Hachiko Roadmap

The road to a crypto based forex future

Multi-currency stable coin peg

Phase 1

Hachiko plans to initially introduce a stable coin peg for the Euro and Japanese Yen.

The stable coin peg will be based on a deflationary model, where HCT (Hachiko Token) can be used to mint HCB (Hachiko Bonds) for different global currencies. HCEur will be the Hachiko stable coin pegged to the Euro. HCBEur will be a bond currency used to keep a peg on Euros. HCBEur can be purchased at a rate of 1€ x 1€ when the HCEur price is < 1€, and can be redeemed when the HCEur price is HCEur > 1€. HCEur supply will inflate when the price is > 1€, until the value is again equivalent to 1€. In this way HCEur will be pegged to the Euro.

The same will be true for HCJPY, HCHKD, and so forth. Hachiko aims to create a complete ecosystem of Forex stable coins.

Multi-currency NFT system

Phase 2

This is the second step in the Hachiko Timeline. Hachiko will provide a platform where investors can spread the risk of their investment over multiple foreign currencies via NFT, Hachiko plans to introduce the first multi-currency stable coin NFT system.

NFT resources tagged to EUR and JPY pegged stable coins will distribute those currencies when the value rises above the peg price, to inflate the token and return the value to baseline.

Multi-currency stable coin exchange

Phase 3

The third step in the Hachiko Roadmap. Hachiko will introduce a multi-currency exchange, specifically for trading across stable coins. It will be a crypto based forex exchange, where investors can enjoy the benefits of legacy forex trading with the freedom and security that crypto provides.

This exchange will leverage new technology pioneered by UniSwap v3, and allow investors to choose the liquidity range to provide liquidity to. This is infact especially useful for stable coins and helps to maintain a stable peg.

Finally, trading fees will be both payable in the trading currency and in HCT (Hachiko Token) as a discount. This further allows HCT to continue to provide value and utility to the platform.