Today, Scroll (SCR) has been listed on cryptocurrency exchanges including Binance, Bybit, Bitget, KuCoin, MEXC, Gate.io, etc. On Binance, the first token launch was scheduled for 8:00 (UTC), but was postponed by one hour to 9:00 (UTC), according to the official announcement.
Following the listing, SCR is currently trading at $1.25, rebounding from its previous low of $1.21. The coin has a market capitalization of around $238 million and a FDV of $1.25 billion.
Scroll introduced its first Airdrop yesterday
On October 21, Scroll introduced its first airdrop, noting in a post on X that it was a celebration of the collective efforts and contributions that drove the project's success.
According to official data from Scroll, more than 100 cities in 30 countries and more than 90 global organizations are involved in this project.
Airdrop claims can be made starting today, October 22nd and will be open for 90 days.
The SCR airdrop distribution is organized as follows:
Community Participants â Individuals who contribute through on-chain activities, specifically through Scrollâs Sessions program.
Ecosystem Projects â Projects built on the Scroll platform, emphasizing innovation and network growth.
Industry Contributors â Including technical contributors, ZK researchers, open source developers, and organizations supporting public goods in the Ethereum ecosystem.
Global Community â Includes event organizers, hackathon winners, Road to DevCon participants, and Ethereum compilers.
Detailed Airdrop Allocation Details
5.5% of the total token supply, equivalent to 55 million tokens, has been reserved for community participants.
4% of the total token supply, corresponding to 40 million tokens, will be distributed proportionally to participants who accumulate at least 200 Marks by October 19, 2024.
1% of the total token supply, equivalent to 10 million tokens, is allocated as a Flat Boost, distributed evenly to all eligible participants on the chain.
0.5% of the total token supply, equivalent to 5 million SCR tokens, will be allocated to Onchain Bounties for all eligible participants.
What is Scroll (SCR)?
Scroll (SCR) is a Layer 2 solution for Ethereum, aiming to solve the scalability challenges of blockchain while maintaining its security and decentralization.
Scroll uses zkEVM (Zero Knowledge Ethereum Virtual Machine) technology which allows for faster and more efficient transactions on Ethereum while maintaining security and compatibility.
Scroll's ZkEVM allows developers to run Ethereum-compatible smart contracts, providing a seamless transition for dApps while providing a highly scalable environment with low transaction fees.
Here are the key points of Scroll's mission:
Becoming the most secure and reliable Layer 2 solution
Handle large transaction volumes
Reduce gas fees
Ensuring that Ethereum can handle the high demand of global dApps
Additionally, Scroll is the 60th project on Binance Launchpool.
