The Red Flower Coin (HUNG), launched by the "Red Flower Foundation," connects Hung Mun brethren and global Chinese communities, promoting the "loyalty and righteousness spirit of Hung Mun" while re-establishing the Hung Mun brand. Simultaneously, it acts as a cultural heritage link for the “Belt and Road” initiative, fostering a shared and prosperous global Chinese economic and cultural ecosystem.
HUNG is anchored to a trillion-dollar scale Chinese economic ecosystem, utilizing a dual-token issuance structure of "investment coin - stable payment coin." By applying the principle of a dual helix ascending model, it provides a comprehensive application model and a sustainable value growth system. It addresses two major pain points in the blockchain industry: unstable token values and overvaluation, which hinder payments and commercial implementation. HUNG exemplifies the organic integration of blockchain technology with economy and culture, benefiting the global Chinese community.
HUNG serves multiple value voucher functions: As an identity voucher, it recognizes both new and old members of Hung Mun, acting as a new form of identity certification and rights token, sharing brand influence and promoting Hung Mun culture; As a social voucher, it facilitates various exchanges and collaborations of value and resources among global Chinese communities; As a payment voucher, it enables seamless consumption within integrated global Chinese establishments, such as Chinese restaurants, language training institutes, and martial arts schools, while enjoying stable payment prices equivalent to fiat currency in cross-border transactions, eliminating high transfer fees; As a legacy voucher, it carries forward the Hung Mun spirit and provides public welfare assistance to millions of Chinese as a collective. With the global circulation of HUNG tokens, holders, including enterprises, individuals, and organizations, naturally become part of the new Red Flower ecosystem, sharing the influence and development dividends of the HUNG brand, along with revolutionary upgrades to business models brought about by HUNG technology.