Henlo is a community-driven memecoin project built in the Berachain ecosystem. Founded with a spirit of humor and cypherpunk irreverence, Henlo aims to redefine how people interact with cryptocurrency by focusing on culture over utility.
$HENLO is a native memecoin of Berachain developed by The Honey Jar (THJ).
The term "Henlo" originated from internet culture as a playful variation of "hello," inspired by the iconic “hello world” programming exercise.
THJ leveraged this term to build a unique brand identity, combining meme culture, developer references, and humor.
This approach has created a strong, relatable connection with its audience, appealing to both Berachain natives and users from other ecosystems.
$HENLO introduced an innovative development structure, focused on key on-chain community participants, using a quality weighted system to award Henlo points to holders across 130 communities from various blockchain ecosystems.
By driving growth and adoption through outstanding marketing and communications, $HENLO has become a key player in the Berachain ecosystem.
Its influence is amplified by THJ’s wide-ranging integrations across verticals like GameFi, NFTFi, MemeFi and DeFi.
Henlo has one goal: to welcome newcomers to the Berachain ecosystem.
Henlo is a native Bera project and since its inception is deeply intertwined with the roots of Berachain lore and cult.
The $HENLO airdrop is scheduled for the first few days after the Berachain mainnet launch.
The project has made great progress on its website, where a Henlo Points leaderboard has been created with more than 42k wallets that have claimed their Henlo Points.
There is also a global chat room on the Henlo website where many beras talk there.
The leaderboard also integrates Beranames to display those who have one registered, as well as a unique avatar system to display users' avatars.
Being just a memecoin, development is simpler and safer than other types of projects in the ecosystem.
On 05/02/25 the checker for the airdrop allocation was released based on the points obtained in the various campaigns linked to Henlo.
BERACHAIN INTEGRATION
SCORE = 5/5
As already explained in the previous points, Henlo is a native Berachain project so there is full integration with it.
It also participates in Berachain's user acquisition through regular quests, engaging content, and shared articles.
Considering the number of integrations THJ has created prior to mainnet,
Henlo establishes itself as one of the memecoins with the greatest potential for expansion and deployment since the early days of mainnet.
Just as an example, we can list projects that have or are developing interactions with the Henlo token: Kodiak, Memeswap, Honeypot Finance, Ramen Finance, IVX, GummiFi, Beraborrow, Magic Eden, Puff Paw, Blockchain_lol, among others.
Henlo attests to a certain cult market fit through the way it has chosen to structure its airdrop eligibility campaign, rapidly developed its community, combined with the intrinsic link it creates between the Berachain ecosystem, other NFT cults and other blockchains.
Compared with a relatively traditional memecoin project, HENLO stands out from its competitors by being at the crossroads of Berachain and the crypto ecosystem in its global sense.
Its aim is to offer an innovative solution that is likely to attract members of communities belonging to other chains towards Berachain and its atypical culture.
It is likely to set it apart from its direct competitors, being typical memecoins without such a high amount of integrations and intertwined utilities within an ecosystem like Berachain.
Although as part of the cult and the concept of memecoin it is stated on its website that it will have no use, we can also see that the token is part of a consensus mechanism called Proof of Love, through which users will be rewarded.
In the near future, it will also incorporate a playground where activities and games can be carried out where the $Henlo token will be the protagonist.
The token distribution scheme shows us that a high percentage of the total token is destined to encourage community activities.
The total number of tokens will be 100b.
The following image shows the distribution of the tokens, as well as the groups that will have vesting or cliff:
Contributors
15% 9 months vesting, 3 months cliff.
Investors
20% 6 months vesting.
PoL and Incentives
23% Includes Validator incentives, market making and initial DEX LP.
Community
32% Includes community airdrop and Ramen Launch sale.
Reserves
10% Henlo reserves, vested for 36 months
PROOF OF LIQUIDITY IMPACT
SOURCE = 5/5
As one of its slogans indicates: “Henlo is a dumb memecoin leveraging Berachain's Proof-Of-Liquidity rocket fuel”.
Being the meme born in the heart of THJ, with the multiplicity of connections and partnerships that are being reached to integrate the token into the projects, the integration and leverage of the PoL is evident.
Using the $HENLO token combined with some other tokens or projects to obtain $BGT and having the possibility of delegating it manually or automatically (through Set & Forgetti) to the THJ validator is another example of its integration with the PoL consensus mechanism.
SECTION 2 - FINAL SCORE: 20/20
SECTION 3: SOCIAL MEDIA & COMMUNITY ENGAGEMENT
SOCIAL MEDIA PRESENCE
SCORE = 5/5
The project's presence on social media is marked by the growth of its X account, on Telegram and through the activities launched on its website.
Regarding X, the first message was made on 07/12/24.
From that day until the time of this assessment, the project has made practically 1,700 posts, including its own content creations, re-posts and responses.
In just over 6 months, his followers have grown rapidly, from 96 at the start, reaching more than 36k at the time of writing this report.
Being a project that seeks to create a community cult, they have linked many projects inside and outside the Berachain ecosystem. This is done through gamification actions on their website where there are at least ..... participants.
Finally, the Telegram group has over 6k followers. They share the cult vibe through thousands of hens, stickers, memes, and crazy copy pasta.
The growth of the Henlo community, both on its social media and on its web app, has been very fast, but organic.
According to statistics, at the time of preparing this report, Henlo has achieved the following milestones:
Crews & Points
Total Unique Claimers - More than 13k
Points Claimed - More than 12.5M
Unique Crews Chatting In The Chatroom - 3k
Messages In The Chatroom - More than 8k
Articles
Total Subscribers - 88
Total Articles Collections Minted - 14.2k
Total Minters & Holders - 2.6k minters
Social Activity
Twitter Followers of @henlo - 36k
Telegram Members - 6k
A high percentage of participants are already part of the Berachain cult.
However, Henlo is generating connections to attract and link other cult NFT communities and non-Berachain native projects, so that they can join the community.
Being a cult memecoin, the main tool for generating community is obviously engagement.
Having to choose a crew when entering Henlo and then competing with other groups to obtain rewards, generating memes, voting for future additions are just the first engagement actions by the project.
Henlo management displays and great content production and engagement in their socials accounts.
By the end of the points campaign, more than 42k wallets have interacted with it and will be able to receive an allocation of the token on Berachain mainnet.
TRANSPARENCY
SCORE = 5/5
The development of Henlo is clear. Being a memecoin, the main and most important thing will be its launch on the market.
Henlo team, is continuously posting about The Honey Jar and Henlo.
As everything interconnected we can say the information is constant.
Sometime, information is hidden on the message, others is shared on Henlo paragraph.
Also team has build strong partnerships with other projects to integrate Henlo on the PoL Flywheel and rewards users who hold and provide Henlo to the ecosystem.
SECTION 3 - FINAL SCORE: 20/20
SECTION 4: SECURITY & RISK ASSESSMENT
SECURITY AUDITS
SCORE = 5/5
The Henlo smart contract was audited by Trust Security on 01/24/25 and 02/03/25.
In the report, 13 errors were found, which have been fixed for the project.
Henlo is a product of the Henlo Foundation, established in the Cayman Islands with the advice of leading reputable law firms in the web3 space, and directed by a leading reputable fiduciary services professional.
All appropriate regulations have been considered throughout Henlo’s life cycle including corporate structure, seed raise, launch, distribution, and ongoing management.
RISK IDENTIFICATION
SCORE = 5/5
Being just a memecoin, the risks are practically non-existent, being just an ERC20 smart contract.
Regarding any type of financial risk, it also tends to zero. Sufficient funds have been raised in the seed round to cover liquidity.
In relation to some type of risk in the social area, it is exposed to the same ones that the web3 ecosystem is exposed to.
CONTINGENCY PLANS
SCORE = 5/5
Considering the above point, it is not believed necessary to have contingency plans, since it is just a memecoin and not a DEFI project.
SECTION 4 - FINAL SCORE: 20/20
SECTION 5: CREDIBILITY, LEGITIMACY & QUALITY
PROJECT AND TEAM BACKGROUND
SCORE = 5/5
The team developing Henlo is The Honey Jar.
One of their goals is to expand the Berachain community and they have created a cult following of Beras. In turn, with Henlo, they aim to expand the cult to other user communities outside of Berachain.
They have also developed and are developing several projects that will have a high impact on the mainnet, Henlo being one of them.
It is safe to say that the team is comprised of experienced people with the skills required to scale.
The idea for Henlo originated within The Honey Jar (THJ) as part of their efforts to explore innovative, community-driven projects in the Berachain ecosystem.
Initial Launch:
Henlo was officially launched as a memecoin project on the Berachain blockchain, leveraging its Proof-of-Liquidity mechanism.
Community Crews Formation:
The project established five distinct crews—Baddies, Bullas, Mibera, OBB, and Elementals—to encourage group participation and foster a competitive yet collaborative environment.
Integrations:
Henlo strengthened its position by partnering with other projects in the Berachain ecosystem.
In their Paragraph article "henlo, integrations!" you can see a complete picture of the integrations carried out until November 2024: LINK
Meme Competitions and Events:
Regularly organized community events and competitions, including meme challenges, to maintain active engagement and grow its user base.
Trust and Legitimacy Recognition:
Gained favorable trust scores on platforms like Scamadviser and avoided scam warnings, solidifying its reputation as a legitimate project.
They have also launched Henlo Airdrop checker in02/05/25 - LINK
Henlo launch game plan:
Janitooor (THJ co-Founder & CEO) has informed the community about how HENLO launches in their X account:
Henlo’s community is highly active on X and on the official website.
Humor-Driven Culture:
The memecoin’s focus on humor and lightheartedness resonates well with its audience. Users often create and share memes, showcasing their enthusiasm for the project and contributing to its viral appeal.
Diverse User Base:
The formation of crews has diversified the community, enabling users with different interests and skills to contribute meaningfully. This structure also promotes healthy competition and strengthens user retention.
Bonus: HENLO crew system not only includes Berachain NFT project communities, but also includes other memecoin communities from other chains, such as, BONK, PEPE, Pudgy Penguins, Mad Lads, WIF, Popcat, MOG among many others as well.
PARTNERSHIPS AND COLLABORATIONS
SCORE = 5/5
With the help of THJ, the project has obtained numerous partners, collaborations and integrations, among them we can highlight:
Community Crews (Bera Baddies, Bullas, Mibera, OBB, Elementals):
Internal subgroups within the Henlo community that represent different factions or themes.
Crews were designed to gamify community participation, encouraging teamwork and competition.
Each crew aligns with specific themes or projects within Berachain.
Henlo stands out as a unique memecoin that embraces community and humor while operating within the Berachain ecosystem
Henlo’s transparency and alignment with meme culture have established it as a trusted and enjoyable part of the Web3 landscape.
The project’s innovative partnerships and gamified engagement model suggest a promising future for Henlo in Q5 and beyond.
SECTION 5 - FINAL SCORE: 20/20
RATING RESULTS
Excellent: The project presents a solid value proposition, excellent integration with Berachain, well-structured tokenomics, high social media activity and engagement, and robust security measures.
This report has been prepared with information provided by the Standard & Paws team of Contributors:
Executive Producer:
Assessment date: 02/05/25
Disclaimer
While S&P doesn't guarantee absolute protection against scams and rug pulls, it is a valuable tool for navigating the Berachain ecosystem with enhanced security.
