Hippo (HIP) is a radical decentralized community experiment aimed at building a DAO organization entirely driven by the community. There are no team shares and no private placements, with 70% of HIPs being airdropped to the community, 5% distributed to community volunteers based on their contributions, and 25% used to establish an initial trading liquidity pool with the private keys destroyed.
HIP acts as a lottery ticket, offering daily chances to receive airdrops of various tokens from the Cycan ecosystem;
HIP is the governance token for the Hippo community, gradually transitioning towards full DAO management.
Hippo is a decentralized NFT marketplace where HIP fees are directly burned upon transactions.
Hippo serves as a token distribution platform, selecting suitable projects based on community preferences for airdrops or IDOs within the community.
All rights in Hippo belong to the community, and its future direction will be determined by the community. No single entity can control this project, making it infinitely possible.
HIP is initiated by the Cycan Network, which positions itself as a cross-chain decentralized asset management platform. It is a comprehensive DEFI and NFT infrastructure that will become a parachain on Polkadot. All projects built on the Cycan mainnet will airdrop tokens to HIP holders.