Briefly
Solana Cell will conduct its SKR token airdrop on January 20.
The preliminary airdrop will present 20% of the provision, or 2 billion SKR tokens, to Seeker telephone customers and app builders.
Customers of the sooner Solana Saga smartphone are usually not eligible for the SKR airdrop.
Solana Cell will airdrop its new SKR token to Seeker smartphone customers and builders in its cellular ecosystem on January 20, it introduced on Wednesday. Nonetheless, customers of the sooner Solana Saga telephone will not be eligible for the brand new token drop, a Solana Cell rep confirmed to Decrypt.
Whereas an official X put up from Solana Cell mentioned the airdrop will happen on January 21 within the UTC time zone, a screenshot within the thread exhibits that the airdrop declare will happen at 9pm ET on January 20.
The airdrop will grant 20% or 2 billion unlocked SKR tokens to holders of the second technology Solana Cell phone, the Seeker, and builders of functions for the crypto-focused cellular machine. General, 30% of the entire 10 billion SKR tokens have been put aside for airdrop incentives.
“SKR will give all the individuals who have gotten us thus far the chance to affect the success of this platform: who can take part, what guidelines they comply with, and what financial flows hold it going,” Solana Cell GM Emmett Hollyer posted on X. “This airdrop is step one.”
Further particulars concerning the airdrop declare and allocation course of are anticipated within the close to future, however the cellular arm of the speedy layer-1 community mentioned {that a} snapshot of exercise on Seeker gadgets has already been taken prematurely of the token launch.
That exercise has spanned greater than 9 million transactions and $2.6 billion in transactional quantity as a part of “Seeker Season 1” since gadgets began delivery globally in August. Season 2 started on Wednesday, with extra particulars anticipated concerning the season on Thursday.
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Past the airdropped tokens, a further 2.7 billion SKR, or 27% of the entire provide, can be unlocked in the course of the token technology occasion on January 20—1 billion tokens every for liquidity and the neighborhood treasury, and 700 million for progress and partnerships. An extra 1.8 billion SKR will unlock linearly to assist progress initiatives sooner or later, in response to the tokenomics breakdown.
“Our plans haven’t modified: we’re constructing the best, most safe strategy to take part in web capital markets from the supercomputer in your pocket,” Hollyer posted. “SKR is a essential step on the trail to an open ecosystem that can deliver on extra gadgets, extra builders, and extra customers.”
Greater than 150,000 Seeker gadgets have been pre-ordered by crypto customers following the rollout of Solana Cell’s first-generation Android machine, the Solana Saga. The Seeker sells for $500.
The Saga, which generated buzz for the frenzy of airdrops connected to the telephone, misplaced assist for software program updates and safety patches in October. That lack of assist additionally applies to the SKR airdrop.
“Saga customers is not going to be accounted for within the SKR airdrop,” a rep advised Decrypt.
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