What Is HOSKY Token?

Hosky Token (HOSKY) claims to be a low-quality s**t coin meme token on the Cardano ecosystem. The Hosky Token (HOSKY) goes on to call itself a worthless token with no significant financial value and no promise of massive gains, whatsoever. However, all of it is just a marketing tactic to attract more investors, which becomes apparent as you become a part of their Discord group and follow them on Twitter.

How Does Hosky Token (HOSKY) Work?

There are absolutely no technical details given in the official whitepaper of Hosky token, so we’re afraid but we don’t know either. However, the only point mentioned in the whitepaper is that memes are the only basis of the Hosky project and they are here to make us all #memellionaires. They will do this by setting their goals higher than any s**t coin has done before, which is why they won’t go to the moon or Mars, but straight to Pluto, which is not even a planet anymore.

Unique Features of Hosky Token (HOSKY)

Marketing Strategy

Constantly putting your crypto project down and still getting followers is not everyone’s cup of tea. This is the element that makes the Hosky token stand out from the other meme-coins in the market.

Doggie Bowl Pull Rates

You’ll never know how many Hosky tokens you are going to get. Unlike other crypto projects where you do know the exact amount of tokens you’re getting for your money, the Hosky token keeps you in suspense, as explained later in this article.

Hosky Token (HOSKY) Tokenomics

In the tokenomics section, the HOSKY token team decided to finally boast a little, as they claimed that their tokenomics are much better than some of the non-meme coins out there, in addition to having way more meme potential (this is true, judging by their Twitter activity).

Initial token mint: 1,000,000,000,000,000

50% – Gifted to an unknown ‘Master’50% – Circulating Supply will be distributed as follows:

10% to the Founders
10% to MemeAcquisition
10% to Stake Pool Operators
10% to the Doggie Bowl
60% to be determined

How to Buy the Hosky Token ($HOSKY)?

This is a little tricky and frustrating, especially if you want to buy more Hosky tokens than the normal limit. However, making one transaction is relatively easier. To buy Hosky tokens, follow these steps:

Use a Shell-Era wallet that has support for popular assets.
Send ‘exactly’ two Cardano (ADA) tokens to this address: addr1vy740r73x2w3du2xxt76cs4hdml4zw2c5h7tddcyf3jauys9tyns4.
After 2 ADA is sent, 1.5 ADA will be returned to your wallet and a random amount of $HOSKY tokens will be sent to your account.
The total number of HOSKY tokens that will be sent to your account depends on Doggie Bowl Pull Rates and ‘pure luck’, as shown in the table below.

The HOSKY (Cash grab)NFT will become live in Dec, 1st 2021. The start of NFTs in the curious atmosphere of Hosky is just another opportunity for its marketing team to come up with ideas that grow the project further.

Reference: https://coinmarketcap.com/alexandria/article/what-is-hosky-features-tokenomics-and-price-prediction