Platform have recently received great attention as a business item. Platform business refers to a business model built by connecting various suppliers and consumers.
Through platform business, companies record customer behavior as data, analyze it, create new values, process customer activities and emotions into exchangeable products, and help users choose through various algorithms.
However, if the monopoly power of platform companies becomes stronger, consumers’ options may be limited. This is because if the market share of a specific platform increases, the market share of other companies decreases, limiting consumers’ choices.
It is also pointed out that if a company’s platform monopoly occurs, economic damage can occur to consumers. Even if the initial platform does not seem to cause damage to consumers, there is a possibility that the commission will be raised.
The HUG platform started with blockchain projects for aggressive market expansion and new customer attraction and marketing. Since then, various platforms will be added to help spread the blockchain ecosystem for consumers.
■ Telegram : https://t.me/hugcoin_announce
■ Kakao talk : https://open.kakao.com/o/goXtkZNd
■ Official website : https://hug-k.com
■ Medium : https://medium.com/@hugcoin135
