HashKey DID Launches OSTs to Get Ready for DAO
Following the introduction of Credential (which consists of two sub-functions, briefly OSTs and NFTs), HashKey DID now officially launches the own-branded non-transferrable HashKey DID OSTs.
To start with, OST is simply an abbreviation for On-chain Soul Token. Previously, the word “soul” was not frequently associated with the technically-featured NFTs, blockchain, or things alike.
However, in the era of Web3 and DAOs, soulbound token (SBT) is becoming an invincible trend. Why?
1)It reshapes the way we relate to others;
2) redefines how we build a loyal, united and resourceful community;
3) gives us a new perspective to manage reputation;
4) and tokenizes the distinctive features and achievements that make up who we’re and more.
HashKey DID On-chain Soul Token (OST), in essence, is such a non-transferrable SBT, and even more.
1.What is the HashKey DID OST？
HashKey DID OST is the non-transferrable On-chain Soul Token issued by HashKey DID.
It’s the on-chain deed grains that “freeze” an individual’s on-chain highlights and records active on-chain engagements and achievements, so as to:
1) prove that the individual is qualified to contribute to and manage the HashKey DID community;
2) verify that the individual is eligible to receive the HashKey DID DAO tokens;
3) and evaluate how many DID DAO tokens an individual will receive finally.
In all, HashKey DID SOTs are the unique and non-transferrable Souls of individuals.
2.Why Collect?
Just as previously stated, HashKey DID will eventually become a DAO, and return the rights of DAO Governance to the community by taking into consideration an individual’s contribution to the community, whether it’s by virtue of :
1) making technical advancement as a developer;
2) by helping out others in need as a volunteer;
3) or by presenting suggestions for the good of the community as an advisor.
The HashKey DID OSTs you collected “freeze” your on-chain highlights and record your active on-chain engagements and achievements, and prove accurately your contribution to the HashKey DID community.
These on-chain records are the soul tokens that are neither tradable nor transferable, but will:
1) serve as the proof of your contribution to HashKey DID community;
2) and as a proof to receive early adopter rewards(including DAO governance tokens) by HashKey DID.
As a result, the earlier, the better. The more, the better.
3.Where to Show My OSTs?
In HashKey DID Space.
You can follow HashKey DID in Space so as not to miss out on any OSTs that you’re eligible to claim.
Look forward to seeing your Web3 Space on Social Media!
4.How to Collect?
Any upcoming HashKey DID OST events will be updated on HashKey DID official website and social media👇
Stay tuned!
5.Upcoming
HashKey DID OSTs including Pioneer and Front Runner will be available for claiming at 8 p.m. Aug. 2nd, 2022 SGT.
At the same time, HashKey DID’s first DApp, NFT publishing and trading platform 721Land is also launching OST 721Land First Anniversary, which will be available for claiming at 8 p.m. Aug. 2nd, 2022 SGT.
Hope you enjoy!
About HashKey DID
HashKey DID is a multi-chain, decentralized, storage-featured identity data aggregator and Web 3.0 identifier that is underpinned by NFT- and smart contract-based privacy-preserving technology. As an important Web3 infrastructure of the HashKey ecosystem, the fundamental goal of HashKey DID is to build a community-governed HashKey DID DAO together with users.
About HashKey Group
HashKey Group is an end-to-end digital asset financial services group in Asia. The Group provides a complete ecosystem across the entire digital asset landscape, ranging from venture investment, to custody, to technologies and trading. HashKey’s senior team has extensive experience and expertise in investment, governance and technology gained from tier-one banks, regulators and Fintech ventures. By bringing together the most advanced blockchain research, development and technologies, HashKey identifies potential opportunities and delivers end-to-end solutions that operate within regulatory frameworks with the highest compliance standards. The Group has operations in Hong Kong, Singapore and Japan, and extensive partnerships with FinTech and blockchain solutions providers, academic institutions and associations.
