Hacken Token

Purpose and Utility

Hacken Token (HAI) is the native utility token of the Hacken ecosystem, a cybersecurity consulting company focused on blockchain security. The token is designed to provide access to various cybersecurity services, including smart contract audits, penetration testing, and bug bounty programs.

Business Model

The business model revolves around providing cybersecurity services to blockchain projects and creating a decentralized marketplace for security researchers. Token holders can stake HAI to access services at discounted rates and participate in governance decisions.

Real-World Adoption

Hacken has established partnerships with numerous blockchain projects and has conducted security audits for various protocols. The token is actively used within their ecosystem for service payments and rewards for security researchers.

Development Activity

The project maintains regular development activity, with continuous updates to their security services platform and expansion of their cybersecurity offerings. Their GitHub repositories show consistent contributions and updates.

Token Distribution

The token distribution includes allocations for the team, advisors, and early investors, with vesting periods in place to prevent immediate dumps. A significant portion is allocated for ecosystem development and community rewards.

Revenue Model

The primary revenue streams come from legitimate cybersecurity services, with no involvement in interest-bearing activities or prohibited industries. The model focuses on providing real value through security services rather than speculative trading.