📝 Hello everyone, I am 𝟏𝟎, welcome back to the #BlockchainDevelopmentHistory project research series. Today, we will focus on (Hana Network).
Many public chain projects are competing for transaction speed, but Hana has its own ideas. It uses Cosmos SDK and Tendermint PoS as the foundation, leveraging IBC for cross-chain communication, creating a modular system. The underlying security is stable, and the upper layer experience is extremely smooth.
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1. Hana's underlying technology
Hana has developed its own main chain based on Cosmos SDK and Tendermint PoS, supporting IBC cross-chain communication. For security, it uses threshold signatures (TSS) and zero-knowledge proofs (zkSNARK) to help users protect their privacy.
It can also achieve re-staking of BTC and ETH through EigenLayer and Babylon, allowing security and profitability to be online simultaneously.
But ordinary users cannot feel these complex technologies at all, just like when you use WeChat to transfer money, you don't think about whether the backend uses MySQL or Redis.
2. Core functions of Hana
▌ Core layer L1, responsible for stability, security, and cross-chain capabilities.
▌ Transmission layer, mainly focusing on cross-chain asset transfer and privacy protection.
▌ Gateway layer, allowing direct conversion between fiat and cryptocurrencies without centralized exchanges or cumbersome KYC.
▌ Application layer, featuring fun Hanafuda games, NFT store Capsule Shop, and socialized DeFi applications.
▌ In terms of wallet experience, it has a built-in smart wallet, no gas fees, super simple operations, completed with one click.
▌ The part for developers is also very thoughtful, providing cross-chain APIs, private payments, and an NFT membership system.
3. Hana's ecological gameplay
Hana's ecosystem is not just on-chain applications but is deliberately designed as a super casual financial experience.
For example, Hanafuda is a simple mini-game, but behind it actually hides DeFi mechanisms, allowing users to familiarize themselves with on-chain interactions while playing.
Capsule Shop is an NFT marketplace that also incorporates membership loyalty features. Hana Gateway is a P2P fiat and cryptocurrency exchange channel, supporting multiple currencies like USD, EUR, and Naira, allowing direct mobile payments without the need to go to exchanges.
Socialized DeFi is very down-to-earth, built-in tips, P2P transfers, and social liquidity trading make on-chain finance as simple as sending a red envelope.
It even made the onboarding process TikTok-style light, hiding user education in interaction and gamification, rather than a bunch of tedious tutorials.
4. Tokens and early opportunities
▌ Total supply of $HANA: 1 billion
▌ 50% for community development
▌ Early price: about $0.04 (pre-TGE phase)
▌ Investors: YZi Labs, OrangeDAO, Alliance DAO, SushiSwap, etc.
▌ It is currently the pre-phase of TGE, meaning early adopters can not only acquire at a low price but also become a core force of the early community.
5. Investment and endorsement
Binance Labs incubated S5 in 2023, providing funding and strategic guidance; YZi Labs provided core incubation support; Alliance DAO is a DeFi launch platform created by former a16z and Coinbase members; OrangeDAO is the fund of the YC graduate community.
These institutions bring not just money but also connections, resources, and credibility, helping Hana quickly open up cooperation, attract traffic, and land in the early stages, saving a lot of effort.
#HanaNetwork #TGE #Web4