Top 5 Reasons why Venture Capitalists Join Huobi HADAX Super Voting Nodes

in #cryptocurrency6 years ago

Blockchain technology and venture capital share a particularly interesting antithesis. Whereas blockchain has disrupted the working model of venture capital, new opportunities have emerged for the said investment funds through investments in the new technology. One example of this interesting dichotomy is HADAX exchange. HADAX, Huobi Pro’s sub-brand is a one of a kind autonomous cryptocurrency exchange. What makes HADAX unique is the community involvement in token listing through a public vote. Every verified user of Huobi Pro/HADAX can vote for their favorite project using Huobi Tokens. The token listing selection process is two tier combining the input of HADAX Super Voting Nodes, venture capitalists with specific interest to blockchain opportunities, which pre-select projects that goes to the public ballot, and the public vote thereafter. The complete HADAX voting process can be found in my earlier article here. HADAX Super Nodes play a very important role by vetting projects using their technical expertise and experience and in most cases investing or offering them useful partnerships and linkages, sort of ‘Skin in the Game’. Note that, the first batch of Super Nodes was by invitation, in the future a nomination system will apply. In this article I will focus on the role of and benefits of being a Super Voting Node.
You can open an account at HADAX using this link

Contribute to blockchain era
There is meaningful achievement that comes with being a torchbearer in a new field. Roughly ten years old, we are at a watershed moment for blockchain technology. After upgrading inherent technical limitations, the race is on for production ready use-cases for mainstream adoption. Does not hurt to have the bragging rights of approving and supporting the world’s next revolutionary technology.

Priority
Projects recommended by Super Nodes are considered more urgentrly for review. This makes it necessary for projects to reach out to Super Nodes to increase their chances of positive recommendation.

Direct listing on Huobi
Projects that garner 100% of Super Nodes votes directly enter the Huobi Pro listing audit.

Participation in Huobi exclusive events
Super Nodes can participate in worldwide events and conferences held by Huobi Pro from time to time. For instance, the recent Blockchain Festival Vietnam offered very useful brand exposure for participating Super Nodes.

Participation in workspace special topics
Super Nodes can participate in workspace unique topics organized by Huobi Capital & Research Institute by offering reviews, tips and insights.
Super Nodes can also attend Huobi Talk from time to time.

There are a number of Super Nodes Bitmain, Bits Angel, Bixin Investment, BlockVC, Genesis Capital, Blockchain Ventures among others.

Genesis Capital

Investment banking and consulting institute found by Sun and Sparten. One of the first venture capitalists to indulge in the blockchain space especially among Asian projects.
Dedicated to blockchain industry initiatives approving projects such as Seele, DATA and HOT.

BlockVC

Leading blockchain and advisory firm. Portfolio covers public blockchains, application protocols, and financial services in the blockchain ecosystem. In addition, BlockVC offers assetory of advanced investment strategies including passive allocation and statistic arbitrage.
Projects: Bottos, Policypal, Liquid by Quoine, Quarkchain, U Network, Iotex, Skrumble and GVE

Important source: https://www.hadax.com/vote/node_list/

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Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
BTOBottos0.162$-2.78%-21.38%
DATAStreamr DATAcoin0.118$9.32%40.08%
DTADATA0.012$1.59%-13.69%
HOTHydro Protocol0.056$1.19%-8.72%
UUUU Network0.004$-3.63%2.69%

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