Hong Kong-based crypto exchange HashKey has announced the launch timeframe for its own Ethereum layer-2 solution called HashKey Chain.
Hong Kong’s largest licensed crypto exchange operator, HashKey Group, has announced the launch period for its Ethereum layer-2 solution dubbed HashKey Chain. In an X post on Jul. 8, the X account behind the project revealed that the network’s mainnet is scheduled to be launched in Q4, without providing a specific launch date.
The HashKey Chain network will serve as the base for the HashKey EcoPoints (HSK), an ERC-20 token developed by HashKey Group. This will incentivize ecosystem contributors by offering fee discounts and “specific rights” for asset issuance, as well as early access to “future new token subscriptions.”
HashKey first unveiled plans for its own utility token in November 2023. At the time, the company stated that the token’s economic model would be “closely tied to the long-term interests of ecosystem contributors.”
