hBARKPrice

(HBARK)

hBARK is the utility token for "The Barking Game," a decentralized social engagement platform built on the Hedera network. Its primary purpose is to gamify social media interactions on X (formerly Twitter) by allowing users to highlight and reward high-quality content. It serves as the core incentive mechanism within its ecosystem, driving community engagement and content discovery through a unique social reward system.

While hBARK captures the community-driven energy often associated with meme coins, its founders categorize it as a utility token. This classification stems from its specific mechanical functions within "The Barking Game" ecosystem, such as generating Bark Power. Unlike pure meme coins, hBARK has a defined utility intended to facilitate decentralized social engagement and reward structures on the Hedera Hashgraph.

Bark Power is a daily resource earned by holding hBARK in a compatible wallet or by providing liquidity to designated pools. Users use this power to "bark" at impactful posts on X, which rewards creators without costing the user their actual hBARK tokens. Barks translate into points for the recipient, which are periodically converted into claimable hBARK tokens during "Lootgrab" events. Bark Power resets daily at 00:00 UTC.

The total, maximum, and circulating supply of hBARK is capped at 420,000,000 tokens. As a trustless asset, it follows a fair launch model with no private investor or VC allocations. For those looking to trade, hBARK is available on LBank and various decentralized exchanges within the Hedera ecosystem. Users can also participate in liquidity mining to earn a share of the supply earmarked for ecosystem incentives.

In addition to the social rewards, users can participate in liquidity mining. By providing liquidity to the HBAR/HBARK pool on supported trading platforms, users earn a share of the 20% total supply dedicated to liquidity provider (LP) incentives. These rewards are distributed daily. Furthermore, the project has collaborated with partners like The Creators Galaxy Foundation to offer potential airdrops and cross-promotions for active community members.

The hBARK project follows an "as-is" philosophy, explicitly stating there is no roadmap or guaranteed future features to maintain a trustless and immutable state. Built using the Hedera Token Service (HTS), the token (ID: 0.0.5022567) is designed with no administrative keys, meaning the creators cannot change its parameters. Most game interactions occur via off-chain signatures to avoid gas fees, while on-chain transactions are reserved for trading or staking.