> For the complete documentation index, see [llms.txt](https://leonie-campbell.gitbook.io/hofs-white-paper-2021/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://leonie-campbell.gitbook.io/hofs-white-paper-2021/7.-hofs-token-launch.md).

# 7. HOFS Token Launch

ERC20 Token Launches 22nd July 2022

![](https://580900919-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FsDMmydxIKghoSAaEmD93%2Fuploads%2FEc5XlQ4Lpr7syxGMxVX4%2FHOFS%20Tokens%20both%20sides.png?alt=media\&token=38a12b8e-b28a-42be-9f88-b8a4e4708645)

### &#x20;HOFS Token Launch <a href="#toc90187465" id="toc90187465"></a>

HOFS will be launching an ERC20 utility token (HOFS) for investors to purchase assets across the Friesian ecosystem that can be redeemed to buy, sell, swap, breed (TBA) and enter their NFT collectables into competitions. The role of the HOFS token is for Utility purposes only and is not a security.&#x20;