HelloGold Foundation Update #32–14th Oct 2020

HG Admin
hellogold
Published in
3 min readOct 14, 2020

Highlights

  • AUM growth continues from 65kg to 75 kg from August 2020 to end of September 2020
  • 9.9 Promo
  • Durian Runtuh SmartSaver

AUM and Marketing

The year 2020 has definitely been a tough one for everyone. From the pandemic and economy instability to widespread bushfires and sudden explosions, we’ve seen many people lose jobs and struggle to stay above poverty lines.

As we remember to be grateful for all that we have, we play our part to donate where we can to help others in need. Through a partnership with the Global Sadaqah platform, you can also now be part of the giving. Click here to learn more.

Since August up to the end of September our AUM has grown 15.7%.

Business

9.9 Promo

On the 9th of September, HelloGold launched the 9.9 one day promotion, offering one lucky winner the chance to win 1 gram of gold. All users who bought gold that particular day stood to enter the lucky draw, which increase sales throughout the day.

Durian Runtuh SmartSaver

Between 28th of September to the 11th of October, HelloGold launched the Durian Runtuh SmartSaver, offering not one or two but 31 lucky winners the chance to win in the RM1,000 lucky draw. With more chances to win, this promotion saw attracted many users over the 2 week period.

Technical

Web Application

The web application is almost ready for public use with some seasoned BETA HelloGold users kicking the tyres for us as part of our collaboration and testing framework. Keep an eye out for a significant partner integration announcement coming soon as the fruit of labor is harvested!!

GOLDX distribution

To all HGT Token holders. GOLDX reward distribution was last done on the 13th of August 2020 for a total of 11.017575381118413600 GOLDX. This transaction due to the current prevailing gas prices being so high cost us over $400USD in ETH to execute. It is with this in mind that we have decided to do the next distribution in December and at the end of every calendar quarter thereafter to lower the cost of distribution and also allow you to worry about moving your HGTs less often. Thank you for your continued support.

Given this change we will also publish distribution dates 3 times within the days leading up to each distribution date.

Please remember to keep HGT in your wallet and not on any exchanges to receive the GOLDX.

We will continue to provide updates every 2 months. Please do get in touch with us in between updates if you have any thoughts, suggestions or recommendations.

Telegram: https://t.me/HelloGoldOfficial

The HelloGold Foundation Team

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