HOKK Finance is a cryptocurrency project that started as a meme token but has evolved into a broader decentralised finance (DeFi) ecosystem. It aims to provide cross-chain oracle services through its platform, Telegraph, facilitating interactions between different blockchain networks. By doing so, HOKK Finance seeks to enhance interoperability and functionality in blockchain applications.
HOKK Finance operates by setting up nodes on the Telegraph oracle, a public permissionless cross-chain oracle that enables developers to access external blockchains from their smart contracts. This setup helps facilitate cross-chain interactions and provides essential oracle services within the Ethereum ecosystem. Although specific technical details such as the blockchain and consensus mechanisms used by HOKK Finance are not specified, its functionality is primarily oriented towards enhancing cross-chain operability and providing oracle solutions to smart contracts.
The primary use cases for HOKK Finance include setting up nodes on the Telegraph oracle for bridging across multiple blockchains, facilitating cross-chain interactions, and providing oracle services for smart contracts. Additionally, HOKK Finance can support real-world applications like DeFi products and developer platforms that benefit from increased blockchain interoperability. These services are significant in the domains of decentralised finance, cryptocurrency ecosystems, and cross-chain oracle services.
Founded in 2021, HOKK Finance began as a meme token and has transitioned into a DeFi-focused ecosystem. Key development milestones include a market cap achievement of $800 million in early 2021 and the launch of various DeFi products, such as a multi-chain bridge and yield-generating NFTs. The team has embarked on a $10 million Series A funding round to support further development and growth, aiming to establish HOKK Finance as a significant player in the DeFi sector. The company seeks to leverage expertise from experienced members like Lawrence Hutson to achieve these goals.
The HOKK Finance price is $0.00030876 AUD, representing a +0.03% from the day prior.
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The trading volume of HOKK Finance (HOKK) is $134 AUD in the last 24hrs, representing a +0.03% from the day prior.
HOKK Finance (HOKK) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of HOKK Finance (HOKK) is $2.6M AUD.
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The current circulating supply of HOKK Finance (HOKK) is 6.6B.
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