HashKey launches tap-to-earn bot on Telegram to woo retailers with its HSK token

Hong Kong’s crypto exchange HashKey has rolled out its own tap-to-earn bot in Telegram in a bid to boost hype around its HSK token.

HashKey Group, an Asia-based crypto services company, said in a press release shared with crypto.news that customers can now access its tap-to-earn bot in Telegram dubbed DejenDog to claim its HSK.

The exchange says a total of 10 million HSK are being distributed ahead of its planned listing in Q3 2024, adding that participants will “randomly” receive a base amount of “eligible HSK” upon logging into the bot. For additional tokens, users can interact with a Husky-themed dog character in the bot, earning HIT points which can be redeemed for more HSK or utilized in decentralized applications on HashKey’s layer-2 solution, HashKey Chain, the press release reads.

The launch of the bot comes just a few weeks after HashKey Group announced plans to airdrop its HSK in a bid to enhance the utility and adoption within the HashKey ecosystem. The Hong Kong-headquartered firm first unveiled plans for its own utility token in November 2023, saying the token’s economic model will be “closely tied to the long-term interests of ecosystem contributors.”

The HashKey EcoPoints (HSK) is an ERC-20 token built on the Ethereum blockchain. It’s intended to serve as an incentive for ecosystem contributors, offering fee discounts and “specific rights” for asset issuance as well as early access to “future new token subscriptions,” the company claimed in a blog announcement at the time.