Shenzhen-based Hooah Finance and Economics Holding, operator of mobile blockchain content app Hooah Finance and Economics (Huer Caijing), has completed RMB 8-digit angel funding led by JRR Capital and with participation from DFund and TNB Capital. The funding will be used for ecosystem construction, content operation, and technology R&D, according to CEO Zhao Jin.
Hooah Finance's strategically differentiated position is apparent in both its team and through its decentralized content operation model, explains Zhao. Hooah Finance hopes to be used for blockchain field research, where blockchain technology research is commercially integrated into application scenarios to provide research level content. Hooah Finance will have a module for news and information, but its emphasis will be on research content.
Hooah Finance uses a decentralized model for content creation and distribution. Users receive tokens for writing, reading, and sharing content to encourage quality content. The platform has an initial seed of professionally generated content produced by its own team, but the operation model will attract additional content.