🎉 🎉 HECTAGON GIVEAWAY EVENT: 2nd ROUND of WINNER RESULT 🔥🔥

🥳 We are delighted to announce the winners of the 2nd round of Giveaway event 💪

🏆🏆 Winner list: Winner

👋 Thank you for your participation. Airdrop 2 still open in 3 months from beginning for welcoming HECTAHOLICS take a chance. Also, waiting for publishing of top 5 refferals for Diamond NFT. 💎

❓ If you have any confusion about the result , pls dm @SantiPH1 in next 24 hours. After that, we will not change the 2nd round winner of Hectagon Giveaway

How DAOs Can Change the Investment Landscape for Crypto Users?

✅ DAO doesn't have to limit the number or types of investors it accepts.
✅Members of the DAO are getting more involved in the investing process, the management and administration of the DAO's investment portfolio with any amount of money they want.
✅DAOs, are more likely to accept investments from private parties in many countries than traditional VCs.

🔥Hectagon is the best DAO venture capital that investors can join in🔥

👉 Just simply buy and stake HECTA to earn gHECTA, users may engage in investing activity via the Hectagon Investment Portal.
🏆 gHECTA shareholders may vote to choose the Investment Committee board and professionals who will help with the investment process.

Find more about the DAO venture capital concept here:

💥 Infor Hub:
📍 Website 📍 Telegram channel
📍 Medium 📍 Telegram global chat
📍 Discord 📍 Twitter

Greeting Hectaholics!

🔥 Our global community is growing super fast, and we’d like to create local environments for you guys to discuss and update infor from us on time.

First of all, we open a Chinese and Spanish Community Chat for local Hectaholics to get in touch with each other. All official announcements will be posted in your mother tongue to make sure everyone feel at home 😍

👉 Join and invite your peers to Chinese Community Chat and Spanish Community Chat

More local groups will be introduced, let us know which country are you in and we’ll consider making it live💥

💥 Infor Hub:
📍 Website 📍 Telegram channel
📍 Medium 📍 Telegram global chat
📍 Discord 📍 Twitter

INVESTMENT PROCESS IN A NUTSHELL

(1) There is a small dedicated Investment Team run by Hectagon team to choose projects, review, and produce all necessary documents

(2) If a project passes the Investment Team review, a proposal of investment of the project will be submitted to the Investment Council (IC), which is a team of 7 members delegated from the community.

(3) Within 1-2 weeks, the IC will decide to approve or Veto the investment.

(4) In The final step, the project goes through on-chain vote from the community to approve or Veto the investment.

Discuss your opinion with us: https://forum.hectagon.finance/t/hip04-investment-process-ongoing/109

💥 Infor Hub:
📍 Website 📍 Telegram channel
📍 Medium 📍 Telegram global chat
📍 Discord 📍 Twitter

WEEKLY PRODUCT UPDATE (23 Aug 2022)
Last week, we have done few things:
- We have done the iteration on how the Treasury audit UX should work. We already put an on-chain vote till the end of week here: https://snapshot.org/#/hectagon.eth/proposal/0xb6a3af0cc4c0cbe5508a1242a52409a8ec9f547a196c31e544871633c1e910fb
Please vote or go directly to the UX designer tweet to discuss with him
- We did review several hundred user sessions (logged by HotJar) to generate a list of task to improve the UI
- We are working on the new Design System, will share the research soon
For further information, please check out this meeting log https://hectagon-product-team.notion.site/23-Aug-meeting-log-8642ed66ffad4dd6989c030272cbefd3

💥LIMITED OFFER - Grab HECTA instantly with 3% discount💥

Unbelievable short-vesting $HECTA is about to be launched for you to get used to buying HECTA with discount on Hectagon website

Enjoy one-of-a-kind benefits:

✅+3% discount to PancakeSwap
✅Only 10 mins vesting
✅Stake to get gHECTA (governance token for DAO-voting)

How to buy HECTA with discount:

1. Access and connect your wallet here
2. Choose the HECTA with discount you want
3. Approve and chill with a cup of coffee in 10 mins ☕️
4. Redeem your HECTA and stake to earn more rewards

Pool opens at: 1 PM (UTC) Aug 23, 2022

💥Come and be a part of strong HECTA treasury now! app.hectagon.finance/invest/buy

💥 Infor Hub:
📍 Website 📍 Telegram channel
📍 Medium 📍 Telegram global chat
📍 Discord 📍 Twitter

Hi guys, we received a suggestion from a community member Linh Linh to the wallet question of our CPO - k2. Check out the screenshot.

At the moment we let user connect to Hectagon through Metamask and Wallet Connect. Linh Linh suggest we should consider C98 because it’s more mobile friendly. What’s your thought on this? Any other wallet you want us to consider and why?

Feel free to join the product-discussion with our CPO here: https://discord.com/invite/N9dF9j5ysk

BUY BACK & BURN ANNOUNCEMENT


Hectagon was born under a vision of complete transparency with the mission to solve current Web3 investment problems, mainly the centralisation of Venture Capital funding. In order to deliver on that vision, the protocol decided to execute the common practice of Buyback and Burn to HECTA token through Treasury.

There are a number of reasons for implementing a token buyback and burn, but the main reason is to ensure the stability of the protocol. Crypto markets are incredibly volatile, and it’s not uncommon for the token price to swing wildly. We believe the token burn action will make a positive price action to HECTA.

The token burn will have no impact on the Investment fund. All actions will be recorded frequently in our Hectagon Treasury Update for complete transparency.

You can view Hectagon Treasury Update here: https://hectagon-product-team.notion.site/Hectagon-Treasury-Update-23-Aug-4c348d27a3ac4790956835a5cffebc9b

Hi guys, a sneak peak to our Product Roadmap in the coming weeks:

Bottom line is: “Treasury transparency” is the key. We want to focus on keeping everyone updated with every actions we take with the Treasury. The first step we take is manually updating all Treasury activity in here: Hectagon Treasury Update [23 Aug]: https://hectagon-product-team.notion.site/Hectagon-Treasury-Update-23-Aug-4c348d27a3ac4790956835a5cffebc9b.

In the long-run, we are on track to build a tool for every HECTA holder to self-audit Hectagon Treasury. Each transaction of the Treasury will be tagged and linked to an external document.

If anyone is interested in this topic, lets chat with us over our Community Call this week. We decided to move the Community Call to this Saturday at 2PM UTC / 9PM ICT to catch the holder from another timezone. Please let us know if this sounds good to you all. See you on Sat!

Anti-Inflation mechanism: Adjust APY of the Protocol

After 3 weeks since Hectagon TGE, we realize that high APY would make the protocol unhealthy. The high APY is actually marketing cost which is great for an early bird but would be a big tax to users who join late.

Therefore, the Guardian Team proposed a plan to reduce new circulation through staking, by adjusting the APY. Usually, when a projects decide to adjust APY, it will positively impact the future price of the token.

This proposal is another effort, together with the BuyBack and Burn action from our Guardian Team toward the price action. Overall mission is to keep Hectagon Protocol healthy and stable.

For a closer look to our Guardian proposal, please comment and share your opinions at: https://forum.hectagon.finance/t/hip09-anti-inflation-mechanism-adjust-apy-of-the-protocol/213

ASK US ANYTHING | HECTAGON COMMUNITY CALL 03

🔊Thrilled to have the third Community Call with Hectagon leaders to discuss the upcoming plan: Buyback and Burn, Adjusting the APY, transparency, and the audit of the treasury…

❤️Set a reminder and prepare your questions to join our upcoming AMA session!

⏱Date & Time: 14:00 UTC, August 27, 2022

🎉Speaker: Hectagon C Team

🌐Tune in: https://t.me/HectagonFinance

🏆Road To Glory 🏆 Weekly Event

✨Exclusive for Telegram Global community✨

🤑 Top 3 in leaderboard will be rewarded with 1 $HECTA each per day - Total Winner: 21 Hectaholics

👏 Event for Everyone from Hectaholics to angels to Hectagon team

🧐 Time: Aug 26, 2022 to Sep 9,2022 ( Winners will announce everyday )

🧑‍💻 How to play:
💥 Play the game, CM @sh_19092000 share
💥 To be on top 3

Easy as a piece of cake!!! 👍 Play and share your point for everyone!

💥 Infor Hub:
📍 Website 📍 Telegram channel
📍 Medium 📍 Telegram global chat
📍 Discord 📍 Twitter

HECTAGON VENTURE PARTNER CAMPAIGN

Hectagon is the world's first DAO-governed Web3 Venture Capital funding platform for everyone. Our vision and mission are to help the community access and co-invest in quality Web3 projects.

To extend our deals pipeline and project pool, the investment team of Hectagon has proposed Venture Partner Campaign.

This event will encourage Hecta holders to refer investment deals to Hectagon, become our ambassadors, and earn up to 1% commission for each deal closed.

In long term, the protocol could benefit from the wide network of those venture partners, who come from various backgrounds, big venture capital funds, and investment funds ….

We encourage you to raise your opinion on this topic, please access our Forum to join
https://forum.hectagon.finance/t/cmp16-hectagons-venture-partner-program/236

In case you forgot, besides being a DAO investment platform for everyone, Hectagon is a Ventures Capital that recognizes, mentors and promotes the launch of successful Web3 startup projects.

In alignment with the effort to kickstart this mission, Hectagon is honored to co-host - BLOCK CHAMPION - the global competition for blockchain entrepreneurs with VietChallenge and Hub Global Blockchain Fund.

The Block Champion 2022 is where we're looking for a potential blockchain start-up to provide early-stage financing and mentoring.

Application is now open at https://blockchampion.network

👉 If you are the #BUIDLERs we are looking for - don't miss this opportunity with the ample prize pool of US$300,000 and many opportunities in NYC!
👉 If you know potential candidates - tag them in this post
👉 Join the BlockChampion community: https://t.me/BlockChampionGlobalCommunity2022

Apply NOW and tag your best web3 builders here!

HECTAGON TWITTER AMBASSADOR ANNOUNCEMENT

As you know, creating a strong community with fair treats for contributions is among our top priorities. To ignite our first step in leveraging community engagement, the highly anticipated Hectagon Twitter is finally released!

We're welcome global crypto enthusiasts who have:
✅ 500 followers and above on Twitter.
✅ Twitter account is at least 3-month old

HOW TO JOIN: read details here
1️⃣ Register at: https://forms.gle/MPzsfK8w6hyGZVvN7
2️⃣ Tweet, quote retweet and comment with #HectagonFinance about:
a. Project Overview
b. Hectagon solution as a DAO VC
c. Business model and revenue stream...
Be creative as you can!

3️⃣ Submit your entries and that’s cool!

🎁REWARDS
Qualified ambassadors will share a 1,000 $HECTA REWARD POOL in 1 month. Each one will be rewarded 5 $HECTA

⏰ TIMELINE: Aug 28th - Sep 28th

For other social media netizens, you won’t have to wait too long for your turn!

Let’s become Hectagon Ambassador to unlock exclusive perks!

BLOCK CHAMPION is open for application - awarding US$300,000 and ample opportunities in NYC!

👉 Apply now at https://blockchampion.network - and invite your best web3 builders here and join the global playground!

What happens after your submission?

The submission deadline is 11:59 PM EST September 30th, 2022. Only shortlisted blockchain start-ups will be contacted and requested to submit a more in-depth proposal and interviews.

Read this article for more insights: https://medium.com/@blockchampion/block-champion-2022-with-a-grand-prize-pool-of-us-300-000-is-now-open-4f31f30ac291
——————
About Block Champion 2022:
The Block Champion 2022 is a competition for blockchain projects across the globe, held by #VietChallenge, #Hectagon, and #HUBGlobal. The vision of Block Champion 2022 is accelerating innovative blockchain solutions across the world through advisory services, networking opportunities, and a great investment pool of US$300,000.

Accelerating Hectagon Twitter Ambassador, we are establishing a new playground for Youtubers and Medium writers to help us on promotion and educating the broader community about Hectagon Finance: the first global DAO ventures capital for every investor

Yasss, the first Hectagon Content Creator Ambassador Program is here!

We’re excited to welcome our cohort of ambassadors this season. If you’re a Web3 believer or you simply want to gain more exposure to the industry, this is the perfect opportunity

👉 Who are we looking for?
Crypto and MMO content creators on Youtube and Medium who have 500 subscribers and above

👉 How to join: read details here
1/ Register in the form here
2/ Chill and wait for our shortlisting
3/ Create videos on Youtube or write articles on Medium about Hectagon
4/ Submit us your products’ link and that’s done!

🎁 REWARDS
Qualified ambassadors will share a 2,000 $HECTA REWARD POOL based on types of content
⏰ TIMELINE: Aug 29th - Sep 29th

Join us in building the future of investment!

Investment Process is now available for on-chain voting!!!!

Investment Process plays critical role in Hectagon operation. We asked for your comments on the HIP04: Investment Process in Hectagon forum and received some good feedback.

Now, it's time for $gHECTA holders to cast your voting power!

How to vote:
1. You need to stake your $HECTA to earn $gHECTA. $gHECTA will empower you with on-chain voting right.
2. Access Snapshot: https://snapshot.org/#/hectagon.eth/proposal/0xfa0e7ff83aa10688fc9a91698e78ffe9572278ece8399c2e5d1f2aeca77f7388
3. Connect your wallet
4. Choose to vote YES or NO and sign for your action on the wallet.

Voting time: Aug 30, 2022, 11:32 AM - Sep 3, 2022, 12:00 PM (UTC)

Such an easy way for you to contribute to Hectagon protocol, which will eventually benefit all investors.

Let's join and build with us!

COMMUNITY CALL 03 RECAP: Hectagon Upcoming highlights!

1. Buy back and burn $HECTA
BB&B is one of practices in crypto to keep a healthy number of tokens in circulation and Hectagon is doing the same. The Guardian team will be in-charge of this action.

2. Lower APY
We decide to lower APY for a sustainable growth of the protocol. Voting for this proposal here.

3. Product Roadmap
- Treasury Audit
- Investment Portal
- Contributional reward: Campaign Gamification

4. Investment update
- Venture Partner Program was proposed to encourage everyone joining our investment pipeline
- We co-host #BlockChampion, where we will be a couch and investor at the same time.

5. Incubator:
We talked to HUB Global about potential incubator programs for blockchain startups that are powered by top tech university talents in Vietnam. The idea is rebuild big blockchain projects in a new chain with a large scale and economical cost.

That's plenty for this week. We'll keep you updated with the newest info.

Updates on HIP09 - Anti-Inflation mechanism: Adjust APY of the Protocol

We acknowledge that high APY is a double-edged sword that can be very beneficial for HECTA holders at the moment, or impact new comers. Realizing the urgency of the situation, as well as in accordance with our long-term vision Guardian Team will consider reducing the staking APY.

Adjusting APY is part of Hectagon's anti-inflation mechanism. It helps the project to be sustainable and benefits all Hecta Holders in the long term. Lower APY will help keep the protocol less likely to get manipulated by whales, which impose positive influence on $HECTA price gradually.

We have proposed this idea on Hectagon Forum and get many comments.

The proposal came to the end with 88% approval. That’s enough for us to conduct on-chain voting before official implementation.

Check again the proposal here one more time and let’s prepare for DAO voting soon!

https://forum.hectagon.finance/t/hip09-anti-inflation-mechanism-adjust-apy-of-the-protocol/213