Markets

Sui Airdrop rumors have been swirling in the lead-up to its Mainnet launch

Rekt Fencer, a crypto influencer and maker of X DAO, recently teased Sui airdrop on Twitter. However, others in the crypto community say Fencer’s claims are nonsense.

Adeniyi Abiodun of Mysten Lab responded by denying reports of any Sui airdrops while previously acknowledging user “bounties” in a Twitter Spaces discussion.

Does a SUI airdrop happen?

Fencer asserts that Sui’s airdrops may outpace its main competitor, Aptos. The cryptocurrency influencer research was based on the fact that SUI raised $336 million from major venture capital firms while Aptos raised $350 million in total.

swordsman notice“(Aptos) took down $20 million from APT on the list ($160 million).”

Fencer expects that 20% of the offering will be made to early shareholders because SUI needs to differentiate itself from its technology competitors and raise similar funds.

Although the current airdrop plans were to rejectSui airdrops are not out of the question, especially given that airdrops have the potential to drive mass adoption and network traffic. This may be a network stress test before the main network is deployed.

To be selected for the airdrop, Fencer advises joining the project’s newly formed ambassador program while minting and collecting NFTs. The program supports the organization’s content production, community interaction, and creative projects.

Meanwhile, Abiodon answered to the thread by saying, “Stop spreading shit. There is no normal airdrop. It is not planned or ever will be.”

Another user quickly pointed to Abiodun’s recent discussion exchange on Twitter Spaces. Abiodun said in the chat that he selected several community members who will receive deeply discounted admission to the Community Access Program for members outside the United States. The CEO stated that alternative bonuses were being planned for US citizens.

A second Twitter user hinted that it was about “cultivating engagement.” Sui announced its premium distribution in December last year. At the time, it was said that Sui enthusiasts could purchase them directly through the Community Access Program without participating in the Foundation’s software.

Airdrop for sharing and adoption

Sui is introduced as the first permissionless layer-one blockchain, allowing developers and producers to build experiences that include instant finalization, cheap costs, and horizontal scalability.

SUI code distribution plan has been released in December 2022

Last week’s reports male The SUI Foundation has allocated a 6% airdrop mechanism for its token.

Notably, this announcement comes after Arbitrum dropped Ethereum in March worth 1.1 billion ARB tokens to 625,000 wallets. Meanwhile, many rumors are circulating that an upgrade of OpenSea Pro may involve airdrops, such as Blur.

Meanwhile, the Sui platform recently confirmed that at least 80 projects can be set up on its network.

Disclaimer

Adhering to the Trust Project’s guidelines, BeInCrypto is committed to providing unbiased and transparent reporting. This news article aims to provide accurate and timely information. However, readers are advised to independently check the facts and consult with a professional before making any decisions based on this content.

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