1. What is HZN?

Introduction to Horizon Protocol (HZN)

Horizon Protocol is a decentralised synthetic asset issuance protocol based on the Binance Smart Chain. It is derived from Synthetix and aims to utilise a well-established derivatives liquidity protocol to serve the DeFi ecosystem.

Horizon Protocol allows users to create and trade synthetic assets that are tied to the value of real-world assets (such as stocks, commodities, etc.). This design enables users to trade these assets on the blockchain without actually holding them.

The main features of Horizon Protocol include:

• Decentralisation: Horizon Protocol is a decentralised protocol, meaning it is not controlled by any single entity.
• Synthetic Assets: The protocol allows for the creation and trading of synthetic assets that are linked to the value of real-world assets.
• Based on Binance Smart Chain: Horizon Protocol is built on the Binance Smart Chain, taking advantage of its high performance and low cost features.

In summary, Horizon Protocol is a decentralised protocol that provides synthetic asset trading services to the DeFi ecosystem.

2. Who founded HZN?

According to the provided information, the founders of Horizon Protocol (HZN) have not been explicitly mentioned in these search results. These results primarily introduce the basic information, functional features, and market data of Horizon Protocol, but do not provide specific details about its founders.

If you need to know about the founders of Horizon Protocol, it is recommended to visit its official website or relevant social media platforms, where more information about its founders may be found.

3. Which venture capitalists have invested in HZN?

According to the provided information, there is no direct mention of which venture capitalists have invested in the cryptocurrency HZN. The provided articles mainly discuss the venture capital trends in the cryptocurrency industry and the funding situations of some well-known projects, but do not specifically mention investment information related to HZN.

If you require information on HZN's investments, you may need to conduct further searches or look for related news and materials. Here are some well-known venture capital firms mentioned in the articles and the projects they have invested in:

• a16z: Invested in projects like Uniswap Labs and Yuga Labs.
• Polychain Capital: Invested in projects like Uniswap Labs and Babylon.
• Bitkraft Ventures: An important component of cryptocurrency venture capital.
• Dragonfly: Invested in projects like MyShell.
• Folius Ventures: Invested in projects like STEPN.

This information may help you understand the venture capital trends in the cryptocurrency industry, but for specific investment information regarding HZN, further searches are still needed.

4. How does HZN work?

How HZN cryptocurrency operates:

1. Underlying Technology: Horizon Protocol (HZN) is a cryptocurrency based on the Binance Smart Chain (BSC), utilising smart contract technology to realise decentralised finance (DeFi) services.

2. Synthetic Assets: The main function of Horizon Protocol is to create, manage, and trade synthetic assets that reflect the value and performance of real-world assets, such as commodities, currencies, and stocks.

3. Smart Contract System: The platform uses a complex smart contract system to mint, trade, and manage synthetic assets, ensuring a secure, transparent, and efficient environment.

4. Layered Design and Encryption Technology: Horizon Protocol employs a layered design and powerful encryption technology to ensure fast and secure transaction speeds.

5. Privacy Protection: The platform uses zero-knowledge proof technology to protect users’ transaction and personal information privacy.

6. Scalability and Security: Horizon Protocol features high scalability and security, offering a wider range of financial tools and services, enabling users to manage assets and invest more flexibly.

7. Token Economics: HZN has a circulating supply of 120,707,110, with a total issuance of 236,557,873, and the maximum issuance limit is not set.

In conclusion, Horizon Protocol (HZN) provides a secure, efficient, and flexible decentralised financial solution through smart contract technology and the support of Binance Smart Chain, aiming to bridge the gap between traditional financial markets and the world of cryptocurrencies.