Hoo Listing Guidance
Project need to submit “listing application” form for application. To protect the interests of investors, Hoo will estimate the quality of projects. The project needs to at least satisfy the following requirements.
- The project has no policy risks and meets legal regulations.
- The project needs to disclose project information, whitepaper and progress report timely.
- The project has strong community support.
- Strong technology background and typical application, rated by a third-party safety organization.
- Other listing requirements defined by Hoo exchange.
Hoo has a strict process regarding the token listing. Please be patient about the listing result. Listing result leakage from the project before Hoo official announcement may lead to listing failed.
Token delisting mechanism
Hoo exchange is dedicated to providing users with safe, fluent, convenient trading services. With the rapidly changing market, some projects are not able to maintain its development, or its popularity and users decrease dramatically. Therefor Hoo exchange will build a delisting mechanism. Delisting process will begin when the project cannot meet the requirement. When the following situation occurs, Hoo has rights to begin the delisting process.
- The project website cannot open for a long time.
- Project product behaves abnormally and not being fixed for a long time.
- The project has unethical, fraud behavior or manipulating others’ asset or hiding important information.
- The trading volume is low at Hoo exchange for a long time.
- Project is thought to engage in illegal conduct like market manipulation.
- The project has no progress report for a long time.
- Project is terminated or ask Hoo to delist.
- Severe safety risks are associated with the project and its token.
- The project has behaviors that influence the normal operation of Hoo exchange.
- Other situations that may lead to delisting.
Hoo reserve the rights of final explanation. Hoo will make announcement 3 days before delisting. After the delisting announcement, users should withdraw the asset to a personal wallet or another platform. If the project makes negative influences to Hoo exchange, any consequences are of the project’s liability.