The $HAI Advantage Period

Holder-Only Brief

HAI Group is charting a course that no project has ever navigated. In 2017, Hacken began as an ICO startup fresh off a pitch competition win. Eight years later, we stand between our wild crypto origins and the regulated world, choosing to become a public company through a crypto IPO. Our case is the first of its kind in the industry, and it requires changes.

Behind the scenes, $HAI was steadily preparing to divide into two separate entities.

But the market still prices $HAI as a single company with one future. And that’s yesterday’s news.

Today’s $HAI effectively represents 2025’s two high-growth assets at 2023’s consolidated price.

As HAI Group transitions to a public company, the $HAI token will no longer be supported after our crypto IPO. Instead, new asset classes will fuel HAI Group’s growth and the expansion of its on-chain ecosystem.

The Structural Why

Over the past eight years, since the $HKN ICO, Hacken matured into the HAI group: we expanded into regulated security markets, AI auditing infrastructure, security prediction, and CORE3’s global self-regulatory framework. The token, backing it all, must evolve too, as it cannot simultaneously represent:

• ownership of a regulated company, and
• liquidity-aligned utility layer powering access and interactions across the industry.

By splitting the $HAI token into two separate assets, we can resolve the paradox.

First, and most importantly, HAI Group becomes a public company, offering a new class of tokenized RWA in which the price is set not by buybacks but by the company’s real value.

Secondly, we bring to market a utility token aligned with 2026 standards, not 2020.

The success of both assets is based on three core principles: transparency, accountability, and business growth.

Thus, if you hold $HAI right now, you’re in a unique spot. You have one token that’s about to become two. Once they split, that’s it. You’ll either own it before they are priced independently, or you’ll have sold the chance to.

The Big Plays Around Two Big Assets

During the transition period, $HAI holders have the whole game to play, not just one role to stick to forever. The details of the transition will be shared later; for now, we will introduce you to both classes of post-split assets.

1. The Security Direction — Tokenized Shares of HAI Group

A fixed percent of HAI Group will be allocated exclusively to $HAI holders for conversion.
This will be the only token-based path to acquire equity in HAI Group — ever.

• This will be a one-time equity allocation for $HAI token holders.
• HES (Hacken Equity Shares) holders already have 1:1 secured equity in HAI Group; nothing changes for them except the upgrade to the new Security Token on IPO.
• Conversion pricing for this phase will differ from that in the previous structured equity phase (HES Round) and will depend on HAI Group’s valuation as well as the size of allocation.
• Tokenized shares will be represented as an RWA asset in the crypto IPO category, the same one that OKX, Kraken, and Ledger plan to file.
• All converted Security allocations will be subject to a lock until future milestones are defined in the official roadmap (timing, structure, and conditions will be disclosed later).
• Allocation will be first-come, first-served within the pool and subject to minimum amounts and HAI membership-based conditions (LVL2/LVL3).
• This route opens access to post-IPO trading under regulated conditions, where the valuation will reflect not only the core entity, but the full weight of the HAI Group holding.
• As the entire process is regulated, full KYC will be required.
• Once this pool is filled or the deadline passes, there will be no further opportunity to become a shareholder of HAI Group on a token conversion basis.

To prepare for the crypto IPO, HAI is currently undergoing financial audits as well as operational and legal restructuring; once complete, we’ll be able to publish a pre-IPO prospectus for investors. Future equity access, if any, will follow the same terms as traditional instruments trading/investment.

2. The Utility Direction (DEX-Only)

A new token designed for transparency, liquidity, and product interoperability across all current and future HAI utilities (Hackpot, HAI Rounds, DYOR / Trust Army, AI Audits, CORE3, and future HAI Group utilities)

• DEX-focused — the asset is mainly focused on enriching HAI Group’s on-chain utilities, creating demand for products and services, instead of encouraging speculation.
• The utility token will be subject to lock and vesting after the swap.
• Liquidity-focused asset with a mechanism for DAO-controlled inflation rates.
• One of the features will allow holders to bridge the value of external assets to fuel HAI Group’s ecosystem’s growth.
• Detailed mechanics and conversion rates will be described in future communication.

The design goal is simple:
The utility token’s tokenomics creates natural alignment, where long-term holding and use of the token are the most rational and beneficial choices for participants.

Technical diagrams, contract logic, and exact conditions will be provided in the Whitepaper, Tokenomics, and Swap Documentation.

This asset will be built as a DEX-native asset with visible liquidity, structured unlock mechanics, and optional fast-track unlocks tied to liquidity commitments.

The Schedule

All elements of the transition will be communicated step-by-step. This announcement is a preliminary overview; the complete roadmap, technical parameters, and conversion rules will be presented publicly in the upcoming releases.

1. The announcement — Dec 31, 2025
   The official declaration: $HAI’s last epoch as a single token.
2. Roadmap reveal — Q1, 2026
   Visual map of the split: equity route, utility route, mechanics.
3. Code & numbers — Q1, 2026
   Lightpaper, vesting & liquidity logic.
4. Swap opens — Q2, 2026
   Holders start choosing allocations. Supply begins to migrate.
   The market will see flows. You’ll know what kind of hands you’re surrounded by.
5. Legacy $HAI Sunset — End of Q2, 2026
   $HAI stops being supported.
   From that day on, the world only talks about HAI Group equity and DEX-native utility token.

What This Moment Represents

Right now, HAI Group is pioneering the industry as a company that began as an ICO and is now filing a crypto IPO. No crypto projects have holders that started as ICO participants and ended up with equity RWAs.

Thus, the split is your opportunity to secure long-term participation in the ecosystem and the opportunity to define both your growth trajectory and your potential exit pathway.

Now, each asset can be valued for what it actually is. The regulated security company can be valued like a tech stock. The future utility token can be valued for the benefits it provides. The mechanics are built to reduce sell pressure and make long-term holding the logical choice.

For current $HAI holders, this is the framework for a cleaner start — own the company, or own the on-chain ecosystem. It’s the point where the market finally catches up to the building that’s already been done.