Husky Avax: The First Community-Driven Memecoin on Avalanche

method527
3 min readMay 26, 2021

Husky is the very first meme token to be deployed on the Avalanche network. With a fair, stealth launch that occurred on May 12th, 2021, Husky has quickly gathered steam as a fully community-driven token.

Husky was originally created by an anonymous developer who locked the entire supply in the Pangolin liquidity pool. Since then, a grassroots community has sprung up in support of the project. The current dev team are driving Husky forward not solely for profit, but to expand upon the possibilities of what a ‘memecoin’ can provide to the Avalanche ecosystem of DeFi products.

Husky benefits immensely by running on Avalanche, where secure and decentralized transactions are fast, cheap, and environmentally friendly. The tokenomics of Husky include:

  • Locked initial liquidity.
  • Hard-capped supply of 100,000,000,000,000 tokens.
  • No dev team allocation.
  • No airdrops.

Husky has already made immense strides forward and has fostered a growing and vibrant community of cryptocurrency enthusiasts who see the potential of both Husky and the Avalanche network. Husky has made appearances on the top-10 list of traded pairs for 24-hour volume on Pangolin, and the number of unique holders is increasing every day. At the time of this article, the Husky Telegram has over 630 members and the official Husky Twitter has over 850 followers, including musicians Sneazzy and RiFF RaFF (who have 1.1 million followers combined). Many of the larger holders of Husky have burned over 11% of the total supply, proving their commitment to growing Husky into a flagship coin for Avalanche.

The Husky community is committed to educating its members about the nuances of cryptocurrency trading. The Discord channel is constantly active and working on new ways to contribute to the community, producing info-graphics and informative videos for those new to cryptocurrency and those seeking to learn more about Husky, Pangolin, and the Avalanche network. Husky has become uniquely positioned as a stepping stone to those unfamiliar with cryptocurrency to learn more about the Avalanche network and all of the potential benefits it presents.

Looking to the future, there are many exciting aspects of Husky that are in the works. Husky’s roadmap currently includes:

  • The release of a Binance Smart Chain (BSC) bridge for Husky. Being available on the BSC network will present an opportunity to increase Husky’s value and to also attract new users to the Avalanche network.
  • Facilitating the purchase of exclusive pieces of apparel collateralized by native Avalanche NFTs, certifying the acquisition of each specific item. This is unprecedented on the Avalanche protocol, and will pave the way for new opportunities in marketing NFTs and similar blockchain products to those unfamiliar with the cryptocurrency market.
  • The ability to allow you to buy and sell musical NFT’s on the Avalanche blockchain.

In such a short time since its launch, Husky has evolved into much more than just a simple speculative token. Its true value to the Avalanche ecosystem lies in its ability to allow you to acquire physical pieces of art, designer apparel, and music, all of which will be backed by collateralized blockchain NFTs. This is only the beginning, and the Husky team looks forward to what the future holds for both Husky and the Avalanche network.

The Husky dev team is hosting an AMA on their official Telegram channel this Wednesday, May 26th, at 8:00PM UTC (4:00PM EST).

The waiting list for the very first line of merchandise, an exclusive run of Husky-branded hooded sweatshirts, will go live on Wednesday, May 26th, at approximately 9:00PM UTC (5:00PM EST). Follow this link for more information: https://www.husky.space/merchandising/first-sweat-husky

Website: www.husky.space

Twitter: https://twitter.com/AvaxHusky

Telegram: https://t.me/HuskyAvalanche

Discord: https://discord.gg/bR6kHZ54rP

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