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Side Protocol

Basic Information

InformationDetails
Project NameSide Protocol
Project WebsiteSide Protocol
Project DescriptionA fully Bitcoin-compatible Layer 1 blockchain built on CometBFT and the Cosmos SDK.
Project TickerSIDE

Airdrop Details

InformationDetails
Airdrop TypeHolder/ nft
Total Airdrop Amount100,000,000 SIDE tokens
Number of Eligible Users764,909 Bitcoin addresses identified in the snapshot (only Bitcoin category mentioned)
Number of ClaimantsNot Known

Timeline

EventDate
Blockchain SnapshotNovember 1, 2024 (for Bitcoin users), November 2, 2024 (for ATOM stakers)
Claiming StartedNovember 26, 2024, 10:00 AM UTC
Claiming EndsDecember 15, 2024, 10:00 AM UTC

Token Distribution

DistributionAmount
MaximumNot Known
Median/AverageNot Known
Minimum600 SIDE (for eligible Bitcoin users)

Eligibility Criteria

Bitcoin Active Users

  • Must have spent over 0.005 BTC in network fees between January 1, 2023 – November 1, 2024.
  • 30% of the total Genesis Drop allocated.
  • Cap: 50,000 claimable addresses out of 764,909 eligible.
  • Each address can claim 600 SIDE tokens.

NFT Communities

  • 10.50% of the airdrop allocated.
  • Covers NFT holders across Bitcoin, Cosmos, Solana, and Ethereum ecosystems.
NFT CollectionTotal Allocation% of Genesis DropRegistration CapClaimable / Address
Pudgy Penguins1,000,000 SIDE1.00%2005,000 SIDE
Milady1,000,000 SIDE1.00%2504,000 SIDE
Mad Lads1,000,000 SIDE1.00%4002,500 SIDE
Bitcoin Puppets1,000,000 SIDE1.00%2504,000 SIDE
NodeMonkes1,000,000 SIDE1.00%2005,000 SIDE
Ordinal Maxi Biz500,000 SIDE0.50%2002,500 SIDE
Bitcoin Frog500,000 SIDE0.50%5001,000 SIDE
Pizza Ninjas500,000 SIDE0.50%2002,500 SIDE
Quantum Cats500,000 SIDE0.50%1005,000 SIDE
Ruestone1,000,000 SIDE1.00%6,000167 SIDE
Bad Kids1,500,000 SIDE1.50%1,5001,000 SIDE
Celeste Sloth1,000,000 SIDE1.00%1,0001,000 SIDE

ATOM Stakers

  • 15% of the total Genesis Drop allocated (1.5% of total supply).
  • Includes ATOM stakers and Hydro users.
  • Snapshot taken on November 2, 2024.
Staking RequirementTotal Allocation% of Genesis DropRegistration CapClaimable / Address
Stake > 259.9 ATOM2,625,000 SIDE2.63%3,500750 SIDE
Stake > 50.05 ATOM7,500,000 SIDE7.50%45,000167 SIDE
Stake > 15 ATOM4,875,000 SIDE4.88%75,00065 SIDE

Other Categories

CategoryTotal Allocation% of Genesis DropRegistration CapClaimable / Address
Validators6,000,000 SIDE6.00%--
Side Bridge Operators500,000 SIDE0.50%--
Public Goods Funding1,000,000 SIDE1.00%1,0001,000 SIDE
Testnet Insiders32,000,000 SIDE32.00%--
Social Campaign5,000,000 SIDE5.00%--

Testnet Insiders

  • 32,000,000 SIDE allocated.
  • 735,532 testnet addresses, with 83,582 submitting Bitcoin addresses.
  • Eligible users categorized into 11 tiers based on SIDE Points.
  • No first-come, first-served rule for Insiders.

Social Campaign

  • 5 million SIDE allocated for a whitelist airdrop through social campaigns and collaborations.

Additional Information

  • First-Come, First-Served (FCFS) registration model with caps per category.
  • Unclaimed tokens in a category are redistributed to other claimants within the same category.
  • Genesis Drop tokens will only be claimable after the mainnet launch in January 2025.
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