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Announcement

New Mainnet Launch Plan and Roadmap for the First Half of 2021

Feb 24th, 2021

The following is the result from the status examination and research of Hdac Technology, which was done in the second half of 2020, and the launch plan of the new mainnet and testnet, which will be launched in the first half of 2021.

We have examined the token ecosystem, business model, technological scalability of the original blockchain project from a multilateral perspective. Based on the examination results, we are currently making advancements to the design of the new business model and the development roadmap. Also, we are restructuring the business network and pipeline of the affiliates and making plans regarding the expansion of the development ecosystem, which is the core element of an opensource blockchain project.

Regarding the launch of the new DPoS blockchain, which is named RIZON, we are currently setting milestones for each developmental stage and working with our key partners to prepare for the launch. The goal is to launch by the end of June, as announced previously. The plan with more details is attached at the end of this document.

The new blockchain RIZON is being developed based on Tendermint Core and Cosmos SDK for interoperability and scalability. With the development competency accumulated by having developed and operated the original version of RIZON, an upgrade is ongoing to the latest version of the software that is interoperable with the Cosmos ecosystem. Intending to create a large number of transactions, advancements are being made on the blockchain business model and token economy, which are interoperable. Details will be released before the launch of the mainnet.

The original HDAC coin will be swapped(exchanged) to the new token, ATOLO, for a 1:1 ratio after the mainnet is stabilized. To provide a convenient and safe token swap experience for the users, we are examining the technical designs as well as the ways to make the development community join in. Details on this will be announced before or after the launch of the mainnet.

The examination result made on the strategies on exchange listing and promotion and marketing is as follows.
Currently, it is revolved around Korean exchanges and the KRW ecosystem. The goal now is to enter global exchanges on which diverse stable token markets such as USDT and USDC are active. We are going to pursue listings on global exchanges after advancements have been made on the business model, and through this, we plan on getting involved in the global liquid market.

As for promotion and marketing, the focus will be shifted from the coin-holder-oriented activities to the activities to expand the RIZON blockchain ecosystem. To make the RIZON blockchain ecosystem successful, multiple validators with significant influence have to participate in it and the development of block explorer, wallet, and multiple business modules have to be conducted by the community voluntarily. Also, the team is being rebuilt to foster a global community with a virtuous cycle that evokes more voluntary participation as the ecosystem expands.

All the departments of Hdac Technology, including strategy, development, and promotion and marketing, are focusing on the launch of RIZON and the continuous expansion of its ecosystem. We will do our best to make such efforts translate into a great result.

Thank you.

***

Official Channels
Website - https://www.hdactech.com
Medium(Global) - https://medium.com/hdac
Medium(Korean) - https://medium.com/hdackorea
Facebook - https://www.facebook.com/hdacrizon
Twitter - https://twitter.com/hdac_rizon
Youtube - https://www.youtube.com/channel/UCGQXVXTs7RllAirD3YjjZIQ

Official Communities
Global(Newsroom) - https://t.me/rizon_atolo_news_en
Global(Community) - https://t.me/rizon_atolo_en
Chinese(公告) - https://t.me/rizon_atolo_news_cn
Chinese(网络) - https://t.me/rizonatolo_cn
Korean(공지) - https://t.me/rizon_atolo_news_kr
Korean(소통) - https://t.me/rizon_atolo_kr

***

PRIVACY POLICY

1. Introduction.

Hdac Technology AG respects the privacy of its Members, Contributors, Users or Clients and is dedicated to controlling the use and disclosure of information provided by Members, Contributors, Users or Clients using the Site. This Privacy Policy (the “Privacy Policy”) sets forth Hdac Technology AG’s policies regarding collection, storage, access, use and disclosure of information relating to a Member’s, Contributor’s, User’s or Client’s registration and use of the Site. Any terms not defined herein shall have the meaning set forth in the Terms & Conditions, the Transaction Terms & Conditions or the User Agreement.

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2.1 Registration Information.

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In addition to the information specified in Section 2.1, Hdac Technology AG may require Members, Contributores, Users or Clients or prospective Members, Contributors, Users or Clients to provide Hdac Technology AG with Company references to allow Hdac Technology AG to verify a Company’s capacity, legitimacy and reputability. Hdac Technology AG may provide such references to parties with which a Member, User or Client enters into a Negotiation to assure such parties that Company can meet its prospective obligations thereunder.

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The Site may contain hyperlinks through which other Internet websites may be accessed by Members, Contributors, Users or Clients. Hdac Technology AG is not responsible for and cannot make any assurances regarding privacy, or other policies or practices of the operators of such websites. Such links are provided only for the convenience of our Members, Contributors, Users or Clients, and the presence of any link does not imply that Hdac Technology AG endorses, approves or is responsible for such websites.

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Hdac Technology AG may update this Privacy Policy from time to time as new features and services become available on the Site and to keep pace with technological developments. The new terms shall be effective ten (10) days after they are initially posted on the Site. It is the responsibility of the Member, Contributor, User or Client to review the latest terms. If You do not agree with updated Privacy Policy, You should immediately cease use of the Site and the Services.