Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • BLOG
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • BLOG
No Result
View All Result
Invest In Crypto News
No Result
View All Result

Sei Community Airdrop: 27 Million SEI Tokens Distributed to Active Users

CryptoExpert by CryptoExpert
May 30, 2024
in Blockchain News
0
Understanding Consensus Protocols: A Comparative Study of PBFT and BBCA-Chain by Chainlink (LINK)
  • Facebook
  • Twitter
  • Pinterest


You might also like

Animoca Brands’ Moca Chain Takes Aim at Digital Identity

PLTR Price Prediction: Momentum Stalls at $188 Resistance — Is a $195–$210 Breakout or a $175 Flush Next?

Petrobras Tests Cardano for Renewable Fuel Traceability






Sei, the blockchain platform known for its high performance and parallelized EVM, has announced the distribution of 27,421,200 SEI tokens through its second airdrop. The event targets 43,052 unique addresses, rewarding those who have been actively participating in the Sei ecosystem since its Pacific-1 Mainnet launch.

Background

Since the launch of Sei’s Pacific-1 Mainnet last August, over 100,000 addresses have played a crucial role in securing the network by delegating their voting power. This participation has fostered a thriving economy, with primary activities revolving around the exchange and creation of NFTs. To date, the platform has seen half a million individual NFT purchases, generating tens of millions of SEI in volume.

Sei v2, the latest iteration, further enhances the platform by introducing the first highly performant, parallelized EVM blockchain. This new scaling approach is designed to bolster the Ethereum ecosystem, offering the fastest time to finality of any blockchain currently available.

How the Airdrop Works

The Sei Foundation’s second airdrop focuses on rewarding active users and participants within the Sei ecosystem. Eligible users can check if their wallet addresses qualify by visiting the airdrop app. If eligible, users must connect their wallets and agree to the terms of use to receive their tokens. The deadline for this process is aligned with the commencement of “Phase 3” of the Sei v2 launch, which is scheduled in the coming weeks.

Tokenmetrics

Importantly, the Foundation has cautioned users that no further interactions are required once eligibility is confirmed. Tokens will be sent directly to eligible addresses at the start of Phase 3. Users are advised to ignore any websites claiming to assist in token claims.

Airdrop #2 Allocations

The allocation for Airdrop #2 is designed to reward users based on their involvement in staking, liquid staking, and participation in top NFT communities. Points were assigned based on specific criteria, with snapshots taken on key dates to determine eligibility. Notably, addresses with excessive holdings were excluded to maintain fairness.

Specifically, the criteria included:

Staking up to 2,000,000 SEI
Holding up to 2,000,000 liquid staked SEI tokens
Owning up to 150 NFTs from the top 8 collections by volume

Sei core contributors and wallets associated with the Sei Foundation or Labs are not eligible to participate in this airdrop. The Foundation has emphasized that this distribution is exclusively for the Sei community members who have actively engaged with the platform.

Users are encouraged to participate in the ecosystem by building on Sei, exploring various projects, or engaging with the community on platforms like Discord.

The official Sei Twitter account will announce the start of Phase 3 and the distribution of tokens. Eligible users must ensure they agree to the terms on the airdrop app to receive their SEI tokens from the Foundation.

For further details on the Sei Community Airdrop, visit the original announcement.

Image source: Shutterstock

. . .

Tags



Source link

  • Facebook
  • Twitter
  • Pinterest
Tags: Ethereum
CryptoExpert

CryptoExpert

Recommended For You

Animoca Brands’ Moca Chain Takes Aim at Digital Identity

by CryptoExpert
October 1, 2026
0
Animoca Brands' Moca Chain Takes Aim at Digital Identity

Key TakeawaysMoca Foundation and Moca Network launched the Moca Chain mainnet to manage decentralized digital identities.The launch addresses growing privacy risks caused by $100B+ in annual data custody...

Read more

PLTR Price Prediction: Momentum Stalls at $188 Resistance — Is a $195–$210 Breakout or a $175 Flush Next?

by CryptoExpert
October 1, 2026
0
PLTR Price Prediction: Blowout Earnings Meet Overbought Technicals — Brace for a $165–$195 Decision Point

Iris Coleman Sep 30, 2026 13:30 UTC PLTR is coiling at a critical technical crossroads, trading at $186.56 with shorts slightly dominant and MACD...

Read more

Petrobras Tests Cardano for Renewable Fuel Traceability

by CryptoExpert
September 30, 2026
0
Cointelegraph

Brazilian state-controlled oil company Petrobras has developed two blockchain applications using Cardano to track sustainability data for sustainable aviation fuel (SAF) and its Diesel R renewable fuel.According to...

Read more

Soneium Brings K-Pop IP to Blockchain Ecosystem With Dayonedream

by CryptoExpert
September 30, 2026
0
Soneium Brings K-Pop IP to Blockchain Ecosystem With Dayonedream

Key TakeawaysSony-backed Soneium partners with Dayonedream to tokenize K-pop intellectual property.WAVIST platform connects entertainment assets to financial rails after fulfilling a tokenized bond in May 2026.The 2 companies...

Read more

New Stablecoin verUSD Launches With $100M In Institutional Commitments

by CryptoExpert
September 30, 2026
0
stablecoin, TOTAL

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR Verona has launched verUSD, a dollar-denominated stablecoin designed around payments made by AI agents....

Read more
Next Post
Altcoins

Altcoin Season Looms: Ethereum’s Development Paves The Way, Here's How

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • BLOG

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 83,521.00
ethereum
Ethereum (ETH) $ 2,685.49
tether
Tether (USDT) $ 0.999788
bnb
BNB (BNB) $ 767.69
xrp
XRP (XRP) $ 1.48
usd-coin
USDC (USDC) $ 0.999918
solana
Solana (SOL) $ 117.04
tron
TRON (TRX) $ 0.332719
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?