Hana Network (HANA)

Hana Network crypto is a consumer-centric layer that breaks down barriers for developers and users by embracing chain abstraction. This approach removes the complexities of interacting with different blockchains, making the underlying technology invisible to the user.

At its core, Hana Network is a Cosmos-based PoS blockchain using TSS (Threshold Signatures Scheme) to connect Ethereum, Bitcoin, and other L1s and L2s, built as a consumer-focused omni-chain gateway. It merges on- and off-chain services into a seamless, decentralized UX, eliminating intermediaries and enabling real-world applications.

The project has already onboarded over 570K users, providing a unified user experience across diverse crypto environments. Whether users interact with Bitcoin, EVM chains, L2 solutions, or other protocols, Hana Network aims to simplify the process through its applications:

• Hana Gateway: A self-custodial, trustless on-off ramp app that brings the ease of CeFi to DeFi, where users can seamlessly convert fiat to crypto and back without middlemen, custodial risk, or hidden fees;
  
   
• Hana TSS Layer: A decentralized infrastructure for secure key management and real-world transactions. It enables enterprises and users to transact crypto securely, without exposing sensitive data or relying on custodians.

Get more info in the litepaper.

🪙 Hana token: As of June, the project has already confirmed the native token of the project - $HANA, along with the token sales being held. Although the utility of the token isn’t fully confirmed yet, the project states that it will be community-focused, proving their point by allocating over 50% of the total supply (500M+ $HANA) to the community. Moreover, our team supposes it to power the consensus mechanism along with providing governance uses.

Moreover, the Hanafuda Hana Network allows users to collect cards by providing deposits on the platform, thus farming points inside the app. We assume this will be the main criterion for the potential Hana Network token airdrop. 
 

Considering the backing from YZi Labs and potential Hana Network airdrop, our team has completely analyzed the Hana crypto project, revealing its pros and cons:
 

✅ Hana Network pros:

• Incubated by YZi Labs;
• Very high Growth Marketing performance;
• Relatively low FDV ($40M);
• Decent ecosystem of partners (A total of 10+ partners, including EigenLayer, Babylon, Hyperliquid, and others);
• Above-average SMM performance;
• High PR score;
   

❌ Hana Network cons:

• Low Influencer Marketing performance;
• No top-tier backers;
• Below-average SEO and Marketing Infrastructure score;
• No accurate info on Initial Market Cap;
• Core team members have no work experience in top-tier companies.