HI

Project Overview

HI (formerly Hi Dollar) is a membership-based crypto ecosystem aiming to bridge traditional finance with Web3. The project is run by hi.com and offers a mobile application that combines crypto services with traditional banking features.

Purpose and Utility

The HI token serves multiple utilities within the hi.com ecosystem: membership levels determination, rewards for daily check-ins and referrals, governance participation, and trading pairs on their exchange.

Business Model Evaluation

The platform operates a legitimate exchange business model with clear utility for its token. The ecosystem includes trading services, a mobile wallet, and various membership tiers that provide different benefits to users.

Real-World Adoption

The project has achieved notable adoption with over 3 million reported members. They have obtained licenses in various jurisdictions and partnered with Mastercard to offer crypto-linked cards.

Platform Development

The project shows consistent development activity with regular updates to their mobile app and platform features. They operate on both Ethereum and BSC networks.

Token Distribution and Vesting

The token distribution includes mechanisms for daily rewards and membership benefits. While detailed vesting schedules for team tokens aren't publicly available, the project has maintained consistent operation since its launch.

Revenue Model Analysis

The platform generates revenue through trading fees and membership services, which aligns with halal business practices as it involves actual service provision and value exchange.