Why Bitcoin?

In the dynamic landscape of digital assets, Bitcoin remains the cornerstone—a resilient store of value that's consistently outperformed amid market volatility. For long-term investors, the key isn't merely holding Bitcoin but strategically amplifying exposure through innovative mechanisms. HOCAI, originally launched in April 2024 as the utility token for the turn-based strategy game Heroes of Crypto AI, is now evolving into the first Bitcoin treasury company on Base, Ethereum's efficient Layer 2 chain. While the game remains a longer-term goal, we're repurposing HOCAI to focus on relentless Bitcoin accumulation, backed by transparent cbBTC holdings. With a fixed supply of 10 million tokens, already branded and listed on CoinMarketCap, HOCAI enables passive growth where weekly Bitcoin purchases steadily increase the cbBTC per token ratio. To relaunch with the new HOCAI/cbBTC pool, we'll convert the existing 2.55 WETH in the pool—currently valued at approximately $8,160 (based on ETH at $3,200)—into 0.1 cbBTC, worth about $11,800 (based on BTC at $118,000). This shift immediately boosts the HOCAI price by at least 44% in USD terms at the outset, anchoring it to Bitcoin's stability rather than ETH's fluctuations. We deeply appreciate our early adopters, who have shown unwavering commitment with no token sells in the past 90 days, ensuring stability as we transition to this leveraged Bitcoin strategy. We cannot issue more HOCAI; availability will be limited to what's in the pool.

Drawing inspiration from MicroStrategy's transformative approach—stacking Bitcoin to drive exponential value—HOCAI adapts this model for the crypto-native world on Base. Unlike MSTR's traditional finance constraints, HOCAI offers on-chain verifiability and accessibility, issuing tokens against a growing cbBTC pool from Coinbase's wrapped Bitcoin. Initially paired with WETH liquidity, which fluctuated wildly from $2,600 down to $1,400 and up to $3,300 over the past year, HOCAI suffered from ETH's volatility while Bitcoin grew steadily. By shifting to Bitcoin backing, we're anchoring to the world's most powerful, finite asset for true stability. To accelerate accumulation, we'll allocate funds to treasury operations powered by AI and advanced trading algorithms, executing trades across Base pairs to generate yields that fuel more cbBTC buys. During Bitcoin's high spikes, we can capitalize on premiums by selectively selling portions of HOCAI to rebuy additional Bitcoin, compounding holdings without dilution. We will use a 10% allocated portion for developers to support these treasury operations.

HOCAI's evolution honors its roots in gaming while embracing Bitcoin's dominance, creating a hybrid that rewards long-term holders. Early success as a game token built a loyal community, and now, as a treasury vehicle, it promises sustained growth. Weekly cbBTC acquisitions, funded through operational efficiencies, AI-driven trades, and strategic sales during peaks, ensure the treasury expands relentlessly. This isn't fleeting hype; it's a perpetual accumulation engine built to navigate cycles, where your HOCAI stake appreciates in Bitcoin terms over time. For Bitcoin investors seeking leverage and altcoin holders diversifying into proven value, HOCAI bridges the gap, turning volatility into opportunity on Base's low-fee ecosystem. On top of core accumulation, investor contributions—gifted funds used to purchase additional cbBTC at a base rate of $250 per week—directly boost the pool, effectively amplifying the backing per token as we issue value through this community-driven growth.

Transparency defines HOCAI: All cbBTC holdings are on-chain, verifiable in real-time, with no hidden maneuvers. Starting from our established token base with an initial 0.1 cbBTC, we're bootstrapping the treasury and scaling through consistent, algorithm-enhanced buys. This approach minimizes risks associated with derivatives, focusing instead on pure, compounding accumulation. Long-term investors will value how HOCAI evolves your position, aligning with Bitcoin's scarcity as halvings and adoption drive its narrative forward. In a sea of speculative alts, HOCAI stands on Bitcoin's foundation, offering scarcity and growth in one token. Moreover, our preallocated trading pool operates transparently on Base, leveraging AI to trade multiple token pairs and funnel earnings directly into the HOCAI/cbBTC pool, creating additional layers of value accretion beyond Bitcoin's baseline performance.

Why Base? As Coinbase's Layer 2, it delivers Ethereum's security with superior speed and affordability, ideal for a dynamic treasury. HOCAI isn't pivoting lightly; we're building the inaugural Bitcoin treasury here because Base is the hub for on-chain innovation. With cbBTC integration, we seamlessly import Bitcoin's value into DeFi, paving the way for future composability. This isn't just an investment—it's a stake in Bitcoin's treasury future, designed for those committed to long-term accumulation.