Shuffle

Dear HUPAYX family,It is the next-generation payment platform HUPAYX.​The HUPAYX AMA, was held at 20:00 on April 8, 2022, in the <a href="https://t.me/MEXCKorean/322242" rel="noopener noreferrer nofollow">MEXC Korea Telegram community</a>. It was a meaningful occasion to share our vision and project updates with many people. Big thanks to all who participated.​For those who could not join, we have translated the recap of the last AMA.​You can check the current progress and future direction of HUPAYX through the AMA contents.We will continue to provide opportunities to communicate with the project news.​Read the AMA with our CMO, Ethan Yoon to find out more about HUPAYX’s updates, news, and announcements.Q1:Currently, HUPAYX is conducting an extensive marketing campaign in South Korea. I’d like to know the plan for the project to introduce the payment system in foreign markets.​E:The fact that crypto assets break down national borders is one of HUPAYX’s commercial advantages, so of course, one of our primary goals is to expand into the overseas payment market.In particular, countries with less than perfect financial markets, or countries with comparably low credit card usage, are more likely to benefit from our mobile payment services.Our first target market is Indonesia, because of its huge growth potential. HUPAYX is working around the clock to launch the service in the second half of this year.Q2:Does HUPAYX’s payment system compatible with existing payment terminals and POS (Point of Sale) systems?If not, does it a dedicated cryptocurrency terminal?​E:HUPAYX has partnered with KSNET, a payment agency/value-added network (PG/VAN) company.Therefore, you can use HUPAYX in the existing POS.When integration and development are completed in the second half of this year, we aim to make it freely available at 300,000 domestic affiliates in South Korea.Q3:I know that HUPAYX recently launched and updated the #Taycan testnet.What is the meaning and purpose of Taycan in the HUPAYX ecosystem?​E:Taycan is a Tendermint-based chain that fully supports EVM.Therefore, users can use a broader range of services on the Taycan mainnet.There’s no doubt that it also means laying the foundation for various businesses such as NFT and Defi that HUPAYX will proceed in the future.In addition, HUPAYX has plans to expand multiple businesses based on the partnerships and market assets it has acquired to operate the payment platform.Therefore, Taycan will enrich the ecosystem based on its scalability and the possibility of collaborating with other crypto assets.Q4:With NFTs trending these days, is there any possibility that HPX will join the NFTs market?​E:As mentioned earlier, HUPAYX is focusing on developing the NFT platform.It is important to note that our platform will not only focus on crypto and digital assets, but also on the tokenization of real properties.The first project will be a long-term investment product such as real estate.More details will be announced as soon as we’re ready.Q5:HUPAYX acquired its third blockchain-related patent last year, and I wonder what it is specifically.​E:Yes, it is a patent on a method for automatically transferring cryptocurrencies based on blockchain and a server for it.Specifically, it provides easy payment services using cryptocurrency on a portable terminal when consumers want to purchase a product or service. It will allow customers to perform automatic transfer transactions using cryptocurrency even when the deposit account does not use cryptocurrency.In short, it is about a technology that enables you to receive the deposit in fiat even when the remittance is in cryptocurrency.The following questions were asked during the AMA live.Live Q1:It’s been a long time since HUPAYX’s listing on Probit, congratulations on being listed on MEXC.Please let us know if you consider listing on additional exchanges after MEXC. Are you planning to list on a major domestic exchange?​E:Thank you very much. Indeed, we are considering and preparing new listings for the ease and convenience of trading.In 2022, HUPAYX will show you further development.Live Q2:As far as I know, there are Shufflator, Shuffle, and Booster Wallet for being HUPAYX’s wallet.It would be more convenient for users to integrate these into one wallet, but I wonder what the HUPAYX team thinks.​E:Yes, our team is also aware of the shortcomings, and working on them.Our solution is to introduce a ‘new Shuffle’ in line with the newly released mainnet Taycan.The new Shuffle has the following features:- Integration of in-house services.- Improve user experience, including Intuitiveness / Convenience, etc.- New features (nick-name-based transfer function, offline payment function).As above, we will do our best to improve the users’ convenience.Live Q3:What are the domestic and international marketing plans to promote HUPAYX?​E:Technology and services are essential in the project business, but promoting the project is also necessary.We plan to deliver the advantages by emphasizing the benefits of HUPAYX and the convenience that results when a payment platform is deployed.In preparing the payment platform, we have established a strong partnership with TradiFi counterparts, which gives us the confidence to play a synergistic role in the real economic environment.As I said earlier in the overseas expansion plan, we will strategically expand to regions with less-than-ideal financial infrastructure, providing a universal payment platform to benefit more people.We will build various services utilizing the unique characteristics of crypto assets that cross borders and create a market through appropriate and active marketing activities relevant to local regulations and circumstances.Live Q4:1. Since June 29, 2021, it has been impossible to verify the HUPAYX deposit and withdrawal transactions on the Probit exchange.​2. About one month ago, 5.5 million HPX were moved to Probit from the wallet, which is believed to be the Foundation wallet.So it’s around 20 million HPX. I wonder what these HPX are?​3. The total supply is 10 billion. I’m curious about the roadmap of how 10 billion HPX will be released in the future.​E:1. We will check with Probit to identify the issue. The result will be announced through our official channels.2. The volume you mentioned does not belong to the Foundation. It is believed to be individuals.3. You can check the unlock schedule on Xangle.<a href="https://xangle.io/project/HPX/recent-disclosure/61162bf8e5c40c7a259c5e14" rel="noopener noreferrer nofollow">https://xangle.io/project/HPX/recent-disclosure/61162bf8e5c40c7a259c5e14</a>Live Q5:According to the HUPAYX official homepage, in the remittance section, when transferring money between individuals on the HUPAYX network, it is said that it’s a safe environment from data loss, malfunction, and data integrity.​You also mentioned expanding the HUPAYX alliance network by providing Open APIs. I am wondering if there are any current projects or plans for this.​Although the blockchain is a system without hacking, I’m worried about the recent hacking news, so I am curious how HUPAYX will ensure security and safety.​E:HUPAYX is solving the PBFT (Byzantine Algorithm) problem based on Tendermint.Most of the hacking accidents related to the blockchain are problems in the oracle area rather than the blockchain.HUPAYX is working hard to prevent online and offline issues based on ISMS certification standards.Live Q6:The upgraded mainnet is scheduled for Q2 2022. Do you have any intention of supporting cross-chain?I believe it is necessary to ensure liquidity.​E:The upgrading mainnet Taycan is a Tendermint-based chain that supports EVM.We are considering cross-chain to secure liquidity through IBC of Cosmos or bridge of EVM.Live Q7:Due to the nature of smart contracts, many projects receive audit reports whenever the source code changes.Has HUPAYX recently received a security audit? Please let us know if you can avoid hacking.​E:HUPAYX has been audited by SlowMist.The upgrading chain will also receive an audit, so we will always ensure user convenience and safety.Thank you to all AMA participants. Please keep following our official channels for more info and news.At the same time, I would also like to take this opportunity to express my deepest gratitude to the community that has trusted us and supported us for so long.We’ve been preparing for a long time to deliver you better news soon.​About HUPAYX<a href="https://www.hupayx.com/eng.html" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/hupayx" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://t.me/HUPAYX_ENG" rel="noopener noreferrer nofollow">Telegram(English)</a> |<a href="https://t.me/HUPAYX_Ann" rel="noopener noreferrer nofollow">Telegram Channel</a> | <a href="https://www.hupayx.com/app/file/whitepaper_eng.pdf" rel="noopener noreferrer nofollow">Whitepaper</a>

HUPAYX(HPX) MEXC Exchange AMA Recap

HUPAYX

Other articles published on Apr 13, 2022

dfxCAD Hackathon!🐱‍💻

Amaze World to celebrate Easter by launching Easter Airdrop Campaign !

NEOPIN Token(NPT) listing on Coinone

NEOPIN signs MOU with “Verify VASP” for Travel Rule Solution

Earthling is Launching on RichQUACK Launchpad

NEOPIN enters into strategic partnership with Klaytn Foundation as part of a “joint expansion of ...

Join our free newsletter for daily crypto updates!