The leading public chain in the Bitcoin ecosystem - Side Protocol, officially announces the launch of the largest airdrop event within the Bitcoin ecosystem - the Genesis airdrop!

A total of 100 million $SIDE tokens will be distributed in this airdrop, which will take place in batches according to a 3-month linear release plan (scheduled for January, February, and March 2025) after the mainnet launch.

The event covers multiple ecosystems including Bitcoin, Cosmos, NFTs, etc., aimed at giving back to users and communities supporting the project, while further expanding the ecological influence of Side Protocol.

Airdrop registration information

  • Registration entry: side.one

  • Start time: November 26, 2024, at 6:00 PM

  • End time: December 15, 2024, at 6:00 PM

⚠️ Registration requirements are as follows:

  1. Provide a Bitcoin mainnet address (supporting Taproot or Native SegWit format).

  2. Registration will be conducted on a 'first come, first served' basis, with a quota limit for each airdrop category. Unclaimed tokens will be reserved for future airdrop plans.

Community and rules covered by the Genesis airdrop

1. Active Bitcoin users (30% total allocation, 300,000,000 $SIDE)

  • Target users: users who spent over 0.05 BTC on-chain between January 1, 2023, and November 1, 2024.

  • Quota limit: 50,000 active users, allocated from 764,909 eligible addresses filtered from 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) with a stake greater 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 actively participated in the testnet in the past 6 months.

  • Details of the validator reward 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 participating in the Side Protocol S2 testnet. This airdrop is based on the testnet points system, dividing 735,532 addresses into 11 reward tiers, with higher tiers receiving more tokens.

  • This part of the airdrop is not subject to the 'first come, first served' rule, and users can register at any time according to their needs.

7. Social activities and whitelist (5,000,000 $SIDE)

  • Allocated to participants in social activities and whitelisted users collaborating with other platforms, specific details will be announced soon.

Important Reminder

This Genesis airdrop follows a 'first come, first served' principle, with a registration quota limit for each category.

  • Early registration will increase the number of tokens that can be claimed 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 created by the former core team of Chainspace and early members of Binance Labs, fully compatible with the Bitcoin ecosystem and supports multiple innovative features like Bitcoin-native lending.

#BTC #NFT