- HPIA is the native token of the Hydropia ecosystem that brings the combined power of Metaverse, NFTs, and AI on one platform.
- The Hydropia platform helps in developing unique digital assets.
- The HPIA crypto has a total supply of 100 million tokens, per the CoinMarketCap.
Entrepreneurs, Digital Artists, and collectors who want to thrive in the digital space always seek a platform that can fulfill all their needs in one place. They want a cohesive ecosystem to help them establish their businesses online, monetize their artworks, and own precious digital assets.
Hydropia is a cryptocurrency that aims to put an end to all their problems. Let’s dive deep and discover what this project has on its fold.
Let’s Get Introduced to Hydropia
Hydropia is an innovative cryptocurrency platform that merges the power of NFTs (Non-Fungible Tokens), the Metaverse, and AI (Artificial Intelligence) technologies. HPIA is the native fuel of the platform and envisions broadening the users’ experience in exploring, developing, and interacting with unique digital assets.
Users can create digital assets with the power of AI, tokenize their digital creations with NFTs, explore unprecedented landscapes, and socialize with multiple individuals on Metaverse and all that on one platform.
Key features of the HPIA ecosystem
With the help of its unique features, HPIA is committed to completely reshaping the future digital realm. Let’s look at the features that define the might of the Hydropia ecosystem.
- NFT Marketplace: NFT empowers users to own and transfer digital assets. Hydropia provides a unique marketplace to tokenize digital assets of any kind, from arts and music to virtual real estate. Artists can tokenize their creations and turn them into a sort of NFTs. Later, these NFTs can be sold by artists for livelihood and bought by the collectors to add a unique digital asset to their collection.
- Metaverse Integration: Metaverse is a digital universe where users can virtually interact with individuals from all over the world by making their unique identities. Hydropia is developing a Metaverse within its ecosystem, which can help entrepreneurs establish their businesses digitally. Users can discover various amusing landscapes and join the virtual events in this realm.
- Artificial Intelligence Technologies: Artificial intelligence is crucial to the Hydropia ecosystem. By leveraging AI-powered tools, users can discover and create digital assets of their preference. AI algorithms enhance the users’ experience through personalized recommendations for maintaining digital assets, content creation, and secure transactions. AI-powered chatbots and virtual assistants make interaction with digital assets swift and smooth.
Synopsis of HPIA Token: The lifeblood of the ecosystem
HPIA is an ERC-20 Token with a total and maximum supply of 100 Million and a self-reported circulating supply of 42M, according to CoinMarketCap. It applies an automatic tax of 1% while purchasing and deducts 3% from the transaction when selling the token.
The 1% buying tax contributes to several crucial causes. It supports funding ongoing development efforts, marketing, and community initiatives. On the other hand, the 3% selling tax works as a revenue source for the development and expansion of the projects.
These taxes are for the good of the community. These funds can be used for projects like liquidity provisions, to reward the holders, and for various other charitable causes.
Tokenomics of HPIA
According to the Hydropia whitepaper, the tokenomics of the crypto is as follows:
- A total of 50% of the token would be allocated for presale and liquidity provisions.
- 15% of the collection would be used for marketing.
- 20% of the chunk would be burned.
- 10% of the supply would be used for centralized exchange listings and partnerships.
- 5% of the token would be allocated for airdrops and giveaways.
Disclaimer
This article is for educational purposes for readers. It does not constitute financial advice for anyone. Readers are advised to conduct their own research before making any financial decision. Also, it is better to consult with a professional before making any decision based on this content.
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