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Home»Altcoins»10% of Hacken’s ownership is to be exchanged for 100 million $HAI tokens with 87% token burned

10% of Hacken’s ownership is to be exchanged for 100 million $HAI tokens with 87% token burned

Altcoins By G. Wallace07/03/2024
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Hacken, a pioneering company in the Web3 industry, is poised to make history by tokenizing its equity, using its $HAI token as the vehicle, providing an opportunity for our community to become stakeholders in our journey. Today, we are thrilled to announce our partnership with Brickken, marking the final step before embarking on an unprecedented venture driven by the HAI token.

Approximately six months ago, CEO, Dyma Budorin, unveiled an ambitious plan to tokenize a 10% share of Hacken OU equity. We have partnered with Brickken, whose advanced Token Suite is at the forefront of empowering the tokenization of real-world assets into digital form. By joining forces with Brickken, a leader in tokenization and asset management, we are commencing a transformative journey that will fundamentally reshape industry paradigms.

A New Era of Transparency & Collaboration

With over six years of expertise, auditing over 1,200 projects, and forging partnerships with more than 180 entities, Hacken is a prominent figure in the cybersecurity realm. Hacken OU is the legal entity driving products such as Hacken.io, HackenProof, CER.live, Extractor, and Hacken.ai. This Real World Asset (RWA) tokenization represents a crucial step toward a landscape that demands heightened regulatory adherence and comprehensive visibility, underscoring our commitment to evolving standards. This shift toward transparency and collaboration signals a new era for Hacken.

The Tokenization Process

We are commencing the tokenization process by equating the 10% shares in Hacken OU to a total of 100 million HAI tokens. This unique opportunity is open to all holders, whether they are newcomers or have been part of our community from the outset.

It is important to note that we have updated the minimum participation conditions, widening accessibility for a larger audience. Despite potential fluctuations, the minimum slot of 1 million HAI underscores our commitment to inclusivity.

Unlike typical tokenization strategies, operations exclusively involve HAI, a token subject to market volatility. Consequently, estimating the final slot cost in monetary terms poses challenges due to its inherent fluctuations. However, this approach brings notable advantages. For instance, it significantly simplifies entry for HAI holders and serves as an additional direct token utility.

Upon completion, 87% of the attracted tokens will be burned.

Addressing an increasingly common question among interested parties, secondary markets will become accessible post-stage completion, albeit with restrictions similar to those in the primary process, requiring mandatory KYC procedures for interested participants. We are actively addressing all inquiries to ensure a seamless process for all involved.

A Window of Opportunity

Hacken is more than just a company; it is a movement, and we invite you to be a part of our remarkable history. Together with Brickken, we have successfully concluded the final preparatory phase. Keep an eye out for our upcoming announcement about the future waitlist. We will soon share in-depth details, advantages, and instructions. Stay tuned to our updates for the latest information.

Hacken🇺🇦 (@hackenclub) / X

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