The Hybrid Stack Token (HST) is an innovative token type that integrates Fungible Tokens (FT), Non-Fungible Tokens (NFT), and Semi-Fungible Tokens (SFT) into a single token framework. It is divided into two key layers: Base Token and Stack Token.
The Base Token, which can only be one of FT,NFT, or SFT, serves as the foundation, determining the technical ecosystem and providing foundational liquidity. It has a unique identifier and storage space to manage Stack Tokens, metadata, and market data, ensuring a structured and scalable framework.
Stack Tokens are issued on top of the Base Token and can be FT, NFT, or SFT. They enhance the Base Token’s value with unique attributes and create personalized markets through diverse functionalities.
HST streamlines token management by unifying FT, NFT, and SFT, reducing complexity for users and developers. Its Base Token delivers inherent liquidity and a structured ecosystem, while Stack Tokens enable personalized, diversified markets. This flexibility empowers creators to build scalable, innovative projects with lower overhead and greater market potential.
HST supports a wide range of applications, including immersive gaming ecosystems with in-game assets, DeFi platforms with unique governance tokens, digital collectible marketplaces with evolving art, secure event ticketing with expiration features, efficient supply chain tracking with verifiable assets, and hybrid platforms linking multiple markets.
No, HST is not an Ethereum token standard like ERC-20, ERC-721, or ERC-1155. It is a custom framework, designed to integrate FT, NFT, and SFT functionalities. While it may leverage Ethereum standards (e.g., ERC-1155 for the SFT Base Token), HST itself is a unique, non-standardized token type specific to its implementation (e.g., HACD).
Currently, smart contracts do not yet support creating new HST. HACD is the only existing HST implementation. You can issue Stack Tokens on the HACD framework, leveraging its infrastructure to create and manage these tokens.
