139th Weekly Report of Molecular Future

4 min readSep 21, 2020

Hello, friends of Molecular Future:

Here comes the 139th issue of Molecular Future Weekly with continuous report of industry news and hot topic. The Molecular Future APP “Hello September” welfare event officially started on September 5 and will end on September 15. Besides, MOF was officially launched on HooSwap on September 4. For more details, please check the official website or official WeChat public account.

Best Fund this week

XBTING Foundation ETF Fund (USDT)
Initial net worth (19 February, 2019) 1
Latest net worth (13 September, 2020) 1.5464
Total increase +54.6%

Keep up with Molecular Future

Molecular Future APP “Hello September” Welfare Event

With the advent of the golden September, Molecular Future has launched a “Hello September” welfare event. The event period is from September 5th to September 15th. During the event period, all users of the Molecular Future APP can get a MOF 10% annual interest rate coupon. After using the MOF coupon to invest in a MOF conservative fund, users can get an ETH yield coupon. Apart from that, participants can share additional 20,000 MOF according to the proportion of the investment amount, and there are more exquisite gifts waiting for you.

CMO Talk: How to trade MOF on Hooswap

MOF, as a token of the Molecular Future financial ecology, was officially listed on HooSwap on September 4. In the latest video, the CMO of Molecular Future has given a detailed introduction to the operation of HooSwap. Welcome to check on the Molecular Future’s official official website and Wechat public account.

Tech Development

APP

Released v2.6.2

Optimized the SDK of fund products

Optimized the module of Molecular Fission

Optimized the display data of the token asset list

MOS Financial Public Chain

Optimized the server to realize the data proxy from the node to the front end

Optimized crypto handler

Optimized the public data acquisition function in the contract

The number of nodes increased to 1000, and the TPS is stable at 150+, peak at 312

Completed the first round of block generation test, and the rate is stable at 1~3 seconds

Mswap connected for debugging and testing

Industry Information

Police in Minhang, Shanghai, China smashed a criminal gang that committed fraud in the name of investing in virtual currency

Recently, the Shanghai Minhang police smashed a criminal gang that carried out fraud in the name of investing in virtual currency and arrested 35 criminal suspects. The scam group uses phone calls and WeChat to find potential victims who are interested in investing in virtual currency, invites them into the investment WeChat group, and tricks the victim to download the “bitex”, “back” and “bitbank” platform for virtual currency investment, committing fraud crimes to defraud the victim’s principal. The gang has been involved in more than ten cases, with more than 800,000 people, and more than 100 victims involved.

Local government officials in Seoul, South Korea propose to establish the country’s first blockchain voting platform

Cho Eun-hee, leader of the Seocho district in Seoul, South Korea, proposed the establishment of a blockchain voting platform for residents and praised the recent influx of crypto-related developments across the country. Cho Eun-hee believes that now is the right time to start using blockchain technology, “so that any citizen can easily put forward their own opinions.” If it becomes a reality, it will be the country’s first blockchain platform that allows citizens to decide on local political affairs.

App Data Overview

Product introduction

Molecular Future is jointly invested by Molecular Group, Eagle Fund, Hong Kong Capital Fund, XBTING Foundation, HCASH Foundation, and Bank of China Capital. The platform uses stable and secure blockchain technology and connects with the world’s top financial quantification teams to provide users with efficient and convenient financial services.

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