|
|
|
|
|
|
|
|
|
|
[Table 2] Template for white papers for crypto-assets other than asset-referenced tokens or e-money tokens |
|
|
Template for white papers for crypto-assets other than asset-referenced tokens or e-money tokens [abstract] |
|
General information |
|
|
|
|
00 Table of content |
|
boolean true |
true |
|
|
01 Date of notification |
|
date |
2026-08-31 |
|
|
02 Statement in accordance with Article 6(3) of Regulation (EU) 2023/1114 |
|
boolean true |
This crypto-asset white paper has not been approved by any competent authority in any Member State of the European Union. The offeror of the crypto-asset is solely responsible for the content of this crypto-asset white paper. |
|
|
03 Compliance statement in accordance with Article 6(6) of Regulation (EU) 2023/1114 |
|
boolean true |
This crypto-asset white paper complies with Title II of Regulation (EU) 2023/1114 of the European Parliament and of the Council and, to the best of the knowledge of the management body, the information presented in the crypto-asset white paper is fair, clear and not misleading and the crypto-asset white paper makes no omission likely to affect its import. |
|
|
04 Statement in accordance with Article 6(5), points (a), (b), (c), of Regulation (EU) 2023/1114 |
|
boolean true |
The crypto-asset referred to in this crypto-asset white paper may lose its value in part or in full, may not always be transferable and may not be liquid |
|
|
05 Statement in accordance with Article 6(5), point (d), of Regulation (EU) 2023/1114 |
|
boolean true |
The utility token referred to in this white paper may not be exchangeable against the good or service promised in this white paper, especially in the case of a failure or discontinuation of the crypto-asset project. |
|
|
06 Statement in accordance with Article 6(5), points (e) and (f), of Regulation (EU) 2023/1114 |
|
boolean true |
The crypto-asset referred to in this white paper is not covered by the investor compensation schemes under Directive 97/9/EC of the European Parliament and of the Council or the deposit guarantee schemes under Directive 2014/49/EU of the European Parliament and of the Council. |
|
|
SUMMARY |
|
|
|
|
07 Warning in accordance with Article 6(7), second subparagraph, of Regulation (EU) 2023/1114 |
|
boolean true |
Warning
This summary should be read as an introduction to the crypto-asset white paper.
The prospective holder should base any decision to purchase this crypto –asset on the content of the crypto-asset white paper as a whole and not on the summary alone.
The offer to the public of this crypto-asset does not constitute an offer or solicitation to purchase financial instruments and any such offer or solicitation can be made only by means of a prospectus or other offer documents pursuant to the applicable national law.
This crypto-asset white paper does not constitute a prospectus as referred to in Regulation (EU) 2017/1129 of the European Parliament and of the Council or any other offer document pursuant to Union or national law. |
|
|
08 Characteristics of the crypto-asset |
|
textBlock |
The Hemp Access Token (HATX) is a utility token that functions as a digital access key in a real, natural material construction ecosystem. The token is issued on the Base network (Ethereum L2) in an ERC-20 compatible format. The total supply is 100,000,000 HATX. |
|
|
09 Further information about utility tokens |
|
textBlock |
The purpose of HATX is for the holder to receive discounts, priority access, partnership opportunities, and ecosystem benefits when purchasing natural building materials and in condominium projects. The token does not promise financial return and does not grant ownership. |
|
|
10 Key information about the offer to the public or admission to trading |
|
textBlock |
The public offer covers the entire community allocation of 35,000,000 HATX at a unit price of 0.10 EUR. The Issuer makes the tokens available gradually; according to the planned schedule, approximately 10-15 million HATX become available in the first 6-12 months. The offer runs from 30 September 2026 to 29 September 2027. No subscription or handling fee is charged to the purchaser. |
|
|
Part A - Information about offeror or person seeking admission to trading |
|
|
|
|
A.1 Name |
|
text |
HATX Technologies Kft. |
|
|
A.2 Legal form |
|
text |
Korlátolt felelősségű társaság (Kft.) |
|
|
A.3 Registered address |
|
|
|
|
Registered addess |
|
text |
Béke utca 3., 6781 Domaszék |
|
|
Country |
|
enumeration |
Hungary |
|
|
Sub-division |
|
text |
Csongrád-Csanád |
|
|
A.4 Head office |
|
|
|
|
Head office |
|
text |
Béke utca 3., 6781 Domaszék |
|
|
Country |
|
enumeration |
Hungary |
|
|
Sub-division |
|
text |
Csongrád-Csanád |
|
|
A.5 Registration date |
|
date |
2026-07-14 |
|
|
A.6 Legal entity identifier |
|
LEI |
648800FSNHLNOEHZRB60 |
|
|
A.7 Another identifier required pursuant to applicable national law |
|
text |
06-09-031394 (Cégjegyzékszám) |
|
|
A.8 Contact telephone number |
|
text |
+36706794347 |
|
|
A.9 E-mail address |
|
text |
legal@hempaccessglobal.com |
|
|
A.10 Response time (days) |
|
integer |
10 |
|
|
A.11 Parent company |
|
text |
None |
|
|
A.12 Members of the management body |
|
|
|
|
Member #1 |
|
id |
1 |
|
|
Identity |
|
text |
Horesnyi Béla |
|
|
Business address |
|
text |
6781 Domaszék, Béke utca 3. |
|
|
Function |
|
text |
Managing Director |
|
|
A.13 Business activity |
|
textBlock |
Crypto-asset issuance and ecosystem coordination. |
|
|
A.14 Parent company business activity |
|
textBlock |
No parent company |
|
|
A.15 Newly established |
|
boolean |
true |
|
|
A.16 Financial condition for the past three years |
|
textBlock |
Newly founded, no closed business year |
|
|
A.17 Financial condition since registration |
|
textBlock |
It is adequate, its capital is secured for operation. |
|
|
Part B - Information about issuer, if different from offeror or person seeking admission to trading |
|
|
|
|
B.1 Issuer different from offerror or person seeking admission to trading |
|
boolean |
false |
|
|
B.2 Name |
|
N/A |
|
. |
|
B.3 Legal form |
|
N/A |
. |
|
B.4 Registered address |
|
|
Registered addess |
|
N/A |
. |
|
Country |
|
N/A |
. |
|
Sub-division |
|
N/A |
. |
|
B.5 Head office |
|
|
Head office |
|
N/A |
. |
|
Country |
|
N/A |
. |
|
Sub-division |
|
N/A |
. |
|
B.6 Registration date |
|
N/A |
. |
|
B.7 Legal entity identifier |
|
N/A |
. |
|
B.8 Another identifier required pursuant to applicable national law |
|
N/A |
. |
|
B.9 Parent company |
|
N/A |
. |
|
B.10 Members of the management body |
|
|
Member #1 |
|
N/A |
. |
|
Identity |
|
N/A |
. |
|
Business address |
|
N/A |
. |
|
Function |
|
N/A |
. |
|
B.11 Business activity |
|
N/A |
. |
|
B.12 Parent company business activity |
|
N/A |
. |
|
Part C - Information about the operator of the trading platform in cases where it draws up the crypto-asset white paper and information about other persons drawing the crypto-asset white paper pursuant to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114 |
|
|
C.1 Name |
|
N/A |
. |
|
C.2 Legal form |
|
N/A |
. |
|
C.3 Registered address |
|
|
Registered address |
|
N/A |
. |
|
Country |
|
N/A |
. |
|
Sub-division |
|
N/A |
. |
|
C.4 Head office |
|
|
Head office |
|
N/A |
. |
|
Country |
|
N/A |
. |
|
Sub-division |
|
N/A |
. |
|
C.5 Registration date |
|
N/A |
. |
|
C.6 Legal entity identifier |
|
N/A |
. |
|
C.7 Another identifier required pursuant to applicable national law |
|
N/A |
. |
|
C.8 Parent company |
|
N/A |
. |
|
C.9 Reason for crypto-asset white paper preparation |
|
N/A |
. |
|
C.10 Members of the management body |
|
|
Member #1 |
|
N/A |
. |
|
Identity |
|
N/A |
. |
|
Business address |
|
N/A |
. |
|
Function |
|
N/A |
. |
|
C.11 Operator business activity |
|
N/A |
. |
|
C.12 Parent company business activity |
|
N/A |
. |
|
C.13 Other persons drawing up the crypto-asset white paper according to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114 |
|
N/A |
. |
|
C.14 Reason for drawing the white paper by persons referred to in Article 6(1), second subparagraph, of Regulation (EU) 2023/1114 |
|
N/A |
. |
|
Part D - Information about other token project |
|
|
|
|
D.1 Crypto-asset project name |
|
text |
Hemp Access Token |
|
|
D.2 Crypto-asset name |
|
text |
Hemp Access Token |
|
|
D.3 Abbreviation |
|
text |
HATX |
|
|
D.4 Crypto-asset project description |
|
textBlock |
HATX is a digital access and discount system linked to a natural material based (hemp, straw, clay) construction ecosystem. The goal of the project is to build a real economic system in which the token provides concrete access and practical benefit in the area of natural building materials, discount programmes and related services. |
|
|
D.5 Details of all natural or legal persons involved in implementation of crypto-asset project |
|
|
|
|
Person #1 |
|
id |
1 |
|
|
Type of person |
|
enumeration |
Advisor |
|
|
Name of person |
|
text |
Dr. Tamás Fekete-Szabó, attorney-at-law (Fekete-Szabó Law Office) |
|
|
Business address of person |
|
text |
Madách utca 24/B., 6721 Szeged, Hungary |
|
|
Domicile of company |
|
enumeration |
Hungary |
|
|
D.6 Utility token classification |
|
boolean |
true |
|
|
D.7 Key features of goods or services for utility token projects |
|
text |
Discounted access to natural building materials (Kendercell, hemp, straw, and clay-based elements), as well as other ecosystem benefits such as project company residential discounts, pre-booking rights, partner discounts, and community ecosystem advantages. |
|
|
D.8 Plans for the token |
|
|
|
|
Description of past milestones |
|
textBlock |
Completed: creation of the issuer Kft., legal review of the classification under MiCA and obtaining a legal opinion, finalisation of the white paper. |
|
|
Description of future milestones |
|
textBlock |
Planned: preparation of the token smart contract, selection of KYC/AML and payment partners, preparation of the website and document library, launch of the public offer phase, discount programmes and partner agreements, building processing and manufacturing capacities, preparation of project company condominium models, then regional and international expansion (for details, see Chapter 16, Roadmap). |
|
|
D.9 Resource allocation |
|
text |
Technology and token system 15%, legal and compliance 15%, ecosystem and discount programmes 15%, material development 15%, condominium project preparation 20%, partner network 8%, marketing 7%, operating reserve 5% (for details, see Chapter 12). |
|
|
D.10 Planned use of collected funds or other tokens |
|
text |
The funds received are used primarily to strengthen the utility of the token, the operation of the ecosystem, the technological background, the compliance processes and the discount programmes; for a detailed breakdown, see Chapter 12 of the white paper. |
|
|
Part E - Information about offer to public of other tokens or their admission to trading |
|
|
|
|
E.1 Public offering or admission to trading |
|
enumeration |
Offer to public |
|
|
E.2 Reasons for public offer or admission to trading |
|
textBlock |
The purpose of the public offer is to build and operate the token-related access and discount system, the ecosystem, and the partner network. |
|
|
E.3 Fundraising target |
|
|
|
|
Target expressed in currency |
|
monetary |
3500000 |
EUR |
|
Target expressed in units |
|
decimal |
35000000 |
|
|
Target expressed in digital token identifier |
|
text |
5SSLD82DZ |
|
|
E.4 Minimum subscription goals |
|
|
|
|
Goals expressed in currency |
|
monetary |
|
EUR |
|
Goals expressed in units |
|
decimal |
|
|
|
Goals expressed in digital token identifier |
|
text |
|
|
|
E.5 Maximum subscription goals |
|
|
|
|
Goasl expressed in currency |
|
monetary |
3500000 |
EUR |
|
Goals expressed in units |
|
decimal |
35000000 |
|
|
Goals expressed in digital token identifier |
|
text |
5SSLD82DZ |
|
|
E.6 Oversubscription acceptance |
|
boolean |
false |
|
|
E.7 Oversubscription allocation |
|
text |
|
|
|
Issue price details |
|
|
|
|
E.8 Issue price |
|
decimal |
0,10 |
|
|
E.9 Official currency determining issue price |
|
enumeration |
Euro |
|
|
E.9 Any other tokens determining issue price |
|
text |
|
|
|
E.10 Subscription fee |
|
|
|
|
Fee expressed in currency |
|
monetary |
0 |
EUR |
|
Fee expressed in units |
|
decimal |
|
|
|
Fee expressed in digital token identifier |
|
text |
|
|
|
E.11 Offer price determination method |
|
text |
Fixed unit price determination (0.10 EUR / HATX). |
|
|
E.12 Total number of offered or traded other tokens |
|
integer |
35000000 |
|
|
E.13 Targeted holders |
|
enumeration |
All types of investors |
|
|
E.14 Holder restrictions |
|
text |
US persons and residents of countries subject to international sanctions are excluded |
|
|
E.15 Reimbursement notice |
|
boolean true |
Purchasers participating in the offer to the public of crypto-asset will be able to be reimbursed if the minimum target subscription goal is not reached at the end of the offer to the public, if they exercise the right to withdrawal provided for in Article 13 of Regulation (EU) 2023/1114 of the European Parliament and of the Council or if the offer is cancelled |
|
|
E.16 Refund mechanism |
|
textBlock |
By bank transfer to the account from which the amount was received, or in the case of withdrawal, refunded within 14 days. The Issuer does not set a minimum subscription goal, therefore a reimbursement due to the minimum goal not being reached is not applicable; a refund takes place in the case of the exercise of the right of withdrawal or the withdrawal of the offer. |
|
|
E.17 Refund timeline |
|
text |
14 days |
|
|
E.18 Offer phases |
|
textBlock |
A single public offer phase running from September 30, 2026, to September 29, 2027. |
|
|
E.19 Early purchase discount |
|
textBlock |
No early purchase discount in the public price (the 0.06 EUR partner price comes from a separate allocation). |
|
|
E.20 Time-limited offer |
|
boolean |
true |
|
|
E.21 Subscription period beginning |
|
date |
2026-09-30 |
|
|
E.22 Subscription period end |
|
date |
2027-09-29 |
|
|
E.23 Safeguarding arrangements for offered funds or other tokens |
|
textBlock |
Funds are kept in a segregated bank account. |
|
|
E.24 Payment methods for other token purchase |
|
textBlock |
Payment by bank transfer in euro or in Hungarian forint and, where made available by the Issuer, by bank card payment or through a payment gateway operated by a licensed service provider. In all cases the funds received are transferred to a segregated account held with a credit institution and used exclusively for this purpose. The Issuer does not accept consideration in crypto-assets under this public offer. |
|
|
E.25 Value transfer methods for reimbursement |
|
textBlock |
By bank transfer to the bank account from which the payment originated. |
|
|
E.26 Right of withdrawal |
|
textBlock |
Retail acquirers have a 14-day right of withdrawal without justification. |
|
|
E.27 Transfer of purchased other tokens |
|
textBlock |
Tokens are transferred to the buyer's specified wallet address within 20 days of receiving payment. |
|
|
E.28 Transfer time schedule |
|
text |
Maximum 20 days. |
|
|
E.29 Purchaser's technical requirements |
|
textBlock |
An ERC-20 compatible Base network crypto wallet is required. |
|
|
Other token services provider characteristics |
|
|
|
|
E.30 Other token service provider (CASP) name |
|
text |
|
|
|
E.31 CASP identifier |
|
LEI |
|
|
|
E.32 Placement form |
|
enumeration |
Not applicable |
|
|
Trading platforms characteristics |
|
|
|
|
E.33 Trading platforms name |
|
text |
|
|
|
E.34 Trading platforms market identifier code (MIC) |
|
text |
|
|
|
E.35 Trading platforms access |
|
text |
|
|
|
E.36 Involved costs |
|
textBlock |
No other cost is borne by the purchaser beyond the subscription fee. |
|
|
E.37 Offer expenses |
|
textBlock |
The Issuer covers the costs of the public offer from its own funds. |
|
|
E.38 Conflicts of interest |
|
textBlock |
The Issuer strives to identify, manage and, as necessary, disclose any conflicts of interest, in particular if the Issuer, the founders, the project companies or the affiliated undertakings hold HATX tokens. |
|
|
E.39 Applicable law |
|
textBlock |
Hungarian law and Regulation (EU) 2023/1114 (MiCA) |
|
|
E.40 Competent court |
|
textBlock |
Hungarian courts |
|
|
Part F - Information about other tokens |
|
|
|
|
F.1 Crypto-asset type |
|
text |
Utility token. |
|
|
F.2 Other token functionality |
|
textBlock |
Access to natural building materials, discounts, and ecosystem services. |
|
|
F.3 Planned application of functionalities |
|
textBlock |
The token can be used immediately upon the launch of the ecosystem to claim discounts. |
|
|
A description of the characteristics of the other token, including the data necessary for classification of the crypto-asset white paper in the register referred to in Article 109 of Regulation (EU) 2023/1114, as specified in accordance with paragraph 8 of that Article |
|
|
|
|
F.4 Type of crypto-asset white paper |
|
enumeration |
Other crypto-asset token white paper |
|
|
F.5 Type of submission |
|
enumeration |
New |
|
|
F.6 Other token characteristics |
|
textBlock |
Fixed supply (100,000,000 HATX), Base network ERC-20 token. |
|
|
F.7 Commercial name or trading name |
|
text |
Hemp Access Token (HATX) |
|
|
F.8 Website of the issuer |
|
text |
https://hempaccessglobal.com |
|
|
F.9 Starting date of offer to the public or admission to trading |
|
date |
2026-09-30 |
|
|
F.10 Publication date |
|
date |
2026-09-30 |
|
|
F.11 Any other services provided by the issuer |
|
textBlock |
No other services; the issuer deals exclusively with the token supply and ecosystem coordination. |
|
|
F.12 Language or languages of white paper |
|
text |
Hungarian and English |
|
|
F.13 Digital token identifier code used to uniquely identify the crypto-asset or each of the several crypto assets to which the white paper relates, where available |
|
text |
5SSLD82DZ |
|
|
F.14 Functionally fungible group digital token identifier, where available |
|
text |
QX70H0898 |
|
|
F.15 Voluntary data flag |
|
boolean |
false |
|
|
F.16 Personal data flag |
|
boolean |
false |
|
|
F.17 LEI eligibility |
|
boolean |
true |
|
|
F.18 Home member state |
|
enumeration |
Hungary |
|
|
F.19 Host member states #1 |
|
enumerationSet |
Austria |
|
|
F.19 Host member states #2 |
|
enumerationSet |
Belgium |
|
|
F.19 Host member states #3 |
|
enumerationSet |
Bulgaria |
|
|
F.19 Host member states #4 |
|
enumerationSet |
Croatia |
|
|
F.19 Host member states #5 |
|
enumerationSet |
Cyprus |
|
|
F.19 Host member states #6 |
|
enumerationSet |
Czechia |
|
|
F.19 Host member states #7 |
|
enumerationSet |
Denmark |
|
|
F.19 Host member states #8 |
|
enumerationSet |
Estonia |
|
|
F.19 Host member states #9 |
|
enumerationSet |
Finland |
|
|
F.19 Host member states #10 |
|
enumerationSet |
France |
|
|
F.19 Host member states #11 |
|
enumerationSet |
Germany |
|
|
F.19 Host member states #12 |
|
enumerationSet |
Greece |
|
|
F.19 Host member states #13 |
|
enumerationSet |
Ireland |
|
|
F.19 Host member states #14 |
|
enumerationSet |
Italy |
|
|
F.19 Host member states #15 |
|
enumerationSet |
Latvia |
|
|
F.19 Host member states #16 |
|
enumerationSet |
Lithuania |
|
|
F.19 Host member states #17 |
|
enumerationSet |
Luxembourg |
|
|
F.19 Host member states #18 |
|
enumerationSet |
Malta |
|
|
F.19 Host member states #19 |
|
enumerationSet |
Netherlands |
|
|
F.19 Host member states #20 |
|
enumerationSet |
Poland |
|
|
F.19 Host member states #21 |
|
enumerationSet |
Portugal |
|
|
F.19 Host member states #22 |
|
enumerationSet |
Romania |
|
|
F.19 Host member states #23 |
|
enumerationSet |
Slovakia |
|
|
F.19 Host member states #24 |
|
enumerationSet |
Slovenia |
|
|
F.19 Host member states #25 |
|
enumerationSet |
Spain |
|
|
F.19 Host member states #26 |
|
enumerationSet |
Sweden |
|
|
F.19 Host member states #27 |
|
enumerationSet |
|
|
|
F.19 Host member states #28 |
|
enumerationSet |
|
|
|
F.19 Host member states #29 |
|
enumerationSet |
|
|
|
F.19 Host member states #30 |
|
enumerationSet |
|
|
|
Part G - Information on rights and obligations attached to other tokens |
|
|
|
|
G.1 Purchaser rights and obligations |
|
textBlock |
The token holder is entitled to discounts when purchasing natural building materials, priority access, and ecosystem benefits. Obliged to comply with ecosystem rules. |
|
|
G.2 Exercise of rights and obligations |
|
textBlock |
Discounts can be claimed on the official website and within the partner network. |
|
|
G.3 Conditions for modifications of rights and obligations |
|
textBlock |
The issuer may modify access levels and rules by publishing them at least 15 days in advance. |
|
|
G.4 Future public offers |
|
textBlock |
None planned beyond this offer |
|
|
G.5 Issuer retained other token |
|
integer |
65000000 |
|
|
G.6 Utility token classification |
|
boolean |
true |
|
|
G.7 Key features of goods or services utility tokens |
|
text |
Discounted access to natural building materials (Kendercell, hemp, straw, and clay-based elements), as well as other ecosystem benefits such as project company residential discounts, pre-booking rights, partner discounts, and community ecosystem advantages. |
|
|
G.8 Utility tokens redemption |
|
text |
Tokens are redeemed for discounts within the ecosystem. |
|
|
G.9 Non-trading request |
|
boolean |
false |
|
|
G.10 Other tokens purchase or sale modalities |
|
text |
Under the public offer, HATX can only be acquired directly from the Issuer, by bank transfer. In the event of any later admission to trading, secondary market purchase or sale is possible only through a licensed external provider; this is not part of the Issuer's offer. |
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G.11 Other tokens transfer restrictions |
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text |
Tokens allocated from the Strategic partners pool are subject to a 12-36 month lock-up or gradual release. Acquisition of the token is excluded for US persons and residents of countries subject to international sanctions. |
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G.12 Supply adjustment protocols |
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boolean |
false |
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G.13 Supply adjustment mechanisms |
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text |
The total supply of the HATX token is fixed at 100,000,000 units. The smart contract does not contain any protocol that would increase or decrease the supply in response to changes in demand, therefore no supply adjustment mechanism is applicable. |
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Other token schemes details |
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G.14 Token value protection schemes |
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boolean |
false |
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G.15 Token value protection schemes description |
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textBlock |
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G.16 Compensation schemes |
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boolean |
false |
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G.17 Compensation schemes description |
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textBlock |
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G.18 Applicable law |
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textBlock |
Hungarian law |
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G.19 Competent court |
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textBlock |
Hungarian courts |
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Part H – Information on underlying technology |
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H.1 Distributed ledger technology (DTL) |
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text |
Base network (Ethereum L2, OP Stack), settling on the Ethereum proof-of-stake network. |
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H.2 Protocols and technical standards |
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text |
ERC-20 (OpenZeppelin based smart contract) |
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H.3 Technology used |
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textBlock |
Blockchain-based smart contract with source code verified on BaseScan. |
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H.4 Consensus mechanism |
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text |
Proof-of-Stake (via Ethereum core network) |
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H.5 Incentive mechanisms and applicable fees |
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text |
No mining incentives; network gas fees are paid by the transaction initiator. |
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H.6 Use of distributed ledger technology |
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boolean |
true |
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H.7 DLT functionality description |
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textBlock |
The token ensures the registration of access rights and ecosystem operations on the Base L2 network. |
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Other token audit details |
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H.8 Audit |
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boolean |
false |
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H.9 Audit outcome |
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textBlock |
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Part I - Information on risks |
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I.1 Offer-related risks |
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textBlock |
Market liquidity risk, uncertainty regarding the achievement of offer objectives. |
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I.2 Issuer-related risks |
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textBlock |
Newly established company, operational and market acceptance risks. |
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I.3 Other tokens-related risks |
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textBlock |
The loss or delay of ecosystem partners may affect the discounts and services associated with the token. |
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I.4 Project implementation-related risks |
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textBlock |
Delayed scheduling of the ecosystem and partner network rollout. |
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I.5 Technology-related risks |
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textBlock |
Potential technical disruptions of the Base network or smart contract vulnerabilities. |
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I.6 Mitigation measures |
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textBlock |
Thorough testing, ensuring legal compliance, and following a structured roadmap. |
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Part J - Information on the sustainability indicators in relation to adverse impact on the climate and other environment-related adverse impacts |
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J.1 Adverse impacts on climate and other environment-related adverse impacts |
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textBlock |
HATX is an ERC-20 token issued on the Base network (Ethereum L2, OP Stack), which settles on the Ethereum proof-of-stake consensus mechanism. The Issuer does not operate any validator, node or other network infrastructure. The principal adverse impacts on the climate and the environment of the consensus mechanism identified by the Issuer are: (1) energy consumption: the estimated annual energy consumption attributable to HATX is 1,500 kWh (field S.8), the calculation of which is set out step by step in field S.9; (2) greenhouse gas emissions from the generation of the electricity consumed (Scope 2): estimated at 0.5 tCO2e per year (field S.13), the calculation of which is set out in fields S.16 and S.34. The Issuer expressly states that, beyond these, it has not identified any other adverse impact (in particular the generation of electronic waste, water use or any other use of natural resources), as it does not operate any hardware of its own and the share of network hardware attributable to HATX is negligible. The Issuer further expressly states that the conditions laid down in Article 4(2) and Article 5(2) of Commission Delegated Regulation (EU) 2025/422 are not met, as the annual energy consumption reported in field S.8 (1,500 kWh) does not exceed 500,000 kWh. Of the supplementary indicators, the Issuer discloses indicators S.11 to S.14 (methodologies: fields S.15 and S.16) and the optional indicator S.19 (methodology: field S.34) on a voluntary basis. All indicators are estimates. The Issuer reviews and updates the information in Part J at least annually and without delay in the event of a material change. Part J does not use information from any other crypto-asset white paper. |
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Mandatory information on principal adverse impacts on the climate and other environment-related adverse impacts of the consensus mechanism |
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General information about adverse impacts |
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S.1 Name |
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text |
HATX Technologies Kft. |
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S.2 Relevant legal entity identifier |
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text |
648800FSNHLNOEHZRB60 |
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S.3 Name of the crypto-asset |
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text |
Hemp Access Token (HATX) |
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S.4 Consensus mechanism |
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text |
Base (Ethereum L2, OP Stack), which settles on the Ethereum proof-of-stake mechanism. |
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S.5 Incentive mechanisms and applicable fees |
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text |
No mining incentives; network gas fees are paid by the transaction initiator. |
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S.6 Beginning of period to which disclosed information relates |
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date |
2026-09-30 |
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S.7 End of period to which disclosed information relates |
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date |
2027-09-29 |
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Mandatory key indicator |
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S.8 Energy consumption |
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energy (kWh) |
1500 |
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Sources and methodologies |
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S.9 Energy consumption sources and methodologies |
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textBlock |
The S.8 value is an estimate covering the entire reporting period (30 September 2026 to 29 September 2027, the first 12 months of issuance), as HATX has no actual transaction history yet. The data have not been verified by a third party. Method: the energy consumption of the network is allocated in proportion to transactions. Formula: annual energy attributable to HATX = annual number of HATX transactions x network energy per transaction (precautionary upper bound). Step 1, measured baseline data: according to the report of the Crypto Carbon Ratings Institute (CCRI) "The Merge: Implications on the Electricity Consumption and Carbon Footprint of the Ethereum Network" (September 2022), the average power demand of an Ethereum node is 62.44 W, i.e. 547.01 kWh per year; the annual consumption of the network was 2,600.86 MWh, or 6.29 Wh per transaction (4,755 nodes, 1,132,081 transactions per day). Step 2, update with 2026 network data: the Etherscan Node Tracker (etherscan.io/nodetracker, accessed on 11 September 2026) shows 11,113 nodes; the estimated annual consumption of the Ethereum network is therefore 11,113 x 547.01 kWh = 6,078,922 kWh. As a precaution, the lowest daily transaction count of recent weeks is used (8 August 2026: 1,365,000 transactions; source: YCharts, Ethereum Transactions Per Day), i.e. 498,225,000 transactions per year. Energy per Ethereum transaction: 6,078,922 kWh / 498,225,000 = 0.0122 kWh. Step 3, precautionary upper bound: the calculation uses 0.03 kWh per transaction, which is 2.46 times the result of Step 2. This margin covers the uncertainty of the actual power demand of the nodes and the consumption of Base's (L2) own sequencer and nodes. Base settles transactions on Ethereum in batches, so the share of Ethereum network energy attributable to one HATX transaction is much smaller than that of a full Ethereum transaction; nevertheless, the calculation treats each HATX transaction as a full Ethereum transaction. Base processes approximately 11.7 million operations per day (L2BEAT, accessed on 11 September 2026). For the share attributable to Base's own infrastructure to exceed the margin (0.0178 kWh per transaction), Base's infrastructure would have to consume approximately 76 GWh per year, more than twelve times the consumption of the Ethereum network under Step 2. Step 4, number of HATX transactions: the Issuer forecasts 50,000 transactions per year (delivery of tokens to subscribers, the Issuer's own operations and further transfers of tokens). Step 5, result: 50,000 x 0.03 kWh = 1,500 kWh per year (S.8). Sensitivity analysis: reaching the 500,000 kWh threshold would require approximately 16.7 million HATX transactions per year, 333 times the forecast; the uncertainty of the estimate therefore does not affect the classification below the threshold. Continuous application: the Issuer repeats the calculation using the same method at least annually, replacing the forecast transaction count with the actual transaction count of the HATX smart contract (0xabf1ab94d0d4b2bec1aa34632decd7cc00edd2d8) shown on BaseScan, and the network data with the current values of the above sources. Deviation from the calculation guidance: the Issuer has no metered energy consumption of its own; therefore, as a deviation from the guidance under Commission Delegated Regulation (EU) 2023/2772, consumption is estimated by transaction-based allocation of network data. The calculation does not use data from any other crypto-asset white paper. |
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Supplementary information on principal adverse impacts on climate and other environment-related adverse impacts of consensus mechanism |
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Supplementary key indicators |
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S.10 Renewable energy consumption |
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percent |
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S.11 Energy intensity |
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energy (kWh) |
0,03 |
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S.12 Scope 1 DLT GHG emissions - controlled |
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GHG emissions (tCO2e) |
0 |
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S.13 Scope 2 DLT GHG emissions - purchased |
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GHG emissions (tCO2e) |
0,5 |
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S.14 GHG intensity |
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GHG emissions (tCO2e) |
0,00001 |
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Sources and methodologies |
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S.15 Key energy sources and methodologies |
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textBlock |
S.11 (energy intensity, 0.03 kWh per transaction): the precautionary upper bound under Step 3 of field S.9, which the Issuer applies to HATX transactions. Derivation: 11,113 nodes (Etherscan Node Tracker, accessed on 11 September 2026) x 547.01 kWh per node per year (CCRI, September 2022) = 6,078,922 kWh per year, divided by the annualised lowest daily Ethereum transaction count (498,225,000; YCharts, 8 August 2026) = 0.0122 kWh, which the Issuer raises to 0.03 kWh as a precaution. The value is an estimate. S.10 (renewable energy consumption): not disclosed by the Issuer, as no verifiable data on the energy sources of the network nodes is available to it and the threshold under Article 4(2) of Commission Delegated Regulation (EU) 2025/422 is not met. The Issuer retrieves the current values of the sources again annually and updates the indicator using the same method. |
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S.16 Key GHG sources and methodologies |
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textBlock |
S.12 (Scope 1, 0 tCO2e): the Issuer does not operate any energy-consuming network infrastructure under its own control and therefore has no direct emissions in respect of the consensus mechanism. S.13 (Scope 2, 0.5 tCO2e per year): the product of 1,500 kWh under field S.8 and the emission factor of 0.33 kgCO2e/kWh under field S.19: 1,500 x 0.33 = 495 kg, rounded to 0.5 tCO2e. S.14 (GHG intensity, 0.00001 tCO2e per transaction): the product of 0.03 kWh under field S.11 and the factor of 0.33 kgCO2e/kWh: 0.0099 kg, rounded to 0.01 kg, i.e. 0.00001 tCO2e per transaction. The calculation follows the location-based method, consistent with the Scope 2 concept of Commission Delegated Regulation (EU) 2023/2772 (ESRS E1); the source of the emission factor is set out in field S.34. All values are estimates. The emissions are not reduced by any offsetting mechanism. |
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Optional information on principal adverse impacts on the climate and on other environment-related adverse impacts of the consensus mechanism |
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Optional indicators |
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S. 17 Energy mix |
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percent |
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S.18 Energy use reduction |
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Energy use reduction target (absolute value) |
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energy (kWh) |
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Energy use reduction target (percentage) |
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percent |
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S.19 Carbon intensity (kgCO2e/kWh) |
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decimal |
0,33 |
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S.20 Scope 3 DLT GHG emissions - value chain |
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GHG emissions (tCO2e) |
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S.21 GHG emissions reduction targets or commitments |
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textBlock |
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S.22 Generation of waste electrical and electronic equipment (WEEE) |
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mass (tonnes) |
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S.23 Non-recycled WEEE ratio |
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percent |
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S.24 Generation of hazardous waste |
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mass (tonnes) |
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S.25 Generation of waste (all types) |
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mass (tonnes) |
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S.26 Non-recycled waste ratio (all types) |
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percent |
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S.27 Waste intensity (all types) |
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mass (tonnes) |
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S.28 Waste reduction targets or commitments (all types) |
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textBlock |
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S.29 Impact of use of equipment on natural resources |
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textBlock |
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S.30 Natural resources use reduction targets or commitments |
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textBlock |
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S.31 Water use |
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volume (m3) |
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S.32 Non recycled water ratio |
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percent |
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Sources and methodologies |
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S.33 Other energy sources and methodologies |
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textBlock |
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S.34 Other GHG sources and methodologies |
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textBlock |
S.19 (carbon intensity, 0.33 kgCO2e/kWh): the network-specific emission factor according to the CCRI report "The Merge: Implications on the Electricity Consumption and Carbon Footprint of the Ethereum Network" (September 2022), which weights the emissions of the local electricity mix by the geographical location of Ethereum nodes: 869.78 tCO2e / 2,600.86 MWh = 334.42 gCO2e/kWh, rounded to 0.33 kgCO2e/kWh. The Issuer applies this factor because it reflects the actual location of the network's nodes. The value is an estimate. The Issuer reviews the factor annually and updates it when newer network-specific data is published. Fields S.20 and S.21 are not completed by the Issuer. |
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S.35 Waste sources and methodologies |
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textBlock |
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S.36 Natural resources sources and methodologies |
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textBlock |
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