Points came before transferable tokens
HashKey announced HSK as EcoPoints on April 11, 2023 and said it would distribute incentives without a private or public fundraising sale. The name identified the HSK project; it did not make every later campaign point an ERC-20 token.
In 2024, some users earned HIT points or balances called Eligible HSK. Those instruments could convert to transferable HSK only after campaign conditions were met, so earning a point did not itself establish ownership of HSK at an Ethereum address.
