About Airdrop
Side Protocol is an innovative extension layer for Bitcoin, designed to facilitate the development of non-custodial applications. With a vision to onboard billions of users, Side Protocol positions Bitcoin as the ultimate global currency. This groundbreaking platform enables users to harness the power of Bitcoin beyond simple transactions. This is paving the way for a new era of smart contract functionality directly on Bitcoin. Side Protocol strives to make Bitcoin a central player in the global financial system. Its groundbreaking features aim to bring scalability, privacy, and accessibility to Bitcoin, ensuring a seamless user experience.
It’s also a leverages state-of-the-art Bitcoin security technologies, including Schnorr-based adaptor signatures, HTLCs, Taproot, and threshold signing. By combining these with Discreet Log Contracts (DLCs) and secure distributed oracles, it introduces Scriptless Scripts, a mechanism that enables Bitcoin to achieve smart contract-like capabilities without modifying its core opcodes. This approach ensures high security and compatibility while unlocking innovative possibilities for decentralized applications.
The Side Protocol Genesis Drop is a first-of-its-kind airdrop campaign aimed at rewarding Bitcoin enthusiasts and early adopters of decentralized technologies. This airdrop focuses on recognizing active participants in the Bitcoin ecosystem and contributors to its community. Scheduled to start on November 26, 2024, at 10:00 AM UTC, the Genesis Drop features a first-come, first-serve registration process, highlighting the importance of early engagement.
Step-by-step guide
Eligibility Criteria for the Genesis Drop:
Visit the Eligibility checking page.
Bitcoin Active Users:
Users who spent over 0.005 BTC on the Bitcoin network between January 1, 2023, and November 1, 2024, are eligible.
A maximum of 50,000 participants will be selected from a pool of 764,909 eligible users.
NFT Communities:
Members of prominent NFT communities, such as Bitcoin Puppets, Ordinal Maxi Biz, Milady Maker, and Mad Lads, across Bitcoin, Ethereum, Cosmos, and Solana ecosystems, qualify for the airdrop.
ATOM stakers and individuals contributing to public goods through platforms like Dorahacks are included.
Community members who participated in the Side Protocol S2 incentivized testnet enjoy automatic eligibility, bypassing the first-come, first-serve rule.
[ For more information about Side Protocol Token Airdrop, visit HERE]
You can read more about this event here: https://freecoins24.io/airdrops/side-protocol-genesis-airdrop/