Hacash.Diamonds collaborates with Neo to mint and market Proof-of-Work NFTs.

May 20, 2022

Hacash Diamonds (HACD) and the Neo blockchain have announced a collaboration to enhance proof-of-work consensus in non-fungible assets.

 

Hacash.Diamonds collaborates with Neo to mint and market Proof-of-Work NFTs.

Hacash Diamonds (HACD) and the Neo blockchain have announced a collaboration to enhance proof-of-work consensus in non-fungible assets. HACD is the first-of-its-kind PoW NFT with the objective of surpassing Bitcoin as a store of value. This collaboration becomes HACD the first initiative this year to join the Neo Global Development (NGD) EcoBoost program. HACD will receive support from the program in the form of funding and other opportunities to market its revolutionary NFT idea. While the NFT sector has evolved tremendously in the previous two years, PoW NFTs continue to be a specialized field. On May 16, 2019, HACD issued the first NFT. However, this breakthrough has a long way to go, and the collaboration with Neo will make it feasible. Neo blockchain is a layer one blockchain that was introduced in 2014. It has now expanded and recently unveiled the N3 technological architecture. HACD plans to build its PoW NFTs using the N3 Neo Blockchain.

The 1H1B DAO is the result of a collaboration between the HACD collectors and the Hacash.Diamond team. The DAO plans to make HACD more valuable than Bitcoin, according to the DAO. It will mint 1H1B NFTs on Neo Blockchain, bringing HACD into the Neo ecosystem. According to the press release: “The 1H1B NFT will be a completely transparent, membership-based, and multi-chain NFT… The HACD and the 1H1B DAO will be crucial in the growth of Neo’s NFT ecosystem.” John Wang, NGD’s Director of Ecosystem Growth, stated: “We at Neo anticipate that this collaboration will provide HACD holders the opportunity to learn more about Neo and our premium Neoverse series NFTs.”

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