Sidekick recently reinforced its commitment to accuracy, clearly stating that Sidekick coin is not yet available in the market. This clarification from Sidekick helps ensure that the community relies only on verified information, maintaining trust and clarity among its users.

Scam Alert. Source: Sidekick Labs Sidekick Celebrates a Significant Milestone

Sidekick coin has reached a new milestone by registering 500,000 TON addresses within its SideFans feature. This development represents 2.5% of all active TON blockchain addresses as of Sep. 2024.

500k TON Addresses in SideFans. Source: SidekickLabs

Moreover, Sidekick has been featured in Secret3’s latest Project Spotlight, acknowledging its role alongside other Web3 innovators.

Sidekick coin Spotlight in Secret3. Source: Secret3.com

This feature comes as a result of Sidekick’s strategic use of its Affiliate Partner programs. Furthermore, as Sidekick moves forward, it continues to focus on enhancing its integration of gaming, social media, and cryptocurrency, ensuring the platform supports its growing user base effectively.

Overview of Tokenomics

Fundamental Layer: Generating Stable Income

Firstly, Sidekick’s tokenomics begin with the fundamental layer, which generates stable income from commissions, subscriptions, and advertising within the community ecosystem. This foundation supports the token’s value, particularly during market downturns, distinguishing it from less stable economic models.

Internal Market Layer: Trading Organization Tokens

Secondly, in the internal market layer, Sidekick introduces organization tokens that represent the economic potential of online platforms such as Discord servers. These tokens, essential for enhancing community engagement and growth, are actively traded on Sidekick’s blockchain. Moreover, the strategy involves developing a Layer 2 infrastructure within a well-known Layer 1 ecosystem to streamline these transactions.

External Market Layer: Engaging in Public Trading

Thirdly, in the external market layer, Sidekick tokens undergo public trading on peer-to-peer platforms, decentralized exchanges, and centralized exchanges. The trading activity bolsters the tokens’ value, anchored by the total value locked from the internal market based on the solid fundamentals established earlier.

With these technological milestones under its belt, it’s no surprise why Sidekick is also in the position to celebrate a user milestone of 500,000 TON addresses as well.

The post Sidekick: Crypto Milestones and Coin Misinformation Alert appeared first on CoinChapter.