let me first talk about some concepts and backgrounds of laws and regulations.

First of all the lag and conservatism of laws and regulations.Laws are always one step lower than times.it accepts changes but not frequent changes .it pursues long-term stability, not to meet the trend of the times. The laws aim at stability which is the base of it. If you know history well enough you will find out that during the late and final stage of the dynasty the country tax burden changed easily. The various taxation policies are constantly changing, and the taxation of farmers is increasing. The instability disturbed people’s hearts and eventually the peasant uprising broke out. Therefore, there is an old saying that “it is better to be a prosperous dog, not a chaotic person.” which indicate this situation perfectly. Working hard today you might lose all tomorrow ,therefore who is willing to work ?how to even make along term goal ? it works everywhere .

Second of all The law considers the long term, and the consequences are more important than the results. There’s a famous little story in the economics book is the “horse dung competition” that occurred in the United States in 1869. it still has reference meaning. You can look it up if you are interested . So why is consequences matters so much? Because laws and regulations will have huge influences on the future, they are concerned about the future benefits and effects, and also they will directly guide the industry and society.

For example, in the new energy automotive industry, the Ministry of Finance and the Ministry of Science and Technology jointly released a new energy vehicle promotion program in SEP 2013. Subsequently, local governments also introduced subsidy policies, Which means if you bought a new energy car you could enjoy at least double subsidy. This was supposed to be a encouragement for this filed but overnight More than 300 Internet car teams were established. Because there is no production line, they were not comparing the product, but the PPT. The meaning of their existence is to swindle. You may not have heard of a small company called “Knowledge Bean”. within just two years, it got a subsidy of 6 billion.

Of course, there is Jia Yueting, who closed the door to the new energy vehicle just with a ppt.

if you still remember 94, you should be very impressed. The joint statement of the seven ministries and commissions made The wilderness filled with suffers overnight. A large number of enterprises and individuals chose to put the main project abroad, and the entire blockchain industry suffered a devastating blow. The whole filed do not deserve this , it created a major impediment to development in china. No doubt , supervision is a must, although “one size fits all” cut it clean and neat but the consequences were miserable . after all this talk everyone should have their own thoughts. Supervision, compliance, and lawfulness are a must, meanwhile its a long road.

Host3:whats the stratagem of adding the token on lists ?

CEO Pitt: Our exchange aims at providing services for projects with asset endorsements.but honestly speaking its really hard to find such project.we are Cooperating with foreign projects like Atlas. They are real estate .they have lots of investment properties in London and New York. also This is a good investment target. You can contact to me for details if you are interested .

Host4: whats important for a brand new exchanges , a whole new team, a new project ?

CEO Pitt:Team team team !! can never emphasize enough !! A team is the core for a project. The recognition of the project and the company culture from team members determine the success or failure .

Tons of high level projects they own techniques ,resources ,and investors but failed eventually . the real reason behind that is that they lack of team identification . during peace time everyone cooperate well enough but once you meet the accidents or the influences from outside everyone choose to stand from their side and protect their own benefits . This time is the exact time to challenge the team cohesion. Personally speaking I’m not a big fan of “gathering project” well there’s much to say here but i will not go into details here .

Host5 :i heard that there is a chain of contempt,people who works in blockchain look down on the those who do currency trading ,what do you think ?

CEO Pitt:Hmm this a tough question . people who work in chain ring do think highly of themself . mainly because they have a low cognition,cant think properly .i’d like to conclude with one sentence:“Chain Ring goes to the hell without those who work in the exchanges ”. Nakamoto made bitcoin, and its main purpose is to solve financial problems. And other chain is just the derivatives of it . The blockchain field is mainly to solve the problem of corporate financing, but the current non-standardization has created such a status , but we cannot completely negate its financial service capabilities. Anyone who has economic background knows that behind every new technology generation, application, popularization financial consortia is the one who promote it .

Whether it is Watt’s steam engine, internal combustion engine, electrical age, Internet age, they all need a large amounts of money to operate in the early stage. So as blockchain technique . but the differences is the costs of financing is getting lower and there are more and more ways of financing.

Finance is a catalyst for all technology. Of course, many products are also dying to take too much catalyst.

Host6: Last but not least lets talk about some professional question, What direction do you think is the most likely to land in the blockchain industry? How do you look at the future of digital currencies? Mainly to talk about the big trends of the future, especially now that xijinping thinks blockchain is rising .

CEO Pitt:Its hard to answer this question because when it comes to the concept of blockchain, it is not a simple technology or product, just like Teacher Zhu Jiaming said: “Blockchain” is a cluster concept, naturally including large Data, cloud computing and artificial intelligence. Blockchain technology combines distributed storage, peer-to-peer communication, cryptography and consensus mechanisms, spanning many disciplines such as computer science, cryptography and sociology.

Although the blockchain principle and technology have a long history, they are still in a fairly early stage. The potential and tension of the blockchain is still huge. It changes not only the financial ecology, but also the all-round social system. It provides unprecedented technology for people to think and discuss for many years, and the “big transformation” that the contemporary world is experiencing.

Speaking of the problem, there are now two landing directions, chain and coin ring. Chains are the path of reform and moderate change. They essentially use the blockchain as a credible database or a distributed trusted account book, and take action to provide credible digital evidence for financial institutions and judicial institutions.

Based on that all enterprises work together to accumulate a digital evidence chain on a trusted infrastructure such as blockchain and a trusted distributed ledger. The other direction is the currency circle, which is changing the currency issuance mechanism directly, redistributing the coinage rights, and changing the original financial service facilities and financing methods.

At present, it seems that a better combination is the game class and DIFI. Both of them use the chain technology, and they also use the currency finance. However, they have not found a good place to land. I believe that in time, more users will be served.

The impact of blockchain on human beings is profound. It is far from a technology. A product can be compared. Let us just wait and see, thank you all.

Our official website : https://www.hologo.io/

Tiwtter: https://twitter.com/HoloGo888

Facebook:https://www.facebook.com/Hologo.io

Telegram: https://t.me/Hologo_888

Hologo EX
Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade