Shein, H&M, Zara
your days are numbered

0xe18c07D858fB1bbF8c06fD78c13b86AfD3d04e28

Initially Hempy will trade on Base, followed by launching on Solana in Q1 early 2025. You can trade Hempy on Aerodrome(Base) here: https://aerodrome.finance/swap?from=eth&to=0xe18c07d858fb1bbf8c06fd78c13b86afd3d04e28

Hemp is without a doubt one of the most sustainable fibers, requiring less water, land and energy to satisfy global demand. But hemp is itchy and stiff and simply not ideal for use in premium clothing. That’s why Hempy partnered with top-dog researchers to develop a cheaper process to modify the fibers and make them more suitable. We tokenized this research, not only to fund the project but also to give ordinary people a chance to govern and shape the future of sustainable fashion.

Yes ser. Hempy has partnered with Prof. Georg Gübitz at the Austrian Centre of Industrial Biotechnology (ACIB) to develop an innovative process for modifying hemp fibers to make them more suitable for textile applications. These modifications include making the fibers smoother, more flexible and waterproof. We’ll be releasing research updates once the R&D commences in February 2025 and we expect to have our first textile samples before the end of the year! Curious about the tech? You can read more about the research in our litepaper linked on the website.

Hempy is much more than a meme. Whilst his drip is cold and his aura is 6-figure, Hempy is backed by real research being conducted at the Austrian Center of Industrial Biotechnology in an effort to make sustainable fashion more accessible to everyone. If you’re a Hempy hodler, you’re one of the privileged few making the world a better place… and looking fresh while you do it.

Catalyst is a research launchpad developed by Molecule to help researchers fund their research by tokenizing their research. These Intellectual Property Tokens (IPTs) act as a stake in the developed technology giving community members governance over project execution decisions, licensing the IP and decision making on how returns from the IP are used. This platform allows researchers to go public from day 0, access funding quicker than ever before and ultimately helps accelerate the development of cutting-edge technologies.

For all detectives out there that might have checked the top onchain token holders for Hempy, might have noticed a really large wallet. This address belongs to the ValleyDAO multisig. ValleyDAO is an OG decentralized science project that has been building in space since 2021. With a community of over 2000 members, they’ve funded ~$1m in research at highly renowned biotech institutions like Imperial College London and the Australian national labs CSIRO, focusing on everything from developing solutions for removing toxic forever chemicals, to developing biomining processes for the extraction of critical rare earth metals without impacting the environment. Hempy is ValleyDAO’s initiative for tackling the fast fashion industrial complex, while enabling the public to partake in the cause. ValleyDAO participated on the same conditions as all other crowdfund participants on Catalyst, where the research project was funded under the name 'HempKnit'. Hempy acts as a form of aligned participation with ValleyDAO. In addition to the initial financial contribution, ValleyDAO is also incubating Hempy through community building, incentives, and brand support. Despite holding a significant portion of the supply, ValleyDAO does not intend to sell its holdings on the market but will instead use 5-10% of its allocation to reward community contributors and for other incentives that will drive value towards $HEMPY.