The world moves fast
One effect of pandemic-induced time distortion is that it’s difficult to have a good sense of just when things happened. For example, it’s hard to believe that we sat down and wrote the first draft of the hi Whitepaper just 12 months ago. The world has changed a lot since then.
Here at team hi we have moved through the milestones in our Roadmap in record time, building an ecosystem of services and a community from the ground up, meaning that we now have one of the fastest-growing and most engaged blockchain communities on the planet.
Blockchain advancements as well as the rate at which new applications of its underlying technology are emerging, provide us with new and exciting opportunities to expand our vision for hi to take it to the next level.
Today, it’s exciting to publish the updated hi Whitepaper (v 2.0), which describes our vision and strategy for this year and beyond.
Our mission is to democratize blockchain technology and enable a community of billions to take control of their money, with fluid interoperability between the universe and metaverse. Through progressive decentralization, our vision is broken down into three strategic phases and will see hi becoming the preeminent DAO for Web3. The hi ecosystem is powered by its native token HI – throughout each phase, our goal is to maximize value for holders of HI.
Phase 1 - hi Super App
We are building the world’s most user-friendly and functional crypto & fiat app, coupled with a gamified referral program to drive mass adoption. The app combines the functionality of a crypto exchange with a next-generation digital bank, providing members with an all-in-one platform for savings, investments, payments, and lifestyle benefits. Our goal at this stage is to introduce the first 1 billion people to crypto with the most frictionless user experience, as well as, convenient on-and-off-ramps for fiat currencies.
Phase 2 - Decentralized hi
hi will offer members simple access to a non-custodial wallet that serves as their gateway to Web3, bringing the power of DeFi, NFTs, and a wide range of dApps to the masses. There will be seamless integration between hi and DEhi, allowing members to access both custodial and non-custodial services via a single app. Our goal at this stage is to provide existing members with a convenient and secure way to truly experience the power of blockchain.
Phase 3 - hi DAO & Metaverse
Building upon hi Protocol, we will develop the hi Metaverse for 1 billion+ members to not just socialize, but live. Furthermore, as the hi community matures, the entities behind hi will transition to a DAO with all governance and executive appointment rights transferred to holders of HI. By then, we will have designed a model that both democratizes decision making and properly incentivizes sustainable operations. Our goal at this final stage is to allow for true community ownership and governance of the largest blockchain ecosystem in the world.
If you’re reading this, you are one of the early ones.
2022 looks set to be a year none of us will ever forget. Strap in, we’re in for quite the ride….