HOKK Finance announced that it has named Lawrence Hutson as its new Chief Technology Officer.
In a press release recently shared with Finance Magnates, Lawrence Hutson, a Co-Founder of Travelocity, has been appointed by HOKK Finance, an original meme token that peaked at $800M market cap in May 2021, as its new Chief Technology Officer.
In the role, Hutson is of pivotal importance as he will focus on enhancing HOKK Finance’s decentralized finance ecosystem. Additionally, he will support the company’s global expansion and its product development plans in order to effectively compete with legacy banking.
A Short Review of Hutson’s Vocation
Concurrently, Hutson is already working on a number of different projects, including Co-Founder and Chief Technology Officer at AdLunam Inc.; Strategic Advisor for Metria Network and Chief Technology Officer at Aegis Studio. He has been working on areas such as blockchain, cryptos, NFTs, DeFi, smart contracts, decentralized applications, tokenomics and the metaverse.
Prior to his existing positions, he was CTO at Minterest for a brief period of four months.
Earlier, he simultaneously fulfilled the same title role of CTO at PAID Network, Master Ventures and Crypto Exchange Alliance during the same time period.
Before that, at CRMAdapt, he took on the challenge of Blockchain Architect, Co-Founder and Chairman of the Board for over two years.
While at Sequoya Analytics, he fulfilled the CTO post for five and a half years. He directed the design, launch and commercialization of a Data Science SaaS platform for historical analysis and forecasting.
In 2004, he founded NEXGEN Travel Distribution and took on the responsibilities as the CEO and Chairman of the Board.
Moreover, for more than three years he was the CTO at TRAVELWORM.COM. Located in Nevada, he rebuilt the company’s legacy software and engineering teams to prepare it for the M&A process into the consolidating online travel industry.
Further, he co-founded Travelocity and held the position of CTO where he guided the design and launch of the company, designed the architecture, recruited and managed the engineering team and much more.
According to his LinkedIn profile, his earliest known job was from June 1993 as an Architect and Software Developer Contractor for Verizon (formerly GTE).
What the Brand Needs
Hutson is joining HOKK Finance at a significant time since it has recently launched its Ethereum aggregator and an array of yield-earning NFTs.
Hutson stated: “I became interested in HOKK Finance since serving the project as an advisor. After working on numerous DeFi crypto projects as a CTO and Tokenomist, the utility of a DeFi token is near and dear to my heart along with frictionless crypto payment systems.
“For a meme token to make a transition to a DeFi player is simply genius if you consider how many DeFi platforms struggle to gain a strong community. By leveraging its brand and scaling its products to consumers globally, HOKK is uniquely positioned to grow exponentially. There are many unique features that do not currently exist together in the crypto space that come together to make HOKK what it is. This is why I am super excited to join HOKK as its CTO.”
In addition, the Global Brand and Business Manager at HOKK Finance, Mark Basa is convinced that naming Hutson as the new CTO is exactly what the brand needs so that it can be positioned above other meme tokens as well as present that its crypto and product range are real-world tools.
Basa points out: “We’ve now built all the infrastructure to scale the company. Our team is growing, our products are getting more features, and we’re just building and building away every single day - no matter what the market is doing.
“With Lawrence taking this c-suite position, we have an exceptionally experienced leader who has built and sold quite a famous company but also someone who has the experience we need to compete in one of the fastest-growing industries on the planet. Lawrence could help us become a market leader in a short amount of time.”
