ChainCatcher news, the Bitcoin public chain Side Protocol announced that it will launch The Last One public fundraising plan on November 26, 2024. This event will officially start 4 hours before the airdrop registration (Beijing time at 2 PM on the 26th) and will last for 7 days.Event highlights: The Last One countdown reward mechanismPhase 1: Each transaction purchasing more than 1,000 SIDE tokens will trigger a 10-minute countdown. If no one purchases by the end of the countdown, the buyer will directly win a reward of 1,000,000 SIDE; if other users purchase during the countdown, the timer will reset until a winner is determined.Phase 2: The second phase is the last 10 minutes of the LBP. At this time, the last participant who purchases at least 50,000 SIDE tokens will directly receive a reward of 1,000,000 SIDE.Event rules and reward pool:The total reward pool for this event is up to 3,000,000 SIDE, with a maximum of 3 lucky winners.SIDE tokens are issued based on the Solana chain, and users can convert them into native tokens after the mainnet launch in January 2025.LBP public fundraising information:The Last One event will officially start at 8 AM on November 26 on the Fjord Foundry platform.Click link to participate in the event.

ChainCatcher news, the details of the Genesis airdrop for the Bitcoin financial public chain Side Protocol have been announced. 100 million SIDE tokens will be distributed to eligible users, including:Active Bitcoin users (network spending greater than 0.005 BTC)NFT communities: Pudgy Penguins, Milady, Mad Lads, Bitcoin Puppets, NodeMonkes, Ordinal Maxi Biz, Bitcoin Frogs, Pizza Ninja, Quantum Cats, Runestone, Bad Kids, Celestine SlothATOM stakers and public goodsTestnet points users, etc.Airdrop registration will officially start at 18:00 Beijing time on November 26, 2024. The event will adopt a first-come, first-served mechanism, with generous rewards for individual addresses, and it is completely free to claim without any staking operation. Users can check the airdrop through the genesis.side.one website.It is reported that Side Protocol was created by former members of the Chainspace core team in collaboration with early members of Binance Labs. This is a high-performance L1 public chain that is fully compatible with Bitcoin, supporting various innovative products such as native Bitcoin lending.

ChainCatcher message, the Bitcoin native application chain Side Protocol, founded by crypto gang member Dave Hrycyszyn, officially announces its tokenomics, with a total supply of 1 billion SIDE tokens, distributed as follows:Ecosystem Reserve: 20%Team: 18%Community Treasury: 17%Public Sale: 15%Private Sale: 13%Genesis Airdrop: 10%Liquidity: 7%Among them, 100 million tokens from the Genesis Airdrop will be distributed to active Bitcoin users, the NFT community (including Bitcoin NFTs), the Cosmos community, and testnet users. The snapshot has been completed and will be announced later this week. It is recommended to follow the official X account for close updates.

ChainCatcher news, according to The Block, Cosmos ecosystem interoperability financial protocol Side Protocol's parent company Side Labs has completed a $1.5 million pre-seed funding round, with participation from Hashkey Capital, KR1, Continue Capital, Symbolic Capital, Informal Systems, Dora Ventures, Charles Lu, Harry Halpin, Eric Chen, Mirza Uddin, Siddhartha Dutta, and Vincent Niu.It is reported that the new funds will be used to expand its team and ensure compliance with legal and regulatory standards, while establishing a mesh liquidity network aimed at eliminating bridges and intermediary tokens for cross-chain asset exchanges through liquidity center networks. (source link)