Crypto Hub | Monthly Report#4
In this report we will be providing a snapshot of our recent developments, achievements and profits generated as well as updated roadmaps and future plans for Crypto Hub.
Development Updates
We’ve successfully completed the Stage 2 of our development, which was one of the most time consuming and complex so far. Over the last two months we achieved the following milestones:
- Our Token Generator is fully tested, ensuring seamless functionality;
- Our Token Sales mechanism is undergoing rigorous testing;
- The Token Airdrop feature is optimized for efficiency;
- We’re refining the Token Locks & Vesting feature;
- And our Multisender has been working perfectly.
Additionally, our Platform got upgraded to a fresh new look so we can display all our achievements and solutions we can offer. These achievements represent significant progress in our development, since now we have matched most of the features our competitors have.
What’s Next in terms of Development?
We are heading to stage 3 which will take place during the first quarter of 2024. This stage 3 will be the most significant as it will put us ahead of the competition.
Referral Dashboard — Which will allow our users to make referrals and earn up to 40% commissions.
Embedded Widgets — That can be added to secondary websites transforming them into a dapp without the need of using our platform.
Token Swap — Where users can swap their tokens easily at the best possible price thanks to our aggregator.
Token Staking — That allows project owners to create their own token staking pools to offer their community.
During the development of Stage 3, we are going to keep perfecting and fixing any errors and bugs we find in the previous solutions as well as integrate and onboard new partners to strengthen our Ecosystem.
$HUB Airdrop Redistribution
We conducted an Airdrop Redistribution in response to community feedback. This redistribution involves eliminating bots from the Galxe and Zealy platforms and focusing on rewarding top contributors.
The goal was to boost the HUB Tokens allocated per wallet, making it worthwhile for covering ETH gas fees. By implementing this approach, we aim to exclusively recognize and reward our genuine supporters and community members who actively participated in our airdrop over the past few months.
$HUB Token Analysis
Our ecosystem’s native token, the HUB Token, has successfully secured a listing on Coin Gecko, and we anticipate its addition to CoinMarketCap as our trading volume grows in 2024.
At present, our Liquidity Pool stands at 14,000, while the token is valued at approximately $0.003. This valuation positions our project at $69,000.
Despite the token price has lowered since its listing, currently approximately 25% of the tokens have been unlocked, while a portion remains locked or subject to vesting. These locked or vesting tokens will be factored into the calculation for profit distribution.
Make sure you transform your Shares and claim your HUB tokens before 25th of December 2023 at 14:00 UTC
Revenue & Ecosystem Funds
In recent months, our financial efforts have yielded positive results, culminating in an accumulation of approximately $550.
- Creation of three tokens in collaboration with a white-label partner;
- Successful token sale facilitated by another white-label partner;
- Implementation of token locks and strategic airdrops within our platform.
These $600 are distributed by both the team and partners ($300) and by our HUB Community ($300). The amount distributed to the HUB community is based on the amount of staked and vested HUB Tokens each wallet has.
Currently, we have around X HUB Staked and X HUB Locked which means we are going to be distributing X$ per HUB. This Profit distribution is going to be made 24th of Nov 2023 in our Airdrop Page on the Binance Smart Chain in order to save tax fees.
Additionally, In response to a market spike, we strategically moved a significant portion of our funds, converting most of our ETH to USDC (Stable Coin) at a rate of around $2300 per ETH. This adaptive and strategic financial approach reflects our dedication to optimizing resources and navigating the cryptocurrency landscape with resilience and foresight.
Marketing Strategy
During these last couple months we havent dedicated as much to marketing as we wanted, however we started rolling out some guides and tutorials to help our users navigate through our web3 solutions. Additionally, soon we are going to do some live demonstrations and events that stimulate the usage of the platform.
Moving forward, we aim to boost our visibility using both free and paid methods. This includes a partnership program, platform discounts, events showcasing our Web3 Solutions, and daily competitions to increase our token volume and price.
Partnership Acquisition
We’re expanding our network by inviting partners to join our ecosystem as Crypto Hub development completes its Stage 2. Our partnership program aims to strengthen bonds and extend our reach within the industry.
We’ll collaborate with Audit & KYC Companies, Marketing Agencies specializing in the crypto industry and with Web3 Listing Websites, which can amplify our exposure to a broader audience and connect us with numerous crypto projects.
Lastly, we’re reaching out to platforms, both big and small, that feature token locks in order to integrate our locks into their platforms, thereby enhancing the effectiveness of our Lock feature.
These partnerships will not only elevate security but also contribute to improving our SEO through backlink building on our partners’ high domain rating websites.
Crypto Hub Discounts
To boost our platform’s visibility, we’re excited to announce a special promotion lasting until January 31, 2024. This unique opportunity not only slashes prices across our platform but also provides free marketing support to new crypto projects for increased exposure.
Promotional Prices:
- Token Creation: $15
- Token Vesting: $15
- Token Airdrop: $15
- Token Sale: $150
- Multisender: Free
For this Special Promotion we are planning on investing into advertising on crypto websites and social ads, hiring a team dedicated to reachout to some big crypto communities, and writing multiple articles published in world renowned websites such as HackerNoon and BeInCrypto.
Another marketing investment we are going to make, will be the HubaThon event that will consist of a large competition between new crypto projects to win the $1,000 prize money we have reserved for them.
HubaThon Competition
HubaThon is going to be an exciting competition designed to showcase the innovation and creativity of new crypto projects created at Crypto Hub. The primary goal is to provide a platform for these projects to gain visibility, recognition, and a chance to win a coveted $1,000 prize.
Bug Bounty
As part of our commitment to providing a secure and reliable platform, we’re launching a Bug Bounty program during the January promotion. The Bug Bounty is a unique initiative that encourages users to actively test and scrutinize our developments, helping us identify and rectify potential vulnerabilities. This collaborative effort not only will fortify our product but also rewards users for their valuable contributions.
Conclusion
This Crypto Hub’s 4th Monthly Report highlights significant strides in development, with the successful completion of Stage 2 setting the stage for innovative solutions in Stage 3.
The ongoing optimization of key features, transparent financial reporting, and strategic partnerships underscore our commitment to competitiveness, sustainability, and community engagement.
Looking ahead, Crypto Hub aims to amplify visibility through marketing initiatives, partnerships, and a limited-time promotion. The HubaThon Competition and Bug Bounty program further demonstrate our commitment to community involvement, innovation, and security.
As we navigate this dynamic journey, we express gratitude to our users and partners, recognizing their indispensable role in shaping Crypto Hub’s ongoing success and evolution within the cryptocurrency ecosystem.
🌟 Website | Twitter | Telegram | Discord | Whitepaper 🌟
