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Trust Army – Hacken – Blog https://site.hacken.ai/blog Hacken - Trusted Blockchain Security Auditor Tue, 09 Jul 2024 10:30:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 Discover the Hacken Ecosystem https://site.hacken.ai/blog/?p=512 Tue, 09 Jul 2024 10:30:47 +0000 https://hacken.ai/blog/?p=512 Introduction to Hacken Ecosystem

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.


 

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Elevate Your Web3 Status with the Upcoming DYOR Certificate https://site.hacken.ai/blog/?p=460 Thu, 23 Nov 2023 14:17:34 +0000 https://hacken.ai/blog/?p=460 We’re thrilled to share a glimpse of the future – an upcoming DYOR Certificate, a soulbound token representing your Web3 expertise and opening doors to exciting possibilities. 

Similar to NFTs, soulbound tokens encapsulate achievements and characteristics, creating a unique digital badge on the blockchain. But a DYOR Certificate is more than a certificate; it’s your symbol of authority and expertise in the Web3 realm. 

The Value of DYOR Certificate

Your Voice of Authority

This certificate isn’t just a digital accolade; it’s your voice’s value in the crypto landscape. Being DYOR certified means you possess a well-founded and expert opinion, boosting your credibility across the entire Web3 space. It marks you as a respected participant in any community or project, positioning you as a valuable contender for any community rewards including allocations.

Building Trust in Web3

In the broader context of the industry, DYOR Certificate is akin to soulbound tokens – a foundation for a decentralized society. With non-transferable attributes, DYOR Certificate addresses trust issues in Web3 by establishing provenance and reputation. It aims to reduce the risk of identity manipulation and foster a more secure and authentic Web3 ecosystem. Rest assured, we are committed to ensuring that DYOR Certificate is widely recognized and valued across the Web3 landscape.

Anti-Sybil Solution

At the heart of our Trust Army’s ethos is the recognition of human value and contribution. Our solution is not simply a stance against Sybil attacks but a robust affirmation of human ingenuity and effort. This approach is rooted in the value each member brings to the industry, significantly surpassing any existing system It’s about emphasizing the human element – our members are real people, thinkers, and learners, constantly evolving and deepening their knowledge.

In the Trust Army, almost every task demands genuine manual labor, reflecting our commitment to authenticity and hard work. We ensure that each member is rewarded proportionately for their labor, affirming their humanity. This is more than just a verification process; it’s a journey of self-improvement and learning. Our final exam, reviewed by an expert panel, ensures that DYOR Certificate owners are not just knowledgeable but also competent in applying this knowledge practically.

This mechanism is central to our vision. It’s about showcasing and rewarding quality, ensuring every community member is recognized for their true value and contribution. We’re not just preventing fake identities; we’re celebrating real, thinking, and evolving human beings who are integral to the Trust Army.

How to Obtain 

Trust Army is no longer just about Learn2Earn; it’s evolving into a dynamic platform shaping the future of decentralized communities. As part of this evolution, the DYOR Certificate is designed to empower you beyond educational opportunities. 

Embarking on the journey to attain your DYOR Certificate involves a comprehensive process within Trust Army, where you’ll navigate through the Academy, covering both theoretical aspects and practical applications, ensuring a well-rounded learning experience.

The culmination of this immersive experience is the final exam, essentially representing your personal review of any selected project in the aspect of DYOR using all the skills acquired in the process of passing the Trust Army Academy. Your work will be reviewed by a special board, which will be proposed to form as one of the hDAO committees, comprising the best DYOR experts, Validators, and Top performers. All entries will be considered on a first-come, first-served basis.

Based on the results of the review, a decision will be made to issue a certificate through on-chain ​​voting by the board. Anticipating a significant influx of users, especially in the new stage of the industry with upcoming large projects and allocations, we have decided to prioritize the consideration of applications for the DYOR certificate, giving preference to those who are already actively contributing. Users who achieve roles such as Member Level 1, Associate Level 2, Partner Level 3, or DYOR Researcher by December 1st will be given priority for certification eligibility.

Here’s how to get one:

🦾 Member Level 1

Can be received automatically as well as given by Admins. To get this role, you must stake 1,000-9,999 HAI in our mobile wallet app “hAI by Hacken”, available both for iOS and Android. More info here

🦾 Associate Level 2

Can be received automatically as well as via Admins. To get this role, you need to stake 10,000-99,999 HAI in our mobile wallet app “hAI by Hacken”, available both for iOS and Android.
More info here

🦾 Partner Level 3

Can be received automatically as well as via Admins. To get this role, you need to stake 100,000+ HAI in our mobile wallet app “hAI by Hacken”, available both for iOS and Android.
More info here

🔎 DYOResearcher

Given automatically. In order to get this role, you need to complete the first stage of our DYOR Challenge on Zealy.

Looking ahead, the DYOR Certificate’s integration into partnered projects will solidify its status as a trusted symbol of expertise, resonating across diverse platforms within the Web3 ecosystem.

Conclusion

In the near future, the industry will undergo radical changes, emphasizing the need for projects to have genuinely valuable users. Owners of DYOR certificates, issued by the expert community of an industry leader, will stand as key indicators of expertise and value. Stay tuned as we revolutionize the certification landscape, offering not just a certificate but a symbol of trust and expertise. Trust Army evolves, and so does your journey within the decentralized frontier!

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Third Academy Integrates DYOR 101 Course into Its Educational Platform https://site.hacken.ai/blog/?p=386 Mon, 18 Sep 2023 14:51:35 +0000 https://hacken.ai/blog/?p=386 In the ever-evolving realm of cryptocurrencies, knowledge is power, and the path to mastery starts with one critical principle – Do Your Own Research (DYOR). At Hacken, we’ve always championed the cause of empowering crypto enthusiasts to navigate this dynamic landscape with confidence and intelligence. Today, we’re thrilled to announce a groundbreaking partnership with Third Academy, a Web3 educational collective metaverse and career launchpad, to take your DYOR skills to new heights. 

Our comprehensive DYOR course, that will be presented in an upgraded and more interactive format, is your roadmap to becoming a savvy crypto investor and advanced blockchain user. Now you will be granted with video lectures for easier content learning, and live sessions with Hacken Web3 Researcher for open discussion, where you can ask any question. We’ll guide you through the intricacies of DYOR, equipping you with the knowledge and skills needed to make informed decisions and navigate the crypto market’s turbulence with confidence. The number of participants in the live sessions is limited, stay tuned for information on how to get your slot soon.

Learning Objectives: What You’ll Gain

Throughout this immersive 6-weeks course, you will:

Gain In-Depth Knowledge: Develop a profound understanding of the cryptocurrency market and recognize its immense growth potential.

Master DYOR Skills: Learn the art of Doing Your Own Research, enabling you to make well-informed investment decisions even in the fast-paced crypto space.

Address Challenges and Risks: Identify and tackle common challenges and risks associated with crypto investments, ensuring your portfolio’s security.

Evaluate Crypto Projects: Acquire effective techniques for evaluating crypto projects. Dive deep into factors like product health, tokenomics, community engagement, security, team dynamics, partnerships, investors, and legal aspects.

Select Promising Projects: Utilize comparison tools and collective knowledge to pinpoint the most promising crypto projects worthy of your investment.

Harness Blockchain Knowledge: Explore blockchain as a reliable source of historical information and understand token identification within specific networks.

Course Details

Here’s what you can expect during this exciting journey:

Start Date: October 2

Format:

Pre-recorded Lessons: Each Monday, we will upload lessons to the YouTube channel, ensuring you have access to the latest insights and strategies.

Interactive Spaces: Every Thursday, join us for live discussions in a unique space developed by Third Academy for the real life experience. You can join the space in a skin, styled according to your preferences. There you can explore the location, interact with other participants of the live sessions, objects, and NFTs placed there. And the main part – together we’ll delve deeper into the week’s topics and answer your burning questions.

Channels:

YouTube: Access pre-recorded lessons.

Metaverse: Immerse yourself in the metaverse for our weekly live sessions, creating a unique and immersive learning experience.

Weekly Email Updates: Stay updated with essential course information and bonus materials delivered straight to your inbox.

The full schedule of the sessions will be released soon, stay tuned!

Our commitment to your growth and success in the crypto space has never been stronger. With Third Academy, we’ve reimagined and refined our DYOR course to offer you the most convenient and interactive learning experience possible.

Are you ready to elevate your crypto research game and join us on this exciting journey? Sign up via the link, mark your calendars for October 2nd, and get ready to unlock the true potential of your crypto investments. Together with Third Academy, we’re empowering you to navigate the crypto cosmos with confidence and intelligence.

Stay tuned for more updates, and let’s embark on this transformative learning adventure together. The future of crypto research begins here.

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Precision in the Web3 Battlefield: Trust Army’s Quest for Transparency https://site.hacken.ai/blog/?p=383 Fri, 18 Aug 2023 15:10:06 +0000 https://hacken.ai/blog/?p=383 In the ever-evolving realm of Web3, where trust is the foundation and transparency is the key, an elite force known as the Trust Army has emerged. These soldiers are not armed with traditional weapons, but with a potent arsenal of precision, attention to detail, and unwavering commitment to accuracy. In their pursuit of a trustworthy and transparent Web3, they understand that every data point matters, every detail contributes, and every mistake can undermine the very essence of their mission.

Attention to Detail as a Stronghold

As the vanguard of trust, the Trust Army recognizes that attention to detail is their most formidable weapon. The initial task unveiled a pattern of errors, emphasizing the critical nature of correctness in addresses and chains. The soldiers are cautioned against haste, reminded that every piece of data holds significance in their quest for transparency. The lesson is clear: accuracy is paramount, and precision is their guiding star.

Precision and the Challenges of Data Handling

The Trust Army serves as a test of precision and accuracy. The soldiers are reminded of common pitfalls – misplaced files, incomplete information, inaccuracies, and misdirection. These errors could lead to erroneous conclusions, a stark reminder that their strength resides in the truth. The importance of focusing on holders rather than transactions, adhering to naming conventions, and recognizing valid files is stressed upon. The Trust Army understands that in the Web3 arena, building trust one data point at a time is the path to success.

Navigating the Complex Terrain of Tokenomics

As the Trust Army marches on, a more intricate challenge awaits – gathering project tokenomics. This mission hinges on the transparency of information sought, demanding deep dives into sources rich with detailed data. Lessons from the beta phase highlight the importance of avoiding surface-level resources and delving into the heart of project tokenomics. The soldiers are urged to calculate vesting periods accurately, detail each round of token sales separately, and reject speculation or incomplete data. They understand that the pursuit of truth demands clear, comprehensive, and detailed information.

Empowerment at the Trust Army Academy

In the heart of the Trust Army’s mission lies a commitment not just to their cause, but to sharing their skills with others who aspire to wield the power of precision in the Web3 realm. The Trust Army Academy stands as a beacon of learning, offering individuals the opportunity to master the art of attention to detail, data precision, and transparent information gathering. Every user is invited to partake in this educational journey, equipping themselves with the tools to become guardians of trust in the digital age.

Forging Ahead with Precision

The Trust Army’s journey is far from over. As we navigate the Web3 battlefield, we remain steadfast in our commitment to precision, accuracy, and transparency. Every misstep, every error, and every oversight can compromise the very fabric of trust we seek to weave. The soldiers understand that in the decentralized world, clarity and accuracy are the currencies of power. As we move forward, we stand united in our resolve to unravel the complexities of tokenomics and illuminate the path toward a trustworthy Web3 future. The Trust Army has proven time and again that precision is not just a skill – it’s our shield and our sword in the relentless pursuit of transparency.

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Development Update: Trust Army 1.0 & hAI | August 10, 2023 https://site.hacken.ai/blog/?p=380 Thu, 10 Aug 2023 16:27:18 +0000 https://hacken.ai/blog/?p=380 In our relentless pursuit of progress and innovation, the Development Team has been hard at work, driving transformative changes across two of our HAI ecosystem products: Trust Army and hAI. As we leap forward, let’s delve into the strides made during the recent sprints, tantalizing previews of what’s on the horizon, and Devs’ unyielding commitment to excellence.

hAI 

The hAI app has undergone a complete transformation in the recent sprint. The design has been revitalized, ushering in a sleek and intuitive interface that enhances user experience. The reimagined design has marked the start of developments in the integration of HAI utilities announced in the Tokenomics for 2023. Beyond aesthetics, the Development Team has been diligent in addressing functionality by a series of bug fixes. 

The Dev team has put final touches to the releases of the update: groundbreaking integration with a partner (stay tuned, details will be released soon!) along with the upgraded cybersecurity course and development estimation for the DYOR section release in hAI. 

Trust Army

While the recent sprint saw no immediate releases for Trust Army, we’re excited to tease what’s in store for the next sprint. The anticipated Chapter 4 in Academy is about to come complete with Mid and Final exams, designed to challenge and enrich your knowledge on how to analyze Web3 projects and read token economies to make informed investment decisions. 

Along with Chapter 4, Mission 4 is about to be released, providing you with a task completion upon available projects that will test your security expertise and opportunity to earn 10 HAI for successful completion. But that’s not all – Trust Army is poised to unveil the eagerly awaited withdrawal feature, which is now fully ready and completes the final step – bug fixes. 

Stay tuned, for the Dev Team is hard at work, shaping our product development where excellence and progress are the guiding movement. Follow our Twitter to be the first one to know about all the releases. 

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Development Update: Trust Army Platform 1.0 | June 22, 2023 https://site.hacken.ai/blog/?p=328 Thu, 22 Jun 2023 15:20:57 +0000 https://hacken.ai/blog/?p=328 At Trust Army, we continuously strive for progress and innovation, and our dedicated Development Team remains at the forefront of this evolution. We’re excited to bring you the latest updates from our back-end, front-end, and quality assurance (QA) domains. These enhancements are specifically designed to elevate your user experience, ensuring that you stay well-informed about the ongoing improvements we’re implementing.

Automated Validation

To optimize efficiency and enhance the overall experience for our users, we have introduced automated validation for the first task. This means that the initial task will now be automatically approved or rejected. By automating this process, we empower our validators to dedicate more time to scrutinizing complex missions, gaining valuable insights from the data collected, and providing you with faster results for your submitted assignments.

Updated FAQ

Based on your invaluable feedback during the initial months of Trust Army Version 1.0, our technical team has diligently updated our Frequently Asked Questions (FAQ) section. We have expanded the coverage to include even more common questions that have arisen.

Onboarding Instructions

Recognizing the importance of a seamless security journey, the Trust Army development team has added comprehensive onboarding instructions. These detailed instructions will now accompany new soldiers as they embark on their security journey, offering clear guidance to facilitate a smoother onboarding process.

Reports Page + Feedback

As part of our commitment to transparency and continual improvement, we are thrilled to announce the release of the Reports page. This allows you to easily track the status of your submitted tasks, providing you with updates on their progress.

With the Reports page, you now have the ability to view comments explaining why a report was rejected. This invaluable feedback enables you to identify areas for improvement, empowering you to enhance your performance and excel in your Trust Army missions.

Upcoming releases

Upcoming releases will include the fixed withdraw function and an eagerly awaited Mission 4. The fixed withdraw function will ensure a smooth and reliable process for withdrawing your earnings. As for Mission 4, prepare yourself for an impactful release that will introduce thrilling challenges, pushing the boundaries of your security expertise

Stay tuned as we continue providing you with cutting-edge features and enhancements to elevate your journey with Trust Army. Together, we will march forward into a safer and more secure Web3 future.

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Development update: Trust Army Platform 1.0 | May 25, 2023 https://site.hacken.ai/blog/?p=156 Wed, 31 May 2023 16:01:12 +0000 https://prodtest.hacken.ai/blog/?p=156

Trust Army version 1.0 is continuously evolving, thanks to our Development Team’s dedicated efforts. Let’s dive into the latest updates from the back-end, front-end, and quality assurance (QA) sides, keeping you informed about ongoing improvements that aim to enhance your user experience.

Finished Updates:

  • Cookie Banners: Our developers have successfully developed, tested, and released cookie banners, ensuring compliance with privacy regulations while providing a seamless browsing experience.
  • Hacken Membership Integration: We have improved Hacken Membership synchronization with the platform, allowing users to easily access features and benefits provided by the range of Membership levels. Thorough testing has been conducted to ensure a smooth integration process.
  • Trust Fuel Calculation: Our team has fixed HAI utility’s calculation bugs, thoroughly testing Trust Fuel charging and displaying units in the Trust Fuel tab in cases of the Membership leveling up by users.
  • CSV File Upload Bug Fix: We have addressed and resolved the bug related to CSV file uploading in Task 2, ensuring a seamless user experience while attaching files with token economies.
  • Expanded Projects Pool: To provide our users with more opportunities, we have added 93 new projects for task submission, allowing for a broader range of engagements.
  • Administration Panel Development: To streamline the validation process for Task 1 and Task 2, our developers have been diligently working on an administration panel for Trust Army validators.
  • Internal Analytics: We have implemented advanced analytics to gain valuable insights into platform performance, enabling us to make data-driven decisions for further enhancements.

Our team is currently focusing on the following areas:

  • FAQ Page: We are developing a comprehensive Frequently Asked Questions (FAQ) page to provide users with quick access to answers and guidance.
  • Submitted Reports Page: Soon, users will have access to a dedicated page to view the details of their submitted and verified reports, ensuring transparency throughout the mission completion.
  • HAI Withdrawal: We are actively working on enabling users to track payments they get for verified reports and facilitating the withdrawals to their HackenAI wallets.
  • QA Support and API Settings: To enhance the effectiveness of report validation, our QA team is providing comprehensive support to validators, leveraging API settings to streamline the process.
  • Minor Bug Fixes.

The Dev Team is making significant strides in improving the platform’s functionality, security, and user experience, and we appreciate your patience and support as we continue to make enhancements.

Stay tuned for the following updates from the Devs!

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Trust Army: In-Depth Analysis of 559 Web3 Projects https://site.hacken.ai/blog/?p=154 Wed, 31 May 2023 16:00:22 +0000 https://prodtest.hacken.ai/blog/?p=154

Trust Army, Web3 research and educational platform, has just released an updated report that provides valuable insights into the current state of EVM-compatible projects included in CoinGecko’s top 1,000.

The Trust Army team has analyzed 559 Web3 projects, and the results show some interesting trends that investors and enthusiasts should consider when navigating the blockchain space.

Transparency remains a major issue for Web3 projects, with 17.35% of ones concealing their whitepapers and 32% of projects hiding their tokenomics. This lack of transparency can make it difficult for investors to evaluate a project’s potential and risks, highlighting the need for platforms like Trust Army that provide unbiased analysis and education.

Security is also a concern, with only 30.2% of projects passing smart-contract audits.

Update from May 30th: the percentage of 30.2% covered 100 researched projects. The end result on 559 projects shows the growth of passed smart contract audits found by our team to 68.87%

A lack of passed audits is a critical issue for investors, as smart contracts are the backbone of Web3 projects, and any security flaw can have devastating consequences.

Coins’ supplies controlled by whales is another issue that Trust Army’s report highlights. 32.9% of projects have token holders that hold 1% or more of the total token supplies, and a staggering 45% of projects have token holders who own 10% or more of total supplies. This concentration of tokens in the hands of a small group of holders could pose concerns regarding unpredictable consequences regarding the tokens’ value.

These insights reveal that there is still a long way to go in bringing transparency and security to the Web3 industry. However, Trust Army aims to tackle this issue head-on through the mission of building a trusted and transparent blockchain space.

We will make quarterly reports based on Trust Army’s collected data to provide up-to-date insights on the industry. The next one will be devoted to the projects offered for users to explore in the 1.0 version, which is now available. To contribute to the overall results and bring Web3 transparency closer, users can register at Trust Army.

With on-chain analysis data skills, users can help to analyze projects and contribute to further reports findings. In conclusion, investors in the Web3 industry must be cautious and diligent in their research. Trust Army’s report highlights the importance of transparency, security, and fair distribution of token supplies in making informed investment decisions. Through the platform’s efforts, we hope to see a more trustworthy and reliable Web3 ecosystem in the future.

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Trust Army: 1.0 Version and Trust Fuel Launched https://site.hacken.ai/blog/?p=152 Wed, 31 May 2023 15:58:52 +0000 https://prodtest.hacken.ai/blog/?p=152

Trust Army 1.0, the full-functioned Web3 research and educational platform that defines the reliability of blockchain projects and helps you to DYOR, is finally here!

Unfortunately, mistrust remains a significant problem in the crypto world: as evidenced by the first Beta results we have gotten, blockchain projects tend to hide their tokenomics and whitepapers. Relatedly, a significant share of total token supplies in the hands of a few people can impose the interests of the bulk of token holders. Knowing who to trust is hard, and blockchain projects can sometimes be less than transparent. To change that, we’ve created a solution for a community of like-minded individuals who are dedicated to building a trusted and transparent blockchain space. We believe that everyone should be able to make informed investment decisions, and our platform helps you do just that.

Joining Trust Army Provides You with a Range of Advantages

  • Learning the blockchain analysis using on-chain and off-chain data to proper DYOR and informed investment decision-making;
  • Applying gained knowledge in practice by searching and collecting Web3 projects data; Get paid for your research on tokens as if you had a full-time or a part-time occupation by choosing the most convenient working hours;
  • Acquiring a profession of Web3 analyst. Get hired by Web3 companies (and even Hacken) after successfully passing the Academy course and achieving a soulbond NFT certificate;
  • Being an engine for transparent Web3 and its transformation into a reliable environment.

Trust Army helps enthusiasts worldwide, tending to be highly aware and having intimate knowledge of crypto projects they would like to join. With the full version release, we are delighted to bring our users even more advanced blockchain analytics insights and look forward to continuing to innovate in this space.

Trust Army 1.0: User Guide

The full release of Trust Army contains a whole new structure and features to make your user experience the most handy and intelligible.

Registration

Everything starts with registration: signing up for the project takes just a few minutes. It requires installing the HackenAI application with the following HackenAI wallet creation. Once it is done, visit trustarmy.com, tap on the “JOIN NOW” button, and scan the QR code with your HackenAI app.
Scanning QR codes will be required for the following sign-ins.

Install HackenAI for iOS

Install HackenAI for Android

Join Community

Become a part of the Hacken community to receive support and advice from other Trust Army users and be among the top crypto minds determining trusted and reliable Web3 projects.

Join here: http://discord.gg/hacken

Start Studying at Academy

Once you have signed up, start learning blockchain research basics, master token economies reading using off-chain and on-chain data, and pass exams to prove the knowledge you acquired.

Submit Reports

Use the knowledge you gained at the Academy to complete tasks that cover Web3 data research and collection. Find relevant information on a specific project, fill out a form, place the required data, and submit a report. The more Academy chapters you finish, the more complex tasks you access.

Once you submit a report, it is verified by Trust Army Validators. There are 3 possible validation statuses: pending, accepted, or rejected. The platform notifies you about the status through the user dashboard and real-time notifications, so you will be informed about each submitted report.

Track Your Achievements

Trust Army now allows you to monitor your progress and track your success as you learn about Web3 analysis and research. The progress bar and resume learning button make it easy to see how far you’ve come and what you still need to do. Besides, you can keep track of your stats, including earned HAI tokens, and accepted, pending, and declined reports. And that’s not all — the dashboard will soon let you check out other users’ achievements in real time.

Get Paid

After Validators confirm that your report is valid, you get paid with HAI, the Hacken native token. The payment is distributed to your HackenAI wallet and displayed in the user dashboard. Payment can be made only for the correct report. The more valid reports you submit through Trust Army, the higher payments are enrolled.

Obtain Certificate

Upon completion of the Academy course, you will receive a soulbond NFT certificate confirming your expertise in the basics of Web3 analysis.

Trust Fuel: Experience the First HAI Utility

One of the most anticipated features implemented in the Trust Army 1.0 — is Trust Fuel, the first HAI utility envisaged by the recently announced HAI Tokenomics. Trust Fuel is a unit required to submit reports for Trust Army, connected with the Trust Army platform and your Hacken Membership in the HackenAI application.

Each user is required to have Trust Fuel to start the completion of the tasks. To finish one, a user should have x1 Trust Fuel, and it is gotten to all users daily. A soldier needs to enter the Hacken Membership to get more Trust Fuel.

Trust Fuel is charged to your Trust Army account according to the Membership level. To find the amount of Trust Fuel units you currently have, find the navigation bar displayed on the above-the-fold of the platform.

Trust Fuel is only connected to your HackenAI wallet and cannot be transferred or sent to another user. If a user doesn’t use Trust Fuel during the day, it doesn’t sum up with newer units another day. Later with Trust Fuel, a soldier will access the distinctive classes at Trust Army Academy.

More Trust Fuel → More daily completed Trust Army tasks → More daily income in HAI

Get more Trust Fuel by entering the Hacken Membership

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