Hyperion Monthly Update — January, 2021

Hyperion SG
Hyperion
Published in
4 min readJan 29, 2021

Launching the Locational Based RedPocket (RPs)

Titan wallet will have another product upgrading on the Red Pocket (RPs), launching a new type of decentralized, map-centric RP with unique features: Including the locational based RP (L.B.RP), in which the ideas draw on geospatial data and opens to all; as well as the exclusive newcomer RP, only to newly joint participants.

L.B. RPs must include HYN or RP. Titan users customize the airdrop radius (e.g., <100km), followed by a random gives-out. Titan users sit within the geographic range are eligible for the L.B RPs retrieval.

The newcomer RPs are exclusive to new participants, neither be invited nor friends of the RP network member. HYN and RP are two value must be simultaneously included in one newcomer RP. Titan current user could share and repost such RP to any social media platform, whoever opened and redeem the value, would be systematically matched with the RP initiator., forming a referrer -referral bond.

Hyperion holds strong believes the future LBS places a heavy focus on geospatial supported blockchain services. Given the Atlas Mainnet consensus and Map 3 cartographic data, any geospatial relevant services may eventually produce a decentralized new look via the token economic model. The futuristic and advanced business model expects cost reduction, higher service efficiency and prudent user security.

Hyperion Atlas Mainnet now ready for the second scaling

The 90th epoch on Map3 node ends on the 25th of January, Hyperion Atlas Mainnet automatically introduces to the second scaling period. Once the scaling process begins, the minimal Map 3 node staking lower from 550k of HYN to 308k of HYN. Likewise, the entrance bar for a single delegator, was down from 550 HYN to 308 HYN. The overall length of the scaling period remains as four years. Wait until the number of nodes arrives a relatively stable condition, scaling period ends and the ecosystem will enroll the next phase, a self-driven, matured period. To know more about Mainnet Scaling, please click here

The 4th round burning is completed

On 26 the of January, the 4th burning is well-accomplished, with a single burning of approx. 426,914,804 units. By far, the four rounds of burning is over 1.78 billion HYNs in total and succeed in initiating 238 Map3 nodes. The remaining aggregate supply of HYNs are around 82.119 hundred million. Users can go check the real-time burning information on Titan application, including the burning epoch, block high, burning capacity and the timely HYN total supplies. By adjusting the supply-demand of token amount,the continual HYN burning would stabilize and appreciate the HRC 30 ecosystem’s token value.

The internal burning and burning speed are unanimously determined by the amount of Map3 nodes, the quantity of single node staking, and the current scaling period. Once the Map3 node succeed in initiation, the staking tokens place direct impact on total on-chain HYN burnings. Once begins a new scaling period, the change of the single node staking will synchronously alter the total staking amount among the network

Global Community Growth

- Titan Community Growth

By the end of January, 239,326 members have joined Hyperion community.

- Community live-stream and events

On the 7th of January, Hyperion live-streamed ‘Hyperion: look back 2020 and look forward to 2021’. Kai Law, the Hyperion CEO, accentuate and tease out the 2020 product accomplishment, future outlook, and collaboration during the live stream. The viewing hits record high on 970k times, and the playback is available on YiZhiBo and Youtube. Oversea Community could access the playback by subscribing to HyperionSG or our Youtube Channel.

Hyperion published its home-production on the oversea market, the RP Unveiling series. Adopting the playful storytelling approach and featured characters, the easy-to-follow animated explainer video can better outline RP relevant rules and mechanism. Hyperion put faith in this rather down-to-earth explanatory approach better draw the oversea community interest, recognize RP and active participation, and eventually boost the brand and supercharge the conversion.

Among the January events, revealed by media platforms like Twitter, Telegram, a growing number of followers subscribed, repost and retweet the Hyperion post. We are also happy to see several oversea media showed great interest and repost articles regarding the future path of the decentralized cartographic industry and Hyperion’s current progress. In total, 19,620 community members participated in Hyperion.

News Reports [Domestic + Oversea]

Our latest events were reported by various traditional and blockchain media, with over 2.56 million views across the domestic and oversea platform. We are happy to have two additional media platforms with us this month: Cailu, 52Midu. This month’s media platforms include finacerun, qufen, and Token Club TechChina, South Enterprise News, NetEase, Sohu, Toutiao, Baidu, ifeng, Jinse, Huoxing24, QBI Community, and AICoin, etc.

Envision the decentralized future

Hyperion Team dedicates to build up One Map solution for the World through decentralized technologies, and to provide trusted and secure one-stop blockchain services based on spatial consensus protocol with its core value: aggressively open and decentralized. Everyone will be empowered to build map technology, share economic return and govern the map communities when the decentralized world is built. Hyperion has launched the following decentralized map products so far: Map3–2B decentralized map service network, Titan — 2C privacy Map, PoH — the hybrid consensus mechanism, HYN economic model and Atlas — spatial consensus blockchain, for both 2B & 2C. We need your support to go further.

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Hyperion SG
Hyperion

Hyperion launches a blockchain-based open mapping architecture to decentralize mapping. Find out more ,please check our website www.hyn.space