Airdrop
NFT Marketplace OpenSea Confirms Upcoming SEA Token Airdrop, Expands to Crypto Trading
Published
1 month agoon
By
admin

Popular non-fungible token (NFT) marketplace OpenSea said Thursday that it is expanding its platform to crypto trading and confirmed it is planning to distribute SEA tokens to users.
The trading platform called OS2 has launched today, and aggregates marketplaces, allows cross-chain purchasing and offers lower fees in the beginning, according to the protocol’s press release.
“This represents an expansion of OpenSea from an NFT marketplace to a much broader platform for trading all types of digital assets,” said Devin Finzer, Co-founder and CEO of OpenSea. “We think tokens and NFTs belong together in a single, powerful, delightful experience.”
OpenSea Foundation, the Cayman Islands-based development organization behind the protocol, will also distribute SEA tokens offering utility on the OS2 platform.
While details and date of the airdrop remain undisclosed, OpenSea has confirmed that SEA will recognize both active users and those who have been part of the platform since its early days. US users will be included in the airdrop.
OpenSea has said that SEA’s utility will be focused on long-term engagement rather than short-term speculation.
The platform’s monthly trading volume is down significantly from a $5 billion peak in early 2021, having facilitated trading of $190 million worth of NFTs last month. The platform’s annualized revenue stands at $33 million, according to Dune Analytics data.
Source link
You may like
Bitcoin Correction to $76,000 Likely a Downside Deviation, According to Crypto Analyst – Here’s Why
GameStop Approves Adding Bitcoin To Treasury Reserves
Cboe Exchange Submits Filing to List Fidelity Solana ETF
How Strategy is Redefining Corporate Leverage?
Tokenized Treasuries Hit $5B Milestone as Fidelity Investments Touts RWA Potential as Collateral
Cardano Price Eyes $0.85 as Whales Scoop Up 240 Million ADA
Airdrop
Meteora shares two proposals on MET token allocation
Published
5 days agoon
March 21, 2025By
admin

Meteora, the popular decentralized exchange on Solana, has put forward two proposals for adjusting MET token allocation.
According to Meteora’s Mar. 20 post on X, these changes aim to make liquidity provider rewards fairer, support new token launches, and secure long-term incentives for the team. The first proposal suggests revising the LP Stimulus Plan.
Originally, 10% of the MET supply was set aside to reward liquidity providers, but since the program has been running longer than its expected December 2024 end date, Meteora wants to increase this to 15%. This adjustment ensures that early and new LPs receive rewards without devaluing tokens.
The first two proposals are live on https://t.co/OeTKWfH27W.
These proposals address key community concerns about the LP Stimulus Plan, M3M3 and more.
Watch the community call to see @0xSoju & @0xmiir go through these proposals live.
— Meteora (@MeteoraAG) March 20, 2025
Early contributors will receive 2% of MET under the updated plan, while all LPs will receive 8% equally. The original points multiplier system has been replaced by this. An extra 3% of MET will go to Launch Pools and Launch Pads in order to avoid reward dilution for retail LPs.
The second proposal focuses on the team. Meteora plans to allocate 20% of the MET supply to its team, with a six-year vesting period to maintain long-term commitment. Within this, 2% will go to M3M3 token holders. M3M3 is Meteora’s stake-to-earn platform, which lets users earn fee rewards from permanently locked liquidity pools.
This move follows the mismanagement of M3M3 by its original creators, which led to investor losses. To maintain fairness, the distribution will be based on two snapshots and wallets connected to questionable activity will be blocked.
Meteora has experienced rapid growth in the past few months. According to DeFiLlama data, the platform’s trading volume surged 33 times, from $990 million in December 2024 to $33 billion in January 2025.
Due to its rapid growth, Meteora now holds a 9% market share and is ranked fourth among DEXs by trading volume. While the broader DEX market was on a downturn, Meteora raked in $195 million in monthly fees in February.
Despite its achievements, Meteora is currently facing legal issues that may impact its future. Burwick Law, a New York law firm, filed a class-action lawsuit against Meteora, KIP Protocol, and Kelsier Ventures on Mar. 13. According to the lawsuit, they defrauded retail traders and misled investors by manipulating liquidity during the LIBRA token launch.
Source link
Airdrop
Story Protocol announces launch of public mainnet
Published
1 month agoon
February 13, 2025By
admin
Story Protocol has officially launched its public mainnet following a six month long testnet.
Story Protocol, a layer-1 blockchain, has announced the launched its public mainnet, marking the first-ever global, programmable market for IP. The platform aims to transform the $61 trillion IP asset class by giving IP holders and AI-driven products the tools to manage, trade, and monetize creative assets.
Story Protocol’s launch follows a six-month testnet phase that began with the “Iliad” testnet on August 27, 2024. Now live, its mainnet provides a decentralized platform where IP owners can set up licensing rules and transact without any middlemen.
The network will be secured by the IP token. IP is used for transactions, governance, and creator rewards. IP owners can register and tokenize their work on the blockchain, setting rules for how it can be used, modified, or monetized. Developers can build apps on the network, creating new AI tools, licensing platforms, and IP marketplaces.
IP has debuted with an initial supply of 1 billion tokens. A 30-day rewards portal has been set up to allow testnet participants to claim IP tokens. Staking IP is an option for those who wish to promote network security. The staking phase for the IP, called “Singularity,” kicked off on Feb.1, but rewards will be distributed starting March 2.

Notably, tokens allocated to early backers and core contributors will be locked for one year. Major exchanges like Coinbase, OKX, KuCoin, Bybit, Bitget, and Bithumb have already announced the listing of IP.
Story Protocol raised $140 million from investors such as Samsung Next and a16z. Several IP-focused projects are already building on the network. Aria, one such project, raised $7 million to purchase the rights to Justin Bieber’s song “Peaches” and divide the proceeds among the IP asset’s fractional owners.
Source link
Airdrop
Jupiter Decentralized Exchange to Issue $612M JUP Tokens in Wednesday Airdrop
Published
2 months agoon
January 22, 2025By
admin

Jupiter, a Solana-based decentralized exchange, will airdrop 700 million JUP tokens to its community on Wednesday in what it is calling the “largest airdrop in history.”
The airdrop is a part of the project’s annual “Jupuary” event, which was voted into existence alongside another event in 2026 in a governance vote in December. It is scheduled to start at 15:30 UTC.
Initial concerns were raised about the sustainability of supply increase, prompting the proposal to be amended to include a token audit and burn schedule over the next month.
At the time of writing JUP is trading at $0.87 after sliding by 2% over the past 24 hours. The total value of the airdrop is set to be $612 million.
Source link

Bitcoin Correction to $76,000 Likely a Downside Deviation, According to Crypto Analyst – Here’s Why

GameStop Approves Adding Bitcoin To Treasury Reserves

Cboe Exchange Submits Filing to List Fidelity Solana ETF

How Strategy is Redefining Corporate Leverage?

Tokenized Treasuries Hit $5B Milestone as Fidelity Investments Touts RWA Potential as Collateral

Cardano Price Eyes $0.85 as Whales Scoop Up 240 Million ADA

Dogecoin Price Mirroring This 2017 Pattern Suggests That A Rise To $4 Could Happen

SEC closes investigation into Immutable nearly 5 months after Wells notice

Solana Rises As BlackRock Brings Its $1,700,000,000 Tokenized Treasury Fund to Ethereum Rival’s Chain

BlackRock Launches Bitcoin ETP In Europe

Crypto holds on to Gains, US may reverse Biden BTC sales, Tesla leads bounce

Cardano price could surge to $2 as whale purchases rise

Bitcoin Cash (BCH) Falls 1.9%, Leading Index Lower

Analyst Sets ‘Conservative’ XRP Price Target At $15, What’s Next?

XRP Breakout On Hold? Financial Expert Reveals What’s Missing

Arthur Hayes, Murad’s Prediction For Meme Coins, AI & DeFi Coins For 2025

Expert Sees Bitcoin Dipping To $50K While Bullish Signs Persist

Aptos Leverages Chainlink To Enhance Scalability and Data Access

Bitcoin Could Rally to $80,000 on the Eve of US Elections

Sonic Now ‘Golden Standard’ of Layer-2s After Scaling Transactions to 16,000+ per Second, Says Andre Cronje

Institutional Investors Go All In on Crypto as 57% Plan to Boost Allocations as Bull Run Heats Up, Sygnum Survey Reveals

Crypto’s Big Trump Gamble Is Risky

Ripple-SEC Case Ends, But These 3 Rivals Could Jump 500x

Has The Bitcoin Price Already Peaked?

A16z-backed Espresso announces mainnet launch of core product

Xmas Altcoin Rally Insights by BNM Agent I

Blockchain groups challenge new broker reporting rule

Trump’s Coin Is About As Revolutionary As OneCoin

The Future of Bitcoin: Scaling, Institutional Adoption, and Strategic Reserves with Rich Rines

Is $200,000 a Realistic Bitcoin Price Target for This Cycle?
Trending
- 24/7 Cryptocurrency News5 months ago
Arthur Hayes, Murad’s Prediction For Meme Coins, AI & DeFi Coins For 2025
- Bitcoin2 months ago
Expert Sees Bitcoin Dipping To $50K While Bullish Signs Persist
- 24/7 Cryptocurrency News3 months ago
Aptos Leverages Chainlink To Enhance Scalability and Data Access
- Bitcoin5 months ago
Bitcoin Could Rally to $80,000 on the Eve of US Elections
- Altcoins2 months ago
Sonic Now ‘Golden Standard’ of Layer-2s After Scaling Transactions to 16,000+ per Second, Says Andre Cronje
- Bitcoin4 months ago
Institutional Investors Go All In on Crypto as 57% Plan to Boost Allocations as Bull Run Heats Up, Sygnum Survey Reveals
- Opinion5 months ago
Crypto’s Big Trump Gamble Is Risky
- Price analysis5 months ago
Ripple-SEC Case Ends, But These 3 Rivals Could Jump 500x