Token

2024

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>HashKey Group announced plans to list the HSK token in Q3 2024.</li> 
 <li>The total supply of HSK is set to 1 billion tokens.</li> 
</ul> 
<p>According to a recent announcement shared via X, HashKey Group revealed that the HSK token listing is set for Q3 2024.</p> 
<p>According to the official website of the project, HSK is the HashKey platform token based on the ERC-20 standard protocol that incentivizes contributors across HashKey’s ecosystem, fueling the growth of the entire ecosystem.</p> 
<p><a href="https://x.com/hashkeyhsk/status/1802954181621530909/photo/1" rel="nofollow" target="_blank"><img loading="lazy" decoding="async" class="alignnone" src="https://pbs.twimg.com/media/GQVdrfbaUAAZSZf?format=jpg&amp;name=medium" alt="GQVdrfbaUAAZSZf?format=jpg&amp;name=medium" width="1200" height="700" title="HashKey Group Announces HSK Token Listing In Q3 2024 With 1B Total Supply 19"></a></p> 
<h2 id="hsk-tokenomics">HSK tokenomics</h2> 
<ul> 
 <li>The HSK total supply is set to 1 billion tokens.</li> 
 <li>650 million tokens (65% of the total supply) will be allocated for ecosystem growth.</li> 
 <li>300 million tokens (30% of the total supply) will be allocated to the team.</li> 
 <li>5 million tokens (5% of the total supply) will go to a reserve fund.</li> 
</ul> 
<h2 id="benefits-of-hsk">Benefits of HSK</h2> 
<p>According to the same announcement, the benefits of the HSK tokens include the following:</p> 
<ul> 
 <li>earning community rewards</li> 
 <li>accessing exclusive token pre-sales</li> 
 <li>collaborating across platforms</li> 
 <li>enjoying transaction fee discounts on HashKey Exchange and HashKey Global</li> 
</ul> 
<p>HSK also fuels HashKey’s layer 2 Ecosystem Chain known as HashKey Chain, supporting on-chain users and assets.</p> 
<p>HSK will serve as the gas fee payment, incentives, and on-chain governance token for HashKey Chain.</p> 
<p>The utilities of HSK offer strong support and drive the growth of on-chain users and assets within the HashKey Chain ecosystem.</p> 
<p>HSK will integrate with external ecosystems, facilitating synergy between internal and external collaborations. The HashKey Group’s Web3 ecosystem includes infrastructure, middleware, <a href="https://crypto.ro/en/news/potential-and-risks-of-artificial-intelligence-in-the-workplace-survey/">AI</a>, DeFi, GameFi and metaverse.</p> 
<h2 id="hsk-burns">HSK burns</h2> 
<p>The team at HashKey also announced that they have implemented an offsetting issuance mechanism (burning) in order to protect <a href="https://global.hashkey.com/en-US/hsk" rel="nofollow noopener" target="_blank">HSK</a> holders from dilution.</p> 
<p>They will reportedly use up to 20% of net profits from specified HashKey businesses to purchase and permanently burn HSK tokens.</p> 
<h2 id="hsk-airdrop">HSK airdrop</h2> 
<p>Before the token listing, the team will launch a community airdrop in late June to reward the ecosystem contributors.</p> 
<p>Established in 2018, HashKey Group is a leading end-to-end digital asset financial services group in Asia that upholds the principle of “compliance first”, according to the project’s official website notes.</p>

HashKey Group Announces HSK Token Listing In Q3 2024 With 1B Total Supply

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