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The tokens were not minted by Namebase. HNS can be mined and there was a wide initial distribution, many of them including to large OSS project s.



Their giveaway didn't go to well. They planned to give away "70% of the initial supply" to developers, but...

> To date, around 25 million HNS (1.83% of the initial supply, 1.23% of the fully diluted) has been claimed through the developer airdrop.

They can't even give HNS away, however...

> The discrepancy between the total possible number of airdrop claims and the actual number of airdrop claims can be explained by the fact that eligible developers need to have their SSH keys from 2019 in order to complete the claim. ... Without their old SSH keys, it's impossible for eligible developers to claim the airdrop.

they made the extremely hard to claim?


You’re mistaken. Namebase is an independent registar for HNS domains and it’s not the same as the Handshake project, which did the actual distribution of the coins.

I’m surprised people haven’t heard about this project, they have been linked on HN many times before.

Edit: typo


Seems to be a common point of confusion. So much so that it's on their FAQ:

https://www.namebase.io/faq/#did-namebase-make-handshake

I'm sure I and many others have heard of it before. It's just that there are so many of these 'X but Blockchain' ideas that come and go all the time that is just turns into a blur.




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