News Report Technology
November 25, 2024

Sonic Joins Forces With HashKey Global To Boost Solana Ecosystem As Its First Gaming Partner

In Brief

HashKey Global has partnered with Sonic to enhance the Solana ecosystem and provide new experiences for global users and digital asset enthusiasts.

Sonic Joins Forces With HashKey Global To Boost Solana Ecosystem As Its First Gaming Partner

Licensed virtual asset exchange HashKey Global announced a partnership with Sonic, a layer 2 network in the Solana ecosystem. The collaboration will focus on enhancing the Solana ecosystem and offering innovative experiences to global users and digital asset enthusiasts. 

With its established trading resources and broad community reach, the partnership aims to provide more compliant and reliable digital asset services to Sonic’s international community. To kick off the partnership, the two parties will launch a community reward event featuring a total prize pool of up to 100,000 HSK and 500,000 Sonic Rings.

“Having onboarded over a million new users to Web3 through our TikTok Applayer, Sonic X stands as the only platform to successfully unlock TikTok distribution,” said Chris Zhu, CEO of Sonic SVM, to MPost. “HashKey’s significant allocation of $HSK tokens ahead of their generation event validates our platform’s unique ability to reach and engage new Web3 users. This partnership marks the beginning of our broader vision to help Web3 projects access entirely new audiences through our TikTok integration, making digital asset ownership more accessible than ever,” he added.

Sonic is the first Web3 application on TikTok launched within the Solana ecosystem, designed to support games and applications, with the goal of onboarding the next billion users to Web3.

HashKey Global is dedicated to fostering the growth of the global Web3 ecosystem by connecting users with high-quality projects through its HSK platform. This partnership aims to fully utilize HashKey Global’s licensed compliance capabilities along with Sonic’s SVM technology to offer users a more secure and efficient trading experience.

“This collaboration marks an exciting step forward in our mission to enhance the Web3 experience for global players and digital asset users,” said Ben El-Baz, Managing Director of HashKey Global, in a written statement. “Together, we are committed to fostering a dynamic and compliant digital asset landscape that empowers users and drives the next wave of innovation in the gaming sector,” he added.

HashKey Global And Sonic Launch Joint Rewards Campaign Offering HSK And Sonic Rings Prizes

In order to celebrate the launch of the HSK token, HashKey Global and Sonic are introducing a joint rewards campaign with a total prize pool of 100,000 HSK and 500,000 Sonic Rings. Participants can join by completing KYC verification through the SonicX app’s invitation link, which will grant them 5 HSK and 25 Sonic Rings. Additionally, users who complete KYC and make a first deposit of any amount will receive an extra 5 HSK and 25 Sonic Rings. 

The rewards will be distributed in two phases: Phase 1 will include users who complete tasks between 10:00 (UTC) on November 22 and 23:59 (UTC) on November 25, with rewards being distributed on November 26. Phase 2 will involve the distribution of remaining rewards within 7 days after the campaign ends. All rewards will be credited directly to participants’ HashKey Global accounts.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles
Alisa Davidson
Alisa Davidson

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

Hot Stories
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
CryptoQuant: Investors Holding Bitcoin For 6 To 12 Months Most Active In Selling
Markets News Report Technology
CryptoQuant: Investors Holding Bitcoin For 6 To 12 Months Most Active In Selling
December 26, 2024
AI Ethics 101: Navigating the Moral Landscape of Machine Learning
Opinion Markets Software Technology
AI Ethics 101: Navigating the Moral Landscape of Machine Learning
December 26, 2024
Subscan Introduces Governance Tracking Module For Astar, Empowering Users To Engage With Network’s Governance
News Report Technology
Subscan Introduces Governance Tracking Module For Astar, Empowering Users To Engage With Network’s Governance
December 26, 2024
Game.com Unveils Fair Launch Token Distribution Protocol, Enabling Transparent And Customized Token Launches
News Report Technology
Game.com Unveils Fair Launch Token Distribution Protocol, Enabling Transparent And Customized Token Launches
December 26, 2024