Since the inception of HADAX, we have launched 13 rounds of voting in 3 phases, and we have been paying close attention to the feedback from users and project teams. Updating voting rules is a choice carefully made after numerous discussions. As HADAX users, project teams and Super Nodes are our important clients; we will spare no effort to provide them with the best service.
In the wake of the INC incident, HADAX suspended voting for coin listing, reviewed Super Nodes and reformulated voting rules. As a result, we suspended cooperation with 14 Super Nodes over the past two weeks and adjusted the projects on the public voting list accordingly. We have made the following improvements:
Ⅰ. Rules for Super Node Are Changed:
After reviewing the Super Nodes, we divided the Super Nodes into two categories:
Standing Node: An invitation mechanism is adopted for standing nodes, and the 14 invited nodes are: ZhenFund, Bitmain, FBG, DHVC, Draper Dragon, Hashed, Kenetic, Fenbushi Digital, Northern Light Venture Capital, Unity Ventures, Ceyuan Ventures, K2VC and Huobi Capital.
Selected Node: An application-review mechanism is adopted for selected nodes, and the 31 selected nodes are: BlockVC, GENESIS, Dfund, Linkvc, Nirvana Capital, Nortide Capital, Crypto Trade, Imagination Fund, Node Capital, Shuanghua Capital, Bixin Investment, Krypital group, Frees Fund, Cryptovision, Empower Capital, Alphacoin Fund, Stars Capital, Tsinghua Alumni Fintech Capital, Collinstar Capital, Consensus Capital, Viking Capital, LD Capital, S. Capital, Tfund, Blockchain Ventures, Shulian Capital. Parinama Foundation, Liebian Capital, Longlian Capital, Bitrise Capital, Ducapital.
II. Voting Rules Are Changed:
1) All projects of the public voting list must be supported by a Standing Node and projects that were not supported any standing nodes will be removed from the list and votes will be refunded.
2) During voting, we shall not show the number of votes cast by users until the voting ends. Projects with the most votes will win.
3) Combating bribery: we will adopt tools and communities to detect public opinion. Once we collect evidence of the project team’s bribery, we will cancel their rights to be listed.
We also welcome reports, and if the reports are verified to be true, the informants will receive 2,500 HT rewards.
Based on these changes, we will open the 1st round of 4th phase voting at 14:00, July 2nd (GMT+8).
HADAX will launch new Super Node Rules in middle of July, which will be further upgraded on a current basis to further guarantee Super Nodes’ earnings and HT holders’ earnings.
HADAX Operation Team
June 29, 2018