According to BlockBeats, on July 11, the Fantom Foundation announced that it had distributed sFTMx rewards to the winners of the first round of Meme Season. The total prize money was approximately US$500,000, of which 80% was awarded to holders.

Previously on July 9, the Fantom Foundation announced the list of winning projects for the first round of Meme Season, with HOOPS in first place, THC in second place, and sGOAT in third place.