Hoard is raising funds between May 27th and August 24th, 2019. Up to 44% of the total supply of HRD Tokens are available now to active community members. Unpurchased tokens will be locked up at the end of this period. This token distribution event comes after approximately 18 months of development and a series of major milestone achievements. The first product by Hoard — the free and open source software development kit — will be released next month.

A History: Hoard’s Inception to the Token

Hoard came out of stealth mode around January 2018 and is considered to be one of the earliest movers in the blockchain gaming scene. What’s interesting, though, is if you listen to a 2014 episode of the Let’s Talk Bitcoin podcast, you’ll realize the idea behind Hoard has been around for much longer... percolating in the mind of our product architect and cofounder 👨‍🔬

The timing of Hoard’s launch (beginning of 2018) was an interesting one. We decided to officially launch right at the tail end of the ICO craze when many projects were raising money before developing any kind of proof-of-concept or minimum viable product. Hoard took a firm stance to be different. We stated that we would only make a public offering once we shipped at least an MVP. We instead secured private funding and for the last 18 months worked endlessly to accomplish a handful of major milestones:

Token Sale: Danish Government Approval — Hoard worked with the most transparent government in the world to ensure that the HRD token was legally defined as a utility token and not a security. This was the first time any project accomplished this

— Hoard worked with the most transparent government in the world to ensure that the HRD token was legally defined as a utility token and not a security. This was the first time any project accomplished this Game: Plasma Dog — Hoard built not only the first plasma game ever; we built the first plasma dapp ever to be deployed to a public Ethereum network. Play now

— Hoard built not only the first plasma game ever; we built the first plasma dapp ever to be deployed to a public Ethereum network. Play now Game: My Memory of Us — Hoard partnered with Juggler Games to integrate our software development kit with their award winning title, My Memory of Us. MMoU will have an offering of collectable tokens, which will trigger secret gameplay in Plasma Dog. This is the first demonstration of any cross game playability enabled by blockchain

— Hoard partnered with Juggler Games to integrate our software development kit with their award winning title, My Memory of Us. MMoU will have an offering of collectable tokens, which will trigger secret gameplay in Plasma Dog. This is the first demonstration of any cross game playability enabled by blockchain Partnership: OmiseGO — Hoard became the first project to build on top of the OMG Testnetwork. Our two projects now work together on an ongoing basis to develop plasma, which can theoretically operate at 65k txs per Ethereum block (we currently have it up to 52.5k). And an interesting fun fact: actually Hoard created the first proposal to support NFT signatures on More Viable Plasma. They are important to gaming, after all 😉

— Hoard became the first project to build on top of the OMG Testnetwork. Our two projects now work together on an ongoing basis to develop plasma, which can theoretically operate at 65k txs per Ethereum block (we currently have it up to 52.5k). And an interesting fun fact: actually Hoard created the first proposal to support NFT signatures on More Viable Plasma. They are important to gaming, after all 😉 Partnership: Golem — Hoard and Golem have partnered together to create, among many products, the Hoard Code Compiler powered by Golem Unlimited. It will provide a custom solution for game developers to distribute and improve their computationally intensive workflow using Golem Unlimited

— Hoard and Golem have partnered together to create, among many products, the Hoard Code Compiler powered by Golem Unlimited. It will provide a custom solution for game developers to distribute and improve their computationally intensive workflow using Golem Unlimited Product: Hoard Software Development Kit —Last but not least! In October 2018 Hoard announced its Private Alpha Program would be open to a select handful of studios who want to integrate with our SDK. Juggler Games is the first project to be publicly announced from this program. They have helped us test our SDK and this July 2019, the Software Development Kit will become live and open source.

This May, Hoard announced its official Token Sale would finally become public. And we are proud to say we have kept our promise to deliver more than an MVP. Plasma Dog was released 8 months ago and the first public beta Hoard Software Development Kit will be released next month.

Why Now?

Hoard has hit a point of influx. As we gear up for our post-SDK release phase in the roadmap, our team is increasing the scale and speed of development. Our focus will shift from building and testing our SDK to managing it as a free and open source public utility. We’ll be working closely with gaming studios who wish to integrate with it, and we’ll be building the gaming exchange for them so they can open new monetization channels. All the while, we will be continuing to finish and release integrations from our Private Alpha Program (including My Memory of Us).

We are doing all of this with the mission to build an uncompromising set of blockchain infrastructure — FOSS SDK, public Proof-of-Stake Plasma, Decentralized Token/NFT Exchange, and more — to enable one of the most powerful and immediate use cases for the mainstream adoption of decentralization: video games!

The strategy with the current release of the HRD Token is as follows:

Skip an ICO —ICOs weigh too heavily in favor of projects and not enough in favor of the community. We are instead distributing HRD on various exchanges where it can be held or traded immediately — there is no SAFT. Anyone who purchases a token owns it immediately. This sale is part of a token distribution event and it will be coupled with other distribution models, as well (ie not just a public sale). More details later this week. Release Tokens on an ongoing basis — we admire projects like MakerDAO which never had an ICO. Yet, they were still about to sell their token to raise funds as they needed and scaled accordingly. We believe in a similar approach. Community members can opt-in at any time. Continue to Build — On August 24th, 2019 we will lock up our undistributed tokens once again. This means community members who purchased tokens will have full control over the circulating supply, and they will be free to do with their HRD whatever they please (HODL, trade, use, etc). Please note, however, that we may unlock tokens again at a later date as funds are needed to continue to build.

As of the date of this publication, the HRD Token has been distributed on only one exchange, the Estonian platform, P2PB2B. This marks the beginning to the token rollout schedule, which will continue over the next 4–6 weeks. To create a successful distribution of tokens, Hoard is currently working with a handful of other exchanges. Over this time period, HRD will be made available on at least one non-custodial, decentralized exchange. And sometime next month HRD will be made available on another exchange with an interesting value proposition — one which we believe will make the token far more liquid and widely available to interested community members.