Q:
DeFi is obviously the hottest gist in crypto space right now. What’s your personal opinion on DeFi? Do you see it as the future of finance system? Also, how will HackenAI participate in DeFi?
A:
DeFi is the future of crypto trading at the first place.
Being a he biggest cybersecurity auditor of crypto exchanges I have certain knowledge on how they operate and make money.
If their actions would be as transparent as in DeFi, our industry would be much bigger than we have now.
The perfect example is yesterday story with Sushi CEO..
His actions were immediately visible to everyone in community which is great.
Next CEOs of top projects will have to implement certain limits in order not to be able to make such actions.
So if to answer how Hacken will participate in DeFi. We will implement all best practices for liquidity pools, governance, and lockup’s for our supply in order to move towards decentralaztion.
We definitely will continue to keep listing at centralized exchanges as well.
But I want everyone clearly understand the trendThat CEXs are not transparent and fair enough.
They will have to change their business model a lot, I see their role more as a marketing agencies for tokens.
As for DeFI to be future of financial system — it is to early to say so.
But I have no doubts that in 3 years time The DeFi infrastructure will allow to pay for coffee in every part of the world with HAI token.
We are top project with crystal clear reputation and we have big long term plans.
Q:
As Defi’s blockchain. Do you think there are major problems with enterprise-level customer adoption? Because in some ways- “blockchain” and “utility” are two completely different issues
A:
I don’t think that enterprise adoption drives the grow of our industry.
I am absolutely sure that it is the opposite retail is the main driver of projects success..
By saying this I want to share unpopular truth.. Enterprises don’t buy and don’t use tokens
Big crypto investment funds enter tokens in order to inject funds in marketing and then sale their tokens to retail.
Our approach is to unite forces with various companies who build transparent infrastructureFor the last two months we have worked with quite few big players.
Please expect series of cooperation announcement starting from next week.
Q:
The biggest DeFi needs are that of interoperability, providing cross chain interactions and multiple blockchains, how does HAI achieve this? Do users need KYC to enjoy all the awesome features of HAI? What would you say is the most promising DeFi application for Hacken at the moment?
A:
Building a crosschain bridge is one of the things we build now
Uniswap liquidity pool is a first step in this direction
Today we upload HackenAI update
tomorrow you will see new features in the app
Q:
You first time introduced #HKN then instructed to swap #HKN to #HAI. #HAI is on Vechain. What’s the point introducing #HAI on Ethereum network? How will you concentrate on both? Can you assure the investors?
A:
There is only 1 HAI.
HAI vip180 and HAI that is currently issued for Uniswap liquidity is the same
All our efforts had always one goal — to build value around our token.
Please follow further announcements for Hacken DeFi steps.
Uniswap liquidity pool was a first step so that our community made a dive into this rapidly growing industry.
I want to share my opinion, crypto industry is still very new, it is rapidly changing.
Marketing and growth Instruments that worked even 1 year ago are completely outdated today.
I see so many projects, where founders don’t know what is going on now with this DeFi stuff.
Unfortunately I believe they will not be able to catch up.
Hacken today is in very good position ,we made a deep dive into DeFi quite early, when we recurved first audit requests.
We see lots of perspective ideas and we know where this industry will be in 3–5 months
It is extremely important for projects to be up to date.
Q:
Is it true that only 3% of circulating VIP180 tokens can ever be bridged over to Uniswap? How will the 100 adresses be chosen? Is it also true that the Uniswap token will have its own CMC and CG listing for price? What benefits do people have by buying the HAI Uniswap token?
A:
Yes, only 3% from circulation supply. We hardcoded 50mln as max supply, in case we need to make some tests. Once the bridge is done, I will burn the rest
Tomorrow you will see how first 4 bridges will be done.
I spoke with Bobby about adding the Uniswap pair to hai CG
They do have a mechanism, that blocks the pair price if it is too different from other exchanges.
We agreed to add the pair a bit later, But of course there will be only 1 Hacken token.
HAI Uniswap token is made for Uniswap liquidity pool only.
Please think of it like preference share and regular.
It does represent the same amount of equity.
But HAI erc20 has this special feature that can be used in Uniswap liquidity pool.
But it will always represent the same share from total supply.
Q:
Exit scam incidents have been increasing in defi projects lately. How do you intend to warn users on the http://cer.live platform? Are we still following the roadmap to develop HAI app?
A:
So I found this cool feature to lock Uniswap liquidity pool share token at https://www.unicrypt.network/
We consider to add this to CER.live/DeFi
Investors need to know if there are risks is exit scams like sushi swap
This technology is not very complicated.
We will consider to offer such service as well
So to add more utility to HAI token.
I know that crypto aggregators are looking for solutions how to rank security of DeFi projects as well.
This is definitely one of important things to look at, when making DeFi project investment decision.
Q:
We have seen people like Bobby (CEO of Coingecko) coming into the chat, are other people going to get invited into the community? What can we expect for Hacken Club and $HAI in the long term?
A:
Yes, that’s the plan.
We were quite overloaded with audits last month.
So our plan is to start series of AMAs with all our recent clients.
Execs of top DeFi projects and cybersecurity companies will come to our group and we will have a fireside chat.
