HashKey, a prominent blockchain team, plans to distribute 10 million HSK tokens through the DejenDog Telegram bot.
According to HashKey Group, the company running HashKey Exchange, the largest regulated virtual asset exchange in Hong Kong, the much-awaited HSK token airdrop has officially begun. As per the release, participants can now use the DejenDog Telegram bot to gain access to the private HSK token airdrop channel and retrieve their tokens.
Before the impending listing, the company declared that 10 million HSK tokens would be distributed before the end of the current quarter.
How to Get the Airdrop of HashKey HSK Tokens
All participants who meet the requirements will have the opportunity to receive the HashKey token airdrop on a first-come, first-served basis. The business announced that upon logging into the DejenDog telegram bot account, airdrop participants will receive a base allocation of qualifying HSK tokens.
Up to three times the base HSK token allotment will be given to participants who invite three friends. The HashKey team also mentioned that users will receive up to five times their base allotment if they invite three friends and enroll in the Telegram channel.
Participants in the HSK airdrop can claim their base allotment five times if they log in using the community partner link. Participants who successfully link their wallets and pass eligibility verification will, in the meanwhile, get up to 100 times the base allocation.
Participants can play a tap-to-earn DejenDog mini-game to win more Eligible HSK tokens. Users can obtain HIT points—exchanged for appropriate HSK tokens or used to access Dapps on HashKey Chain, the company’s L2 ecosystem chain—by tapping the dog mascot with a husky theme.
Benefits and Allocation of Tokens
The HSK cryptocurrency follows the ERC-20 standard and has a maximum supply of $1 billion, as Coinspeaker has noted. Of the entire HSK tokens, the HashKey team donated 65% to the ecosystem’s expansion, with the remaining 30% going to the team and the reserve fund, respectively.
As web3 and digital assets become more widely used in Hong Kong and globally, the HSK token will become increasingly important in the HashKey Group ecosystem.
As an illustration, the HSK token will be utilized for better business growth on the HashKey exchange, special token pre-sales privileges, and community benefits.
Market Overview
Introducing HashKey’s native token into the global cryptocurrency scene coincides with the widespread acceptance of web3 protocols and digital assets. Hong Kong has already started implementing transparent cryptocurrency laws to make it easier for more investors to enter the Web3 market.
The considerable international participation in cryptocurrencies has dramatically increased their liquidity. Furthermore, the cryptocurrency market has been lending money to banked and unbanked people.
The HSK cryptocurrency is, therefore, in a solid position to increase in value over the upcoming quarters.