Announcement on listing HUG

Dear EXX users:

Hello! According to market conditions and user suggestions, EXX is expected to open the HUG/UDST trading market at 18:00 on March 23, 2020, Hong Kong time.

The HUG platform is a token economy-based platform focused on franchise growth. The HUG platform is the core of the HUG platform, with the head office, the merchant and the customer to grow together.

HUGCOIN (HUG) has been issued for use in the HUG platform. Customers can purchase products at a discount of HUG by default and benefit from the use of a token-based engagement model. HUG can also be used in various forms between member stores and headquarters. You can also benefit from the HUG's holdings from the head office. Cost-benefits for stable operation of the merchant, such as a discount on the merchant's license or the price of the raw material supply, and various marketing through HUG can also benefit from the franchise promotion. HUG's token economy enables the company to respond to the market based on the results of big data collection and analysis.

These various token-based business models will ultimately help you grow your franchisee's business by expanding franchises / growing revenue / maintaining loyal customers and new customers. As the franchise business grows, more tokens are needed, and we can respond to that demand with the right supply and drive up the value of the tokens as a whole. This virtuous cycle structure allows you to build a business model that is in the interest of all the head office, merchants and customers.

HUG Platform promotes the growth of HUI LAU SHAN Korea franchises in the domestic market through its partnership with HUI LAU SHAN Korea, a Hong Kong-based global "mango dessert" franchise.

HUI LAU SHAN started in 1960 in Yuen Long, Hong Kong, and has been famous for 60 years.

It is the most beloved mango dessert brand in the world. Currently, 55 stores are operating in Hong Kong alone, and about 190 stores are operating in China, Macau and Malaysia. HUI LAU SHAN's signature menu is "Mango Juice" and has gained popularity since the 2000s when Korean tourists established it as "mango juice that must be tasted in Hong Kong."

Based on its dessert culture and heritage in Hong Kong and China, He aims to become a global No.1 food and beverage restaurant company by establishing itself as a "new trend leader" in the dessert market, while simultaneously exploring new markets in the dessert brand business and securing a sustainable growth base. We currently have more than 250 stores in the United States, Canada, and Europe, as well as in China, and we plan to expand our branches around the world.

HUI LAU SHAN's brand competitiveness is based on "over 60 years of history," the most beloved brand in Hong Kong.

It was introduced in various TV programs such as travel and entertainment, and it was a must-eat for Hong Kong travel to the public.

It's recognized. By positioning themselves as "healthy and fresh mangoes" in the "coffee" dessert market, the main customer base in the dessert market is appealing to young women in their 20s and 30s. Based on 60 years of brand-name know-how, we have stable and fast market penetration and growth through our store operation system and thorough quality control.

Korea opened its first store in Jamsil Lotte World in early 2017 and now nationwide

We currently have 16 stores in operation across the country. Two new stores have already opened this year. To further aggressively expand the market and attract and market new customers, HUI LAU SHAN wants to launch blockchain-based HUG platform to drive HUI LAU SHAN's growth through transparent token economy operation.

  Total circulation: 100,000,000

  White Paper Address: https://fog-k.com/wp-content/uploads/2019/10/HUG_Whitepaper_0.1.2.pdf

  Official website link: https://fog-k.com/

Risk warning:

Digital assets are innovative investment products, and prices fluctuate greatly. Please rationally judge your investment ability and make investment decisions prudently. EXX will select high-quality currencies, but will not be responsible for guarantees, compensation, etc. for investment activities.

EXX team

17 March, 2020