🌸 Hana Network: July 2024 Update

The Consumer Layer for Babylon and EigenLayer

thaiji
Hana Network
Published in
3 min readAug 1, 2024

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July has been an exciting month for the blockchain industry, with the approval of an Ethereum ETF, which saw inflows totaling $1.183 billion in the last week of the month.

This milestone indicates a significant opportunity for more investors to join the rapidly growing blockchain ecosystem, similar to the earlier approval of the Bitcoin ETF in the first half of the year. Such developments signal a promising path toward mass adoption, fostering sustainable growth for the entire ecosystem built on blockchain technology, which aims to transform traditional finance.

At Hana Network, we believe in the power of blockchain technology and strive to be a crucial piece in onboarding everyday people to the blockchain ecosystem. By offering a gamified experience, we aim to enhance user engagement and make blockchain interactions more accessible and enjoyable for everyone.

Hana in July

We have been focusing to prepare the launch of our upcoming testnet and mainnet, while also enhancing the experience for our community members through strategic partnerships. Additionally, we have been dedicated to creating a campaign to engage our community members. A significant positive development in July is the substantial progress we have made.

Hana Reunion is an exciting campaign designed to boost Hana Network adoption through a fun, gamified experience featuring multiple tasks. By participating, you might earn special perks for our upcoming initiatives. This campaign aims to introduce the Babylon ecosystem, which we’re positioning as the consumer layer on top of the Bitcoin restaking ecosystem. This step is crucial in our journey to build a robust and vibrant ecosystem.

Earlier in July, we announced a campaign for educators in the blockchain ecosystem to compete for exclusive rewards. With over 50 educators participating in the event, this indicates significant traction for Hana Network.

The campaign has fostered a collaborative environment, encouraging knowledge sharing and innovation within the community. The positive response and high engagement from educators highlight the growing interest and confidence in Hana Network’s initiatives.

In addition, during the Hana Network Full Bloom Campaign, we saw over 21,000 NFTs minted on the Arbitrum. This further demonstrates our traction and the success of our gamified community approach. Community members who hold the NFT receive a special role on Discord, like “Full Bloom,” enhancing their engagement and interaction within our ecosystem.

With this experience, we are planning to leverage what we learned from the prior campaigns to enhance our upcoming Hana Reunion campaign to grow the Babylon ecosystem.

We always explore new opportunities with our hardworking team to build a vibrant community from various spaces. This month, we partnered with IQ Wiki, the largest Wikipedia for the blockchain ecosystem.

This integration allows community members to easily access detailed information and insights about our network, fostering better understanding and engagement. By leveraging IQ Wiki’s extensive knowledge base and AI capabilities, we aim to enhance the user experience and support our community more effectively.

What is Next?

We are entering the City of Babylon

About Hana Network

Hana Network is a project focused on making it easier for users to enter the blockchain space. It is built on the Cosmos SDK and uses a Proof-of-Stake consensus mechanism. It has already launched a successful testnet application powered by zero-knowledge proofs, attracting over 200,000 users.

Hana Network aims to simplify user onboarding and bridge the gap between traditional finance and the blockchain world through its innovative consumer applications built on top of Babylon and EigenLayer. The restaking ecosystem will be the foundation of the blockchain ecosystem.

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