11.1 Daily Outlook
Hash Key has made a lot of small moves recently. First, the APP was officially launched on Apple and Google stores. In an interview, the COO also proudly stated that this was approved by the Hong Kong Securities Regulatory Commission. Secondly, Hash Key claimed that it was exploring two RWA cases that may have a huge impact on the market, and is currently in in-depth exchanges with the Hong Kong Securities Regulatory Commission.
There are two focus points. One is RWA. I haven't studied it well so it's hard to comment too much. From experience alone, there were similar STOs with cannon fodder concepts in the last bear market, and even the cycle nodes were similar (the last time was at the end of 2019). At that time, the small leader Poly had a little bit of a wave, but after entering the 20th century, it was Defi that became popular, which was quietly holding back its big moves.
Another focus is back to the Hash Key itself. Mentioning Wanxiang makes people dream back to 17 years before 1994. At that time, the version environment in mainland China was really different. It was friendly and free to the encryption world, and there were various conferences of all sizes. Participate casually in the excitement, and Wanxiang’s three carriages of Xiao Feng, Shen Bo, and V God are still fresh in people’s minds; unknowingly, a few years have passed, and Shen Bo’s distributed capital has slowly faded out of sight after 20 years, while V’s Focusing on returning to his roots in the ether field, Xiao Feng is left to continue his so-called blockchain dream.
By the way, Wanxiang actually launched the PlatON project in the last bear market. I forgot whether it was for privacy or some other area. Anyway, it was generally tepid and was not listed in any major firm. I hope they can be more serious this time, and it would be ok even if they can make some achievements in promoting compliance.
