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Hilo
Hilo is a social network for crypto enthusiasts. The main purpose of Hilo is to serve as a platform for people interested in cryptocurrencies. It is assumed that investors and participants will be able to exchange information, negotiate deals, or just have fun on the site in the general chat. The project appeared recently, but is already popular. Now, according to sociological research, in the USA every tenth citixen has an account in cryptocurrencies. That is why Hilo is considered an ambitious project, which will be able to attract a huge audience and become one of the leading analytical and trading platforms. Despite the fact that the project is still in its infancy, it is likely to become one of the leaders among such portals, thanks to its educational functions, social media functions, analytical and trading component.
Team
Some believe that the founder of Hilo is a woman called Monica Pushner. She works as Vice President of Business Development for CleverTap company. Also, since 2012, Ms. Pushner has been advising California startups engaged in the development of cryptocurrencies and improvement of the blockchain process. In addition to Ms. Pushner, the project involves a woman named Brit Morgan. According to her profile on LinkedIn, she graduated from the University of San Francisco majoring in psychology and marketing. The company is open to new developers, but it is necessary to have a solid knowledge in the field of the crypto market. To get a list of vacancies, you need to register and follow the link, but the user will be tested for knowledge of the cryptocurrency market and a number of professional tasks.
Plans
The website has just been launched, but has ambitious plans for future development. However, there is no clearly defined plan, but there are some steps that the company expects to implement in the near future. Hilo's strategy consists of three stages that will lead the portal to popularity in the crypto community. At the first stage, social work is planned to attract the audience, participants of the crypto market, interested people, analysts and businessmen to the project. At the second stage, it is planned to carry out technical work on the creation of a new level of the crypto community. The creation of wallets, the system of interaction between users and a number of other important functions will be carried out. In the third stage, it is planned to expand the functions of the portal to applications on iOS and Android and attract mobile traffic.
Features
Hilo portal is quite specific, taking into account all the opportunities that it provides. Its main task is to unite the participants of the crypto community into a single system.
Most likely, the creators of Hilo plan to organize something like a new pool for the production of cryptocurrencies. This is one of the most important strategies of the so-called Hilo Community, which will bring together market participants around the world.
At the same time, Hilo plans to provide a trading platform for those who are engaged in trade in cryptocoins of different types. Hilo is committed to creating a free system for cryptocurrency exchange that can attract many stakeholders to the project.
There are six main features of the website development that will surely be of interest to the audience. The change of the cryptocurrency exchange rate will be displayed in real time so that the user can see at any time the value of a particular coin. In this case, the user will be able to respond quickly to market fluctuations and not to expose their investments to risk.
There is an opportunity to create an own team, where users can share information, negotiate, make friends, trade or create joint pools for mining cryptocurrency.
Users can get acquainted with the peculiarities of this market. Moreover, it is necessary to study not only the market content of this payment instrument, but also cryptography, algorithmic and mathematical components of various cryptocoins and the market as a whole. The educational program is the main priority of the Hilo team, as only in this case it is possible to grow really active and professional members of the crypto community. Of course, Hilo's investment in educational programs will pay off, as most modern investors are not familiar with the cryptocurrency market, which is quite complex. Therefore, the more professional the market participants are, the more profit the Hilo project expects.
The History section will contain the history of the trades in order to analyze them, to extract experience, not to repeat mistakes, if any. This section is common to many cryptocurrency sites, but Hilo offers a modern version, with forecasts and the latest mathematical and algorithmic tools to analyze its own activities and market.
Hilo project involves extensive information about all cryptocurrencies, their history, the algorithmic mechanism on which trading and mining are built, as well as the state of all markets on which cryptocurrencies are accepted. In general, many modern websites related to cryptocurrencies are moving in this direction, however, there is no effective mechanism for displaying fluctuations. On the other hand, there are different dynamics in different markets. The situation is complicated by the fact that it causes a large number of speculations in the modern market.
If the user starts trading cryptocurrencies, the notification about the changes in the exchange rate will be sent regularly. The user will be able to program the site to inform about certain market events, growth or fall of the currency. Alerts can be sent via the app, to the mail or to the mobile phone.
Advantages and disadvantages
Hilo is an excellent platform for contacting other market participants, for combining efforts, trade, interaction and obtaining relevant information about all the events of the crypto market. This is certainly a huge plus.
For Hilo to be successful, it must attract a large number of users, but this is the main problem. The thing is that the project has a huge number of competitors, but advertising remains at a low level. Thus, it is highly doubtful that the project could attract a wide audience in the shortest possible time. Otherwise, Hilo risks to sink into oblivion as many projects aimed at the analysis of the crypto market have done.
So far, according to analysts, nothing concrete can be done within the framework of the project. Users can log in, register, create their wallet, but nothing more. All other functions are still poorly implemented, require attention from many experts and it is unlikely to solve this problem quickly. However, according to many analysts, Hilo project will still work in full force and it is expected that in the shortest possible time, it will gain if not extensive, but at least a good audience. These optimistic forecasts are based on the dynamics of site visits, the intensity of discussion of the portal in the social networks and forums. There is a great interest in Hilo, so if everything goes well, the project will be a success.
