On October 26, 2021, Hoo launched its new project F9 (FalconNine). Hoo is also the first CEX to launch F9.
Falcon 9 is a rocket developed by SpaceX, founded in 2002 by Elon Musk, the American billionaire. The main focus is on the future of intergalactic finance, its token economics is three nos: no devcoin, no presales, no taxes.
Falcon 9 believes that one of the greatest advantages of blockchain technology is that it contains a de-neutralized, openness that traditional finance and government lack. Falcon9 is its pass, and the mysterious developer who secretly launched the campaign fully funded the launch when he burned the LP pass and locked it into eternity. ElonMusk’s vision for space is to manifest a Falcon 9 rocket through its crypto community.
According to the white paper, the four features of Falcon 9:F9 Tiger Levels、Deflation、Insurance、Special NFTS. It can be summarized as the following:
There are many successful projects built on Ethereum, but as we have seen the ERC-20 network is frequently overburdened resulting in astronomical gas fees. SHIBA INU will introduce a new L2 blockchain soon, which will solve these issues and give a home to new protocols/projects.
Falcon 9 can be assured that its financial aspects are secure. One of the most important aspects in the DeFi is security, and the project is only approved for launch on Falcon 9 after passing a review process that is negotiated between Falcon 9 and the applicant IDO.
Since SHIBArmy joined Mission Control, SHIB holders will therefore be eligible to stake their SHIB tokens to register for launches on Falcon 9. Of the total presale tokens, 9.99% of them will be allocated exclusively for SHIB holders in a separate pool with varying weights depending on their SHIB Tier. As in the F9 tiers, there is no incentive to stake more than necessary.
Hoo showed that the opening price of F9 was $0.02, and the highest price was $0.066, an increase of 330%.
By 17:00 (UTC+8) on October 27, 2021, F9 had exceeded 240,000 USDT transaction amount in 20 hours of its launch on HOO Exchange.
As Hoo explores new projects, many potential projects such as F9 will be explored by investors, users will discover more investment opportunities in Hoo, and Hoo will also be favored by more investors.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Sounder Mirror journalist was involved in the writing and production of this article.