Honeyland
HXD
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
HXD (Honeyland) is a Solana-based mobile strategy game developed by Hexagon Studios. The project exhibits significant multi-faceted risks across all evaluated metrics. Active development appears largely dormant following historical milestones in early 2024, with no meaningful updates or governance activity identified through 2025-2026. Market liquidity is severely constrained with near-zero trading volume, conflicting circulating supply and market capitalization figures across aggregators, and unverified vesting schedules. Governance remains completely centralized under a partially identified executive team ('Corey'), compounded by an unexplained temporary shutdown in March 2026. A notable data gap exists in the Security and Audit History section, where retrieved sources lacked project-specific audit and security data, requiring weight redistribution. Given the combined lack of liquidity, dormant development, and game operational issues, the project poses severe downside risk.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Honeyland (HXD)
Honeyland (HXD) is the utility token for a mobile beekeeping strategy game operating on the Solana blockchain, developed by Hexagon Studios Inc. The token is designed for in-game economic activities, serving as a medium for asset upgrades, bee breeding, marketplace transactions, and staking mechanics, which officially launched in April 2024. HXD has a fixed maximum supply of 1,000,000,000 tokens.
The project's governance structure is centralized under Hexagon Studios, with the leadership team including an executive identified primarily by first name ('Corey') and no active decentralized autonomous organization (DAO) or on-chain voting mechanisms. While historical milestones such as staking deployment were achieved, active development and community engagement have largely stalled, with an absence of documented updates, governance activity, or developer releases spanning through 2025 and 2026.
Several operational and market risks are associated with the project. In March 2026, the game entered an unexplained temporary shutdown following strategic pivots. Additionally, the token exhibits constrained market liquidity with near-zero reported trading volume, unverified vesting schedules, a lack of publicly available security audits, and material discrepancies across market data providers regarding its circulating supply and capitalization.