HashKey Group, a leading digital asset financial services provider in Asia, has announced plans to list its HSK token in the third quarter of 2024. To celebrate this milestone, the company will conduct a large-scale community airdrop in late June to reward its ecosystem contributors.

The HSK token is built on the ERC-20 standard and has a total supply of 1 billion tokens. HashKey has allocated 65% of the tokens to ecosystem development, 30% to the team, and 5% to a reserve fund. The token will play a crucial role in the HashKey ecosystem, including fee payments, incentives, and governance on the HashKey Chain, its layer 2 solution.

HashKey plans to integrate HSK into various Web3 sectors, such as AI, DeFi, and the Metaverse. To prevent token dilution, the company will implement a burning mechanism, committing up to 20% of net profits from certain businesses to purchase and burn HSK tokens. This move demonstrates HashKey's commitment to maintaining the value of its token and ensuring its long-term sustainability.

HashKey Group has been on a growth trajectory since its successful $100 million Series A funding round earlier this year. The company is planning its next funding round later this year and has expansion plans into the Middle East and Europe. With its sights set on becoming a major licensed crypto exchange globally within five years, HashKey Group is poised for significant growth and success.

In conclusion, HashKey Group's upcoming HSK token launch and community airdrop are exciting developments in the world of digital assets. With its commitment to token sustainability and ecosystem development, HashKey is positioning itself for long-term success and growth. As the company continues to expand its reach and services, it's clear that HashKey Group is a name to watch in the industry.