Welcome to Hacken, a blockchain security company founded in 2017, dedicated to transforming Web3 into a safer place. As official partners of BNB Chain, Polygon, and NEAR, Hacken is at the forefront of Web3 cybersecurity. Our next growth direction is the B2C space, centered around our vibrant community and the HAI token — a community-driven work-to-earn/learn-to-earn, governance, and ecosystem token. This token is key to maintaining a stable and prosperous ecosystem, backed by a top-3 cybersecurity company.

The HAI token offers various utilities and benefits within the Hacken ecosystem:

• Hacken Equity Tokenization: Ability to own shares of Hacken through HAI tokens and gain close contact with the team, exclusive access to board meetings, Hacken Gathering events, and exposure to classic exit strategies such as future public offerings or share buybacks during Hacken investment rounds.
• HEDI (Hacken Engineers Day Index): Price-protected investment into $HAI token through synthetic asset backed by Web3 security experts. HEDI is a perpetual options contract on $HAI backed by stableprice tire 1 cybersecurity services. HEDI directly links Hacken B2B revenue and native $HAI token capitalization growth.
• HAI Flash Pools: Hacken is redefining Web3 security with a hybrid audit model that uniquely benefits both clients and the community. Leveraging elite white-hat hackers, we fortify Web3 projects through HAI token flash pools. Starting Q3 2024, our post-audit phase includes a 30-day community-backed bug bounty program to rigorously test our vulnerability assessments. Clients gain enhanced security and comprehensive protection, with the added trust from battle-testing by elite white-hat hackers. The community earns up to 240% APY through HAI flash pools.
• Trust Army: Introducing the DYOR certification platform, which enhances Web3 security and transparency through community-driven research and verification of blockchain projects. This platform is united with the community and is planned to be integrated into the Gitcoin Passport, which serves as proof of humanity. The most valuable members of our community will have exclusive access to allocations and early updates, setting a new standard in community-supported verification and trustworthiness.
• hDAO: A decentralized organization within the Hacken ecosystem that allows HAI token holders to participate in governance. Members can propose ideas, create Requests for Proposals (RFPs), and vote on important decisions, ensuring a community-driven approach to the project’s development.

HAI Token Evolution

In 2022, Trust Army took a bold step by transforming the HAI token into a work-to-earn, product-utility, and governance token under the management of the decentralized autonomous organization, hDAO. With 22,000 holders and a daily volume of 500,000, this is just a statistic from DEX. This evolution has deepened community engagement in the development and direction of our ecosystem. Today, we have 22,000 holders and a daily volume of 500,000, only counting DEX statistics. The HAI token plays a key role in expanding our ecosystem, ensuring that each owner contributes to and benefits from our collective success in enhancing the global security of Web3.

We are pleased to announce the migration of the HAI token to the Layer 2 Base Network. This transition unlocks access to a vibrant new ecosystem brimming with opportunities and innovative products, including Flash Pools. By joining the L2 Base ecosystem, we can reach a broader user base and introduce a suite of new features in our application. This strategic step is a significant milestone on our journey towards Coinbase.

Introduction to hDAO

As we transitioned the HAI token into a versatile tool for community governance, hDAO emerged as the central governing body, embodying diversity, equity, and inclusion. hDAO enables every ecosystem member to propose, vote, and implement changes, ensuring that our community’s voice shapes our strategic path. This open and inclusive governance model demonstrates our commitment to a community-first approach, guiding the future of our ecosystem.

Hacken is growing with programs like Trust Army, DYOR Courses, and Alpha Intelligence. HackenDAO will enhance collaborative strength and contribute to blockchain security, helping build a secure Web3. The HackenDAO whitepaper outlines our vision to foster collaboration, incentivize contributions, and involve the community in shaping blockchain transparency.

Exploring the hAI App

The Hacken App is the gateway to the HAI ecosystem, providing access to various utilities like Trust Army, hDAO, and DYOR courses shortly. Key features include:

• Trust Fuel: Earn Trust Fuel by completing Trust Army tasks.
• Ranks: Achieve Trust Army ranks for more earnings and Academy access.
• Infrastructure Staking: HAI Infrastructure Staking is your gateway to securing a stake in the future of cross-chain operations and HAI’s upcoming expansion on Base. By participating in this program, you’re not just a passive observer – you’re an active contributor with the potential to reap substantial rewards.
• Farmings: Participate in LP and tokens farming from different projects, maximizing your returns through diversified opportunities.
• Special Opportunities: Access DYOR courses and DYOR Certification for enhanced learning and earning potential.

Membership levels come with various benefits. Staking tokens for 12 months grants membership and hDAO voting, while discounts, event invitations, and educational programs provide additional incentives. The hAI app facilitates seamless interaction with hDAO and serves as your all-in-one mobile gateway to the Hacken ecosystem, enhancing user engagement.

Engage with Our DYOR Community

Our DYOR community embodies the collective spirit of Trust Army, thriving on knowledge, collaboration, and proactive investigation. Embracing the philosophy of “Doing Your Own Research,” our community members share insights, learn from experts, and explore new developments in blockchain technology. This active participation enriches each member’s understanding and fortifies the overall integrity and safety of the blockchain ecosystem.

Take part in a wide range of exciting activities and opportunities designed to engage and empower you:

• Contests and Raffles: Participate in exciting contests and raffles to win HAI tokens and other rewards.
• Workshops and AMAs: Join educational workshops and Ask Me Anything (AMA) sessions to gain valuable knowledge and insights.
• Social3 Activities: Engage in various Social3 activities to connect with other members and contribute to the community.
• Feedback Sessions: Share your thoughts and help shape the future of our ecosystem by participating in feedback sessions.
• Special Access for Membership Owners: Enjoy exclusive benefits as a membership owner, including participation in the hDAO voting process, access to private rounds with the first CVPad allocation, and direct communication with the Hacken team. Get the inside scoop on future products like Flash Pools and the next HAI token utility and take part in the first tokenization round.

Join the DYOR community to engage in contests, quests, AMAs, and more. Enjoy rewards, payouts, cross-collaborations, and allocations for DYOR members. Be part of the success story of our first allocation and jump in for fun and profit.

The features of the platform being developed by DeXe DAO Studio were previously detailed in the article “hDAO Undercover Partner”. In this material, we revisit the main functionality of the platform that hDAO will be utilizing.

This update also sheds light on the next steps that will bring us closer to the full launch of both the on-chain and off-chain components of hDAO’s operation.

What This Partnership Brings to the Community

Our partnership with DeXe DAO Studio signifies a pivotal moment in the journey of hDAO. It unlocks new possibilities for governance, collaboration, and community empowerment. Here’s what this means for you:

• Community Empowerment: The creation of the Expert DAO will empower our community members by giving them a stake in hDAO’s governance.
• Decentralization: We are moving towards a more decentralized future where every voice counts, and community decisions shape the course of hDAO.
• Exchange of Expertise: This partnership facilitates a constant exchange of experience and expertise with other DAOs. We’re not just building a stronger hDAO; we’re actively contributing to the broader DAO ecosystem.
• Expert DAO Membership: As a member of hDAO, you’ll have the opportunity to become a part of an Expert DAO. This isn’t limited to hDAO but extends to other DAOs as well. Your voice and expertise will matter in shaping the future.
• Showcasing Personal Expertise: The collaboration allows you to broadcast your personal expertise through new collaborations. Your insights will contribute to the growth of hDAO and the broader crypto industry.
• Amplifying Our Industry Position: By harnessing our collective expertise and making real contributions, we’re amplifying Hacken’s position in the crypto industry. We’re not just observers; we’re active participants shaping the industry’s future.
  

This partnership with DeXe DAO Studio aligns perfectly with our commitment to diversity, equity, and inclusion. It represents a significant step towards creating a safer and more inclusive Web3 environment.

Empowering the Community with an Expert DAO

But that’s not all. We’re excited to introduce an Expert DAO designed to harness the collective power of our community members. This Expert DAO will be composed of dedicated community members, and we are excited to announce that a portion of the voting power will be delegated to this entity.

Expert DAOs will play a crucial role in shaping the future of hDAO, and we will provide further details about the selection process for this DAO in the near future. This move towards decentralization empowers our community, ensuring that every member has a voice in the decision-making process.

Welcoming SubDAOs

In addition to the Expert DAO, our partnership with DeXe DAO Studio brings another exciting development – SubDAOs. These are autonomous branches of our decentralized organization that operate independently while remaining aligned with the main DAO. SubDAOs come with their own autonomy, economic incentives, and decision-making mechanisms, all while maintaining coordination with the overarching SuperDAO.

Flexible SubDAOs prevent centralization of authority and encourage active participation from every community member. They also provide an avenue for hDAO to become an expert DAO for other organizations and to gain voting power in other DAOs, resulting in a nominal allocation of treasury.

A Noteworthy Addition: Our Co-Founder and CEO, Dyma Budorin

We’re delighted to announce that our Co-Founder and CEO, Dyma Budorin, will be a key participant in the DeXe Expert DAO. His expertise and vision will provide invaluable guidance to the DAO’s initiatives and decisions, further solidifying our commitment to community-driven governance.

Empowering Expertise: Taking the Next Step

At hDAO, we’ve been dedicated to empowering every member of our ecosystem to contribute to Hacken’s growth and success. With the establishment of our Quality Control Committee (QCC) and the first round of RFP submissions, we’ve witnessed our community members evolve into cybersecurity experts actively shaping the future of Hacken.

Now, in partnership with DeXe DAO Studio, we are taking our commitment to the next level. The Quality Control Committee will gain exclusive access to DeXe’s DAO Studio closed beta within a matter of days. This privileged access will enable them to assess and set up this cutting-edge platform, ensuring a seamless integration of DeXe’s capabilities into hDAO’s ecosystem.

It’s time to prepare your applications and showcase your full potential. Whether you excel in the Trust Army or DYOR 101, your skills deserve recognition. By becoming a participant of the future Expert DAO or SubDAO, you not only join a community of industry leader but also gain the opportunity to make a significant impact on the future of Web3. 

Join our Discord community to share your thoughts and be part of the conversation as we make history together.

About DeXe

DeXe DAO Studio is an advanced DAO creation and management platform, featuring an intuitive interface, built on the DeXe Protocol. It empowers DAO creators and members to build DAOs that have faster, more sustainable, and more equitable growth based on the principles of transparency, community, and incentives.

Unlocking Power of Governance

There are some common critical challenges that DAOs can face, such as potential abuse of authority, false decentralization, and centralized control over decision-making. 

With months of negotiations, we have been working on integrating the hDAO governance into one platform that can address common issues of decentralized governance. This partnership offers a brand-new approach, and we see its relevance for our evolving hDAO. The platform we will integrate hDAO with is in the development stage and will be announced soon. 

What are the benefits this partnership brings to each HAI holder and hDAO member?

• Ability to run DAO fully decentralized, preventing plutocracy
• Constant exchange of experience and expertise with other DAOs 
• Ability to become a member of an expert DAO (both hDAO-based and other)
• Personal expertise broadcast through new collaborations
• Space to keep on amplifying Hacken’s position in the crypto industry with expertise and real contribution.

DAO Platforms Overview

To define the most convenient platform for hDAO, we reviewed the most regnant products in the market. We’ve been considering Karma, which offers a reputation system that grants visibility into a DAO’s contributor activity, but the product we’ve chosen provides another unique value of a non-linear, quadratic voting system and automated rewarding, ensuring no undue influence over governance operations. 

We also explored Tally, where usernames (ENS) are required when contributing to DAOs which can be a removing obstacle for participation. The partner’s solution we’re integrating with ensures a simplified user experience for each Hacken member. 

The partner’s solution also provides an automated rewarding system, laid down in the on-chain platform’s functionality. Thus, each reward of 1,000 HAI for full-fledged proposals will be automatically granted to a requester.

More Autonomy & Scaling with SubDAOs

The platform our hDAO will be integrated with allows us to create and manage a subDAO, an autonomous branch of a decentralized organization, operating independently while remaining aligned with the main DAO. SubDAO functions with their own autonomy, economic incentives, and decision-making mechanisms, while still having some level of coordination and relationship with the overarching superDAO. By incorporating flexible subDAOs, the considered platform prevents authority centralization and encourages active participation from every community member, alongside benefiting a DAO in case of its scaling and growing in members’ amount. Additionally, the platform enables subDAOs to become an expert DAO and to obtain Voting Power in other DAOs, which results in the nominal allocation of treasury. 

Addressing Security Issues

One of the most prevalent challenges faced by DAOs is sybil attacks. This type of attack involves a single entity or a group creating multiple fake identities to gain unwarranted control over the decision-making process. The consequences of a successful sybil attack can be detrimental, resulting in skewed voting outcomes and undermining the democratic principles at the core of DAOs. Strong focus on security with mentioned non-linear voting and revision systems can significantly decrease such risks.

Expert DAOs and Collaboration

Besides subDAOs, the platform enables expert DAOs, consisting of professionals who possess high knowledge in a particular field. In this way, hDAO can become an expert DAO for another organization and approach newcomers with intellectual leadership from other communities. 

• Through active participation in an expert DAO, you can demonstrate your expertise, enter new projects, solve problems they set, and all without the need to invest in their tokens.

Through shared expertise, the platform enables hDAO to allocate its governance tokens (HAI) to other expert DAOs involved in hDAO, contributing to make it grow steadily. Synergistically solving each other’s problems, this collaborative model sets us apart from traditional token-holding practices in the Web3 space.

hDAO as Trailblazing Cybersecurity Expert DAO

With the partnership we’re working on, hDAO will become the pioneering expert DAO in the cybersecurity sector on the platform, approaching collaborations with more organizations to onboard hDAO as their esteemed expert and further solidifying its position as a trusted and sought-after partner in the cybersecurity landscape. 

Conclusion

The platform we are considering for hDAO governance can effectively address the common questions raised in decentralized governance through anti sybil-attack methodology, subDAOs & expert DAO prospects, thereby opening new avenues for the Hacken community to collaborate, scale, and grow personal expertise of each member. 

Stay tuned for further updates as we reveal the name of our esteemed partner and embark on this exciting new chapter together. 

Leave your feedback on the functionality we have described and let us know if you find them relevant to hDAO on our Discord. 

The first hDAO committee, known as the “Committee on Quality Control, Regulations, and Organization of Work of the hDAO,” will have a crucial role in establishing the foundation for the future hDAO structure and regulations.

The committee’s primary responsibility will be to discuss and approve the rights, procedures, and formats related to various important topics, including:

• Formation of requirements for committee work, procedure, and organization (regulations)
• Formation of requirements for committee membership exclusion (code of ethics)
• Formation of rules for the committee head’s appointment and removal
• Election of the Committee Head
• Approval of the format for submitting official chain RFPs (form)
• Approval of the conditions for considering RFPs in the committee (quorum regulations)
• Approval of the procedures for reviewing RFPs (required data, temperature check, etc.)
• Establishment of the primary committee structure
• Approval of the DEI (Diversity, Equity, and Inclusion) principle in hDAO
• Formation of procedures for hDAO and corporate interaction (committee, head rights)
• Approval of the procedures for RFPs distribution among committees
• Formation of the exceptional conditions regulations
• Creation and approval of the primary hDAO manifesto
• Definition of quorum requirements for committee meetings.

It’s important to note that the topics mentioned above are just examples, and there will be many more areas that the Committee on Quality Control, regulations, and Organization of Work of the hDAO will need to address. For instance, the Committee Members need to establish the main regulations and procedures for conducting meetings, including the order of procedures, voting rules, and frequency of meetings. They will also need to identify the tools and technologies that will be necessary for the smooth functioning of the hDAO, such as communication platforms, decision-making tools and formats, and collaborative software. They need to ensure that the hDAO complies with all relevant good practices, laws, and regulations.

Overall, the Committee on Quality Control, Regulations, and Organization of Work of the hDAO will play a critical role in establishing the initial framework for the hDAO, which will serve as the foundation for all future committees and governance structures.

The decisions they make will have far-reaching implications for the organization, and it will be essential for them to carefully consider all aspects of the hDAO’s operations and ensure that they align with its overall goals and objectives.

On March 1, 2023, we announced the updated HAI Tokenomics that addresses the new strategic track of our Hacken.AI ecosystem: building a public goods community of like-minded individuals who contribute to building Web3 trust, transparency, and security.

For an end-user, Hacken.AI is an X-ray to verify tokens’ reliability through data, tools, and community.

Let’s capture the main points described in the Tokenomics Paper to obtain an overview of the HAI token use cases.

What Is HAI Token?

HAI is a native and utility token that accesses the Hacken.AI ecosystem consisting of cybersecurity products, services, and the Membership Program. Being an engine for ecosystem operations and development, the token is underlined by deflation and liquidity-growth mechanisms.

Token symbol: HAI

Token type:

VIP180 0xacc280010b2ee0efc770bce34774376656d8ce14

BEP-20 0xaa9e582e5751d703f85912903bacaddfed26484c

ERC-20 0x05Fb86775Fd5c16290f1E838F5caaa7342bD9a63

HAI use cases: Product utility, Work-2-Earn, governance.

Total supply: 1,000,000,000 HAI

Circulating supply (March 29): 646,840,772 HAI

The latest update on HAI has led to the transformation of the token product-utility, Work-2-Earn, and governance nature, enabling the ecosystem products to operate and be accessible for holders. Tokenomics accommodates the interests of Web3 players’ variety who pursue the goal of building Web3 Trust and increasing transparency, alongside implementing mechanisms for liquidity growth and deflation. Products are the core of the Hacken ecosystem as it creates HAI utilities, solves users’ goals, and unites the company with its community. Every product has its own HAI utility and use case that drives demand.

HAI Token Use Cases

Product utility

Trust Army (a platform that provides users with Web3 data collection tasks and education): HAI is used for staking, rewards boosting, and receiving accesses inside the platform. Staking provides users with Trust Fuel, a unit that allows completing more reports within the 4 levels in Hacken Membership Program, and for locking of tokens to submit Requests-for-Proposal.

hDAO (Hacken Decentralized Autonomous Organization): HAI is used for staking to obtain Voting Power with 1–3% APYs, powering decision-making.

ETD (a cybersecurity token that bakes the time of the Hacken Smart Contract Audit Team): the HAI use case that enables auditing services purchase with HAI token and organic market demand and liquidity growth.

HackenProof (the Hacken bug bounty platform): the token use case motivates ethical hackers to join the Membership Program, purchase HAI Coupons, and access extra bug bounty rewards in USDT.

Hacken Extractor (an on-chain smart contract security monitoring system): the token use case allows business parties to benefit from HAI-based subscriptions or Hacken Membership and pay 20–30% less.

hAI (ex. HackenAI): the mobile key to the HAI ecosystem management that grants Membership for staking to unlock a range of benefits and privileges.

Governance

HAI is a governance token in hDAO. The use case of HAI accesses the voting process and participation in HackenDAO for wide-ranged Web3 users.

Work-2-Earn

HAI is a Work-2-Earn token in Trust Army. The use case enables the Trust Army functions for wide-ranged Web3 users, where HAI figures as the payment method for Trust Army users for submitted reports with collected data on Web3 projects.

The Tokenomics Paper provides HAI distribution for Q1 2023

Being evolving to hDAO, we’ve announced the token distribution to the Treasury for 2023

More details in our Tokenomics Paper.

Now, the Hacken.AI team follows the Token Roadmap on schedule and works on products set out in Q1/Q2 2023.

To learn more and discuss the Tokenomics Paper, join Hacken Discord.

The Hacken goal is to create a strong and trustworthy ecosystem to pave the way for the future of Web3. In 2022, we decided to change the HAI structure and community to its roots by creating a fully decentralized organization that manages HAI. Established in 2017, the Hacken community is evolving and scaling into hDAO.

In the Web3 industry, transparency is the key. Without it, the space will continue to be plagued by inferior projects with weak concepts, fraudulent activities, poor tokenomics, and scams that harm investors and the community. While data is critical to identifying bad actors, it’s so only through a motivated and fair community that this open, up-to-date, well-structured, and easy-to-use data can be collected and processed. That is why we released the new HAI Tokenomics, aiming to build Verifiable Trust in Web3. with the support of public goods and community-driven initiatives.

The new Hacken Tokenomics represents a crucial step forward for Hacken and the industry as it pioneers a new standard for its incentivization. The Tokenomics structure is designed to connect Hacken products, and encourage holders to participate in the ecosystem. With its transparent, fair, and deflationary structure, the new Tokenomics attracts a wide range of individuals committed to contributing to the industry.

Starting in 2023, HAI holders will be contributing to the Web3 industry, fortifying security, and developing public goods initiatives.

The new Tokenomics for HAI is set to revolutionize the HAI token and transform it into a Work-2-Earn, governance, and product-utility token. The new tokenomics structure connects all existing products with new ones, sharing a common idea, functions, and token mechanisms and pursuing the following goals:

• Convert the HAI token into an incentivized asset that brings value to the industry
• Implement a DAO governance model
• Connect B2B services success with HAI token
• Structure existing and future products with one key idea and build bridges with common mechanics for them
• Enhance current HAI token utilities such as Membership, special education programs, and services access;
• Create clear and high-powered deflationary mechanisms.

HAI Ecosystem Products and Utilities

The main HAI ecosystem products include ETD, HackenProof, Extractor, Trust Army, hDAO, and hAI as the core of the Hacken ecosystem, creating HAI utility, solving user goals, and uniting the company with its community.

ETD

The first cybersecurity stablecoin that bakes time for auditors’ teamwork — ETD (Engineering Team Day), connecting the Hacken business services with the HAI token.

Utility: the innovative offer allows B2B clients to buy 1 workday from a Hacken Auditor team of 4 people for 1 ETD at a fixed HAI/USDT price and merges Hacken business growth success with 3 pillars of successful Tokenomics: the organic market buying process, permanent liquidity growth, and deflationary mechanisms.

Hacken Extractor

A smart contract monitoring system by Hacken is designed to track code execution, transactions, and contract upgrades with over 1,200 potential users.

Utility: the system will be available for use with the HAI subscription plan, providing a 20% discount.

HackenProof

A bug bounty platform designed to find vulnerabilities and test the security levels of Web3 and Web2 products.

Utility: a new utility encourages white hat hackers to get higher rewards for detecting vulnerabilities through HAI Coupons purchasing. The Coupons come in three ranks: Rare, Epic, and Epochal, with higher membership levels providing access to more valuable coupons. All the Coupons offer a 5% bonus to the bounty.

Trust Army

A public goods initiative dedicated to improving the security and transparency of the whole Web3. It consists of two parts: Academy and Missions. Academy offers to gain web research skills and knowledge, while Missions focus on researching potential tokenomics and circulation supply issues like suspicious activity in Web3 projects.

Trust Army enables top players in the industry to convey timely, fresh, and objective information about the health of projects in the market, marking the Hacken contribution to Web3 development and its trustworthiness.

Utility: a Work-2-Earn utility allows Trust Army Workers and Validators to get rewarded for their correct reports and reports’ validation. Trust Fuel — another key component of the Trust Army utility, providing holders with daily allowance to access Trust Army Tasks.

hDAO

hDAO is the decentralized autonomous organization of the Hacken ecosystem, which plays a pivotal role in the whole Hacken ecosystem, as it is the main driver for future ecosystem and HAI token development. All HAI holders can offer incentives, submit RFPs, and vote on Proposals with Voting Power, ensuring a democratic decision-making process.

Hacken invites all Web3 enthusiasts to become a part of hDAO to join the development of our cybersecurity initiatives that will be valuable and on-demanded for each industry’s player.

Utility: an essential utility for hDAO that provides Voting Power (VP) to participate in hDAO governance with a 3% APY or delegate their VP to other users, known as Delegates, with a 1% APY. Another novelty lies in HAI locking for Requests for Proposals (RFPs) creation.

hDAO starts completely managing the HAI Treasury, making all decisions and actions with HAI tokens transparent and preventing any hidden activities that may lead to token liquidity and price decrease.

hAI

hAI is a single mobile key to the whole HAI ecosystem, providing access utility products: Trust Army, hDAO, HackenProof, and Extractor.

Utility: as an HAI utility, hAI enables entering the Hacken Membership Program, Voting Power and Trust Army Fuel obtaining, participation in hDAO Committees, HAI Coupons purchasing, Soulbound Tokens management system, and opens unique opportunities for the Membership superior levels.

Soulbound Tokens: Innovative Membership Management

Soulbound Tokens (SBTs) are non-transferable lifetime access approval and achievement medals in the form of NFTs. They are attached to the owner’s wallet (soul) only and reflect the user’s reputation and engagement with Hacken products. SBTs can be used for access control, membership management, and rewarding members for their contributions to the Trust Army and hDAO communities.

HAI Technical Infrastructure

The HAI ecosystem has undergone significant updates in its Tokenomics, which have impacted the technical infrastructure of the ecosystem, particularly its on-chain components.

Based on new Tokenomics and products technical requirements, in 2023, Hacken will update its smart-contracts structure. Because of the major issues the new HAI ecosystem architecture meets, the HAI ecosystem products will be deployed to a new chain — Ethereum L2 (the one that will be announced in Q2 2023). hDAO, Trust Army, ETD, hAI, and Membership will work on Ethereum L2.

HAI Distribution

Based on a new stage of HAI ecosystem development and visions of transparency and trust — Hacken shares detailed distribution of HAI tokens with its community, investors, and other parties.

HAI Roadmap

As a part of core improvements, the Tokenomics Paper contains the updated HAI token Roadmap for 2023 and Q1 2024.

This announcement contains key innovations in terms of the new HAI Tokenomics release. To get acquainted with all Tokenomics novelties, read the HAI Tokenomics Paper by following the link and discover the updated Hacken.AI website.

At hDAO, we’re all about empowering our community to build a secure Web3 ecosystem that’s inclusive for all. To achieve the mission, we’re creating a platform that welcomes promising ideas and proposals from anyone in our community.

As befits DAOs, the hDAO governance process is divided into two parts — Request for Proposal (RFP) that promotes a rough idea and the reasoning for the change, and the Proposal itself — a fully-fledged document with an already existing vision of technical implementation. An RFP is a low-level unit to test the waters and shape the idea for something viable. Proposals are refined ideas that go through several checkpoints before they are available to be voted on. Proposal processes can be on-and off-chain in nature.

Each step of the governance process is powered by the HAI token.

Explaining Request-for-Proposal

Participation in hDAO starts with obtaining HAI, our governance token. By having some of it in one’s possession, an HAI holder can create Requests-for-Proposal, a document containing suggestions and describing possible changes in how hDAO would operate. Based on Diversity, Equity, and Inclusion principles, each member of the HAI community who has an idea can apply it in the form of an RFP.

An RFP is needed to ensure that a concept to be transformed into Proposal is fair, efficient, and doesn’t include spam, low-quality, or are-not-aligned with hDAO mission ideas.

To apply for an RFP, a holder needs to use a template and fill it out to submit his idea for a Committee review.

As was announced before, by staking a particular amount of HAI, a Member receives an equal amount of Voting Power that enables his right to participate in governance. To enable submission of RFP, it will be required to lock a certain amount of HAI. Such a step helps prevent spam and time wasting and shows a certain level of Member commitment and confidence regarding the effectiveness of the concept he offers to hDAO.

hDAO Committees

Let’s review hDAO Committees in more detail. Committees will be divided by field of expertise and influence. Primarily, they will be based on the most crucial topics that impact our growth. Each Committee will be formed from individuals with expertise in different areas. To become on a Committee, they should be selected by active community members, contribute to the ecosystem, and prove their expertise in needed fields.

The first step in establishing hDAO will involve forming the Quality Control Committee, which will play a crucial role in initiating the hDAO. The Quality Control Committee will oversee two important steps in Proposal formation, first as RFP and then as fully-fledged Proposals. It will also play a significant role in understanding the structure and forming other Committees, for example, those focused on controlling the work in fields such as Marketing and Business Development, Trust Army Management, Liquidity Management, and more.

Committee Review

When an RFP is submitted, it goes through a thorough review process by members of the Quality Control Committee. It assesses the idea’s potential, feasibility, and alignment with the hDAO mission before voting on approval or disapproval of it. That means only the best RFPs make it through to the next stage, which fits into the industry standards of the government process.

If an RFP is approved by the Committee, an RFP submitter gets back his HAI locked for the submission. In case of a declined RFP — the locked tokens will be sent to the hDAO Treasury and partially burnt.

Only after completing the steps described above, an RFP can be transformed into a Proposal by a Delegate and sent back to the Committee. The latter considers the Proposal, and either sends it back for revision or approves it to be voted on. If the Proposal is approved, a Delegate puts it on to the vote for further decision-making in the form of on-chain or off-chain voting.

Committee and Treasury Budgeting

As hDAO continues to take shape, the Hacken core team has finalized the decision regarding the distribution of the remaining HAI Treasury within departments and products.

For the year 2023, pre-selected budgets have been set for each department as follows:

• 10,000,000 HAI for Marketing, Business Development, Technology, and other growth initiatives
• 10,000,000 HAI for ETD Treasury
• 5,000,000 HAI for Trust Army soldiers and validators payouts
• 5,000,000 HAI for Liquidity Management
• 5,000,000 HAI for Governance APY payouts
• 5,200,000 HAI for Staking APY payouts

Hacken allocates budgets to departments for hDAO to take over the management of these budgets upon final formation. That means that only hDAO will have the power to decide what funds should be spent and what funds should remain untouched. Treasury Management will operate — that is one of the most significant roles in hDAO. Treasury Management will distribute the budget between different fields and products.

Furthermore, Hacken is pleased to announce that starting the next year, 325,000,000 HAI scheduled for unlocking and distribution will be fully transferred to the hDAO Treasury.

With the tokenomics update, only time-locked hDAO Treasury wallets and burn addresses would be deducted from the total supply to calculate the circulation supply figure. Respected changes will be implemented at CoinGecko and CoinMarketCap.

That is a significant milestone for Hacken, representing a step towards building a more decentralized and transparent ecosystem. Finally, the community will get a straightforward opportunity to influence growth with transparent tools and budgeting.

Voting for Proposal

Of course, we haven’t forgotten about the on-chain and off-chain Proposal process. Once a Proposal is approved by the Committee, it will be finally voted on. Voting is ultimately on our DAO Members and Delegates, who hold Voting Power to make decisions for the ecosystem.

As previously announced, Voting Power will be equal to the number of staked HAI tokens. Whenever community participants stake their HAI in our app, there is a choice for them to keep Voting Power to themselves or to delegate all of it to a qualified Delegate. Voting Power is revocable, and we will encourage people to be mindful of whether their Voting Power is used for voting.

hDAO Opens its Door for You

At hDAO, we always strive to create a more secure and inclusive Web3. Our Committee system is just one of the many ways we work on achieving this goal, and we’re excited to continue pushing the envelope in the months and years ahead.

Soon, the hDAO release paper will shed light on Committees’ and Delegates’ workflow principles, tools they will use, budgets, and chain network structure.

Become a part of the Hacken ecosystem today and start showing off your skills and expertise. By getting involved now, you will have a chance to bring value tomorrow and have the opportunity to shape the future of our ecosystem. Don’t miss out on this chance to be a part of something big and make your mark on the world of Web3 security.

Join our community today and let your journey with Hacken begin!

Diversity, Equity, and Inclusion (DEI) have become crucial principles for any organization, and they are especially relevant in the crypto world. Decentralization promises to create a more equitable and accessible financial system, but it must be accompanied by inclusive decision-making processes that reflect the needs and values of diverse stakeholders.

Deloitte notes that Diversity, Equity & Inclusion (DEI) are powerful drivers of innovation, business value, and growth. By bringing together diverse perspectives and experiences, organizations can better address complex challenges and opportunities. That’s where hDAO comes in.

hDAO Basics

At hDAO, we’re committed to taking the principles of DEI to the next level by empowering every member of our ecosystem to contribute to the growth and success of Hacken. Our innovative structure allows not only the submission of their ideas with Request-for-Proposal, but also provides opportunities for ecosystem members to become committee members based on their value and contributions to the ecosystem through Trust Army progress, reports, ambassadorship, social mining, or even memes.

Once Proposals are approved by a certain hDAO Committee, Members vote for Proposal. That is where the Voting Power of HAI comes into play.

The power of voting has long been a cornerstone of democratic societies. In the world of cryptocurrency, the same principle applies. With the introduction of decentralized autonomous organizations, the ability to vote has been given to a much wider audience, creating a new paradigm in decision-making.

HAI Becomes Governance Token

Historically, HAI is the foundation of the Hacken community. hDAO gives HAI a new utility. At the heart of the Hacken DAO is the concept of Voting Power, giving token holders the ability to influence the direction of the Hacken ecosystem. In the history of decentralized organizations, even a single vote has made a difference and changed the course of a project.

By staking HAI tokens, you will get Voting Power and use VP to make key decisions. Transfer your VP to a trusted Delegate who can vote on your behalf, or vote by yourself and directly shape the direction of the Hacken ecosystem.

More owned HAI tokens mean the power of decision-making. With the ability to accumulate and delegate Voting Power and the commitment to promoting DEI, the hDAO is poised to create a new level of engagement and participation in the Hacken ecosystem. Through the voting process and staking that is given to members of the ecosystem, the hDAO is ushering in a new era of collaboration and innovation.

Rewards to hDAO Contribution

In a bold move towards incentivizing active participation and contributing to the industry, we have recently announced a significant change in the Membership program. Hacken has made it clear that HAI tokens will no longer be distributed for free, as the company seeks to encourage and reward its community members who are actively involved in the growth and development of Web3, where trust is a default. That marks a significant shift towards a more community-driven approach, with staking inside the Membership program now offering yields for members who are willing to contribute their time, skills, and resources to the industry. In addition, such a shift will reduce inflation, as less easily-received tokens will be on the market.

Starting from the hDAO full release, all Members will use their Voting Power to participate in decision-making and will have a 3% APY in their Membership. Those members who delegate their VP to somebody else will only have 1% APY.

Such encouragement for active participation in hDAO contribution will help to build a mature and product-oriented community.

Moreover, all current holders will fully receive staking rewards based on their contract without pauses and changes.

Following New Tokenomics

As the crypto industry evolves, so do the principles guiding the Hacken ecosystem. The latest shift in the vision for the HAI token emphasizes the need for self-contribution and participation. It’s no longer a token that can be obtained passively but a valuable asset earned through work and utility. This forward-thinking approach is a significant milestone in the evolution of Hacken and promises to take the community to new heights.

Follow our Hacken.AI Twitter, the next announcement about hDAO Decision-Making will be surprisingly soon.

The Hacken team is delighted to announce the new Hacken.AI ecosystem roadmap!

Starting in November, Hacken.AI has become the all-in-one place for all Hacken user products and public goods initiatives with the HAI token in the center of the whole ecosystem, meaning new prospects and an evolutionary stage of our community. Let’s examine the changes in detail.

Trust Army Waitlist

On November 1, we announced Trust Army, a project that has already become a foundation for putting together crypto enthusiasts from all over the world, driven by the idea of building Web3 Trust and making closer crypto mass adoption. During the first month, more than 1,800 people were added to the Waitlist to start a captivating journey through blockchain data research and get constant income for their contribution.

hVPN 2.0

Since February, more than 40,000 people have been using a secure connection to the Internet with Hacken VPN. Starting November 16, it became accessible with a monthly subscription for $1.99 and equal cashback in HAI. The usability of hVPN allowed us to get thousands of people who were out of crypto to get acquainted with Web3 through the HAI ecosystem.

Trust Army Beta

On December 22, we launched Trust Army Beta, offering everyone to try their hand at completing the first mission and submitting reports on 200 projects listed on CoinGecko. For the first week of Beta functioning, we have already received 347 reports. While Trust Army soldiers are comparing on-chain and off-chain data regarding offered tokens, we are working on the full launch of the Trust Army platform.

hDAO Kickstart

On December 29, Dyma Budorin, the CEO of Hacken, announced the launch of hDAO, an evolutionary step in transforming the HAI community into a decentralized autonomous organization.

hDAO members will be able to define their future by proposing cybersecurity initiatives and participating in decision-making by voting with HAI.

Treasury reserves, also hDAO members’ funds, will be allocated by Hacken to support trust-improving activities for the right internal products and initiatives and financing any worthwhile cybersecurity initiative.

The treasury will be governed by delegates, the most involved and motivated people who bring the best for the token and ecosystem. Along with the voting power, there will be the opportunity to become a delegate for a member. hDAO delegates will also be responsible for gathering requests from the community and moving them up the ladder.

Next Milestones of Q1 2023 Roadmap

Hacken Privacy Tool

Trust Army Platform

?App

hDAO Governance Tools

Trust Army NFT Utility

Product Utility of HAI Token

With the updates on Trust Army and hDAO mentioned above, the community’s new mindset impacts the nature and structure of HAI, eradicating its speculative aspect.

In light of Trust Army functioning, HAI utility allows you to get income by completing tasks, being involved in staking to obtain new ranks and NFT certificates, alongside scaling users’ expertise and gaining new knowledge.

From the hDAO perspective, HAI will empower the voting process and be available for staking to higher your position within the DAO’s structure.

With Trust Army and hDAO, we have established the way to a substantial transformation of our community to the first product-oriented, self-governing, highly expert, and empowered cybersecurity assembly in Web3.

So…

Are you ready to rule the future?