Hacken Token
Crypto Overview
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.
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.