Singapore, 3 Nov \u2013 Hona Pte Ltd (\u201cHon\u0101\u201d) is excited to announce that it has successfully secured its first investment from Draper University Ventures, after winning first place in Draper University\u2019s Fundamentals of Entrepreneurship program in August. The funds will be used to support the app development of Hon\u0101; a social accountability platform leveraging behavioral economics and blockchain technology. The new investment will enable Hon\u0101 to accelerate its mission to improve accountability in the world, one commitment at a time, especially for remote workers seeking improved productivity and motivation. Community is a key area of focus for Hon\u0101, with beta users having already pre-purchased memberships at hona.io. The funding will also support marketing and research efforts. George Siosi Samuels, founder of Hon\u0101, shares: \u201cWe\u2019re really excited about joining Tim Draper\u2019s investment portfolio, which includes the likes of Tesla, SpaceX, Telegram, Robinhood, Coinbase, and more. But more importantly, we\u2019re excited about the opportunity to expand our vision of improving accountability in the world. Having validated our idea with paying customers, we knew we were onto something. And when we won the pitching competition, it only confirmed our hunches. Remote workers are a growing population due to Covid-19. Procrastination is something almost everyone struggles with, and online privacy is a growing concern due to mass distrust. We believe our solution can help address these key issues.\u201d Andrew Tang, CEO of Draper University shares: \u201cWe are excited to back George and Hon\u0101 to enable people to reach their full potential by meeting their short and long term goals. Draper University Ventures was started to support our alumni with early stage capital and we are excited to be a part of Hon\u0101\u2019s journey.\u201d About the Company Hona Pte Ltd (\u201cHon\u0101\u201d) was set up in Singapore on 24 September, 2020, and is owned by George Samuels. Hon\u0101 is George\u2019s second venture that combines his passion for communities, productivity, and blockchain technology, which grew out of a productivity accelerator called The Pack. His first company was Fai\u0101, a community consultancy for progressive ventures, specializing in blockchain technology. About Draper University Legendary Silicon Valley venture capitalist Tim Draper started Draper University with a mission to accelerate ideas by igniting the entrepreneurial spirit globally. Through it\u2019s online and on-site programs, Draper University connects founders with an international network and capital to build the future.