OceanTalk- AMA session with HackenAI
Welcome to OceanTalk — HAI special! Here comes our guest — Dmitriy Budorin, Co-founder and CEO of HackenAI who will provide all with a comprehensive understanding of HackenAI.
Today we have 3 sections in total:
- Brief introduction of HAI and HackenAI
- Q&A between Host and Guest
- Q&A questions between Fans and Guest.
Starry:
Hey everyone, this is Starry, glad to be the host of today’s OceanTalk
OceanTalk is aiming to bring our community with comprehensive information and open up communication channels to projects.
To give OceanExers a chance to know more about OceanEx GO!’s second IEO project HAI, we hold this session to elaborate and update about the HAI project.
Now, let’s welcome Dmitriy Budorin, CEO of HackenAI, to join our community and share more info about HAI project.
Hi, Dmitriy, welcome to the OceanEx community!
I feel the excitement among our community about HAI, would you please give a brief introduction of HAI project!
Dmitriy:
Hi Starry! Thank you for a chance to present our project! We have been working very hard for last 10 months for this moment. The result of our work is of course HackenAI and HAI token.
HackenAI is a innovative cybersecurity companion product that incentivizes users to learn good cybersecurity habits. Individual cybersecurity has became the main threat in digital world and it is quite complicated for a regular user to learn how to be protected. Black hackers are actively aiming users with weak cybersecurity and more and more often people are using their digital assets due to things that can be fixed.
We set a goal to ourselves to solve this problem and came up with HackenAI solution. In HackenAI you start with educational CyberBottCamp module where in gamified way we teach you all needed cybersecurity preventive steps that you need to do.And we gather all needed cybersecurity tools in one place for user convinience. Password manager, anti-phishing, anti-malware, VPN, 2FA, DarkNet monitoring and many other things are all now in one single app. First time someone is gathering all this features in one place. All for user experience and maximum security. HAI is a utility token that main task is marketing of our application.
Having the staking and subscription model we are tighly connecting the user base and the HAI market price. The more users of the app, the more demand on HAI.
The early adopters of HackenAI and HAI are main beneficiaries of project success. The story just begins and with MVP release in less than 2 weeks, all of you will be able to evaluate the prospects of growing user base.
Starry:
Sure! Thanks for your detailed introduction. Now I will ask you a few questions. Ready? Lets go!
What is the R&D and Knowledge background of Hacken through which it secures tech infrastructure from cybercriminals?
Dmitriy:
Hacken was established in 2017 as a result of 3 cybersecurity companies merge. For the last 2,5 years we have become a worldwide blockchain cybersecurity market leader. We have secured more than 250 projects, including 40+ exchanges.
We have discovered numerous critical vulnerabilities and are constantly working on our industry to become more mature. More than that we have community of 2500+ white hat hackers who constantly exchange advanced cybersecurity researches and techniques. Being in center of this community and having such wide experience allows us to resolve the most complicated cybersecurity issues.
We understand how hackers think and the market trend. That’s why we decided to focus on individual cybersecurity. Small addition is that core team is from Ukraine, which inherited one of the greatest maths and IT school. It is very prestige to be advanced cybersecurity engineer in our country and Hacken is the biggest company here.
Starry:
Why is the VeChainThor blockchain the best available option for Hacken in terms of security?
Dmitriy:
Vechain is our client since 2018. Without going into details, I can assure that we have good understanding on the VechainThor architecture, programming code and its security strength in comparison to other protocols.
I would like to underline the strength of POA consensus protocol and it’s authority nodes. We have performed various tests to identify the nodes including phishing, social engineering attacks with no tangible results.
I truly believe that the VechainThor solution is the best in terms of security and is not vulnerable to various blockchain related threats like 51% attack, man in the middle and many others.
Another point is that security is not only about cyber but also financial and legal sustainability.
Having such strong partners as DN VGL, PWC and many other I have no doubt about successful Vechain future and business growth. I cannot say so about most of other blockchain protocol worldwide. My bet in blockchain protocol race was always on Vechain. Another small but very important Vechain feature is MTT & MPP. Really useful for our app.
Starry:
Could you please tell us what HackenAI is, and where you see HackenAI in 3–5 years time?
Dmitriy:
Today HackenAI is an app with essential cybersecurity educational module, password manager, DarkNet monitoring feature and VechainThor wallet
It has achievements and NFT collectibles system which will motivate users to improve their cybersecurity
We put a lot of efforts to make it look user friendly, with immediate value add in the form of DarkNet monitoring. And of course quite Mascot HAI.
Starry:
Could you please give details about some of the functions inside the HackenAi app on MVP release and at end of 2020 and beyond.
Dmitriy:
Already MVP will be competitive with market leaders that have more than 10+ milion users. Cross platform password manager, DarkNEt monitoring and Educational module is a pretty good functional to start with
By the end of the year (we plan october) there will be VPN, anti-phisihng solution, anti-virus, 2FA, secure storage and risk score of installed apps on smartphone. 4th level stakers will be able to nominate other features and vote for sequence order to be developed in the app. We want early adopters to understand that HackenAI is the result of their trust and we create it together.
After 2020 we will continue our R&D in direction of individual AI cybersecurity protection. Ultimate goal is to create a AI app, that will be user close friend and will be in charge for its cybersecrutiy for many many years
Starry:
What can Digital Asset Viewer/Tracker help users to achieve? How can Hacken guarantee its safety?
Dmitriy:
It helps our users to control their crypto funds on different wallets, exchanges and so on. A digital viewer/tracker is not a wallet, we have a non-custodial crypto wallet as a separate module of the application.
So digital viewer/tracker is used only for controlling crypto funds without real access for them, so it is a completely safe feature. We decided to have this module so to make soft intro for noncoiners into crypto world.
Starry:
Hacken states a lot about data secure storage, but how exactly are users’ personal data protected via Hacken’s service? Can they be hacked and stolen from outside or inside?
Dmitriy:
Being a cybersecurity firm with reputation puts a lot of responsibility on us in terms of building maximum secure app.
Main features are that:
We put 3 layers of encryption for users data. Local password encryption, master password (seed phrase) encryption and application layer.
Another important feature is that we do not keep none local passwords and seed phrases on our servers. You have to know that black hackers are ussually very lazy.
If they know that they need to spend hunderds of hours to hack local password than seed phrase and then application encyprtion just to get one user data — no chance they will start.
There are much more easy targets in internet. On our side we make sure that we don’t keep any user data. More details about it will be in CyberBootCamp and HackenAI security paper that will be released soon.
Starry:
What is the HAI token? What are the major functions of it?
Dmitriy:
HAI can be used to pay for the HackenAI subscription fee as well as purchasing additional services within the application.
When the fully functional product is delivered and it is bringing added value to the users, we will push the subscription fee model.
We are around 3 years in crypto and we have good understanding, that non crypto users don’t like to pay in any other thing accept the fiat.
Knowing that and understanding the apple and android stores fees, we will introduce up to 50% discount if user pays in HAI for subscription and instead of very popular lifetime subscription we propose staking. By staking quite similar amount user will be able to use app for free and then release some HAI for staking if the exchange rate has increased.
We think that this will convert lots of our users into crypto. Lets say that this is our approach for crypto mass adoption. Bringing new cybereducated people to crypto! We trully believe in this mission.
Starry:
In HackenAI’s Tokenomics, how can users get HAI (from the supply side)?
Dmitriy:
- Earn at Hackenproof.com bug bounty platform
- Swap HKN tokens
- Referral bonus scheme
- Buy at an exchange
- Educational mining (bonus for passing CyberBootCamp and other future cybersecurity tasks)
Starry:
What are the B2B products that Hacken currently offers?
Dmitriy:
We position ourself as a one stop solution for company cybersecurity.
The bestselling services are:
- Bug Bounty
- Penetration testing
- CyberSecurity Due Diligence
- Secure Code Review
- Smart contract audit
- incidence response
- threat intelligence
More details at our websites:
Starry:
Now let’s see what questions posed by our community members.
Seeing many blockchains rising rapidly in terms of popularity and were unable to sustain. How do you ensure Hacken do not suffer the same fate as them?
Dmitriy:
HackenAI is the Application that solves real problems of real people.
From what we see last 2–3 years, world doe not need so many different blockchain protocols. We are utilizing this technology from a trusted partner and focus on the things that we are good at — cybersecurity. We strongly believe in market potential and usefulness of our product. It is very big difference between being innovative individual cybersecurity tool and another blockchain protocol.
Starry:
Tokenomics — what are the short, medium and long term benefits of holding HAI tokens?
Dmitriy:
We encourage users to make some calculation so to understand the dependency between HAI marketcap and user base.
Today we are in the very very early stage. And already now we believe we can get 10k+ users in our app very quickly. I want to assure you that my personal and teams KPIs are all connected with the user base grow and is measured in HAI marketcap. I am absolutely sure that 100k user is realistic target for us in very near future.
If we are able to explain our potential to OceanEx and Vechain community, than this goal will be reached very very soon with the word of mouth. It is very big difference between recommending your friends and family to look at another blockchain protocol and to check family member email in our DarkNet monitoring tool. HackenAI is advanced and will bring value. It will be cool to speak about it and share white hacker stuff from CyberBootCamp module.
Starry:
What Has HackenAI special features for everyone to use?
Dmitriy:
Today all who will participate is making the same bet with us. Bet on cybersecurity swiss army knife with gamified educational module.
First of all it is knowledge. All of us are lazy sometimes and we postpone to do some important things for our security. We understand this problem and that’s why we have created achievements and collectibles system inside our app. This will motivate user to finish it and the process will be fun like playing a game in your smartphone or reading football website.
Another point — people underestimate how password managers protect and save time of user. Even if you will not pick HackenAI — I strongly recommend to start using password managers.
Starry:
How many modules to secure my account and information. Antivirus software will be available in 2020?
Dmitriy:
I have selected this question because of anti-virus question. A lot of people think that anti-virus is a solution for all problems, but such statement s very false. Anti-virus is not enough. And they are always one step behind the viruses.
Yes, we plan to have it by the end of the year. But it is just one layers of security.We encourage everyone to learn more from CyberBootCamp in our app.
Starry:
Adoption is one of the most important factors that all sustainable blockchain projects should focus to be more attractive in the investors Eyes. Can you tell me what #HackenAI has done and plan to do to achieve Adoption in the reality, real use cases, our real society
Dmitriy:
Based on our market research, around 97% don’t have proper cybersecurity settings and are potential vistims of cybercriminals.
Outside the crypto world, users will not have first impression that we are crypto project that is looking for adoption. They will see innovative one stop solution that takes full responsibility for cybersecurity education and threats management. Instead of having 4–6 different VPNs, anti-virus, 2FA, they will use one app and one subscription.
We think that such business model has great chances for success. And then, when the user base is mature, we will start educating them about crypto blockchain and our partners products. This is the approach that we believe in.
Starry:
What are the Most Exciting Reasons to Become Involved with HAI?
Dmitriy:
Hacken team and our products have passed numerous reviews and stress tests before we came here. For years we were proving our ambitious and dedication for crypto and cybersecurity.
Today we present a project and concept where we unite all our ideas and competences
We are very ambitious and put very high goals. HAI is a method to support and be part of our journey. We are all in into HackenAI.
Starry:
With the appearance of many blockchain projects, especially payment projects with the latest technology, scalability, efficiency, even without transaction fees. Does HackenAI feel the pressure of this on the global artificial intelligence race?
Dmitriy:
I would say the opposite. With the raise of new technologies, the number of cyber threats only increases. And this is our bread. We enjoy being in blockchain security space, in the center of black hat hackers world.
We love challenge and cant wait for new AI cybersecurity threats to appear. We strongly believe in our capabilities of defending thousands/millions of users.
Starry:
Could you please explain the relations among HackenAI, VeChain and OceanEx?
Dmitriy:
Vechain Foundation was first who believed in HackenAI concept. We have received grant so to build an MVP. We are very thankful for support and trust.
Hacken first touch with OceanEx was at Coinmarketcap DATA alliance meeting. Both of us were one of the first memebrs of this alliance.
Having few great talks we understood that we share same values and ethical principles. And we have the same vision on where the crypto industry should develop.
I would say that we have more than Vechain family relationship with OceanEx. We have a raodmap of the things that can be done together and I am sure in win win work ahead.
Starry:
What do you think the future of HackenAI will be? For HackenAI, are breakthrough technologies and top trends necessary?
Dmitriy:
Key goal is a user base grow. Securing +1mln users is a huge thing and responsibility. And this is what we want to do for next +5 years.
Definitely we follow all cybersecurity trends and will continue to do so.
Already now I can assure that encryption and technology that HackenAi is written on is more advanced that current password manager market leaders.
What I can assure, is that we will always be focused on user interface and user experience. Great tech is nothing if it is difficult to use by a regular user. We put this as one of the most important points in our development.
Starry:
As a CEO of HAI what is the value you want to receive from the community and how will it help you improve HAI in the future?
Dmitriy:
First of all I would like to receive honest feedback. better privately of course:)
HAI allows to be become beneficiary of the product that we build and that’s mean that HAI holder should be involved in making this product better. The community members will sincerely and actively help the project development, the better chances for HackenAI to conquer the world.
I believe that one of the key strengths of crypto projects over traditional is the community. The reason of not many successful cases of mass adopted apps, is that most of the project were not focusing on user friendly experience, and this is what differentiate us from others.
If 1 HAI holder will pitch to 5 his friends to install our app and increase their security, than we will reach our success much faster than you think.
Starry:
Dmitriy is so glad everyone asked so many great questions, he chose a few more to answer, congratulations to the above 10 users as the winners of our reward. Congrats!
Could you give me 2 or 3 key points to convince me and other angel investors invest in #HAI in the long-term?
Dmitriy:
- Our partners (Vechain, Cream, CMC, Etherscan, Bitfury and many others) and past experience in crypto world. we put all of this into one single product — HackenAI
- Our bet on individual cybersecurity market. We believe in its potential and we already have a product.
- Today is just the beginning of HAI journey. We are all-in
Starry:
Any ideas for you to create a good and very useful project in this industry?
Dmitriy:
After working 2,5 years mainly in B2B market, we decided that it will be more beneficial for our community to switch to B2C, especially when we discovered such great niche.
In future we would like to get back in B2B and increase our portfolio of cybersecurity services. We have few plans how to transform bug bounty HAckenproof.com into SaaS and how to scale it.
Starry:
How do you plan on acquiring new users?
Dmitriy:
A key success factor of every application’s initial launch is word of mouth. We have created great marketing and referral packaged for our early adopters to promote our app and get benefits.
Secondly, we have a huge initial community consisted of Hacken and VeChain supporters who will help to promote HackenAI at the beginning. Moreover, we are ready for a big marketing campaign. When the fully functional product released, we will start a global marketing campaign to acquire new users.
And of course we will have step by step user acquisition campaigns through cryto exchange listings. We plan to be listed at top local and top world exchange. Our partnership network and great product will help us to go through this process smoothly.
Starry:
Why did you select OceanEx for the IEO? Are there any special reasons?
Dmitriy:
From the first day I wanted to do IEO only here. To be honest I didn’t even want to look at other options. As I told before, we share same values and ethical principles. As well as we both are very ambitious.
Starry:
Thanks for your trust!
Dmitriy:
Being a Vechain Family does not create an obligation to work only with each other. So it is for sure not the main argument.
Starry:
Most investors just focus on the price of token in the short term instead of the real value of the project. Can you tell us the motivation and benefits for investors to $HAI long term?
Dmitriy:
We have designed the tokenomics in such way so to motivate user to invest in the staking of HAI a comparable amount with other individual cybersecurity lifetime subscription solutions.
Our model is quite different, because if the HAI price goes up, then user can withdraw the earned difference but continue utilizing staking benefits.
My personal opinion (not an investment advise) is to separate investment into individual cybersecurity application HackenAI in the form of 1–4 level staking and short-term investing into HAI.
Starry:
Thanks Dmitriy for joining our OceanTalk and sharing all these insights! And thanks for all the questions guys! This OceanTalk — HAI Special is over, appreciate the folks who stayed all the way.
Lets see u next time.
Dmitriy:
Thank you so much! I was very happy to see so many questions from community! Great approach!
See you!
