ICO Drops - ICO News & Alerts

💧Current state of the market in our weekly overview

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Sophon has announced a node sale.

Node sale details:
▫️Node sale launch date: April 30th 2024
▫️200,000 nodes available in a tiered pricing system
▫️No cap on the number of nodes one can purchase
▫️Nodes will be sold on zkSync to minimize spending on gas fees
▫️Nodes are non-transferable for one year post-receipt
▫️Claiming rewards for operating a node on Sophon will trigger a 3 month lock-up period for those rewards

Token economics:
▫️Node Rewards: 20% of the total supply (emitted over 36 months – rewards will be subject to an additional 3 month lock-up period after claim)
▫️Sophon Foundation: 25% of the total supply (subject to 12 months cliff and 36 months vesting)
▫️Seed contributors: 20% of the total supply (subject to 12 months cliff and 24 months vesting)
▫️Advisors: 5% of the total supply (subject to 12 months cliff and 36 months vesting)
▫️Ecosystem Reserve: 30% of the total supply

Sophon is enhancing the entertainment landscape with its modular Layer 2 solution, designed around the zkSync hyperchain and powered by the innovative ZK Stack.

Supported by prominent entities such as Paper Ventures, Maven 11, Matter Labs, Spartan, SevenX, OKX Ventures, and Lambda Class, Sophon has raised $10 million to advance its decentralized infrastructure.

Sophon facilitates the connection between developers and users, backed by a strategic collaboration with ecosystems like zkSync, Beam, Zentry, and Aethir.

https://info.sophon.xyz/
https://twitter.com/sophon/status/1781322027204243712

TON Foundation has allocated more than 11 million Toncoin to reward early adopters of USDT on TON.

▫️5 million Toncoin to Wallet-in-Telegram’s USDt Earn.
▫️5 million Toncoin in boosts for Liquidity Pools across TON’s 2 largest DEXs - Ston.fi and DeDust.
▫️1.2 million Toncoin in free withdrawals across TON’s major Centralized Exchange partners.

https://blog.ton.org/usdt-comes-to-ton-embrace-the-true-peer-to-peer-experience

💧 Recent Funding Rounds Backed by Top Tier Angels

👉 https://dropstab.com/investors

He Yi, the co-founder of Binance, elaborated that CZ's current standing in the US is largely peaceful and past regulatory pressures have been internally anticipated.

https://www.binance.com/en/square/post/2024-04-18-binance-co-founder-he-yi-affirms-a-positive-situation-for-cz-in-us-amid-existing-regulatory-environment-6941064159754

Tether minted $1 billion USDT.

https://whale-alert.io/transaction/ethereum/0xe0b8f18dc741e8957c1a8cc18fc868c505f7585a34804f9b4b95f89e0dbd70a8

Crypto Market Daily Review ☀️

The market is neutral. Market cap is $2.29T. Bitcoin is trading at $61.9K

dropstab | icodrops | twitter | telegram

Israeli missiles have hit a site in Iran.

https://www.reuters.com/world/middle-east/israeli-missiles-hit-site-iran-abc-news-reports-2024-04-19/

Avail has announced the Unification Drop details.

▫️Checker: https://claim.availproject.org/
▫️A total of 354,605 wallet addresses are eligible to receive AVAIL
▫️The 10,000 wallets eligible for an Avail OG NFT
▫️Allocated to the drop: 600 million AVAIL
▫️You can verify your claim until the cut-off date, 23:59 UTC 4th May 2024

https://blog.availproject.org/avails-unification-drop/#rollup-users

JPMorgan CEO Jamie Dimon says Bitcoin is a fraud and a ponzi scheme.

JPMorgan is an authorized participant for BlackRock's Spot Bitcoin ETF.

https://twitter.com/WatcherGuru/status/1780981956655640843

Binance Web3 Wallet will distribute zkLink Nova (ZKL) to users.

Activity Period: 2024/04/18 00:00:00 - 2024/05/01 23:59:59 UTC

https://www.binance.com/en/activity/marketing-campaign/d83c579a778d4f7fb0518030b88202ea

Injective is teaming up with Jambo, a Web3 mobile infrastructure company.

A number of Injective dApps will be available on the JamboPhone, enabling millions of new users to access the Injective ecosystem.

https://x.com/injective/status/1780961007893987627

Aethir introduced Aethir Edge, the hardware component of the Aethir DePIN.

Aethir Edge is Aethir's decentralized solution for pooling GPU power from various idle sources.

https://x.com/aethircloud/status/1780945420123767251

Coinlist: „To retain the Karma you‘ ve earned from the legacy system, simply visit coinlist.co/karma and click on „Claim Legacy Karma“. Please note that any unclaimed Legacy Karma will expire May 15th, 2024 at 23:59 UTC.“

https://coinlist.co/karma

Tether launched four new divisions: Tether Data, Tether Finance, Tether Power, Tether Edu.

1. Tether Data – Strategic Investments in Technology Division
2. Tether Finance – Digital Asset Services Division
3. Tether Power – Sustainable Bitcoin Mining and Energy Division
4. Tether Edu – Digital Education and Advancement Transformation Division

https://tether.io/news/tether-advances-beyond-stablecoins-introduces-new-framework-embracing-core-divisions-to-foster-resilient-future-ready-financial-systems/

Binance is launching Binance Megadrop, a new token launch platform with airdrops and Web3 quests.

The first project to be introduced on Binance Megadrop will be BounceBit (BB), a BTC restaking chain. 

BounceBit Megadrop Details:
Token Name: BounceBit (BB)
Max Token Supply: 2,100,000,000 BB 
Megadrop Token Rewards: 168,000,000 BB (8% of max token supply)
Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply)

https://www.binance.com/en/support/announcement/binance-launches-megadrop-a-token-launch-platform-with-airdrops-and-web3-quests-748b7181f5d14d6fb2add4048374d646

TON will make a big announcement.

https://twitter.com/ton_blockchain/status/1780854274018222361

Binance will support the Stacks (STX) Network Upgrade & Hard Fork.

Starting at approximately 2024-04-22 12:00 UTC, Binance will suspend the deposits and withdrawals of token(s) on the Stacks (STX) network to support its network upgrade and hard fork to ensure the best user experience.

The network upgrade and hard fork will take place at the Bitcoin block height of 840, 360, which is estimated to take place on 2024-04-22.

https://www.binance.info/en/support/announcement/binance-will-support-the-stacks-stx-network-upgrade-hard-fork-adc11cb508b449409503b7fd57c7f9f2