Wondering how to claim ZKSync airdrop? Don’t miss out on the highly anticipated ZKSync token airdrop, distributing 3.7 billion tokens valued at $0.66 each.
Matter Labs, the founders behind layer-2 blockchain ZKSync, are finally debuting their token, with 17.5% of ZK’s 21 billion tokens being airdropped next week, a move that will make more than a few people rich.
With nearly 3.7 billion tokens dropping and valued at $0.66 each, this $2.5 billion airdrop dwarfs ZKsync Era’s current $815 million TVL. Here’s how it will go down.
.@zksync faces backlash for its token airdrop amid claims of poor anti-Sybil measures.
Is this a lesson for future airdrops in the crypto space? pic.twitter.com/cghWLeHVKw
— Cointelegraph (@Cointelegraph) June 12, 2024
Distribution Details for ZKSync Airdrop
The distribution plan is designed to reward active users and contributors:
- 89% of the airdrop will go to ZKsync users with certain activity thresholds.
- 11% will be allocated to ecosystem contributors, including:
- zkSync native projects (5.8%)
- On-chain communities (2.8%)
- Builders (2.4%)
To promote fairness, each address will be limited to receiving 100,000 tokens to prevent the influence of wealthy traders, known as “whales.”
Looking Beyond the ZKSync Airdrop and Controversy
In the ZK token rollout, Matter Labs staff are set for 16.1%, and investors claim 17.2%. The catch is these tokens will be in lockdown for a year, with a slow release over the following three months.
“Awarding more tokens in the airdrop than to the Matter Labs team and investors is more than a symbolic decision for the community,”Matter Labs stated in its press release.
Earlier this year Matter Labs received significant backlash when they tried to corner ‘ZK’ with a trademark, triggering outrage from rival layer-2 networks.
After the uproar, they canceled the application, which was meant to prevent confusingly similar projects.
ZKSync Price Prediction
Amid short-term market uncertainties, Matter Labs maintains a long-term bullish outlook.
Anticipating the ETH spot ETF rollout and political posturing from Biden and Trump, the firm expects crypto to gain traction. 99Bitcoin’s analysts project that ZkSync, buoyed by its limited supply, might hit between $0.031135 and $0.147159 next year, marking a 372.43% rise.
99Bitcoins Token Launches Viral Alternative: Revolutionizing Crypto Education
With all eyes on Matter Labs’ ZK token airdrop, 99Bitcoins is quietly shaking things up with our 99BTC token.
Our ‘Learn-to-Earn’ model turns crypto education into a game, rewarding users who complete courses and quizzes on blockchain and DeFi. It’s not just an airdrop—it’s an incentive to learn
99Bitcoins Token turns crypto education into an addictive game.
Boasting annual yields of 820% and 1.3 billion 99BTC tokens pledged after presale, 99Bitcoins is starting strong.
The 99BTC token will initially be Ethereum’s ERC-20, but it will move to the BRC-20 protocol, blending Ethereum’s innovation with Bitcoin’s security. This year, the presale pulled in over $2 million, cementing its place among top launches.
Check Out the 99Bitcoins Token Presale
EXPLORE: FOMC Meeting Triggers Major Bitcoin Volatility – Here’s What You Need to Know
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
