EOS.Hedging Block Producer Candidacy Announcement

Dear all,

We are EOS.Hedging, and we are currently working on the Hedging Network project on EOS. Based in Hong Kong, our team is a serial entrepreneur team with backgrounds in engineering, research and finance. We are passionate about decentralized technology and its potential to act as an equalizing force in the world.

EOS.Hedging is aiming at creating the first decentralized digital asset derivatives trading network in the world. We have implemented the whole derivatives trading processes on blockchain(EOS), which leads to a decentralized low-cost and large-scale financial trading platform. We believe that Hedging Network can help EOS become the center of financial derivatives trading in the digital currency world.

Apart from that, EOS.Hedging is trying to build a globally economical ecosystem by providing a variety of services, including Hedging ecological fund, Hedging incubator, Hedging developer community, Hedging currency plan, and Hedging media alliance, etc.

We raised more than 1 million US dollars investment last month from Ameba Capital and Cyzone Angel Fund, which will support the development of our team and project in the future.

Thus, today, we announce that we want to become a block producer, and some information about EOS.Hedging is as follows:

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1. Public website URL and social media account

• Website: https://www.hedging.network/
• Steemit: Eos.Hedging
• Facebook: https://www.facebook.com/eos.hedging/
• Twitter: https://twitter.com/EosHedging
• Telegram: @Eos.Hedging
• WeChat: EosHedging 

2. ID information

A) Official block producer candidate name

EOS.Hedging

B) Location of company headquarters

Hong Kong

C) Expected location of servers

China, Hong Kong, Singapore, United States

D) Type of servers

Cloud Service

3. About us

A) Founders

  

Lib Lee, CEO

• Serial entrepreneur, 6 years
• Started a business during graduate study period, became the largest developer of Renren.com and attracted 5 million followers just in one month 
• Invented the augmented reality video application based on face recognition and received millions of users in one month 
• Established the WeChat Small Application Center with 35 million users in total and 200 thousand users per day 
• Entered the Bitcon market in 2013 and developed a bitcoin mining machine based on Avalon chips, selling to 6 countries in the world

Eric Lee, Co-founder

• Serial entrepreneur, 5 years
• Established the global mobile marketing platform and served 100+ mobile game publishers, with an annual income of 300 million RMB
• Created cross-border e-commerce mobile platform and reached top 1 on Google Play New Apps and top 5 on Free Apps with more than 1 million users
• Awarded 2nd in DEMO CHINA Entrepreneurship Contest
• Awarded top 10 in China Black Horse Entrepreneurship Contest
• Joined the well-known incubator, 500Startups, as the only Chinese background team
• Received tens of millions from 4 top venture capitals in China

Jessiay Ren, Co-founder

• Serial entrepreneur, 6 years
• Zhejiang University postgraduate, Beihang University graduate
• Started a startup during graduate period and operated the largest application center and public accounts on Renren.com with 6 million followers
• Launched a variety of female social products, attracted millions of users with 0 cost, and recevied recommendations in many android stores
• Established WeChat regional self-media alliance and attracted 3000+ self-media among 5 provinces, covering 100+ millioin users
• Focused on bitcoin in 2013 and devoted to the blockchain related research since then

  

Levi Zhang, Co-founder

• Serial entrepreneur, 6 years
• Won 2 successive championships in RoboCup and received championships for 4 times in the robot area
• Established the domestic YC entrepreneur community and attracted tens of thousands of top domestice entrepreneurs
• Created the first interactive community of entrepreneurs and investors in China and attracted 20 thousand entrepreneurs in just 2 hours, making it a phenomenal product
• Built a multiplayer real-time video application and received two rounds of investments of 20 million RMB from several well-known venture capitals in two months

 

Summer Meng, Co-founder

• Serial entrepreneur, 7 years
• Master from Peking University, PhD drop-out
• Stanford Ignite graduate
• Established a cosmetic mobile application platform and received application recommendation on App Store with more than 1 million users
• Built an ASO promotion platform and served 300+ Internet companies with 1 million users and a monthly flow of 9 million RMB, covering China, Australia and North America
• Invented interactive pricing social products with daily active users of 250 thousand
• Received tens of millions from several top venture capitals in China

B) Advisors

Mary Nan, CEO of Cyzone, CEO of Cyzone Angel Fund

Mary Nan is CEO and publisher of Cyzone, and she is the co-founder of Cyzone Angel Fund. She holds a bachelor's degree of Hunan University and an IMBA degree from Tsinghua University and Massachusetts Institute of Technology.

Ms. Nan has extensive experience in venture capital and has a deep understanding of Chinese entrepreneurs. Prior to the establishment of Cyzone, Ms. Nan joined Zero2IPO Group in 2001 as a Managing Director, where she founded and directed research, business development and investment banking businesses. Prior to joining Zero2IPO, she worked for "China Economic Herald" and China Venture Capital Limited.

Kevin Wang, Co-founder of Ameba Capital

Prior to establishing Ameba Capital, he served as an Executive Director and Chief Financial Officer of Kingsoft (HK3888) from 2005 to 2011. Prior to joining Kingsoft, Mr. Wang worked for Ernst & Young and PricewaterhouseCoopers from 1997 to 2005. 

Mr. Wang holds a MBA degree from Victoria Polytechnic University in Australia.

Ameba Capital has invested in numerous unicorn companies such as Mogu Street, Kuaidi, Chemanman, Hot Body, etc.

4. Estimate of technical specifications and total expenditure for resources by June 3, 2018

Before June 3, test network: 16-core CPU, 128G memory, 1T storage, 50M bandwidth, $ 1,297 / month

5. Estimated scaling plan for hardware after June 3, 2018

A) Main server

56-core CPU, 480G memory, 32T storage, 200M bandwidth, $ 5,368 / month

B) Standby server

32-core CPU, 256G memory, 32T storage, 200M bandwidth, $4,770 / month

C) Defensive system

1000G+ DDoS cleaning capability can perfectly defend against SYN Flood, ACK Flood, ICMP Flood, UDP Flood, NTP Flood, SSDP Flood, DNS Flood, HTTP Flood, and CC Attacks

D) Monitoring system

real-time block performance monitoring and reminding, 7x24-hour problem discovery and processing, to ensure the stability and reliability of the block server

E) Future development

with the increase of block performance load, business logic such as blocks and storage will be gradually separated to improve adaptability to ensure the normal and rapid development of the EOS community.

6. Community benefit project outline

A) Community website introduction

• EOS Weekly Ecological Report: The report includes latest news about both EOS and our team, keeping community members up to date.
• Updates of Hedging Network: Since Hedging Network is the most important product of our team, we will send information of updates on a regular basis.

B) Community Development Plan

• Team Founding Time: Hedging Network was founded in January 2018 and is dedicated to becoming the largest cryptocurrency derivatives trading platform.
• EOS Eco-product Plan: We will use our technological advantages to develop a number of EOS tool products to support community developers.
• Meetup Plan: We will set up meetup organizations in Beijing, Shanghai, Shenzhen, Chengdu and Hangzhou, and hold EOS meetup in each of the above cities every month. We plan to have 500 participants per month.
• Media Joint Activities: We will jointly organize the EOS/Hedging hackathon competition with Cyzone Magazine. The award is jointly established by the Hedging team and Cyzone Media. We will open a column in the magazine and regularly recommend products from the community's outstanding developers.
• EOS Developer Raiders: We will share the experience with community developers, including not only the development based on EOS but also the combination of cryptocurrency and financial industry.
• Hedging Training Courses: We will organize online development courses, which includes the the development of EOS and the use of Hedging, allowing programmers and financial practitioners to better develop finance-related applications.
• Hedging Community: We will run our community on WeChat and Telegram and plan to attract more than 50,000 people to join the Hedging community in the next six months.

7. Listing of Telegram and node names for community testnet participation

• Telegram for testnet: @EOS.Hedging Developers
• EOS.Hedging is participating in the following test network and producing blocks steadily:
  •  Jungle: http://jungle.cryptolions.io:9898/monitor/ 
  • Producer Name: bull

8. Investment Partners

A) Ameba Capital:

Ameba Capital was established in 2011, which focuses on early stage and long-term venture capital investment in the TMT industry and is committed to finding entrepreneurs with strong survivability, resilience, and quick execution. Ameba's investment areas include, but are not limited to, O2O, online education, big data, e-commerce, and enterprise-level services. All of the investors of Ameba Capital are successful entrepreneurs and executives of top Internet companies, who can provide rich resources and professional guidance towards entrepreneurial enterprises. The capital has currently invested in dozens of teams, including Mogu Street, Kuaidi, Hot Body, etc.

The founders of the capital are: Kevin Wang, former executive director and CFO of Jinshan Software ; Hong Zhao, former Managing Director of Alibaba Group Corporate Finance and Treasury Management; and Zhiguo li, CEO of Wacai, and founder and former CEO of Koubei.

B) Cyzone Angel Fund

Founded in 2007, Cyzone is a full-scale entrepreneurial service platform. The company and related funds have successively received investments from top investment institutions including IDG, DCM, Sequoia Capital, Northern Light VC, Saifu, Tencent Investment and QF Capital. Cyzone provides entrepreneurs with cross-platform media, exhibitions, training, incubation space as well as investment, which has attracted tens of millions of loyal users.

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Thank you for your time and support. Join us and be part of the EOS.Hedging, keep updated on our derivatives trading platform and help to build our EOS ecosystem. We want you!

Best Regards,
Team EOS.Hedging