HAVAH Q3 Review: Gradual Advancement

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HAVAH official

12 min readOct 23, 2023

Intro

Last week, we announced our “Technical Partnership” with the Solana Foundation. This collaboration carries special meaning for HAVAH, since it means we’ve now expanded our previously EVM-only interchain business to now include non-EVM chains as well. It’s both exhilarating and thrilling to think that HAVAH is moving “BEYOND CHAIN BARRIERS” and bringing blockchains together.

We’ve now entered Q4, which means year’s end is just around the corner. The HAVAH team always introduces itself with “Greetings from HAVAH, the Next-Generation Interchain Platform.” Throughout Q3, we believe HAVAH has been shaping itself into a genuine multi-chain service platform, forging real-world use cases. Just as we did in the Q1 and Q2, we will use this medium to review the accomplishments of the HAVAH team during Q3, reflecting on what we have achieved and what preparations we need to make moving forward.

PART 1. Major Events of Q3 ‘23

1. July

Kakao Games joined as an HIIP
IOST Foundation joined as an HIIP
HAVAH Friends KIKI NFT launched and sold out on GameFi.org’s launchpad
HVH listed on Bithumb’s BTC market
Participated in WebX JAPAN
ALTAVA Land NFT multi-chain service launched (Ethereum ↔ Polygon)

2. August

PERPLAY private test
MINE WARZ community opened
WeMix Network connected to HAVAH Mitter
ALTAVA BAGC NFT multi-chain service launched (Ethereum ↔ WeMix)
Hana Wallet (iOS) integrated into the HAVAH Network

3. September

MINE WARZ Pre-Mining event started
Participated in KBW 2023
Hosted KBW 2023 side event — HAVAH and Friends VIP Dinner
Attended TOKEN 2049 Singapore
Airdropped HAVAH Friends VUVU NFT
HAVAH Friends NFT exhibition with Third Space
Parameta acquired Technology Credit Evaluation (TCB) TI-1 grade
Renewed the Feel-Lucky Draw event

PART 2. Major Achievements of Q3

1. Additional listing of HAVAH coin (HVH) on Korean exchanges and network integration.

HVH’s listing on the Bithumb BTC market.
Integration of Hana Wallet (iOS) with the HAVAH network.
Ongoing business discussions with various exchanges and wallet providers.

On July 25, HAVAH coin (HVH) was listed on the Bithumb BTC market. In August, the HAVAH network was integrated with Hana Wallet (iOS) for mobile, thus enabling transactions in HVH. In our Q2 report, we promised to enhance the accessibility of HVH. Now, HVH can be deposited and withdrawn as HSP-20 without bridging on Bybit, and digital asset management is possible on mobile through Hana Wallet.

We are continually developing new partnerships with CEX exchanges other than Bybit, as well as various blockchain wallet providers. The HAVAH team will continue to work so that more people can acquire HVH more easily.

2. Expansion of the HAVAH Ecosystem.

Inclusion of New Validators: Kakao Games and IOST Foundation
Announcement of 11 Partnerships: NEAR Korea, Pomerium, and more.

During the last quarter, we collaborated with 13 projects. Kakao Games, a leading game company in Korea, and IOST Foundation, a global blockchain platform, joined as validators for the HAVAH blockchain, and a partnership was announced with NEAR Korea.

The HAVAH team meticulously examines potential partner services to identify tangible collaboration opportunities before making strategic partnership decisions. With GAMEFI.ORG, we conducted the HAVAH Friends KIKI INO, and with ALTAVA, we implemented multi-chain services for NFTs. NFTs from ArcheWorld and MetaBeat will soon be used in HAVAH’s DApp, MINE WARZ.

In Q4, there will be an increase in teams utilizing HAVAH’s interchain technology. Various foundations and teams, recognizing the need for multi-chain services, are knocking on HAVAH’s door.

3. Continuous Growth of the HAVAH Community.

Providing consistent entertainment for users, including KIKI’s Special Missions and Feel-Lucky Draw events.
Conducting various events in partnership with 9 different entities, such as AMA events, trade events, on-site NFT exhibition events, and more.
Surpassing 250k members on Discord.

The HAVAH team possesses two distinct strengths unparalleled by others. One is our unique interchain technology, and the other is our expansive global community. While the former is made possible by the technical support of our technology partner, PARAMETA, the latter can be credited to the active participation and help of our community members.

Following our efforts in Q2, we continued in Q3 to express our gratitude by developing and providing content for our community to enjoy. We updated the jackpot feature in the Feel-Lucky Draw and engaged our HAVAH Friends holders through KIKI’s Special Missions. Additionally, we organized a total of 9 events, both online and offline, including joint events with our partners, HVH trading events, and NFT exhibition events.

We at HAVAH believe that the growth of our community directly translates into the growth of the HAVAH ecosystem. We are committed to a community-centric approach during Q4 and into 2024. We humbly ask for the continued participation and interest of all HAVAHrians.

4. Expansion of Interchain Business Using HAVAH Mitter

Mainnet addition: Wemix Network
Testnet addition: APTOS Network
ALTAVA Land NFT: Ethereum ↔ Polygon
ALTAVA BAGC NFT: Ethereum ↔ Wemix

With the integration of the Wemix Network into HAVAH Mitter, we now support a total of 7 networks, including HAVAH. In collaboration with both Wemix and ALTAVA, we launched the multi-chain service for ALTAVA BAGC NFT between Ethereum and Wemix starting in August. Additionally, HAVAH Friends NFTs made their appearance in GRAMPUS’s ‘NORMA IN METALAND’ game as friends, becoming usable in-game characters. This represents a multi-chain use case between HAVAH and the Klaytn network.

With collaborations spanning across teams such as Bellygom, MEVers, NORMA IN METALAND, and ALTAVA, the HAVAH team is in the process of expanding its interchain business and developing various use cases. We will delve deeper into the details of our upcoming initiatives in PART 3 -1.

5. Participation in WEB3 Conferences

(Japan) Participation in WebX 2023
(Korea) Participation in KBW 2023 and hosting of HAVAH and Friends VIP Dinner
(Singapore) Participation in TOKEN 2049

The HAVAH team attended various WEB3 conferences starting from WebX in July, followed by KBW and Token 2049 in September this year. During these conferences, meaningful meetings were held with various L1/L2 foundations, NFT marketplaces, and NFT and GameFi projects. We were able to meet partners from various countries including the USA, Japan, and Vietnam. Many of these teams actively participated in HAVAH’s side event at KBW 2023 titled “HAVAH and Friends VIP Dinner.”

Around 100 key individuals from approximately 55 teams attended the HAVAH and Friends VIP Dinner, making it a vibrant gathering. HAVAH dreams of creating a world that seamlessly connects all the diverse blockchains in existence. Whether it’s L1/L2, game chains, or app chains, we envision connecting these fragmented and independent networks. Many teams agreed with this vision and proposed that, “We create multi-chain collaborations among ourselves.”

We aim to solidify the bond with our existing valuable partners and convert the partners we made friends with in Q3 to staunch supporters of the HAVAH ecosystem.

6. HAVAH Friends Updates for Q3

HAVAH Friends KIKI NFT Public-sale sold out, with 400k+ transactions recorded.
HAVAH Friends VUVU NFT airdrop completed with a total of 6,057 donors.
HAVAH collaborated with 3 Space Art for HAVAH Friends NFT exhibition.

The HAVAH Friends IP continues to grow and make its mark. In July, through the GAMEFI.ORG launchpad, 3,500 KIKI NFTs were sold out in minutes. KIKI set an unprecedented record for a single NFT project by generating over 400,000 transactions. In September, we completed the VUVU NFT airdrop through a donation and lottery system. A total of 6,057 HAVAH supporters participated, allowing us to allocate 60,570 HVH to the Sustainable Fund. Once again, we’re deeply grateful for everyone’s participation.

During the KBW 2023 period, we organized the HAVAH Friends NFT exhibition in collaboration with our partner, 3 Space Art. This was the first-ever offline showcase of HAVAH Friends, attracting many visitors. Organizing the exhibition led to the discovery of new potential partners. In fact, we’re excited to announce an upcoming collaboration with the HASHKEY NFT team, who were also exhibitors in the same space.

7. HAVAH DApp Updates for Q3

PERPLAY Private Test Initiated
MINE WARZ Community Launched
MINE WARZ Pre-Mining Event Kicked Off

In August, as promised in Q2, we unveiled MINE WARZ to the world. MINE WARZ is a simple mining tycoon game that aims to embody the spirit of interoperability, which is what the HAVAH team advocates for, at the DApp level. Within a month of its launch, the community surpassed 50,000 members (combined from Twitter and Discord). Pre-mining event, which began on September 4, now has over 100,000 participants.

PERPLAY also brought good news in Q3. They conducted a private test, during which the number of participants more than doubled. Notably, they maintained a D+31 user retention rate of 76% and concluded the test successfully. After the private test, the trading volume of PERPLAY’s Genesis NFT surged more than threefold, attracting the interest of participants.

Furthermore, they announced the registration of three patents: ‘Game Launcher Operation System and Method’, ‘Method of Creating Mining NFTs for Game Launcher Operating Platform Server’, and ‘Game Execution Method Using Mining NFT and Game Launcher for it’. With these achievements, PERPLAY has proven its value as the world’s first WEB3 Game and Earn platform and can now protect the rights of its business and digital assets.

8. Q3 2023 Sustainable Fund Allocation Update

1) Planets sold for USDT:

Number of HVH exchanged for deposit into the Sustainable Fund: Approximately 7.6M HVH
Remaining Sustainable Fund in USDT: Approximately 2.2M USDT

2) Planets sold for HVH:

Amount of HVH transferred to the Sustainable Fund: Approximately 3.1M HVH (Immediately allocated to the Sustainable Fund upon sale)

9. HAVAH’s Q3 Review

In a single word, HAVAH’s Q3 can be described as ‘steady growth’. Just in the last quarter, we announced over 10 partnerships and had more than 400,000 TXs through HAVAH Friends. We have introduced HAVAH in various countries like Japan, South Korea, and Singapore. Numerous teams commend HAVAH for having such a large community, even though it’s been less than a year since its inception, its stable infrastructure (mainnet), services (HAVAH Mitter), meaningful partnerships, and the continuous creation of actual use cases.

Based on this, multi-chain partnerships are gradually increasing, and more teams are also looking to issue digital assets on the HAVAH network. Instead of the traditional L1s’ business approach, where it’s challenging to emphasize a distinctive difference even with concentrated efforts in attracting DApps, our strategic choice to secure competitiveness through community growth and the development of non-dependent multi-chain functions is beginning to show results.

Although there seems to be skepticism about the WEB3 industry due to adversities in recent years, the WEB3 market, as witnessed in Tokyo, Seoul, and Singapore, is still robust and demonstrates growth. HAVAH, too, plans to move forward one step at a time in preparation for the industry’s next growth phase.

PART3. HAVAH’s Q4 is…

1. Expansion of HAVAH Mitter Network

During Q4, HAVAH will add the APTOS, SOLANA, BASE, and OKTC networks.
Additional networks will be added by the end of the year based on business priorities.

In Q4, we are proceeding with the integration of a total of 4 networks into the HAVAH Mitter. We plan to add non-EVM representative networks, APTOS and SOLANA, and are also preparing to support EVM’s BASE and OKTC networks. Particularly for SOLANA, as it is non-EVM, there are technical challenges and it takes more time to connect the network. With the cooperation of the SOLANA foundation technical team, we are making good progress. We would like to take this opportunity to express our gratitude.

HAVAH strives to continue connecting networks and driving Web3 user activity to HAVAH Mitter in its effort to sustain its competitiveness.

2. Advancement of Multi-Chain Business.

The HAVAH Mitter Protocol (API) is under development, with launch of services planned for the end of the year.
It will be compatible with individual project sites for bridging services.

Currently, HAVAH Mitter can only be used when users directly access the mitter.havah.io website. Due to requests from many teams, we are developing the HAVAH Mitter Protocol (API) and aim to launch the service within the year. Once individual project WEB/APPs are made compatible with the HAVAH Mitter bridging service, we anticipate a significant improvement in user convenience.

Additionally, while HAVAH Mitter currently provides bridging primarily for NFTs, from Q4, we plan to fully start offering two-way bridging services for both FTs and NFTs. Many teams are inevitably issuing tokens based on ERC-20 for various purposes beyond listing. In the future, both FT and NFT bridging services will be available through HAVAH Mitter.

3. New HAVAH Friends NFT Launch Planned

The world’s first Gamification NFT, BEBE, is under development.
Collaboration with major networks for minting is planned.

A new HAVAH Friend named BEBE will be coming to you soon. If KIKI was the world’s first Growth NFT, BEBE is currently being developed as the world’s first Gamification NFT. We are structuring content so that you can experience various games while growing BEBE, and we call upon all HAVAH’rians and HAVAH Friends holders for their continued support.

BEBE will collaborate with major networks for its minting process. Once the business details are more concrete, we will share more updates on our community.

4. The official start of HAVAH DApp onboarding.

In October, PERPLAY launched its OBT service with the aim of officially launching services by the end of the year.
MINE WARZ service is scheduled to launch in December.
Inanis Invictus is onboarded to HAVAH’s multi-chain.

PERPLAY began its OBT on October 6. From this OBT, they state that Free NFT codes will be given out weekly, allowing anyone to experience mining. For more details, check out PERPLAY’s Medium! They’ve applied major system updates and balance patches comparable to their official service. Various events, including token rewards through friend invitations, are also being held, so we ask for the continued interest and support of the HAVAH community.

In December, we plan to launch MINE WARZ. In MINE WARZ, Buddy NFTs, which have been acquired through various partnerships, will be used as character profiles. Over 10 projects, including Yuliverse, have already joined. Firstly, in November, MINE WARZ plans to issue mining rights NFTs across multiple networks. Then, when its launch goes ahead in December, silver mined during the Pre-mining event period will have the chance to be converted to gold (in-game currency).

5. Continuous Allocation Work for the Sustainable Fund

We plan to continuously allocate 60% of the proceeds from planet sales made in USDT to the Sustainable Fund.
Remaining funds: Approximately 2.2M USDT.

The core of HAVAH’s token economy is the Sustainable Fund. The HAVAH team has committed to allocate 60% of the planet sales proceeds to the Sustainable Fund, and there remains approximately 2.2M USDT from the planet sales made in USDT. We will transparently report the management of these funds on a quarterly basis.

Outro

In Q4, we will commence full-fledged support for non-EVM-based networks such as Aptos and SOLANA. Additionally, as a means of proactively meeting potential opportunities, we are gearing up to support the BASE and OKTC networks. Building on this, we anticipate more digital assets to onboard the HAVAH network and look forward to servicing them across multiple chains through HAVAH. This will contribute to the activation of the HAVAH network and the expansion of the Sustainable Fund.

The official launch for PERPLAY and MINE WARZ is on the horizon. Moreover, many teams are preparing to announce being onboarded to the HAVAH network. The meticulous efforts poured into infrastructure building and network connections over the past year are expected to bear tangible results, culminating in Q4.

Q4 is crucial as it ends with the beginning of 2024. As market conditions shift, we’ll leverage the experience amassed within HAVAH to refine our strategies for 2024. While meaningfully wrapping up 2023, we’ll also lay the groundwork to present a vision for the upcoming year.

To the HAVAH community, we are ever grateful for your unwavering support.