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hiGAZERS news
About hiGAZERS
What Is hiGAZERS?
hiGAZERS is an NFTETF (Non-Fungible Token Exchange Traded Fund) token that is backed by the Gazers NFTs (Non-Fungible Tokens). One hiGAZERS token represents 1/1,000,000 Gazers in an on-chain Gazers Meta-swap pool operating automatically on the Fracton Protocol's smart contracts. No one has the authority to control them, and it's also permissionless for users to redeem Gazers NFTs from hiGAZERS tokens with only a 0.6% redemption fee.
How Many hiGAZERS Coins Are There in Circulation?
The total supply of hiGAZERS tokens is dependent on the number of Gazers NFTs in the meta-swap pool. There is no hard cap for hiGAZERS. For every Gazers NFT in the pool, there are 1,000,000 hiGAZERS tokens in circulation.
How Is the hiGAZERS Network Secured?
hiGAZERS is an Ethereum-based, ERC-20-compatible token. As such, it is secured by Ethereum's state machine.
hiGAZERS is a multifaceted cryptocurrency token that operates within the Ethereum blockchain ecosystem, showcasing its versatility and integration with innovative blockchain technologies. It serves as a subscription plan for a specific security service and also functions as an NFTETF token, underpinning its diverse utility in the digital asset space.
The primary function of hiGAZERS is to act as a HAI-based subscription for the Hacken Extractor, which is a sophisticated post-deployment security monitoring system for on-chain smart contracts. This aspect highlights its role in enhancing the security infrastructure within the blockchain domain, ensuring that smart contracts operate as intended without vulnerabilities.
In addition to its security-oriented utility, hiGAZERS embodies the characteristics of an NFTETF token. It is backed by Gazers NFTs, with each token representing a fractional share of the Gazers in an on-chain meta-swap pool. This pool operates on the Fracton Protocol's smart contracts, emphasizing a decentralized and permissionless framework for NFT redemption. A notable feature of this system is the low redemption fee, making it accessible for users to exchange hiGAZERS tokens for Gazers NFTs.
The circulating supply of hiGAZERS tokens is directly correlated with the number of Gazers NFTs in the meta-swap pool, indicating a dynamic supply mechanism without a predefined hard cap. This supply structure ensures that the tokenomics of hiGAZERS can adapt to the fluctuating dynamics of the NFT market.
Security is a paramount concern for any cryptocurrency, and hiGAZERS addresses this through its foundation on the Ethereum blockchain. Being ERC-20-compatible, it benefits from Ethereum's robust security measures, safeguarding the network and its participants against potential threats.
For those interested in acquiring hiGAZERS tokens, they are accessible through various trading platforms, including both decentralized and centralized exchanges. This availability facilitates ease of access for potential investors and users looking to engage with the hiGAZERS ecosystem.
As with any investment in the cryptocurrency space, it's crucial to conduct thorough research and consider the inherent risks. The landscape of digital assets is constantly evolving, and staying informed is key to navigating it successfully.
How is hiGAZERS secured?
hiGAZERS employs a multifaceted security approach to ensure the safety and integrity of its network and assets. This strategy encompasses several layers of protection to guard against potential threats and vulnerabilities.
Firstly, the network leverages the robustness of Ethereum's blockchain, utilizing its state machine for securing transactions and interactions within the hiGAZERS ecosystem. Being built on Ethereum, an ERC-20-compatible token, hiGAZERS benefits from the high security standards and decentralized nature of the Ethereum network.
In addition to the inherent security provided by Ethereum, hiGAZERS incorporates constant on-chain monitoring to detect and respond to suspicious activities or anomalies in real-time. This proactive surveillance helps in identifying potential security threats early, allowing for swift mitigation actions.
Machine Learning (ML) model verification is another critical component of hiGAZERS' security framework. These models are employed to analyze patterns and behaviors on the network, enhancing the detection of irregularities that could indicate security breaches or fraudulent activities.
The implementation of protection mechanisms by security firms further fortifies the hiGAZERS network. These mechanisms are designed to safeguard the network and its users from various cyber threats, including hacking attempts and other malicious exploits.
For users seeking an additional layer of security for their assets, hiGAZERS supports the use of hardware wallets. These devices offer enhanced security by storing users' private keys offline, making it significantly harder for unauthorized parties to access the funds.
Moreover, hiGAZERS has established staking rewards and partnerships with secure platforms, contributing to the overall security ecosystem. The involvement in the Fracton Protocol also plays a pivotal role in ensuring the security and efficiency of the hiGAZERS network.
It's essential for individuals to conduct thorough research and consider the security measures in place before investing in any cryptocurrency, including hiGAZERS. This due diligence helps in making informed decisions and mitigating risks associated with digital asset investments.
How will hiGAZERS be used?
hiGAZERS, as an innovative digital asset, serves multiple purposes within its ecosystem, reflecting the diverse applications of blockchain technology and cryptocurrencies. Primarily, hiGAZERS tokens empower holders with voting rights, enabling them to actively participate in decision-making processes. This participation can occur in various committees or through the Request for Proposal (RFP) system, where token holders can influence the direction and development of the project.
Additionally, hiGAZERS tokens find utility in the economic sphere of their ecosystem. They can be used for subscription services, offering a blockchain-based payment solution that enhances the flexibility and accessibility of services for users. Beyond subscriptions, these tokens extend their utility to real-world transactions, showcasing the potential of cryptocurrencies to bridge the gap between virtual and physical economies.
The underlying technology of hiGAZERS tokens is robust, leveraging the security and efficiency of the Ethereum blockchain. Being ERC-20-compatible, they benefit from Ethereum's comprehensive security measures, ensuring the safety and integrity of transactions within the network.
The supply of hiGAZERS tokens is directly tied to the Gazers NFTs within the meta-swap pool, indicating a dynamic and scalable supply mechanism. This approach allows for a fluid and responsive token economy that can adjust to the demands of the market and the community.
For those interested in obtaining hiGAZERS tokens, they are accessible through various platforms, both decentralized and centralized exchanges, reflecting their growing presence and acceptance within the broader cryptocurrency market.
It's important for potential investors and users to conduct thorough research and consider the multifaceted applications and implications of hiGAZERS tokens within the blockchain and cryptocurrency landscapes. This due diligence is crucial in navigating the complexities and opportunities presented by the evolving digital asset space.
What key events have there been for hiGAZERS?
hiGAZERS has experienced a series of significant events that have shaped its journey in the cryptocurrency market. Among these, technical advancements stand out as pivotal moments, showcasing the project's commitment to innovation and improvement. These advancements are crucial for maintaining the platform's relevance and efficiency in a rapidly evolving digital landscape.
Furthermore, the establishment of upcoming partnerships marks a strategic move towards expanding hiGAZERS' ecosystem and enhancing its value proposition. Collaborations with other entities in the blockchain space can lead to synergies that benefit users by providing more comprehensive services and functionalities.
Celebrating its birthday on August 2 is another key milestone for hiGAZERS. This anniversary not only commemorates the project's inception but also serves as a reflection point for assessing growth, community engagement, and future directions. Such occasions are instrumental in fostering a sense of community and belonging among stakeholders.
The introduction of a new solution before the start of the altseason is anticipated with keen interest. This development is expected to position hiGAZERS favorably in anticipation of the altseason, a period characterized by increased activity and interest in alternative cryptocurrencies. Preparing for this phase with innovative solutions can significantly impact the project's performance and adoption.
An updated version of hAI with bug fixes is also noteworthy. Continuous improvement of the platform's artificial intelligence capabilities ensures a smoother user experience and enhances the overall functionality of the system. Addressing bugs and refining the technology underline hiGAZERS' commitment to quality and reliability.
It's important to remember that the cryptocurrency market is known for its volatility. Prices can fluctuate widely in short periods, influenced by various factors including market sentiment, regulatory news, and technological developments. Therefore, conducting thorough research before making investment decisions is advisable.
The live hiGAZERS price today is $0.015038 USD with a 24-hour trading volume of $7,356.08 USD. We update our HIGAZERS to USD price in real-time. hiGAZERS is down 0.77% in the last 24 hours. The current CoinMarketCap ranking is #2326, with a live market cap of $150,293 USD. It has a circulating supply of 9,994,000 HIGAZERS coins and the max. supply is not available.
If you would like to know where to buy hiGAZERS at the current rate, the top cryptocurrency exchange for trading in hiGAZERS stock is currently KuCoin. You can find others listed on our crypto exchanges page.