Hacken Analysis and Potential

Overview

Hacken is a community-powered cybersecurity ecosystem for white-hat hacking (or ethical hacking). White hat hackers are expert, ethical hackers that specialize in testing and enhancing the security of an entity’s IT system, through exposing certain flaws or vulnerabilities inherent within the system. The core component of the Hacken ecosystem – the Hacken marketplace – features a platform which connects ethical hackers with developers that require fixes and enhancement of their systems.

Road Map

Applications and Ecosystem

What’s interesting behind the concept of Hacken, is that it creates a dedicated cybersecurity platform that allows white hat hackers to solve the needs of those requiring security fixes and enhancements. This is a big step towards formalising the notion of ethical hacking and Hacken could very well be at the forefront of its advancement.

The Token

 The HKN token is the lifeblood of the entire ecosystem:   

• 5.6 million token fixed supply and 4.6 million in circulation
• Token allocation: 83% to Hacken community, 10% team remuneration, 7% advisors.
• The Burning Model:  This is where things get very interesting. Hacken has designed a unique way to pay back investors without violating the Howey test. Click here to read more about it.

Partnerships

The Hacken team works daily really hard to get the acquire the best partnerships possible, the las few months have been an explosion in the Hacken business, these are some of them:   

Conclusion 

Overall, Hacken is a very promising project, as it’s a first mover into the cybersecurity field utilizing blockchain. More importantly, its objectives of proliferating ethical hacking and its development through solving a real business need (security testing and fixes) represents a natural fit. The success of Hacken’s ecosystem could set it up to be an authority in the cybersecurity arena, both in the traditional and blockchain industry.   

*This is not professional trading advice - it's just my opinion!

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