HLiquity is a decentralized borrowing protocol built and deployed on the Hedera blockchain network. It offers users a method to take out loans against their HBAR collateral and enables HBAR holders to access liquidity in the form of a USD-pegged stablecoin without selling held HBAR assets.
The core mechanism allows users to deposit HBAR into a smart contract to mint the protocol's stablecoin to obtain interest-free loans with a one-time borrowing fee. HLiquity operates on a system of over-collateralization, requiring borrowers to maintain a collateral ratio above a specified minimum to secure their debt.
A key component of the protocol is the Stability Pool, where users can deposit the HLiquity-issued stablecoin. These deposits are used to absorb debt from liquidated positions, and Stability Pool providers are compensated with a share of the liquidated HBAR collateral. HLiquity aims to provide a capital-efficient and censorship-resistant borrowing solution within the Hedera DeFi ecosystem.
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docStribute is a UK-based technology company that provides a secure and auditable solution for the distribution of sensitive documents. Founded with the goal of revolutionizing business communication, docStribute leverages distributed ledger technology to offer a more secure and efficient alternative to traditional methods such as email.
The company's core service is a document distribution platform that allows businesses to send documents of any sise with an immutable, auditable trail. When a document is sent through docStribute, a unique digital fingerprint of the document is created and recorded on a public ledger. This provides a verifiable record of when the document was sent and by whom, without storing the document itself on the blockchain. It’s designed to be user-friendly and to integrate with existing business workflows, offering features such as real-time tracking, delivery confirmation, and tamper-proof security.
docStribute's platform is built on the Hedera network. It uses the Hedera Consensus Service (HCS) to create a secure and transparent log of all document transactions.
Immutable Holdings Inc. is a publicly traded digital asset company focused on increasing the awareness, access, and adoption of cryptocurrencies. Founded in 2017 and headquartered in San Juan, Puerto Rico, the company operates as a blockchain holding company, managing a portfolio of businesses within the digital asset ecosystem.
Key holdings include NFT.com, a platform for the non-fungible token (NFT) ecosystem, HBAR.com, a community portal for the Hedera network, and MyHBARWallet.com, an open-source wallet for Hedera's native token, HBAR. Immutable Holdings also provides educational resources through 1-800-Bitcoin, which offers masterclasses and other materials for those new to the crypto space.
Immutable Holdings is one of the core firms associated with the Hedera blockchain network. Its founder, Jordan Fried, was a member of Hedera’s founding team and Immutable Holdings is one of the largest public holders of HBAR. Its subsidiary, Immutable Asset Management, is dedicated to managing this strategic HBAR position.
Mynt Music is a Web3 platform designed to address the challenges artists face with traditional streaming services, such as low revenue and a lack of direct engagement with fans. By leveraging blockchain technology, Mynt provides artists with the tools to take greater control over their work and monetization.
The core of the Mynt platform is built on the Hedera network. This allows artists to mint their music, artwork, and other exclusive content as non-fungible tokens (NFTs) on the Hedera Token Service (HTS). In addition to NFTs, artists can create and issue their own unique, fungible "Fan Tokens." These tokens function as a digital key to an artist's community, granting holders access to exclusive content, unreleased tracks, private channels, and unique real-world experiences. This model transforms passive listeners into active stakeholders in an artist's career.
By building on Hedera, Mynt benefits from the network's high speed, sustainability, and low, predictable transaction fees, which are essential for processing the high volume of micro-transactions involved in a thriving fan economy.
Danae is a digital art company that provides a platform for contemporary art within the Web3 space. Its primary focus is on curating and presenting high-quality digital artworks from established artists and galleries, merging traditional art world practices with new technologies.
The main service offered by Danae is its NFT marketplace, which facilitates the sale and authentication of contemporary art as non-fungible tokens. The platform's services include expert curation, ensuring that all works in its collection meet a standard of artistic excellence. A key feature is the use of blockchain technology to provide transparent and secure art authentication, making the provenance and ownership of a digital artwork easily verifiable. This allows collectors, galleries, and curators to connect and transact with a higher degree of confidence.
Danae's platform is multi-chain, with a direct integration with the Hedera network. The company utilises the Hedera Token Service (HTS) for the minting of its NFTs.