#airdrop

A user ambitiously created 21,877 wallets, engineering activity on zkSync with the lure of a potential retroactive airdrop in sight.

Srettha Thavisin became the Prime Minister of Thailand and continued to discuss the idea of an airdrop for all citizens of the country over the age of sixteen. Under the preliminary terms, each individual will receive 10,000 Thai baht (approximately $300) in a national token and will be able to spend it within a four-kilometer radius of their residence. The initiative has not yet received approval among politicians, as its cost is estimated at $14.3 billion, and financiers have questioned the feasibility of using blockchain for such campaigns. Apparently, the promises about airdrop was not unnecessary for victory!

Stated to be a staggering 10 times faster than Solana, the network accomplishes transaction finality in just 250 milliseconds. Trading of the blockchain's native token (SEI) has started on different centralized exchanges, and it's now valued at approximately $0.19. There's also news of an airdrop, but claiming will be permitted only after the "initial warm-up period." The time frame for this warm-up has not yet been revealed.

CryptoQuant data indicates that there's been a 99% decrease in the number of active addresses, along with a 98% drop in transaction volume. The majority of airdrop recipients (95% of them) opted to sell their tokens, with a significant 80% getting rid of their tokens entirely.

After launching its new token, NEXT, Connext experienced a Sybil attack during the airdrop phase. A perpetrator managed to acquire $38,000 in tokens, which were earmarked for genuine users. Notably, Connext is a protocol built for the secure transfer of both assets and data across different networks. Interestingly, the project’s prior efforts to implement an anti-Sybil program proved to be ineffective in preventing the hacking attempt.

The Sei team has initiated token claims for those who participated in the testnet early on. However, the meager bonuses received have left many reevaluating their decision to engage in future airdrops, especially for Tier-2 or Tier-3 projects. Rewards were disappointingly scant, with most individuals earning only a nominal amount for blockchain testing. The SEI token price decreased by 20%, possibly attributed to either the overnight downturn in the crypto market or the airdrop itself. P.S.:To claim your tokens, the Compass wallet is essential, and some regions might require a VPN.

Get ready, crypto fans, because in just two days, WhiteBIT is about to make a major announcement regarding the release of their mainnet, WB Network! The blockchain explorer is already up and running, allowing you to keep track of the countdown to the launch. Also, good news for participants in the testing phase — the developers have confirmed a retroactive airdrop for you! Once the release is live, you'll be eligible to receive the airdrop.