What is HI?
hi is a blockchain-based cryptocurrency service provider offering users a secure digital currency wallet and a high-return staking program. The main goal of hi is to be the users' gateway to Web3, social networking, entertainment, and retail services. These services can be experienced both in the real world and in the metaverse.
The project is leveraging blockchain technology to build a platform powered by the community. Members of hi are the key stakeholders. The project is committed to maximizing membership value.
The first product offered by hi is a digital wallet, which allows users to store and send digital assets quickly and at a low cost.
Another important feature is hi staking, which rewards Hi Dollar (HI) holders for keeping tokens in their wallets. HI is the native token that powers the entire hi ecosystem. You can view the current HI price on the hi price chart above.
Furthermore, the project also offers a crypto exchange platform, Hi.com Exchange, which allows users to trade supported cryptocurrencies conveniently. The platform supports major cryptocurrencies including ETH, LTC, USDT, DOGE, and so on.
Lastly, the platform also allows users to take out hi debit cards that offer the possibility to purchase things and services using both crypto and fiat from any merchant that supports Mastercards. Users can choose their cards from various colors and designs.
Use Cases of HI Tokens
HI crypto assets are the access keys to the world of hi. The more HI a user holds, the higher their membership tier and the better their benefits. Overall, HI coins have multiple use cases:
- HI can be staked to earn up to 40% APY.
- HI tokens can be used for sending money across chat platforms.
- HI is a part of the platform's incentive program that rewards users' activities.
Besides, users can earn HI cryptocurrency by interacting with the platform on a daily basis. For example, you can answer questions or refer a friend to receive free HI in your wallet. You can also buy HI on various exchanges. However, ensure you research the HI price beforehand, as it is a volatile asset. The most up-to-date data on the HI price is available on the live chart above.
Who Founded HI?
hi crypto project was launched in January 2021 by a team of experts from leading crypto, tech, and financial services firms. The founding team includes Sean Rach, Sam Christian, and Alec Erasmus.
Rach is a former CMO of Crypto.com. He is a marketer who is passionate about financial literacy (FinLit). Christian is an entrepreneurial marketer who has led many agencies and global teams in the past. He is also a digital experiences curator. Erasmus is a technologist and an investment expert. He is the strategist and technical visionary of the hi team.
Tokenomics of HI
HI tokens were issued on the Ethereum and BSC networks. New HI tokens are minted each time HI tokens are claimed as rewards or purchased for the lock-up period through the Hi app. For each token minted, an additional 2.67 HI is minted and allocated for various functions on the platform. The minting process will stop once the total supply of tokens hits the maximum supply of HI. The fixed supply mechanism protects the HI price from the effect of undesirable inflation.
HI coin has a max supply of 13,192,916,300 HI. The HI token allocation is as follows:
- Launch incentives – 27.20%
- Ecosystem grants – 18.20%
- Long-term incentives – 18.20%
- Company reserve – 13.60%
- Foundation reserve – 13.60%
- Founders and team – 9.20%
