Hosky Mania PolicyID:

Hosky Mania


There are thousands of different cryptocurrencies in circulation, and some came into existence as a joke. On 5th November 2021, the $HOSKY token minted on the Cardano blockchain and formed a big community around it.

$HOSKY is a valueless currency with a supply of one quadrillion. The inspiration for the coin and its tokenomics came from $DOGE or $SHIB that are vastly popular on another chain and have a powerful meme community supporting the project.

$HOSKY coin has one simple promise: it will always be worth $0, and to get it, all you have to do is send 2ADA to a Doggie Bowl. Then, you'll receive 1.5ADA back and a random amount of $HOSKY token.

The demand outgrew any expectations. Hundreds of thousands of transactions were created by anons worldwide and crashed the Doggie Bowl. However, as it happens within the web3.0 community, the programmability and Smart Contracts allowed an independent team to build a DEX (decentralised exchange) to trade said token, creating a value higher than $0.

Meme coins can create huge communities that bring attention to the chain, drive usability, stress-test the network and even drive innovation. So it was the case with $HOSKY. The anon's need to become memllionaires drew the transaction count to a record high, 1.5MM, during Epoch 304.

Each mint of the above artwork comes with a 25MM $HOSKY token and random HOSKY C(ash Grab)NFT so you too can be a memellionaire. (sent out within 48h to wallets that minted the $HOSKY MANIA artwork)



VASIL - Detail


It is likely that https://hosky-swap.io (now deprecated) was one of the earliest exchanges on the Cardano network. The exchange experienced a frenzy, during which people exchanged vast amounts of valueless meme coins.

VASIL - Detail

Brown Paper

"Hosky Token ($HOSKY) was created due to the lack of low-quality s**t coin meme tokens on the Cardano Ecosystem. We saw that such a great need existed and are here to fill that gaping hole as any good boy would. We bring aboslutely nothing other than low-quality memes, no financial value, no promises of mastiff gains, no mind-beagle-ing technology1, just doggo memes."

Is just one of many wise words to be found in the brown paper.

VASIL - Detail

The Bowl

In order to mint $HOSKY, users needed to visit the official website at https://hosky.io, click on the designated bowl, send ADA, and then wait to receive a valueless memecoin in return. During the peak of the mania, the website was inundated with traffic, causing it to crash multiple times. As a result, the number of transactions on the Cardano network skyrocketed, reaching an all-time high at the time.