The native digital cryptographically-secured ecosystem utility token of Hot Cross ($HOTCROSS) is a transferable representation of attributed functions specified in the protocol/code of Hot Cross, which is designed to play a major role in the functioning of the ecosystem on Hot Cross and intended to be used solely as the primary utility token on the protocol/network which allows users to access a various number of products in the Hot Cross suite.

This includes access into Cross Pool, discounts or rebates on cross-chain B2B tool creation and associated B2C analytics, and DAO-style power over the decision making and governance of select portions of the Hot Cross ecosystem. We have found that overpromising token utilities can be dangerous, so from a top-level our primary objectives are as follows:

<aside> 📌 If we discover that other blockchains are more suitable for our needs, then we will quickly pivot that way. In particular this means Substrate, Solana, NEAR, or any other chain that develops out an ecosystem that we are able to tap into with relevance. We remain agnostic about the technologies that we use and $HOTCROSS itself is meant to be cross-chain from the first day of its launch. Hot Cross as a team is focused on tooling and eschews dogma; if we find niches to fill then we will aggressively go after them regardless of where they are located.


Last Update: July 4th, 2021