The New Hacken Club Membership Announcement!

3 min readMar 3, 2021

We are excited to announce that the New Hacken Club Membership will become available on 9 March! All Hacken Club Members who have active membership will be able to migrate it directly in the HackenAI App with no migration fee! The instruction will be provided soon!

What’s New?

Hacken Club Levels

Instead of 4 levels in our previous membership model, the New Hacken Club membership will include 3 Levels: Member, Associate, and Partner. Instead of the USD nomination we have decided to switch to the HAI nomination. The Hacken Club Membership starts from 1,000 HAI.

We have also decided not to limit you by the exact amount of HAI. Now, you can lock any amount of HAI tokens on the Membership smart-contract.

Level 1: 1,000–9,999 HAI
Level 2: 10,000–99,999 HAI
Level 3: 100,000 — Unlimited

You will be able to purchase, upgrade, and manage your membership in a more convenient way. You can replenish and upgrade your membership level whenever you want within the membership period. You can also decide what membership period to choose. Hacken offers you 6 and 12 months periods. The longer period, the higher benefits.

Yield

Starting from Level 2 membership, you are eligible to earn yield on your locked tokens. Tokens credited as yield are taken from the Hacken Foundation Reserves and do not increase the total amount of issued tokens and, thus, do not cause inflation. The Yield will be determined based on your membership level and lock-up period.

Level 2: Associate

6 months — 5% (Annually)
12 months 7% (Annually)

Level 3: Partner

6 months — 7% (Annually)
12 months — 9% (Annually)

The Yield is accrued on a daily basis. You will be able to either withdraw Yield or capitalize it on demand. In the latter case, the yield will be added to your locked-up tokens.

Farming Boosters

This is probably the most interesting part of Hacken Club Membership. Farming Boosters enable you to farm more tokens with the same amount of Staked HAI. Farming boosters will be applied once you start farming and their multiplier will depend on the Hacken Club Membership Level:

Level 1: 1,05X (+5%)
Level 2: 1,20X (+20%)
Level 3: 2X (+100%)

Farming will become available from the mid-March. Further announcements are coming.

B2B and B2C Referral Bonuses

Likewise the previous membership model, the New Hacken Club Membership provides benefits for attracting new members and corporate clients.

If you know corporate clients who may be interested in any of the services provided by Hacken, just give them the contacts such as telegram or email of Hacken official representatives. As soon as the job is done you will receive your referral bonus.

To attract new Hacken Club Members just use the coupons available in HackenAI App. Generate coupons and send them to your friends. Once they apply the coupon to make a purchase, the reward will be provided automatically.

HackenAI Ecosystem

In Hacken, we believe that cybersecurity is the right since everyone should be protected on the Internet! All Hacken Club Members will have Free access to the HackenAI Ecosystem of cybersecurity Apps. hVPN, hPass, hGuard, and hAuth are only the beginning of the journey! More products will come soon. Authorization is simple. If you have Hacken Club Membership, just authorize with the email used in HackenAI App. Free Premium access will be provided to you for the whole period of Membership!

Early Termination Fee

All members will be able to terminate their membership at any time. Early termination fee depends on the membership level.

Level 1: 30%
Level 2: 20%
Level 3: 10%

All early termination fees will be burned immediately!

Membership Migration

All Hacken Club Members who have active membership will be able to migrate it directly in the HackenAI App with no fee! Migration instructions will be provided soon! Stay tuned.