With the launch of the Hephaestus Ecosystem, the HPC token officially goes live on the 9th of June, 2023. Hephaestus serves as an intricate system straddling the tangible and digital worlds, pioneering novel technologies and mechanisms to foster an open, equitable, and collaborative ecological platform. In a bid to stimulate and endorse proactive community participation, the Hephaestus ecosystem introduces the HPE NFT Honour System designed to acknowledge, appraise, and incentivize the contributors.
The honour system features various card tiers distinguished by their colours: the Trailblazer - HPE Red Card, Distinguished Contributor - HPE Yellow Card, Distinguished Community Leader - HPE Blue Card, Distinguished Regional Leader - HPE Purple Card, and HPC Partner - HPE Gold Card. The issuance and the rights associated with each card tier correlate to its corresponding honour and prestige. Moreover, stakeholders can obtain HPE NFTs by staking HPE Tokens and, in turn, stake these NFTs to procure HPC ecosystem tokens.
The official debut of the HPC token complements the formation of the Hephaestus ecosystem, marking a significant milestone in the newly launched system. The HPC token, the internal currency of the Hephaestus ecosystem, is poised to see widespread application. Key ecosystem tools like the HPE WALLET and HPE Browser will utilize the HPC, further bolstering its future value. Furthermore, as the Hephaestus ecosystem matures, the HPC token will become a significant bonus factor for its participants.
"We believe that the Hephaestus ecosystem will revolutionize the current digital world. Our goal is to create a pioneering model that transforms the Hephaestus ecosystem into an open, fair, shared, and sustainable network. By introducing new technologies and mechanisms, the Hephaestus ecosystem will invigorate participant engagement and creativity while providing a sustainable mechanism of support," stated the Hephaestus Operations Department.
The launch of the Hephaestus ecosystem is poised to lead the future progression of blockchain technology and the digital world. Correspondingly, as the Hephaestus ecosystem steadily evolves, the HPC token will become a vital bonus for network participants.