
HAVAH
Limitless world where everyone can be connected and have fun through nfts from different networks.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor investor | €0.0 | round | |
* | N/A | Seed | |
Total Funding | 000k |
Related Content
Established in 2022 and based in South Korea, HAVAH is an interchain platform focused on the Non-Fungible Token (NFT) market. The company was developed through a collaborative effort by teams from ICONLOOP, 2bytes, and Web3 Solutions to address the lack of interoperability for NFTs across different blockchain networks. This initiative was driven by the need to create a unified ecosystem where digital assets could move and be utilized freely, without network constraints.
HAVAH operates as a Layer-1 interchain platform, enabling users to bridge NFTs from various blockchains, such as Polygon and BNB Chain, into its own ecosystem. This is accomplished through its proprietary interchain NFT transmission protocol and a bridging service called HAVAH Mitter. The core of its business is to provide an infrastructure where NFTs can be aggregated and used across different decentralized applications (dApps), including games, social media, and financial services. The company has its own mainnet and a native utility token, HVH, which is used for transaction fees within the ecosystem. The business model incorporates a deflationary tokenomics structure, where a portion of fees from transactions and services are moved to a Sustainable Fund, effectively reducing the circulating supply of HVH.
The platform allows users to manage and showcase their NFT collections from multiple chains in one location. A key feature is the ability to use these bridged NFTs within HAVAH's native dApps, such as the game Crypto Gear, and partner applications. For users who contribute to the network's operation by running "Planets" (nodes), the platform offers HVH coin rewards. The company has secured funding from institutional investors including MAMA Ventures, HG Ventures, and MARBLEX Corp.
Keywords: interchain platform, NFT interoperability, blockchain bridge, digital asset management, decentralized applications, GameFi, HVH token, crypto-assets, Layer-1 blockchain, metaverse, NFT marketplace, cross-chain, tokenomics, node operation, web3, digital collectibles, multi-chain, blockchain gaming, ICONLOOP, NFT utility