Investing in HanaGold: Perspective from FundGo

After the event HanaGold appear on air Shark Tank Vietnam season 5, many mixed opinions about this project were raised by the community after watching the program. Some expressed doubts about the type of business as well as the legality of the project. Meanwhile, there were still comments expressing interest and confidence in the potential of this innovative model.

As one of the investors in HanaGold, FundGo also wants to share the team's perspective on the project. Representative of the Fund's Executive Board - Mr. Nguyen Chi Cong (Director of the Fund Management Company), said: "FundGo always prioritizes incubating and supporting innovative startups, especially projects applying blockchain technology. HanaGold's pioneering idea of bringing this technology to the jewelry sector has made a strong impression on the Fund's executive board. This is the first project in the jewelry sector that FundGo chose to sign an investment contract at the fund's launch ceremony on March 21, 2022 with a capital of up to 250 thousand USD." 

The current growth potential of the gold market is huge due to the high inflation rate after the pandemic. According to the Gold Demand Trend Report for the first quarter of 2022 just released by the World Gold Council, Vietnamese people buy the most gold in Southeast Asia, and this number is expected to continue to increase. Therefore, if successful, the HanaGold project will be able to generate large revenue, while creating a breakthrough for the jewelry industry, bringing great significance to the digital economy that the Government is aiming for. 

Mr. Cong also shared that HanaGold has gone through FundGo's rigorous project appraisal process, from information review steps, financial reports to many direct meetings with the project team. Thanks to that, the Fund will have an overview and make objective comments to decide whether to invest or not. "We see that the 4.0 jewelry store is a new model and the HanaGold team is also very young. However, they are very passionate about the project, always have a spirit of learning to develop their expertise. If they have the right direction and support and advice from technology and legal experts, this idea is completely feasible and has the potential to break through the traditional model."

Commenting on this business model, the Advisory Board of FundGo's leading experts also gave a positive assessment of the HanaGold team's constant efforts to update and properly apply legal regulations and State policies in business operations. This will protect the interests of individual investors, organizations, businesses, and those who wish to have more opportunities to invest in financial development with the HanaGold 4.0 jewelry platform. The advisors also added: “HanaGold's quick grasp of new trends in business development through parallel promotion of traditional business and building multi-channel e-commerce has helped the ecosystem and 4.0 jewelry store business model make positive progress. HanaGold brings opportunities for anyone to invest and manage personal finances. In particular, when applying 4.0 technology to gold trading - a popular investment channel, HanaGold has come up with a direction that is extremely in line with the inevitable development trend of the market: fast, convenient and transparent.”

With the optimistic growth figures from the project, FundGo always believes in the development potential of HanaGold. In the coming time, the Fund will continue to support the project in terms of both capital and expertise from leading experts, helping HanaGold to further perfect its business model. We are always committed to accompanying and supporting projects in the FundGo ecosystem so that all can achieve brilliant achievements according to the set goals.