HODL, a popular crypto project built on the Binance Smart Chain, has recently registered as a company under the name HODLVERSE Inc in the British Virgin Islands. This significant development is expected to unlock a wide range of opportunities and advantages that will contribute to the project's growth and future success.
The registration of HODL as a company brings several key benefits, including enhanced credibility and trustworthiness in the eyes of users, investors, and regulators.
As a registered company, HODLVERSE Inc will be better positioned to attract investments for development and growth through selling shares in the company or equity-based investments. Furthermore, regulatory compliance and transparency will increase, ensuring the project creators and potential users or investors benefit from a more accountable and well-regulated business environment.
The company registration also offers potential tax benefits and financial incentives, which can help reduce HODL's financial burden. Moreover, the move will likely pave the way for stronger partnerships and collaborations with other businesses, expanding the project's reach and capabilities.
With a clearly defined ownership structure and enhanced intellectual property protection, HODLVERSE Inc can better protect trademarks, copyrights, and patents. The company registration also simplifies the process of listing $HODL and $HODLX tokens on centralized exchanges (CEXs), as many exchanges require company information for their listing requirements.
Read the full announcement on the official HODL website