At 14:00 on March 24, XT.COM did another live streaming!
Our guest Dior Wu, co-founder and CEO of HollyGold. Speaking about HollyGold’s recent blockbuster development, Wu said, “The re-opening of TCL Chinese Theater in Los Angeles will take place next Monday, March 29. You will see HollyGold officially exposed to the global entertainment industry in Hollywood. The time of lifting the lockdown around the world is getting closer, and the era of HollyGold is coming.” If you missed the live, please follow me to take a review!
JUN：Hi, everyone! Welcome to the XT AMA Channel. I’m Jun, CBO at XT.com. I am hosting today’s AMA with Hollygold. Let me give a brief introduction to XT first.
XT.com is the world’s first real-time social trading platform with 0% leverage interest. The XT ecosystem has over 6 million global users with a daily transaction volume of close to $5 billion. The platform has real-time indicators and tools that bring the best trading atmosphere for all users. XT exchange’s innovative social model empowers the blockchain industry through newly developed social trading avenues, which were once not possible. XT has achieved this through a combined effort with our partners, such as Bananatok.
Today, our guest is Dior Wu, Co-founder and CEO of HollyGold Let’s talk to him to learn about Hollygold.
Hello Dior Wu, thank you for joining us for the XT and Hollygold AMA!
Dior：Hi, everyone. I’m Dior, Co-founder and CEO of HollyGold!
JUN：Can you give our audience a brief introduction to HollyGold?
Dior：Issued by the Singaporean company HOLLY.GOLD PTE, LTD, HollyGold was founded and invested by Hollywood films investor Kevin Robl and me. HGOLD is a multi-purpose movie digital currency created to facilitate the movie ecosystem. We have global strategic partners such as Base FX, and Production Capital and Hollywood TCL Chinese Theater. The establishment of HollyGold is mainly based on film investment, with extension to the application of the entire blockchain, including how to use HollyGold to buy movie tickets, popcorn… and so on. Hollywood is the kingdom of film and television entertainment featuring unlimited wealth which has been seriously injured by the recent epidemic. So the entire Hollywood is looking forward to the success of HollyGold, which can lead the Hollywood industry to rebuild quickly and break through the siege. We have anticipated that when the epidemic is over, a new wave of retaliatory consumption will definitely occur in industries such as entertainment, tourism, etc. Therefore, HollyGold is making advanced deployments so that we can integrate our efforts to build a powerful audio-visual ecology in the future.
JUN: Since the founding of HollyGold six months ago, the ranking of HGold has surpassed many tokens. Do you have any comments on this?
Dior：To be honest, this goes beyond our imagination. Of course, we wouldn’t be able to do this on our own without combining the powerful film and television resources and patented technologies. More importantly, we focus on applications so that more people can know us, believe in us, and support us. I hope that in the coming time, through our efforts and everyone’s support and recognition, HollyGold can make to the top 100 cryptocurrencies or even the top ten. Since Musk announced in early February that customers could use Bitcoin to buy Tesla’s electric cars, the value of cryptocurrency has entered a new era in which application rules. In the foreseeable future, the only way for blockchain cryptocurrency to create greater value and price is to be able to be applied. Only through the application to the consumer market, can the consensus of digital currency’s value will be widely accepted and recognized by consumers quickly. Particularly, this is just the beginning. After the pandemic slows down, there will be retaliatory consumption on entertainment around the world. HollyGold will really take off by then.
JUN: Can you tell us about your team members and their background? I hear they all have very strong backgrounds!
Dior: HollyGold(HGold)’s team members and consultants have produced more than 1,600 films, including Oscar and Emmy award winning films and many blockbuster hits. The whole team of HollyGold (HGOLD) and many renowned Hollywood film industry professional consultants have assisted to produce more than 1,600 movies, including Oscar and Emmy award-winning movies and many Blockbuster movies. The members of this advisory group that master the huge resources of Hollywood film industry include: Elie Samaha, the owner of Hollywood TCL Chinese Theater, Kevin Robl, the Member of the President’s Advisory Committee on the Arts of the John F. Kennedy Center for the Performing Arts, Mark Damon, Chris Bremble, Gerald R. Molen, Grant Cramer, etc. Elie Samaha, in particular, is the owner of TCL Chinese Theater and our shareholder, which basically means that the resources of the Hollywood front are already in our hands. There is also an Asian professional blockchain team, which owns a number of patents to help us with the application later. Patents include crypto cards, cold wallets, our vending machines, and even our new blockchain billing system, which will be available for the big concert in April. Our team continues to optimize the patent and system day and night, hoping to provide better service and experience to those who believe in the value of HollyGold.
JUN：Can you tell us why did you decide to start HollyGold?
Dior: Hollywood wanted to reform its nature of being a traditional industry long ago. They talked with more than 16 blockchain companies but none of them met their expectations. Later, they found me. With my three patented blockchain applications, HollyGold will be able to change the traditional way of investment so to allow more groups to invest in movies. The investment, shooting and distribution of a movie can be included in the same ecology and the whole industry will be turned into one-stop business.
JUN：What problems does HollyGold mainly want to solve?
Dior: HollyGold allows the average an opportunity to access Hollywood, which once was almost impossible. HollyGold, can be split into two parts: HOLLY means Hollywood and GOLD represents the value token. Just like me, an ordinary guy, without any powerful backgrounds, my name was included by IMDB in a short time after the establishment of our company.
JUN：The launch of a movie must go through fundraising, and only a few can participate in it. But from another perspective, if everyone in the world puts out a dollar, it must be a large number, so we cannot put common people aside. With the backup of HolyGold, everyone has a chance to invest films. Only blockchain technology can solve the above problems, to achieve actual de-intermediation instead of decentralization.
Dior: De-intermediation, which can enable general public to stop monopoly by a few people, and those interested in the HollyGold to obtain the benefits of Hollywood, which are also the core goal of HollyGold’s plan; letting Hollywood combine with our blockchain patented technology is a natural match for realizing de-intermediation. Your holding HollGold means you can participate in investment and issuance of films. Through the mechanism of buy-back and destruction, the quantity of the token will gradually shrink and its price keeps rising, so everyone can share mutual benefits brought by the entertainment industry. Also, thanks to mass participation, our consumption mode and film marketing method will have a transformation, so there is no need to adopt a bonus system for mass adoption.
JUN：In the Crypto industry, what do you think of the current state? What do you think that needs to be improved?
Dior: At this stage, most people don’t know how to buy cryptocurrency because of the complicated procedures, such as APP installation and multiple verification; and a large number of people may quit in the early stage because of there complicated things. Most of the cryptocurrencies can only be trad online, no landing application. So here I want to say is that if a currency wants go far for a long time, it must be integrated with the physical industry. Also, during this period, only HGOLD can achieve landing application right now. Cooperation with Visa, Master Card, HGOLD, can be available to various ethnic groups, such as movie fans in their 20s and 60s. In addition, the ticket booths in front of the TCL of Hollywood have been put the name of HollyGold on. In the future, when you travel to Hollywood, you will see the ‘HollyGold’ logo everywhere eye-catching. For now, we can make sure that you can buy movie tickets, popcorn in Hollywood with HGold, and HGold can realizes real landing applications in terms of VIP travel (by helicopters or private planes), restaurants and so on.
JUN: How does the Hollygold team plan to tackle these issues?
Dior: HollyGold owns the HGOLD world patented encrypted cards and the world’s first blockchain smart vending machine. Encrypted cards allow ordinary users to get the card first, and then open the wallet. It means the first thing you get are the tokens then opening a wallet to store them. Through the launch of physical encryption cards, the public can quickly access digital currency in a familiar way. The vending machine on the other hand, is the fastest way for everyone to buy digital currency, that could be used in various occasions. More addition, with the above-mentioned Hollywood resources, we can quickly connect everyone with the application of digital currency and enable them to be familiar with it. What’s more, we will hold major events like music festivals and Marvel exhibitions (roughly tens of thousands of attendees), incorporation with our blockchain technology. After testing in the market, we can finish settlement and recording on chain in 2s, and the handling fees is close to 0. People will be able to use cryptocurrency quickly behind these technologies; and by owning HGOLD, they can purchase limited-edition products or go to allied cinemas to buy tickets or popcorn after the epidemic slows down in the future. In this regard, TCL of Hollywood has recognized our business model and agreed that HGOLD will be used as a payment medium in the near future.
JUN: What is your future plan? Would you like to share with our audience?
Dior：We are planning our own entertainment public chain, which will definitely be a core for global entertainment industry reforming. We, at the same time, will develop our entertainment industry worldwide with HGold at its core. Combined with the lightning transaction system to conduct a cross-border integration of offline audio-visual entertainment and other large-scale commercial payments, there will be an unprecedented entertainment ecosystem for HollyGold. We are proud of over half a year since HollyGold was established, we have achieved amazing results, and will finish our schedule in the second quarter as Defi protocol, chunlang payment system testing, public issuance of Hollywood IP coin (NFT) and launch of entertainment public chain.
JUN: Anything else you’d like to share with our community?
Dior: It is the pandemic that inspires Hollywood, for it is urgent to find way out and rise again. HGOLD, the world’s first entertainment coin linked with Hollywood, is before you. There are few industries wanting to break through when trapped. You should know “Now or Never”. When the outbreak is over, retaliatory consumption will surge. Three years ago, you missed out buying Bitcoin and Ethereum, and now it is a good chance to buy HGOL. Do you wanna be a Hollywood star. We have sent two members into Hollywood and have shots. And now, you may be the next super star!
JUN: Thank you, Dior Wu, for taking the time to do this AMA with us today. It has been great learning more about Hollygold and the team behind it!
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