# Hora Coin

Hora Coin ($HCOIN) is our **premium** cross-chain cryptocurrency which will be used within the Horaverse. 

## Basic info

* A limited supply of 300.000.000 $HCOIN
* **NOT pre-minted**
* **NO developer or investor holdings**
* Decentralized - minted exclusively by the smart contract of Hora Miner and Building Owners (Buildings need to be fully utilized, please read more about the meaning of that in the [Hora Miner](/nft-city-miner/hora-miner.md) section)
* **A guaranteed price of $HCOIN via our ETH Fund,** which is in the smart contract, will be formed from $ETH paid by players for the Hora Miner assembly (this can prevent dumping of the token below it's producing price).

{% hint style="info" %}
Hora Coin ($HCOIN) will be the one and only cryptocurrency on the entire market that will be obtained by simulation of the Proof-Of-Work concept with NFTs and smart contracts!
{% endhint %}

## **Distribution**

The entire mining process of $HCOIN will be very similar to Bitcoin mining. At the start, you will be able to obtain it fast (most beneficial for early adopters) and then the reward system will decline as time goes by. 

In PoW mining, specific miners validate a block of transactions and get a reward for it. In our case, we will gamify the process through the smart contracts and users will be able to see who mined the block in real time. Each block reward will be split between Rig owner, Building owner and Building manager based on the percentages they agreed on.

Once we deploy our smart contracts, and finalize development of Hora Miner we will provide more technical details.

{% hint style="info" %}
Hora Coins will be exclusively distributed by mining it with Hora Miners placed inside Building NFTs in NFT City Miner web3 gamified application. 
{% endhint %}

## **Utility and Burn**

* Mint of GPUs
* In-app purchases
* It will be used in the Hora Hub Marketplace
* Launchpad of new NFT projects
* A certain percentage of fees will be burnt and a certain percentage will be retained by Hora Games

## Networks

* Ethereum
* Polygon

## Exchanges

Once we deploy Hora Coin contract to multiple chains, we will add links to the exchanges here.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://whitepaper.horaverse.xyz/tokenomics/hora-coin.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.