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$NHT is an ERC-20 token that will serve as a pathway between the Neighbourhoods network and crypto market liquidity. $NHT is used to access tools created by the Neighbourhoods team and by developers participating in the NH low-code marketplace. These tools help you spin up your own neighbourhoods!
We recommend MetaMask. Once you add the MetaMask wallet as a browser extension, you can purchase $NHT there.
Yes, we have enabled the bridge between Ethereum and Polygon. We will continue to facilitate bridges as we deploy $NHT on others chains, too. Be aware that using the bridge will incur gas fees.
33% i.e. 10B tokens will freely circulate. The balance 20B will be held as reserves.
Our intention is to use the reserve judiciously, and only as the community, and end-user needs grow. If Neighbourhoods takes off, and if we need to expand the team rapidly to support development, we may need to liquidate reserves. This will only occure in keeping with the growth in number of people wanting to support Neighbourhoods.
Toward the end of 2021, we held a small and successful Community Offering for our existing supporters. We ran this sale prior to listing on a few DEXs. These supporters joined even earlier-stage backers of Sacred Capital, the company from which Neighbourhoods grew.
Nope. It is not mandatory to pay for applet use in $NHT. $NHT is one of many settlement currencies available to communities.
But, to request and create features in the Neighbourhoods Bazaar, you will need to use $NHT.
Yes! $NHT enables communities and organizers to articulate their needs directly to developers. $NHT can also be used to crowdfund apps and therefore to share costs with other neighbourhoods.
Using $NHT also removes all transaction fees assessed by the Neighbourhoods organization. What's more, holding and staking $NHT confers governance benefits over the $NHT treasury.