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solana layer two sonic airdrops tokens to tiktok users for gaming

Solana's layer-2 network, Sonic, plans to airdrop SONIC tokens to TikTok users participating in its social media blockchain game, SonicX. With over 2 million users onboarded without the need for external wallets or gas fees, Sonic aims to leverage TikTok's vast audience, which is projected to exceed 2 billion by 2029. However, similar projects have seen a significant drop in user activity following token distributions, raising concerns about the sustainability of such initiatives.
crypto.news
Solana USD Conor Grogan Laura Shine Mudit Gupta Show more
Technology & Innovation, Social Media Post
20:12 23.12.2024

Eigen Foundation commits 1 percent of EIGEN tokens to support Ethereum R&D

The Eigen Foundation has pledged 1% of its EIGEN token supply to the Protocol Guild, supporting Ethereum Layer 1 R&D and enhancing the network's decentralized security. This initiative aligns with EigenLayer's mission to foster sustainable incentives for Ethereum's maintainers amid recent security breaches, including a $5.7 million hack and a phishing scam targeting users.
CryptoPotato
Sreeram Kannan Mudit Gupta
Cryptocurrency News, Press Release
10:34 13.12.2024
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