#### What is Hacken Token? Hacken Token (HAI) is a multi-faceted digital asset that serves as a work-to-earn, product-utility, and governance token. It is managed by a [decentralized autonomous organization](https://blog.coinbase.com/daos-social-networks-that-can-rewire-the-world-128b73732547) ([DAO](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/decentralized-autonomous-organization--dao-)) known as hDAO. The Hacken community, established in 2017, is a collective of over 100,000 individuals who are actively contributing to the development of verifiable trust in the [Web3](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/web3) space. The HAI ecosystem is composed of various products that are interconnected through the HAI token. The Trust Army, a core component of the ecosystem, enables individuals to acquire skills, a profession, and a stable income by researching [blockchain](https://www.coinbase.com/learn/crypto-basics/what-is-a-blockchain) data and contributing to the transparency of Web3. #### How does Hacken Token work? The Hacken Token operates within an ecosystem that encourages community participation and contribution. One of its key utilities is the Trust Army, which allows individuals to earn by researching blockchain data and contributing to the transparency of Web3. Another significant utility of HAI is the ETD, which combines the business success of a company with its token. By purchasing ETD, B2B clients receive the work time of the [smart contract](https://www.coinbase.com/learn/crypto-basics/what-is-a-smart-contract) auditor team, which in turn stimulates [liquidity](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/liquidity-) growth and activates deflationary mechanisms for the HAI token. The Hacken Token also serves as a governance token, giving the community the power to influence the token, products, HAI Treasury, and the Web3 industry itself. #### What are the potential use cases for Hacken Token? The Hacken Token has a wide range of potential use cases within its ecosystem. It can be used to gain access to the Trust Army, a platform that allows individuals to earn by researching blockchain data. It also plays a crucial role in the ETD utility, where it is used to purchase the work time of the smart contract auditor team. This not only boosts liquidity growth but also activates deflationary mechanisms for the HAI token. Additionally, the Hacken Token can be used to gain voting power for HAI [staking](https://help.coinbase.com/en/coinbase/trading-and-funding/staking-rewards/eth-2-0-staking) and extra APY for decision-making, thereby giving the community the ability to influence the token, products, HAI Treasury, and the Web3 industry. #### What is the history of Hacken Token? The Hacken Token was established in 2017 as part of the Hacken community's initiative to build verifiable trust in Web3. Over the years, the community has grown to over 100,000 individuals, evolving into a self-governed association that contributes to the development of the Web3 space. The Hacken Token has been instrumental in this transformation, serving as a work-to-earn, product-utility, and governance token within the HAI ecosystem. The Hacken community has faced numerous challenges and bear markets since its inception, but it has managed to create a sustainable business model that includes B2B services and products, B2C solutions, and its own token ecosystem.