On Tuesday, HashKey, a crypto firm headquartered in Asia, announced the formal airdrop of its platform token, HSK. The token is scheduled for listing in the third quarter of this year. It intends to distribute 10 million HSK tokens and encourage users to participate in a mini tap-to-earn game on Telegram.
DejenDog Telegram Bot Launches HSK Token Airdrop with Engaging Tasks and Rewards
By accomplishing designated tasks and logging into the DejenDog Telegram bot, users can claim HSK, as HashKey has announced. Upon logging into DejenDog, participants will be randomly assigned a base amount of eligible HSK, potentially significantly enhancing their allocation.
The announcement indicated that inviting three friends produces a threefold increase in base allocation while inviting three friends and subscribing to a telegram channel results in a fivefold increase in base allocation.
In addition, a 5x base allocation is available by logging in through a community partner link, and a 100x base allocation can be obtained by connecting a wallet and passing the eligibility check.
Users accumulate HIT points by touching on the Husky-themed dog character. These points may be redeemed for additional Eligible HSK or utilized to access decentralized applications (DApps) on HashKey’s L2 “Ecosystem Chain,” the HashKey Chain.
Limited “Golden Doggy Bag” blind parcels containing Eligible HSK or other tokens from HSK ecosystem partners will be distributed at the game’s launch.
Titles such as Notcoin, Hamster Kombat, Yescoin, Tapswap, and PixelTap have garnered significant user engagement, and telegram-based games have been acquiring popularity. These games typically strike a button to accumulate in-game currency, which can later be redeemed for token airdrops.
On June 24, HashKey Group released a report that contained comprehensive details regarding the HSK token’s forthcoming release, including its airdrop, listing, and numerous utilities.
HashKey Group stated Details of HSK Token Airdrop and Upcoming Public Listing
The announcement further stated that HSK will be an ERC-20 token with a total supply of one billion units. HashKey disclosed that an estimated 65% of the tokens will be allocated for network expansion, 30% for the team, and approximately 5% as reserve funds.
Furthermore, HashKey has implemented a burn mechanism. The total supply of HSK tokens will be reduced by 20% by purchasing and burning 20% of profits from various HashKey group enterprises. Following the airdrop, the HSK token will be publicly listed in Q3 2024.
The team stated that HSK will be employed in various scenarios, such as community rewards, token pre-sales, transaction fee reductions, cross-platform ecosystem collaborations, and business activities on HashKey Global, the global flagship digital asset exchange.
HashKey Global is presently the “largest licensed virtual asset exchange in Hong Kong,” according to the statement.
The primary businesses of HashKey Group consist of HashKey Capital, HashKey Exchange, HashKey NFT, HashKey Cloud, and HashKey Tokenization.
These recent developments are anticipated to facilitate HashKey Global’s expansion. HashKey Global recently reported a trading volume that surpassed $348 million.
In January, HashKey Group disclosed that it had secured nearly $100 million in its Series A financing round, with a pre-money valuation exceeding $1.2 billion.
