HACHI is an ERC20 governance token of of the digital currency AKITA, also known as Akita Inu. HACHI allows holders to represent their voice in the Akita DAO, a distributed-leadership community focused on building a long-term ecosystem for its members.
The Akita DAO will use its current funding stream from Gitcoin (through Q1 2027) and any future revenue streams to support the development and growth of the ecosystem. By connecting to Snapshot, HACHI holders can vote on proposals that will steer this ecosystem development process. HACHI will also be utilized in the future to buy AKITA.
On February 1, 2021, the AKITA token was launched on the Ethereum network. One of the original 'meme coins' to follow DOGE and then SHIB, Akita Inu was launched with a maximum supply of 100 Trillion (100,000,000,000,000) AKITA tokens. AKITA is so OG that there are no taxes or fees incurred during transfers, sells, or buys. As a 'social experiment' or marketing gimmick, they also sent 50% of the supply to Vitalik Buterin's wallet, attempting to call these tokens 'effectively burned.'
