Hyperion Monthly Update- June, 2020

Hyperion SG
Hyperion
Published in
3 min readJun 30, 2020

Project Updates

Hyperion economic model 2.0.

The Economic Model 2.0 embeds static and dynamic structure to encourage influential HYN holders to become node operators and scale-up decentralized map communities with the ecosystem’s scaling period overtime.

The new model integrates the internal and external burning mechanism alongside with the ecological development in various stages. As the planned life cycle of the Hyperion ecosystem suggests, the ecosystem will gradually transit from a token model-driven growth to a service-driven self-reinforcing growth when the burning completes.

With the vision of building up a decentralized map ecosystem, Hyperion aims to integrate global map data service on-chain, and apply it to future smart city industries such as AI, unmanned drive, and IoT etc. that heavily rely on a long-tail, accurate, and real-time location data. The economic model supports the vision with a technical, economic and social framework based on 3-tier architecture.

Titan BTC cross-chain wallet

The decentralized map app Titan newly added BTC to its existing feature-rich digital wallet, to securely manage cross-chain crypto assets including BTC, ETH, HYN while protecting user privacy in one app.

The updated BTC wallet supports bech32 address format that benefits users with lower transaction fee and multi-functional transactions. But this is not the end, next month, Hyperion will launch a brand-new version of Titan wallet, stay tuned…

Global Community Growth

Titan community growth

We are happy to see a growing number of HYN holders participated the cloud node staking contract since it launched. So far 94,756 users have joined Titan community and contribute to decentralized map service. As shown in the latest statistics, 20 Map3 cloud nodes have been successfully initiated with 405 delegators participated the staking contract. Congratulations to them!

Live Streams and Community Campaigns

Hyperion CEO Mr. Kai Law interacted with Hyperion community members with 2 live streams this month, covering the topic of <U.S stock’s surge and Bitcoin’s turmoil> and <The next 4 years of BTC and USD>, which attracted 1 million views across various platforms with 11,482 global subscribers.

In addition, we held a community AMA on telegram with Trust Wallet on “Hyperion Vision” this month. Marketing manager of Trust Wallet Alex Aves hosted the session and joined by Hyperion’s Chief Architect Dr. Isaac Zhang. 3,630 community members participated the event.

Trust wallet and Hyperion also co-hosted a quiz session on Hyperion’s latest progress on ecosystem last week, and we chose 9 winners out of the 560 participants to reward them with HYNs.

Follow us on Twitter to check for more upcoming events.

News Reports

Our latest events were reported by various traditional and blockchain media with over 3 million views across overseas platforms. 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