Side Protocol, the leading public chain in the Bitcoin ecosystem, officially announced the launch of the largest airdrop event in the Bitcoin ecosystem - the Genesis Airdrop!

A total of 100 million $SIDE tokens will be distributed in this airdrop. The airdrop will be carried out in batches according to a 3-month linear release plan after the mainnet is launched (in January, February and March 2025).

The event covers multiple ecosystems including Bitcoin, Cosmos, NFT, etc., aiming to give back to users and communities who support the projects, while further expanding the ecological influence of Side Protocol.

Airdrop Registration Information

  • Registration entrance: genesis.side.one

  • Start time: 6:00 p.m., November 26, 2024

  • End time: 6:00 p.m., December 15, 2024

The registration conditions are as follows:

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

  2. Registration is on a first-come, first-served basis, with a cap for each airdrop category. Unclaimed tokens will be reserved for future airdrops.

Communities and rules covered by the Genesis Airdrop

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

  • Target users: Users with on-chain spending exceeding 0.005 BTC between January 1, 2023 and November 1, 2024.

  • Maximum number of users: 50,000 active users, allocated from 764,909 eligible addresses screened from the Bitcoin network.

2. NFT Community (10.5% total allocation, 10,500,000 $SIDE)

  • Pudgy Penguins

  • Milady

  • Food Lads

  • Bitcoin Puppets

  • NodeMonkes

  • Ordinal Maxi Biz

  • Bitcoin Frog

  • Pizza Ninja

  • Quantum Cats

  • Runestone

  • Bad Kids

  • Celestine Sloth

3. ATOM Stakers (15% of 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 have actively participated in the testnet in the past 6 months.

  • Details of validator reward distribution will be released on Discord in December 2024, without the need for additional registration.

5. Public Goods Funding (1% of total allocation, $1,000,000 SIDE)

  • Donors who supported the team through the AEZ Public Goods Quadratic Funding Round on the DoraHacks platform;

  • Voters who participated in the AEZ MACI voting round on the DoraHacks platform;

  • Users staking $DORA on Dora Factory’s mainnet Dora Vota

6. Testnet Insiders (32,000,000 $SIDE)

  • Thanks to the Insiders who participated in the Side Protocol S2 testnet. This airdrop is based on the testnet points system, dividing 735,532 addresses into 11 reward levels, with higher levels 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 Whitelisting (5,000,000 $SIDE)

  • Assigned to whitelisted users who participate in social events and collaborate with other platforms, details of which will be announced soon.

Important Notice

This Genesis Airdrop follows the principle of "first come, first served", and there is a maximum number of registrations for each category.

  • Early registration will increase the number of tokens available and reward core community members who actively follow project updates.

  • Unclaimed tokens will be redistributed to users who have already claimed them to increase their rewards.

It is reported that Side Protocol is a high-performance L1 public chain jointly created by the former Chainspace core team and early members of Binance Labs. It is fully compatible with the Bitcoin ecosystem and supports a number of innovative functions such as Bitcoin native lending.

#BTC