The leading public chain in the Bitcoin ecosystem—Side Protocol—has officially launched the largest airdrop event within the Bitcoin ecosystem—Genesis Airdrop. This airdrop will distribute a total of 100 million $SIDE tokens, which will be released in batches according to a 3-month linear release plan after the mainnet goes live (scheduled for January, February, and March 2025). The event covers multiple ecosystems including Bitcoin, Cosmos, NFTs, etc., aiming to reward users and communities that support the project while further expanding the ecological influence of Side Protocol.
Airdrop Registration Information
- Registration Link: genesis.side.one
- Start Time: November 26, 2024, at 6:00 PM
- End Time: December 15, 2024, at 6:00 PM
Registration conditions are as follows:
- Provide a Bitcoin mainnet address (supporting Taproot or Native SegWit format).
- Registration will be conducted on a "first come, first served" basis, with a cap on the number of slots for each airdrop category. Unclaimed tokens will be reserved for future airdrop plans.
Communities and Rules Covered by the Genesis Airdrop
1. Active Bitcoin Users (30% Total Allocation, 30,000,000 $SIDE)
- Target Users: Users who have spent over 0.005 BTC on-chain between January 1, 2023, and November 1, 2024.
- Slot Limit: 50,000 active users, selected from 764,909 eligible addresses in the Bitcoin network.
2. NFT Community (10.5% Total Allocation, 10,500,000 $SIDE)
- Pudgy Penguins
- Milady
- Mad Lads
- Bitcoin Puppets
- NodeMonkes
- Ordinal Maxi Biz
- Bitcoin Frog
- Pizza Ninja
- Quantum Cats
- Runestone
- Bad Kids
- Celestine Sloth
3. ATOM Stakers (15% Total Allocation, 15,000,000 $SIDE)
- ATOM stakers (including Hydro users) who stake more than 15 are eligible.
4. Validators and Side Bridge Node Operators (6,000,000 $SIDE + 500,000 $SIDE)
- Allocated to Side Chain validators and Side Bridge node operators who have actively participated in the testnet in the past 6 months.
- Details of validator rewards distribution will be released on Discord in December 2024, with no additional registration required.
5. Public Goods Funding (1% Total Allocation, 1,000,000 $SIDE)
- Donors supporting teams through the AEZ public goods secondary funding round on the DoraHacks platform;
- Voters participating in the AEZ MACI voting round on the DoraHacks platform;
- Users staking $DORA on the Dora Factory mainnet Dora Vota.
6. Testnet Insiders (32,000,000 $SIDE)
- Thanks to the Insiders users who participated in the Side Protocol S2 testnet. This airdrop is based on the testnet points system, categorizing 735,532 addresses into 11 reward levels, with higher levels receiving more tokens.
- This portion of the airdrop is not subject to the "first come, first served" rule, and users can register at any time as needed.
7. Social Activities and Whitelist (5,000,000 $SIDE)
- Allocated to participants of social activities and whitelist users collaborating with other platforms, with specific details to be announced soon.
It is important to note that this Genesis Airdrop follows the "first come, first served" principle, with a registration cap for each category.
- Early registration will increase the number of tokens available for claim and reward core community members who actively follow project updates.
- Unclaimed tokens will be redistributed to users who have already claimed to increase their rewards.
It is reported that Side Protocol is a high-performance L1 public chain jointly developed by the former core team of Chainspace and early members of Binance Labs, fully compatible with the Bitcoin ecosystem and supporting various innovative features such as Bitcoin-native lending.
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