Hana Network’s $HANA Token: A Deep Dive into the Ongoing TGE Early Access Sale and Its Potential

Hana Network, a decentralized platform aiming to revolutionize cryptocurrency adoption through social network effects, is currently on the brink of launching the $HANA token. With the subscription period from June 17 to June 24, 2025, the TGE early access sale has sparked significant interest among crypto enthusiasts, bolstered by backing from prominent investors like Binance Labs (now YZi Labs). 

This article provides a comprehensive overview of the protocol, its native $HANA token, TGE early access, and what it means for investors and the broader crypto ecosystem.

What Is Hana Network?

Hana Network, launched in 2023, positions itself as the "TikTok of crypto," blending hypercasual finance with social media dynamics to onboard the "next billion users" into cryptocurrency. The platform leverages user-driven distribution on social networks like X, Telegram, Discord, and TikTok, creating a seamless, interactive experience that prioritizes real-time engagement and intuitive mobile interfaces. 

Often described as a Web4 project, HanaNetwork aims to transform how retail users interact with digital assets through features like casual earning, live social tipping, and peer-to-peer marketplaces.

The project gained traction in 2024 with the Mainnet Phase 1 launch of Hanafuda, a casual card game that serves as a retail distribution channel, fostering strong user engagement. In April 2025, HanaNetwork raised $6 million from notable investors, including Babylon, Hashkey Cloud, Morph, Solv Protocol, Osmosis, Kelp DAO, Pstake, Dewhales, and YZi Labs, formerly Binance Labs. This backing underscores the project’s credibility and potential to disrupt the crypto space.

Understanding the $HANA Token

The $HANA token is the native utility token of Hana Network, functioning as the backbone for trading, tipping, and building reputation within the ecosystem. With a total supply of 1 billion tokens, $HANA is designed to incentivize community participation and drive network growth. The token’s allocation, as confirmed on the protocol’s Medium post, is structured as follows:

• Community (51%)
  • Ecosystem Growth (30%): Distributed to decentralized applications (DApps) built on HanaNetwork, with a 12-month cliff and 12-month vesting.
  • Incentives (21%): Allocated for retroactive rewards, airdrops, and initial liquidity.
• Treasury (20%): 25% unlocked at TGE, with the remaining 75% vesting over 24 months.
• Team (19%): Subject to a 24-month cliff and 24-month vesting.
• Investors (10%): Multi-year vesting schedules to align long-term interests.

The ongoing early sale offers $HANA tokens at $0.04 each, with a fully diluted valuation (FDV) of $40 million. The sale aims to raise $2 million, with tokens fully unlocked at TGE, providing immediate access to participants.

$HANA Token TGE: Key Details

The $HANA Token Generation Event, or TGE, is a pivotal moment for the protocol, marking the public sale of its native token. The Early Access Sale began on June 17, 2025, at 7 AM UTC and will conclude on June 24, 2025, at 7 AM UTC.  According to the Medium post, access to the sale ends when the subscription period expires. However, depending on demand, the team may raise the cap. 

The funds will be used for initial market-making liquidity and community incentives. Here are the critical details:

• Vesting: All tokens are 100% unlocked at TGE, allowing participants to claim their tokens one week before exchange listings.
• Sale Structure: First-come, first-served, prioritizing early participants.
• Supported Blockchains: Ethereum, Binance Smart Chain (BSC), and Arbitrum, offering flexibility for users.
• Accepted Payments: USDC and USDT, simplifying participation.
• Referral Program: Participants can earn rewards by referring others, requiring a referrer’s X or Telegram ID during subscription. Top referrers are eligible for additional incentives, as part of the Kaito<>Hana campaign.
• Fund Allocation: Proceeds will support market-making liquidity and community incentives, with no refunds available.

To participate, users can visit the official sales page at hanafuda.hana.network/tge, deposit USDC or USDT on supported chains, and optionally enter a referrer’s ID for rewards. The first-come, first-served nature of the sale and the lack of refunds emphasize the need for prompt action and careful consideration of investment risks.

Hana Wallet: A User-Friendly Gateway

Hana Network’s ecosystem is supported by the Hana Wallet, a multi-chain wallet designed for managing crypto assets across blockchains like Ethereum, Bitcoin, BSC, Avalanche, Base, and ICON. The wallet offers an intuitive interface, advanced security measures, and access to popular tokens like USDC and USDT. 

Users can interact with an AI assistant or Hana team members, enhancing the user experience. Integration with ecosystem components like Hanafuda and Capsule Shop reinforces the project’s goal of seamless interactivity.

Previous Funding Rounds

The platform’s funding history provides context for its current trajectory:

• Pre-seed Round: FDV of $25 million, with a 12-month cliff and 12-month vesting.
• Strategic Round: FDV of $100 million, with a 4-month cliff and 20-month vesting.

These rounds, combined with the $6 million raise in April 2025, demonstrate a structured approach to financing, balancing investor incentives with long-term project goals.

How to Participate in the $HANA TGE Early Access

For those interested in the $HANA TGE, the process is straightforward:

• Visit hanafuda.hana.network/tge.
• Deposit USDC or USDT on Ethereum, BSC, or Arbitrum to secure tokens at $0.04 each.
• Optionally, enter a referrer’s X or Telegram ID to earn rewards.

Given the first-come, first-served structure and no-refund policy, potential investors should act quickly and assess their risk tolerance. Also worth noting is that cryptocurrency investments carry high market risk and volatility, and participants should conduct thorough due diligence.

Future Plans and Potential

Hana Network’s roadmap extends beyond the TGE, with plans to launch its core mobile app in July 2025 and expand its ecosystem. The project’s focus on hypercasual finance, P2P marketplaces, and integration with Web2 platforms like TikTok positions it to capitalize on viral growth and mass adoption. Features like casual earning and live social tipping could redefine how users engage with crypto, making it more accessible and engaging.

The backing of YZi Labs and other prominent investors, combined with a clear vision for onboarding new users, suggests HanaNetwork could become a significant player in the crypto space. However, challenges like exchange listings, token liquidity, and competition in the crowded DeFi and social finance sectors will test its resilience.

Conclusion

The $HANA token sale, running through June 24, 2025, offers a unique opportunity to engage with a project poised to bridge cryptocurrency and social media. With a $0.04 token price, $40 million FDV, and strong backing from YZi Labs and other investors, the forthcoming TGE has generated significant community interest. The project’s focus on hypercasual finance, intuitive mobile experiences, and viral growth through platforms like TikTok sets it apart in the crypto landscape.

Whether it becomes the “TikTok of crypto” remains to be seen, but HanaNetwork’s innovative approach and strong foundation make it a project worth watching.