Hathor Network is one of the top blockchain projects which can be used to build scalable applications. Hathor Network has a unique architecture which makes use of a Directed Acyclic Graph(DAG) along with a blockchain which enables it to handle a huge load of transactions.
NFT support was rolled out on Hathor in Q3 2021. This has led to an NFT ‘boom’ on the network with numerous projects launching. One such project is Hathor Gum, a community driven NFT project.
Before we take a look at this interesting project, let us see why Hathor Network could become one of the leading chains for NFT launches.
- Instant transactions
- Zero gas fee mints
- Low cost for minting NFTs
- User-friendly
- Bitcoin grade security
All these features make Hathor the perfect place for artists to showcase their talents for relatively low costs. The elimination of transaction fees allows everybody to participate in the ecosystem.
Hathor Gum
Hathor Gum is an NFT collection on Hathor Network consisting of 3D rendered gum NFTs which are unique containing different traits. The main aim of Hathor Gum NFT is to build support from the community to pursue future projects by issuing collectibles with utility.
Hathor Gum will consist of 5000 unique Gum NFTs. There are 5 possible rarity tiers : common, uncommon, rare, mythic and legendary. Each NFT will consist of each of the following traits: background, flavour, package texture, unique text and flavour merge. Holders of Hathor Gum NFTs will have the opportunity to get airdrops in the future.
The collection will consist of 4500 static NFTs and 500 animated NFTs.
Hathor Gum NFT launch
The mint will start at 18:00 PM (CEST) on October 29th.
The Hathor Gum team also gave honorary NFTs to famous Twitter influencers like DreadBongo , AdamHodl and other Hathor projects like AnubisCoin.(NileSwap). Some elements of the honorary NFTs will be included in the collection of the public mint.
NFT milestones
- 10% sold : A community wallet will be created to further invest in Hathor Gum.
- 25 % sold : Limited Hathor Gum merchandise revealed. 100 lucky holders will get a Golden Ticket airdrop.
- 50% sold : Raised funds will be used to reinvest and cover initial start up costs.
- 75% sold : 5% of funds raised will be donated to a Charity Fund. Exploring a burning mechanism for Gum NFTs.
- 100% sold : 5% of total money raised will be used to buy the floor of the Gum NFTs.
Charity Fund
5% of the total sale value acquired from the NFT mint will go to the Built with Bitcoin Foundation.
Built with Bitcoin is a charity organization which aims at providing access to education, clean drinking water, sustainable farming and humanitarian support to those who need it. Hathor Gum is not only focused on creating a community but also on giving something back as well.
Roadmap
Q2 2021
- Completion of whitepaper
- Hathor Gum NFT concept
- Expanding team and hiring artists
Q3 2021
- Creating Hathor Gum NFTs
- Creation of Discord and Telegram channels
- Hathor Gum NFT reveal
- Increased marketing
Q4 2021
- Launch of NFT collection
- Golden ticket airdrop
- Giveaways and honorary NFTs
- Introducing $GUM , a Defi project
Q1 2022
- Burning of Gum NFTs
- Revealing $GUM use case
- $GUM airdrop
- Launching the $GUM sale
Q2 2022
- Launch of Defi app v1
- Exploring new Defi ideas
- Securing partnerships
- Exploring bridges to other chains
Q3 2022
- Launching new use case and applications
- UI improvements to Defi app v2
- Increased utility with $wGUM on other chains
Hathor Gum is one of the most anticipated launches on Hathor. With a huge following and an impressive roadmap which involves combining elements of NFTs and cross-chain Defi, Hathor Gum will definitely play a key role in the development of the Hathor Network ecosystem.
Read this article to learn about how Hathor Network works.
Join the Hathor Gum community on Telegram and Discord.
Join the Official Hathor Network Community on Telegram and Discord.
