HashKey announced the official launch of the airport for its platform token, HSK, on Tuesday 2 July with a plan to record in the third quarter of this year. HashKey plans to distribute 10 million HSK tokens and encourages users to participate through the mini tap-to-earn game on Telegram.
HashKey announced that users can claim HSK by entering DejenDog's Telegram bot and completing the specified task. Participants will receive a number of randomly eligible HSKs after logging into DejenDog, with the opportunity to significantly increase their allocation.
In the announcement, it was stated that inviting three friends would result in a 3x base allocation, while inviting three friends and subscribing to a telegram channel would provide a 5x base allocation. Entering through a community partner link also offers a 5x base allocation, and connecting wallets and passing a feasibility check can provide up to 100x of the basic allocation.
By tapping on the Husky-themed dog character, users collect HIT points. These points can be exchanged for more eligible HSKs or used to access decentralized applications (DApps) on HashKey's Ecosystem Chain 2 HashKey, HashKey Chain. At the launch of this game, a limited Golden Doggy Bag blind box containing HSK or other tokens from HSK ecosystem partners will be distributed.
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Telegram-based games are growing in popularity, with titles like Notcoin, Hamster Kombat, Yescoin, Tapswap, and PixelTap attracting many users. These games usually involve tapping buttons to get coins in the game, which can then be exchanged for airdrop tokens.
Reporting from Crypto News, on June 24, HashKey Group provided detailed information about the launch of the upcoming HSK token, including recording, airdrop, and its various utilities. HashKey Group stated that HSK will be an ERC-20 token with a total supply of one billion units. HashKey said that 65% of the tokens will be allocated for network growth, 30% for the team, and about 5% as a reserve fund.
In addition, HashKey has implemented a combustion mechanism. A total of 20% of the profits from various HashKey Group businesses will be used to buy and burn HSK tokens, reducing overall supply. Public records of HSK tokens are scheduled for the third quarter of 2024, after the airdrop.
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