HashKey announces an airdrop and listing of HSK token
Asia's premier integrated digital asset financial services conglomerate, HashKey Group, recently unveiled plans for its latest digital asset, the HSK token. This token is slated for its grand public debut and distribution to the community in the third quarter of 2024.
The dispatch highlighted how the HSK token will play a pivotal role across the entire ecosystem and various ventures of HashKey Group.
Debut and Community Airdrop of HSK
In a statement issued on Tuesday, HashKey Group shed light on its upcoming HSK token, revealing key details about its launch, community airdrop, and various functionalities. The group shared that the HSK airdrop is scheduled for the end of June, with the aim of bolstering user engagement and fostering a sense of community.
HSK would be the ERC-20 token, boasting a grand total of one billion tokens. Of these, HashKey plans to dedicate 65% for network growth, allocate 30% to its team, and set aside 5% as reserves.
Additionally, HashKey Group will implement a token burn strategy, repurchasing around 20% of HSK token profits from various group operations and eliminating them to reduce the overall supply.
The formal market introduction of the HSK token is anticipated to follow in the late third quarter of 2024, as per HashKey’s statement.
HashKey Group reaffirmed its commitment to inclusive growth with the HSK token, ensuring it will find utility across the HashKey ecosystem, thereby fostering a holistic Web3 financial framework.
