eShark Token (ESHK) is built on blockchain technology and smart contracts. According to the whitepaper, this seeks to be the future of trusted transaction management for gamers and traders. This platform aims to unite gamers, traders, and exchanges into a decentralized, fair, and open network to globalize finance in the gaming market. Smart contract technology aims to provide an automated and transparent system to this platform.

The objective of eShark Token is to connect the gamers' community globally through a platform that seeks to let everyone conduct secure and easy transactions between users, eSports teams, players, game publishers, game developers, and companies. Further, ESHK is the native token of eShark platform. It is a BEP-20 standard token that can be kept in any BEP-20 compliant wallet integrated ESHK. BEP-20 is a token benchmark on Binance Smart Chain. A Binance Smart Chain is a blockchain network created for operating smart contract-based applications. Furthermore, the network also claims that eShark Token will create a democratic ecosystem for gamers. They seek to achieve it by using the token as a form of voting rights via blockchain system for online tournaments, eSports managers, event organizers, game influencers, eSports teams, and all gaming-related industries. The maximum total supply of the ESHK token is 100,000,000,000 ESHK, out of which 50% of the token has been burned. Token burning is when the tokens are removed from circulation, which lowers the number of tokens in use. The remaining tokens were distributed as follows: 20% allocated to the crowd sale and 10% each to the marketing campaign and stakeholders. The remaining 10% was distributed as 5% to the partners and advisers and 5% toward the liquidity.

Steven Taslim (CEO), Leonardo Winardi (COO), and Gilbert (CTO) are the cofounders of the eShark network. The whitepaper was released on October 13, 2021. As per the website, eShark has achieved several milestones. In 2021, the network made 5% presale and 20% crowd sales. It also launched eShark token wallet in the same year. In 2022, the token claims to launch eShark staking system and a decentralized exchange named Sharkie Swap.

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