Hoskinsea’s $HSK Token and the Future of NFT Marketplaces
March 23rd, 2022 at 2:19 pm UTC · 2 min read
Non-fungible token (NFT) marketplace Hoskinsea launched a “Curation Token” to decentralize the project. At launch, 10% of the HSK token’s total supply was allocated for Private Sale which is still on going for members to participate. Hoskinsea team is excited to announce a decentralized vision for the future of digital art, which puts the power where it should be in the hands of the community.
They began by helping spark a revolution for art. Today they spark a revolution for ownership, while the team is incredibly proud of how the Hoskinsea, which has led the art curation project, they also recognize, they are not the only ones with an eye for undiscovered talent and artistic value, therefore the $HSK token is a means to identify and empower new curatorial talent in the Hoskinsea community.
$HSK Token Benefits
Purchase of NFT: Token holders can be able to purchase NFTs from Hoskinsea marketplace at a discounted price
Transaction Fees: NFT minting fees can be paid using HSK tokens
Staking Platform: HSK token holders can choose to stake their tokens on our staking platform to earn more tokens
NFT Farming: Users will be able to stake NFTs on our platform and be able to earn rewards in limited/Rare NFTs which can be tradable on other NFT platforms too.
Transaction Fees Redistribution: Top holders, will be able to benefit also on our platform by earning a fixed percentage of profits made from all the transactions carried on our platform using the HSK token.
HSK Token Private Sale
1 ADA = 100 HSK Token
100 HSK Token = 1 ADA
Minimum Purchase: 200 ADA
Maximum Purchase: 20000 ADA
Early participants can purchase in HSK token private sale and become early holders of HSK tokens.
The $HSK token will be used as the primary vehicle to onboard a growing network of curators, galleries, and collectives – all functioning as Hoskinsea Spaces: independently curated storefronts on Hoskinsea.