Hacken Token
Crypto Overview
Overview
Hacken Token (HAI) is a utility token powering the Hacken ecosystem, which focuses on blockchain security, cybersecurity services, and Web3 security solutions. The token was launched to facilitate transactions within the Hacken ecosystem and provide governance rights to token holders.
Intended Utility
The primary intended uses of HAI include: accessing Hacken's cybersecurity services, participating in governance decisions, staking for rewards from security auditing fees, and receiving discounts on Hacken's security services. Token holders can also participate in the platform's security rankings and assessments.
Actual Utility
The token demonstrates active usage within the Hacken ecosystem. It is being utilized for its intended purposes, particularly in accessing security services and participating in the platform's governance. The project maintains regular development activity and continues to expand its security services offerings.
Token Distribution and Founder Assessment
The token distribution includes allocations for the team and early investors with standard vesting periods. The project demonstrates a balance between marketing efforts and actual development of security services. The founding team has established backgrounds in cybersecurity and maintains transparency in their operations.
Technology and Revenue Model
The primary revenue model revolves around providing cybersecurity services, security audits, and Web3 security solutions. The staking mechanism implemented follows a profit-sharing model rather than interest-based returns, which aligns with Islamic financial principles.
Crypto Impact
To assign a comfort level investing in Hacken Token from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Hacken Token.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.