The leading public chain in the Bitcoin ecosystem - Side Protocol, has officially launched the largest airdrop event in the Bitcoin ecosystem - the Genesis Airdrop. This airdrop will distribute a total of 100 million $SIDE tokens, and the distribution will occur in batches according to a three-month linear release plan after the mainnet goes live (scheduled for January, February, and March 2025). The event covers multiple ecosystems such as Bitcoin, Cosmos, and NFTs, aiming to give back to users and communities that support the project while further expanding the ecological influence of Side Protocol.

Airdrop registration information

  • Registration entry: genesis.side.one

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

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

Registration conditions 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.

Genesis Airdrop covered communities and rules

1. Active Bitcoin Users (30% Total Allocation, 300,000,000 $SIDE)

  • Target users: Users who spent more than 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) who stake more 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 six months.

  • Validator reward distribution details will be released in December 2024 on Discord, no additional registration is required.

5. Public Goods Funding (1% Total Allocation, 1,000,000 $SIDE)

  • Supporters of teams in 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)

  • Thank you for participating in the Side Protocol S2 testnet as Insiders. This airdrop is based on the testnet points system, dividing 735,532 addresses into 11 reward tiers, with higher tiers receiving more tokens.

  • This portion of the airdrop is not subject to 'first-come, first-served' rules; 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.

It should be noted that this Genesis Airdrop follows the 'first-come, first-served' principle, and there is a registration quota limit for each category.

  • Early registration will increase the number of tokens available for collection 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 supporting various innovative functions such as Bitcoin-native lending.

#BTC