The New Form of Finance-From OGT to HOGT, a stronger Eco-finance System

HOGT
4 min readMay 14, 2021

What’s “new finance” ?

Recently, a new concept “new finance” has rising among the cryptocurrency market. You may wonder what’s “new finance” exactly ? Well, in fact, “new finance” refers to better finance, it deepens the original concept of “finance”. It aims to not only earn more money, but also to pay more attention to solving people’s practical problems. DeFi has been the hottest top in blockchain industry since 2019, as a new leading role of New Finance, DeFi is considered as a “new financial revolution” that builds a transparent, accessible and inclusive peer-to-peer financial system through distributed open source agreements that minimizes trust risk and makes it easier for participants(users) to benefit from it.

Global cryptocurrency market has been skyrocketing, digital assets are also entering the fast lane of development around the world. In September 2020, the OGT, officially entered the blockchain industry as a essential part of digital finance, its strong consensus quickly gained the attention in the industry. In addition to the distributed, decentralized, trustable, tamper-proof, open source, co-built sharing of these natural characteristics of the blockchain itself, what kind of change has the OGT brought to the blockchain? How will OGT’s future evolve?

The rise of OGT

Throughout history, we can see that it is on the basis of trust and consensus that human civilization can build a network of cooperation, and thus occupy the ruling highlands and become the dominance of the whole industry. Similarly, it is the consensus created by a strong user base that makes the rise of OGT so strong.

Data is always the best proof for reflecting the project. In 2019, the Origin project was established, a community start-up OGT project, in September 2020, OGT successfully entered the global TOP 15 AOFEX(A network)trading, and price has been rising steadily since then, in November 2020, OGT held a first meeting conference, more than a thousand people in the conference, in January 2021, OGT entered the global TOP 5 exchange BITTREX (B network), the market value of the circulation reached 300 million U.S. dollars, at the same time, OGT overseas version officially launched, covering users over Europe, America, Asia and other countries; in April 2021, OGT opened HOGT exchange, the market feedback was hot and the first day created a “4 seconds” kill record, speed to complete the conversion quota, officially opened the landing of the fire coin ecological chain HECO journey. In just 240 days, OGT has made a dramatic transition from a public offering to a global development scale, yet another miracle that has amazed the cryptocurrency world.

However, success is never a matter for one person or team. From the launch conference in November 2020 to 1,000 people scale forum in 2021, OGT has experienced the entrepreneurial process of 100 roadshows, 100 meetings under the ten zones, and a nationwide sermon in offline studios. Today, OGT’s footsteps are in every blockchain city in China, and along with the strong execution of community members, OGT has created the strongest blockchain pusher. In a short period of six months, OGT has produced nearly 1000 nodes, with nearly 100,000 users adn more than 100 offline communities, 1 million online traffic, 40,000 effective miners … such digital myths are still being created.

From OGT to HOGT

With the deepening “decentralization”, blockchain technology is gradually changing from “itching” of simple technology platform to “fusion” of information system construction. It combines the idea of “de-centralization” with the pain points of the industry to build a brand new business model. Ecology is the future core of blockchain technology, and it is also the key to whether a project can be applied in practice or not. OGT’s strengthness in big data society that has been reflected in the most vivid, this active entry into HECO to create HOGT ecology is also a positive response to the actual needs of the blockchain market.

As an innovative project of DeFi, HOGT combines the full-scale benefits of DEX today, with great imagination and growth space that based on the fast-growing and ecologically thriving Heco chain. For HOGT, it is not only a platform to help users add value, but also to provide other platforms with a stable SOURCE of value for TVL. Because of this, HOGT tokens are bound to have more applications and features, and their token holders and eco-builders will benefit from the growth of the HOGT platform. In the future, HOGT will certainly export and dock more DeFi products to meet the needs of different users and solve the immediate needs of the current DeFi platform.

Time will give the best proof. We have reasons to believe that with the interoperability and programmability of the protocol, OGT-HOGT will create a new decentralized financial aggregation platform-more open, transparent, platform, truly viable and get engaged in user communities. Along with the day arching forward and building an open new financial system, OGT-HOGT will help accelerate the digital economy in a disruptive way.

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HOGT

HOGT is DeFi online service platform that based on HECO eco-blockchain. A leading one-stop solution platform for DeFi.