6. Our Vision

1 year ‘Community, Community, Community’

By this stage, the Foundation hopes to have completed the onboarding of a large amount of quality RWA collateral. Thus the Foundation's focus will shift entirely to building and maintaining the Protocol’s most valuable future asset; its community. A seamless governance process, a fair and attractive rewarding model for partaking in such governance and a strong pipeline of evolutions to the Protocol, are all seen by the Foundation as the desired progress by this stage. HocDao believes that the existing frameworks are robust, but that the support from a decentralised community will be beneficial. From live date to this stage, we also hope to see a spotlight begin to shine on HGBP not only from the crypto-community but the traditional & physical realm too. Operators (both businesses & consumers) within both ecosystems will recognise HGBP’s unique stability; stability that makes it an ideal general currency. Through this recognition with come adoption.

We also look to open internal fiat/user crypto-collateral onboarding from this point onwards, to enable our collateral pool to expand on a sturdy and large base of stability provided from RWA.

3 years ‘An emerging standard’

The innate stability of HGBP has been very well tested. This stability, plus an ability for it to be locked in our Protocol for income, are seen by many as the biggest reasons that the Hoc Protocol is the emerging gold-standard for earning interest. HGBP Total-Value-Locked (TVL) thus expands and more and more merchants start accepting HGBP as acceptable currency. A true medium of exchange is established.

Denomination of HGBP is of course in GBP, amongst a USD dominated stablecoin market. By this stage, HGBP would have become the world’s first mass-used GBP stablecoin. Due to the ease and speed of transaction on the blockchain, HGBP will be acting as enabler for completely on-chain Cable FX; a catalyst for the migration of part of the $6.6tn per day fiat Cable FX market to the blockchain.

5 years ‘Expansion squared’

We hope to see an expansion in RWA classes; to include gold, music rights, and fine art. At this stage, we hope to see the majority of HOC from our Treasury in the hands of everyday users – as more and more people interact with our Protocol.

We expect DeFi to now be widely accepted, by Governments and Central Banks alike, as the leading provider of all financial services. We hope to see those living in countries with devaluing national currencies/the risk of political upheaval, choose to convert their fiat into HGBP so as to protect themselves.

The adoption of HGBP by merchants and marketplace operators accelerates internationally. Users are increasingly transferring HGBP to friends & family around the world, instead of USD & GBP.

10 years ‘Seamlessness’

We hope to see all HOC tokens earned out of Treasury. We greatly desire to become the standard destination for everyone requiring secured financing, as well as for those wanting stable, collateralbacked income.

Banking & DeFi will be synonymous. ‘Printing money’ will be looked upon by financial historians as a non-sensical and archaic term, describing a dangerous and ‘real-value defeating’ concept.

Complete automation in onboarding, governance and operation takes HoC to the realms of total seamlessness for all parties involved. HGBP is internationally established as a global currency