hiblocks, who developed the social media curation platform “HABL,” announced that it received a solid (BBB) excellent rating in the credit rating of the global virtual asset disclosure platform “Xangle”. After the launch of HABL, it seems that the attempt to expand the use cases of tokens and the active communication with investors through blogs and disclosure have been highly evaluated.
An official from Xangle said, “hiblocks is rated VERY HIGH in technology audit and legal advice, and HIGH in token governance and management performance, resulting in solid evaluation results. HABL has consistently secured users through convenient UI/UX and token services. This is their efforts of faithfully implementing the 2019–2020 roadmap.”
Xangle can automatically check not only off-chain information such as the company that issued the virtual asset, but also on-chain data recorded in the blockchain and check the creditworthiness of the project based on strict evaluation criteria such as technical audit, project team member competency, and financial information.
Projects that received BBB ratings from Xangle similarly include Ontology (ONT), Icon (ICX), and Dash (DASH).
An official from hiblocks cited, “We are motivated from getting a good evaluation of the BBB rating, and we will try harder to provide good services through blockchain technology in the future.”
Hiblocks is a startup that develops and provides services for various platforms based on blockchain technology. HABL, is an application developed and run by hiblocks. It is a new social media platform with the concept of ‘curation’, which allows users to collect the overwhelming contents on existing social media at one place, and ‘Apptech’, where all users share revenue.
Currently, HABL is in beta testing phase which is available at Android and iOS. The number of users has exceeded 50,000.
