The Tela Network Foundation is committed to creating accessible social spaces for all members of the crypto community. It is envisions a platform that will provide users with a rich source of information, peer moderated for quality, without ever compromising user control or privacy. To date, no platform has adequately enabled those interested in crypto-assets to communicate with and teach one another, leaving inaccessible the enormous network value of information exchange latent among those interested in crypto-assets.

The Tela Network Foundation anticipates that we will work with a variety of partners to build out and maintain the Hilo Platform, a social network offering crypto-asset enthusiasts a consolidated source of co-teacher and market-sourced information. The first of these partners, our launch partner, is Hilo Labs, Inc., with which the Foundation has entered into a
services agreement to build out the network, applications, and technical ecosystem.

Hilo Labs, Inc. comprises a group of highly respected developers and entrepreneurs who bring deep knowledge and experience in gamification, data security, crypto-investment, platform design, and social network development.

At the heart of the Platform is a decentralized network for buyers and sellers of crypto-assets, powered by ERC-20 smart contracts deployed by the Foundation on the Ethereum network with units known as "Hilo" tokens, or HILO. H ILO facilitates user control of access by other users to their watchlists, asset allocations, direct message responses, fantasy crypto allocations, and private groups.

The Hilo interface will be at the heart of the Platform. It displays a Watchlist and links three
sections-Dashboard, Portfolio, and Discover-along a vertical tablet, and along a horizontal banner links two more key sections:

Market Capitalization: The Market Capitalization panel enables users to view the aggregate value of crypto-assets across various time horizons, including over the past hour, day, week, month, year, and across all available market history.

Activity: Within the Dashboard, the Activity feed displays a live stream of text posts curated to maximize relevance to the user.

Trending on Hilo: The Dashboard shows what assets have been most actively discussed across the public sections of Hilo in the Trending on Hilo panel.

Highs & Lows, Most Active, and Newest: Within the Dashboard, three additional panels display snapshots of crypto-market activity at a glance.

Portfoilio: The Hilo platform addresses the challenge of viewing assets that are siloed across multiple exchanges and wallets by enabling users to consolidate their asset data into an easy-to-use, one-tab interface. Users can populate their Portfolio with data linked from existing wallet accounts and exchange accounts to which Hilo has API access, and by manually adding their existing wallet addresses.

The Discover List facilitates user learning about specific crypto-assets and performance comparison across assets. Serially arranged to maximize visual ease, Hilo users both new and
seasoned can readily sort coin and token data by name, market capitalization, price, volume
traded, and rolling 7-day percentage-change-in-price.

On Hilo, any user may send a message to any other user directly. By default, no H ILO are required from the sender to send a message to which the recipient replies. However, some users may wish to enable paid messages.

Public chats are accessible and visible to all Hilo users. Private chats are limited to those granted access by the group convener. In addition to engaging in direct messages, the Notification Center is also the space where users start, join, take part in, or leave private group chats.

The Hilo Platform has many interlocking parts, and will be developed cooperatively through
time among the Tela Foundation, its Launch Partner, and passionate Hilo users. To efficiently
grow the Platform's features while maintaining day-to-day functionality, the Foundation anticipates incremental efforts will focus on sets of parallel goals.

Platform at Token Launch: H ILO is integrated into the Hilo platform. This permits Platform users to earn and spend H ILO by engaging platform features and interacting productively with one another. Users can verify ownership of an existing Ethereum wallet, and link that wallet to the Hilo Platform. This, along with identity verification via the Civic Secure Identity Ecosystem, enables users to receive and send H ILO. Tracking multiple wallets can be unlocked with H ILO. Users will be able to connect two exchanges to their account for free. Adding further exchanges can be unlocked with H ILO.

Users can accrue XP (experience points) through successfully completing gamified actions throughout the platform. When a user levels up, they will earn a payout of HILO tokens from the UGP.

The Hilo platform is available on mobile phones for both IOS and Android devices.

H ILO tokens will enable the holders of the token to vote on certain platform governance matters, primarily aspects of the token economy. The Tela Network Foundation believes that allowing holders of H ILO tokens to participate in the governance of the platform is superior to the use of a cryptocurrency because this limits the participation of outsiders in platform governance. Further, this feature concentrates control of platform governance among those users who have most participated in and contributed to platform development. To this end, a limited supply of inimitable utility tokens must be created. The Tela Network Foundation will create one billion ERC20-based H ILO in an upcoming Token Generation Event (TGE).

Hilo website: https://hilo.io
Hilo whitepaper: https://hilo.io/assets/whitepaper.pdf

This article was created in exchange for a potential token reward through Bounty0x

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