The current market has shown us the unprepared, low-quality and non-professional projects that have actually ‘’died’’ in the past 3–6 months.
The Herity Network team has anticipated these hard times and has built important pillars that can sustain our project for years to come.
What have we done in the past few months?
Topics that will be covered in the Medium Article :
A. Blockchain partnerships
These partnerships will give Herity more exposure in the Crypto World.
- Till this moment we have a signed partnership contract with a Top 10 CMC Blockchain project. They will help Herity Network build on their network and expose our products in their Ecosystem.
This partnership will offer:
-technical mentoring
-access to the other projects in its ecosystem
-boost for our SEED and NFT products
-Marketing and exposure in their ecosystem
This partnership will be announced till the end of this year.
2. We also have a pending ‘’deal’’ with another Blockchain project, that has not launched yet, with a 5 million Euro Seed Investment made in 2022. Their technology is one of a kind and our aim is to provide Seed, NFT and Staking services to their community.
Unfortunately, we do not have a certain date when this will be announced, more information will be provided on the way.
B. Institutional partnerships
This will provide local and international legitimacy. Our aim here is to be awarded that ‘’confidence’’ stamp from the market.
1. Partnership with the Romanian- American University and their partners. The Unique and Exclusive partnership between Herity Network and Romanian-American University (https://www.rau.ro/?lang=en ) will shape the future generations of students passionate about the Blockchain Industry.
Together we will:
- be the first Herity Blockchain educational HUB.
- offer support to students that want a career in this complex industry.
- integrate the HER$ Coin as the payment currency ( marking this the 3rd utility for the HER$ token)
- Herity Network team will be directly involved and dedicated to the education of students.
- create NFT collections with multiple utilities, unique in European Education.
- create certified Crypto/ blockchain courses — making this one of the first EU-approved courses.
2. Partnership with the National Institute for Research & Development in Informatics — ICI Bucharest. Herity Network’s presence in the Consulting Council for the Blockchain Commission will bring value and practical points.
This is a partnership that has made us proud, together with ICI Bucharest we aim to help the current Blockchain ecosystem to be legal, regulated as well anticipate possible occurrences when it comes to the Technology Structure.
3. Pending Consultancy Partnership with Blockchain Division of a Top Network and Communication company from Germany. This company was impressed with the progress that Herity has made so far.
Future details will be provided regarding this pending partnership in the near future.
C. Product Launches:
- We will Launch our Staking Centre Product. A place where our community can actually earn real funds with the help of our referral program. You will be able to get a 25% referral Bonus from the Staking Contract.
How will this work?
You just need to search BSC Crypto Projects that will require staking. The referral ( you) will get is up to 25% from the contract value, anywhere from 250$ up to 1000$ per contract. Our aim for 2023 is to build this B2B staking platform on ETH, MATIC, EGLD and a new Blockchain ( not launched yet) while slowing integrating the 4th HER$ token utility.
The Launch of this product will be made in the next 10 Days.
2. We have other product launches, but most of them will be next year.
D. Seed Launches:
- We will have one of the most interesting Seed projects called MetaCourt.
This project was chosen by IBM and Village Capital for their Hyper Protect Accelerator Program! They have already received a big grant and they are in the Village Capital program ( 2nd Month) for a higher and more sustainable grant and funding.
Come and meet the MetaCourt team if you want to discover a UNIQUE and INNOVATIVE concept:
MetaCourt Telegram: https://t.me/metacourteng
MetaCourt Website: https://metacourt.tech/
The Launch will take place next week on Tuesday, so please keep an eye on our Socials and Telegram.
2. In the last 6 months, more than 65 projects have applied for Seed Funding and only a few were selected. We aim to select only the best projects that will strive both in bear and bull market.
E. Investment partnerships and opportunities.
We are in discussion with different VCs and Tech investment companies that will provide Herity the chance to scale and create new Blockchain Products.
Till this moment we do not have any signed agreement, however the negotiations are going well. Our aim here is to look for partners and not investors, that will give us an extra edge on the competition.
Due to the legal framework that Herity Network has, we have a real chance to ‘’grab’’ some E.U. grants for Tech Development. Our legal team is looking into this for the past 4 months, it will take time, however the chances of receiving a grand are possible.
F. Community — tests, experiments and expansion.
1.We have created a new community for our Latin American audience, we have a Growth Manager that supervises this Department, till this moment we got around 200 members and we continue to grow. More details can be found here : https://t.me/heritynetwork_es
2. Focusing on Tik Tok and other social platforms. The bear market has lowered the conversion rates when it comes to attracting new community members, we are testing new ways to attract new members by testing specific algorithms and other social platforms.
3. Expansion into other local communities like : Italy, France, Germany, Turkey , China. We have been discussing with top influencers from these local markets to push Herity Network. This will require time and funds, our team is confident that by the end of Q2 next year, these communities will present.
G. Listing — Decision, reasons, looking ahead.
In the past 2 months our team has analyzed more than 50–60 listings on the market from top 20 CEXs and our analysis has provided interesting insights. More than 75–83% of the tokens listed on top 20 CEXs (excluding the first 4) have shown an increase of the price from 10% up to 34%. In some cases there was no actual increase but an actual price dump.
When considering a listing we have to think about the following:
- Listing fees that can be from 20, 000$ up to 100, 000 $ ( stable coin and / or tokens )
- Security Deposit that can be from 25, 000$ up to 250, 000$ (some CEXs don’t ask for this, some do)
- Market Making services from 1,500$ up to 6,000$
- Liquidity for Market Making (from 10, 000 $ up to 50,000$ ) depending on the desired price impact.
Another reason is that we desire to update our Smart Contract, in order to provide more safety, more transparency but also to optimize more integrations that we have in plan for 2023.
As a conclusion, and due to uncertainty created by the FTX issue, we have decided to postpone the listing to Q1 2023, if the market will provide stability and buying pressure. If not, this will be moved as soon as the market will get back on track. We have the connections to all CEXs that were analyzed, therefore we can activate the listing in a matter of days.
H. RoadMap for 2023
- Launch more Seed projects with a better filter and a higher chance of becoming hidden gems for the next Bull Run
- Integrate at least 1 (possibly 2) new native blockchains on our products
- Launch new products that will provide utilities for the HER token (2 current utilities, 2 pending utilities by the EOY, 3 utilities in progress in 2023).
- Attracting new communities from different countries
- ‘’Outside or the Box’’ marketing and social media approach.
- Ensuring more Blockchain partnerships that will provide more legitimacy and future tech integration.
Ending statement:
As per our Mottos: ‘’Herity Network is here to stay for the little guy’’ , in the past months we have worked a lot to deliver the updates mentioned above. It’s a clear indication that our team is ready for any type of market scenario and we will continue to build faster and better than others.
While other projects retreat into a ‘’sleeping’’ behavior, Herity Network’s aim is to be in front of the competition and other Crypto projects. This way, when the Bull market comes back, we will have a better chance to become a top project with top products, that will benefit our community but most importantly the Crypto World, while our token price can provide stability and increase.
Thank you all for your trust, patience and confidence!
The Herity Network Team!
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