What is Hacash Diamond (HACD)?
Hacash Diamond (HACD) is the native currency and a Non-Fungible Token (NFT) on Hacash layer 1. Each HACD is uniquely composed of six letters inscription, randomly generated from the characters WTYUIAHXVMEKBSZN, resulting in a total of 16,777,216 possible HACDs. The first HACD, featuring the letters "NHMYYM," was mined and generated through a bidding process on May 16, 2019. Similar to Bitcoin, HACD has a finite total supply and is produced through mining. However, a maximum of 58 HACDs can be mined each day, with the mining difficulty continuously increasing.
How does Hacash Diamond work?
Theoretically, it would take about 800 years to mine all HACDs, but like gold, they have a defined total quantity that can never be fully mined. In terms of currency usage, HACD is primarily utilized for value storage. The production of HACD requires not only mining but also bidding using HAC(Hacash). The completed bids result in the destruction of HAC, thus regulating HAC's supply to maintain its purchasing power stability. In the NFT space, HACD is recognized as the first Proof of Work (PoW) NFT, and daily on-chain auction NFT.
What is Hacash Diamond used for?
It is also referred to as a "visual Bitcoin." Additionally, each HACD can be transformed into different artistic forms based on unique generative art rules, known as PoW generative art, adding to its value as a unique art collectible.
Where can you buy Hacash Diamond?
Hacash Diamond (HACD) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for HACD sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting HACD, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
