6 months ago
Viral property Haliey Welch has released her authoritative token connected the Solana blockchain, the latest successful a agelong enactment of personage tokens floated connected the network.
Welch went viral earlier this twelvemonth aft utilizing a "hawk tuah" onomatopoeia to picture a intersexual act. "Hawk Tuah" rapidly became a signifier utilized for memes crossed societal platforms — making Welch an overnight sensation from a minimum wage worker who didn’t adjacent person an Instagram account.
As often happens with memes, "hawk tuah" has recovered its mode to the blockchain. Welch’s HAWK token went unrecorded connected Solana-based exchanges astatine 22:00 UTC connected Wednesday successful concern with overHere, a token launchpad.
Welch antecedently distributed escaped tokens to her societal media followers and supporters wrong the meme and NFT communities during a run held from Nov. 26 to Dec. 2.
A connection shared with CoinDesk said Welch can't merchantability the HAWK tokens she got for 1 twelvemonth and they volition vest implicit 3 years.
"Who doesn’t emotion a bully meme?" Welch said successful a prepared statement. "Becoming portion of meme civilization funny maine successful the satellite of crypto, and I've learned truthful overmuch on the way. Launching my ain token feels similar the cleanable adjacent measurement — not conscionable to make thing meaningful for my fans but besides to support my assemblage from scammers."
HAWK is supported by a instauration successful the Cayman Islands done implicit ineligible compliance successful the U.S. with hired directors connected staff. It has raised wealth from a radical of backstage non-U.S. investors astatine a $34.5 cardinal archetypal valuation.
Celebrity tokens became a short-lived rage wrong the Solana ecosystem earlier this year, with respective niche and forgotten media artists releasing their tokens utilizing Pump.Fun during a frenzied play successful May.
Most tokens ended up falling 99% successful the days, oregon adjacent hours, afterward.
But Welch's squad says it is successful it for the agelong run, hoping to physique a assemblage astir the token and her fans successful a bid to marque it a palmy task successful the agelong term.
"Launching the $HAWK token creates a fun, unafraid and innovative mode for Haliey to get adjacent person to her community," Jonnie Forster, Welch’s manager, said successful a statement. "It not lone empowers her fans but besides eliminates the disorder posed by scammers who are perpetually releasing unauthorized coins without approvals of her sanction and likeness."
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