# $HAIP and Project Token

### $HAIP

The HAIP Token serves as the **central currency within the Haip platform,** facilitating all transactions hosted on Haip. 

This design ensures that the $HAIP's value is anchored in its practical utility within the ecosystem, not only in speculative trading. As the platform grows with more projects and increased transaction volume, the value of the HAIP token is expected to rise.<br>

How to purchase Haip Tokens?

1. Register.
2. Complete KYC verification process (with a 3rd-party app) to ensure compliance with all regulations.
3. For people without crypto experience:
   * Buy $HAIP via traditional payment methods, such as debit card or bank transfers :tada::tada::tada:
   * Purchased Tokens will be transferred on your newly created self-custodial wallet which is generated automatically with little input from the user.&#x20;
4. For people with crypto knowledge, connect your wallet and enjoy web3 experience.

### **Project Token**

Each project on the platform will also have their own tokens minted upon project onboarding. Tokens are named after the game or film franchise, marking it as a unique asset previously unavailable to fans. Project Tokens can be purchased on the platform only with $HAIP. They represent the percentage of the right to intellectual property profit share. Project Tokens have to be staked in a ProjectGrowth Pool, to be eligible for profit share in the future. Additionally, they will grant rights for private voting on creative decisions during project development.

### Utility

Most vital core utilities of platform tokens is to enable participation in Reward System.


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