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HashPack Wallet, a non-custodial wallet, serves as the gateway to Hedera’s thriving ecosystem. Designed for accessibility and functionality, it empowers users to interact seamlessly with decentralized applications (dApps), non-fungible tokens (NFTs), and DeFi platforms. Whether you are a newcomer or a seasoned user, HashPack offers intuitive features and unmatched security.
The wallet supports Hedera’s native HBAR token and integrates with leading hardware wallets like Ledger. In 2024, HashPack’s strategic innovations and community-driven approach set new benchmarks, transforming it into the cornerstone of the Hedera network.
HashPack’s Exceptional Growth in 2024
This year marked a remarkable journey for HashPack Wallet, underscoring its pivotal role in Hedera’s adoption. By mid-year, it had created over 500,000 accounts, representing 90% of all accounts on the network. Moreover, the wallet services 95% of Hedera’s active users, making it indispensable.
HashPack Wallet has become the central hub for all DeFi activity within the Hedera ecosystem. By providing seamless access to decentralized applications (dApps), staking platforms, and token management tools, HashPack empowers users to engage with Hedera’s growing decentralized finance landscape. Its intuitive interface, robust security, and integrations with key DeFi protocols make it the go-to wallet for users to store, manage, and interact with their digital assets. This leadership position highlights HashPack’s role in driving adoption and activity across Hedera’s network.
On the NFT front, HashPack facilitates 95% of Hedera’s NFT trades. This statistic cements its position as the preferred platform for NFT collectors and creators. Its Secure Trade feature simplifies peer-to-peer NFT transactions, managing fees and royalties automatically.
No matter where you go in the Hedera ecosystem, HashPack is your touchpoint into the network. We’ve made it our mission to be the gateway experience for developers, creators, companies and individuals to come in and succeed on Hedera, and we look forward to continuing to drive the incredible growth of the network forward in 2025.
WalletConnect Integration: Simplifying Hedera for Users and Developers
In January 2024, HashPack Wallet transformed its role in the Hedera ecosystem by integrating WalletConnect, a universal protocol enabling secure and seamless connections between wallets and decentralized applications (dApps). This innovation simplified user interaction with Hedera and empowered developers to build more accessible and robust dApps.
Streamlined User Experience
WalletConnect eliminated the complexity users faced when engaging with dApps on Hedera. Previously, managing multiple wallets or interfaces created unnecessary friction. Now, users can connect to WalletConnect-enabled dApps directly from HashPack. Whether accessing DeFi, NFTs, or gaming platforms, users enjoy a seamless and secure experience.
HashPack’s integration serves as a gateway to Hedera, making it easy for both experienced and new users to explore blockchain applications without technical barriers.
Empowering Developers
For developers, WalletConnect removes the challenge of building custom wallet solutions for dApps. By integrating WalletConnect, any dApp instantly becomes accessible to HashPack’s extensive user base. This simplicity allows developers to focus on building features rather than infrastructure.
This interoperability has spurred innovation across Hedera’s ecosystem, encouraging developers to create diverse and accessible applications. As a result, HashPack strengthens its role as a unifying platform for decentralized engagement.
Security and Ecosystem Impact
WalletConnect not only improves accessibility but also enhances security. Private keys stay encrypted within HashPack, and users approve transactions directly through the wallet, reducing exposure to phishing and other risks.
The integration has positioned HashPack as a vital link in Hedera’s ecosystem. By simplifying dApp interactions and fostering trust, WalletConnect accelerates adoption while enabling a thriving dApp community. HashPack’s innovation continues to drive Hedera’s growth, bringing blockchain technology closer to mainstream usability.
The Launch and Success of PACK Token
In April 2024, HashPack introduced the PACK token, a groundbreaking addition to its ecosystem. Designed to reward users and provide tangible benefits, PACK has quickly become a central feature for the HashPack community. Its launch marked the beginning of a new era for the wallet, blending innovation, community engagement, and financial incentives.
HashPack ensured that its PACK token launch rewarded a wide range of community members through a well-planned dual snapshot strategy. This approach celebrated both long-time supporters and new collectors, making the distribution more inclusive and impactful.
- Snapshot 1: Loyal Supporters
The first snapshot targeted early adopters, active contributors, and community members holding HashPack NFTs and official collaborations. This group formed the foundation of HashPack’s community and represented those who had supported the wallet’s journey over the years. Eligible participants included holders of HashPack themes, Golden Hackathon Coins, special collaborations like HMNKY and Bonnaci, and contributors like Club HBAR Donators. - Snapshot 2: Concierge Collectibles
The second snapshot specifically focused on the newly introduced HashPack Concierge Collectibles. These utility-based NFTs were designed to offer significant PACK rewards and encourage deeper engagement. Split into three tiers—Standard, Premium, and First Class—these collectibles provided escalating rewards. Holders of all three tiers unlocked an additional Fully Packed bonus, creating further incentives for dedicated collectors.
By implementing multiple snapshots, HashPack ensured fairness and inclusivity. It rewarded both legacy supporters who had contributed to the wallet’s success and new participants eager to engage with its expanding ecosystem.
Utilities and Real-World Impact
PACK serves as more than just a token; it is a cornerstone of the HashPack ecosystem. It enables in-wallet purchases, staking rewards, and participation in governance. Currently Hashpack is rewarding holders that choose to stake their PACK token a fixed annual return of 5%. This staking mechanism has attracted both new and experienced crypto users, reinforcing their long-term involvement.
Governance is another critical utility. PACK holders influence the wallet’s development through voting rights. Concierge Collectibles amplify this power, offering additional voting multipliers. This structure ensures that the community’s voice remains central to HashPack’s evolution.
Additionally, PACK unlocks exclusive features and digital assets within the HashPack Store. Items available only to PACK holders enhance the token’s value proposition, making it indispensable for active users.
A Testament to Growth: PACK’s TVL Milestone
The PACK token recently achieved a monumental milestone, reaching a total value locked (TVL) of over $12 million. This figure reflects the community’s confidence in the token and its expanding utility. TVL growth demonstrates not only increased adoption but also the success of staking initiatives and token demand.
This milestone signifies more than just financial success. It illustrates the strength of the HashPack community and its commitment to the wallet’s ecosystem. The rapid growth of PACK’s TVL highlights its role as a unifying force within the Hedera network.
The announcement of this achievement on Twitter received widespread acclaim. Community members celebrated the milestone as a collective victory, solidifying HashPack’s reputation as a leader in fostering meaningful engagement within the Hedera ecosystem.
Strengthening the Hedera Ecosystem
The PACK token’s launch and rapid growth have had a profound impact on the broader Hedera network. By introducing a token with tangible utilities and strong community ties, HashPack has contributed to Hedera’s expanding user base. The wallet’s role as the primary interface for DeFi and NFT activities has further amplified PACK’s significance.
HashPack’s success with PACK demonstrates how a well-implemented token strategy can catalyze adoption. Its ecosystem now acts as a gateway, drawing developers, creators, and enthusiasts into the Hedera network. This symbiotic relationship benefits both HashPack and the broader blockchain landscape.
Looking Ahead: The Future of PACK
As HashPack prepares for 2025, the PACK token remains central to its vision. Project Expedition, the wallet’s next major initiative, promises to expand PACK’s utility even further. From enhanced staking features to deeper integration with decentralized applications, the future of PACK looks brighter than ever.
With its growing TVL, robust governance model, and strong community support, PACK continues to redefine what a utility token can achieve. It stands as a testament to the power of innovation, community engagement, and strategic execution within the blockchain space.
By aligning PACK with user needs and ecosystem goals, HashPack has created a token that resonates with its community. As adoption grows and new features emerge, PACK is poised to remain a vital component of the Hedera ecosystem. For users and developers alike, it represents both an opportunity and a vision for what decentralized ecosystems can achieve.
Joining the DeRec Alliance: Enhancing Digital Asset Recovery
In September 2024, HashPack became a member of the Decentralized Recovery (DeRec) Alliance, a collaborative initiative dedicated to simplifying and securing digital asset recovery across the Web3 ecosystem.
The DeRec Alliance: A Unified Approach to Asset Recovery
The DeRec Alliance is an open-source, industry-standard protocol that addresses the complexities of safeguarding digital assets, including private keys, passwords, and identity credentials. By introducing a standardized recovery method, the alliance aims to enhance user experience and promote broader adoption of decentralized technologies.
HashPack’s Role and Commitment
As a leading non-custodial wallet on the Hedera network, HashPack’s participation in the DeRec Alliance underscores its dedication to user security and accessibility. May Chan, CEO of HashPack, expressed enthusiasm about the collaboration, stating, “As the leading non-custodial wallet on Hedera, HashPack is honored to be part of this innovation in key management technology. DeRec has the potential to solve many of the issues users face around managing and recovering their accounts, and we’re excited to one day be able to bring these features to our users.”
Implications for the Hedera Ecosystem
HashPack’s involvement in the DeRec Alliance is poised to bring significant benefits to the Hedera community. By integrating DeRec’s recovery solutions, HashPack can offer users a more secure and user-friendly experience, reducing the risks associated with lost private keys or compromised accounts. This collaboration aligns with HashPack’s mission to provide cutting-edge solutions that meet the evolving needs of its users.
Looking Forward
Joining the DeRec Alliance represents a strategic move for HashPack as it continues to innovate within the decentralized finance space. By contributing to the development of standardized recovery protocols, HashPack not only enhances its own platform but also plays a pivotal role in advancing the broader Web3 ecosystem.
HashPack’s commitment to fostering a strong and engaged community has been a driving force behind its success in 2024. Through interactive content, open dialogue, and innovative outreach, HashPack has created a vibrant hub for Hedera users and developers. A shining example of this community-first approach is the “All Hands on Deck” podcast series, which has consistently attracted attention and engagement from across the ecosystem.
The podcast has seen remarkable success in recent months, with episodes regularly garnering six-figure viewership and hundreds of likes. For instance, the December 6th episode achieved an impressive 157,000 views and 645 likes, demonstrating its resonance with the Hedera community. Similarly, episodes aired on November 22nd and December 4th also drew widespread attention, reinforcing the podcast’s role as a cornerstone of community engagement.
By providing a platform for insightful discussions and collaboration, the series not only educates listeners but also strengthens their connection to the ecosystem. Each episode covers key developments, features interviews with influential figures, and highlights the collective progress within Hedera’s decentralized network.
Connecting Directly with Users
Beyond podcasts, HashPack has taken steps to ensure direct interaction with its user base. Initiatives like Ask Me Anything (AMA) sessions provide users with opportunities to engage with HashPack leadership, ask questions, and gain clarity on important topics. These live sessions reflect HashPack’s dedication to transparency and its desire to build trust within the community.
For instance, during a widely attended AMA earlier in the year, CEO May Chan and CTO Tyler Coté addressed topics such as staking features, token utilities, and future development plans. These candid conversations have deepened user trust and created a culture of collaboration between the team and its community.
Education and Collaboration
HashPack has also focused on educational content to empower its users and bring them closer to the ecosystem. Through blog posts, guides, and walkthroughs, HashPack ensures that even new users can navigate Hedera’s ecosystem with confidence. The wallet’s user-centric design further supports this, as frequent updates and new features are often inspired by direct feedback from its community.
Collaborative efforts within Hedera’s ecosystem have played a key role in this success. By participating in ecosystem-wide initiatives and supporting projects through partnerships, HashPack reinforces the idea that building together leads to mutual growth. Events like the community showcase highlight these partnerships and demonstrate the collective achievements within Hedera.
A Growing and Engaged Network
HashPack’s approach to community growth has clearly resonated, as seen in its widespread engagement metrics and loyal user base. By combining interactive content, direct communication, and educational initiatives, HashPack has cemented its reputation as a leader in fostering community-driven growth. This strong foundation not only benefits the wallet but also enhances Hedera’s broader ecosystem by bringing users and developers closer together.
The Ripple Effect: HashPack’s Impact on Hedera
HashPack’s growth directly correlates with Hedera’s expansion. The wallet has simplified onboarding for new users, making Hedera more accessible. Developers also benefit from HashPack’s extensive integration capabilities, which foster innovation and collaboration.
This wallet’s dominance in NFT and DeFi activities showcases Hedera’s potential to compete with other blockchain ecosystems. As HashPack grows, so does Hedera’s ecosystem, attracting institutional and individual investors alike.
HashPack serves as a case study in how robust wallet infrastructure can transform a network. Its achievements underscore the importance of user-focused design and community-driven growth.
Looking Ahead: Project Expedition and the Future of HashPack in 2025
As 2025 approaches, HashPack is gearing up to redefine user interaction within the Hedera ecosystem. Central to this vision is Project Expedition, a bold initiative aimed at enhancing the way users explore and engage with the decentralized web. This ambitious project underscores HashPack’s commitment to innovation and its dedication to serving the evolving needs of its community.
Project Expedition: Redefining the Wallet Experience
Project Expedition promises significant advancements, starting with the development of a standalone application designed to expand HashPack’s capabilities beyond its current form. This initiative focuses on creating deeper integrations with decentralized applications (dApps) across Hedera, ensuring a more seamless and engaging user experience. By addressing community feedback, HashPack aims to offer tools that make navigating the ecosystem intuitive for both new and experienced users.
A major element of Project Expedition is the expansion of the PACK token’s utility. From enhanced staking features to exclusive ecosystem services, PACK will become even more integral to the HashPack experience. This initiative aligns with the wallet’s mission to reward users and provide value within the Hedera network.
A Vision for 2025
Looking forward, HashPack’s plans extend beyond Project Expedition. The wallet aims to solidify its role as the go-to platform for interacting with Hedera, while simultaneously scaling to meet the demands of a growing user base. By continually evolving its offerings, HashPack will support the network’s expansion into new sectors, including enterprise applications, gaming, and more comprehensive DeFi solutions.
Community engagement will remain at the forefront. With plans to host more educational events, podcasts, and collaborative spaces, HashPack intends to strengthen the bond between its users and the broader Hedera ecosystem. Transparency, accessibility, and user-centric design will guide these efforts as HashPack works to bridge the gap between complex blockchain technology and mainstream adoption.
The Road Ahead for HashPack and Hedera
HashPack Wallet has emerged as a transformative force within the Hedera ecosystem in 2024. Through groundbreaking innovations like WalletConnect integration, the successful launch of the
PACK token, and a steadfast commitment to community growth, HashPack has solidified its role as a leader in blockchain wallet solutions. Its impact reaches beyond just a wallet—it is a driving force behind the ecosystem’s expansion and adoption.
Looking forward to 2025, HashPack’s ambitions remain bold and inspiring. With Project Expedition, the wallet aims to redefine user experiences, enhance the utility of PACK, and deepen its integration with Hedera’s growing ecosystem of decentralized applications. This initiative promises to bring new tools, features, and opportunities to its users, solidifying HashPack as the go-to platform for engaging with Web3.
Beyond its technical advancements, HashPack’s dedication to transparency, education, and collaboration continues to strengthen its bond with the Hedera community. By creating accessible tools, fostering meaningful dialogue, and supporting ecosystem growth, HashPack is setting the standard for what a blockchain wallet can achieve.
As 2025 unfolds, HashPack will remain at the forefront of innovation within Hedera’s ecosystem. Its work will not only empower users but also drive broader blockchain adoption. For users, developers, and the Hedera network as a whole, HashPack’s future is a testament to the power of vision, community, and continuous progress. The road ahead is one of opportunity, and HashPack is leading the way.
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