HashPack and PACK Token

With the upcoming launch of $PACK, the loyalty token of HashPack, this document outlines all of the details and information regarding the objectives, tokenomics, utilities, and launch of the token.

Brief History

HashPack Wallet is the interface to the Hedera ecosystem. Back in 2020 right after launching our MVP, we built the first signing solution on Hedera called HashConnect which jump started the entire DeFi and NFT space. Through our efforts we saw marketplaces, DEXes, staking platforms and many other use cases come alive on Hedera building up a $100M+ USD TVL in a matter of months.

Building off of our successes we’ve released numerous features and supported numerous projects and teams, all with the aim of making DeFi and NFTs on Hedera as accessible, fun and secure as possible.

Track Record

The HashPack team focuses on delivering products and services that address the needs and problems faced by our community. We have always strived to provide as much value as possible whilst delivering a user experience that competes with the best in the industry.

Some of our accomplishments are:

• Built the first secure dApp connection library, HashConnect, allowing users to securely interact with dApps without exposing their private keys on Hedera.

• Wrote the NFT metadata standards (HIP-412) that the entire nft ecosystem is built on. HashPack continues to be active in the HIP process, supporting development of the Hedera platform.

• Introduced Secure Trade, allowing trustless atomic peer to peer trades for any combination of NFTs and fungible tokens.

• Worked with many community dApps and projects, raising awareness and building tools to make the user experience on Hedera simple and secure for all users.

• Introduced numerous features that have been adopted by projects and community members to improve the Web3 experience on Hedera.

• Services over 95% of the monthly active users in the Hedera ecosystem.