Focusing on operating HyFi Platform,BioPower Operations Corporation (OTCMKTS:BOPO) announced on October 1, 2021 that the wholly-owned subsidiary HYFI Corp has made an early launch of its NFT Blockchain Marketplace. A DeFi Platform utilising blockchain technology, it is open to all. It serves the following purposes: investors earning fixed returns as well as potential bonuses, owners of IP, Technology as well as licenses being able to raise capital as well as brokers earning money.
Decentralized finances exchange marketplace, HyFi harnesses principles based on creating an innovative ecosystem of financial services. It is accessible to everyone and would be launched by the end of 2021. The HyFi Token will be governance token and will be utilised as payment token for transaction fees on the Platform. The HyFi Platform will also feature cash flow NFTs.BioPower, plans to change name to HYFI and hence change its Symbol.
BioPower Operations Corporation, through its subsidiaries, intends to focus on operating HyFi Platform. The HyFi Platform is a proposed decentralized finances (DeFi) exchange marketplace utilizing blockchain technology. BioPower Operations Corporation was .incorporated in 2010 and is based in Aventura, Florida.
Market Reaction:
On Friday, BOPO stock fell marginally to $0.40 with more than 120K shares, compared to its average volume of 198K shares. The stock has moved within a range of $0.3850 – 0.5200 after opening the trade at $0.4695.
