Home Sei Foundation Announces 27 mn SEI Token Airdrop After Major v2 Upgrade

Sei Foundation Announces 27 mn SEI Token Airdrop After Major v2 Upgrade

Share
Share

Sei Foundation Announces 27 mn SEI Token Airdrop After Major v2 Upgrade

The Sei Foundation has announced the distribution of over 27 million SEI tokens following the successful v2 upgrade of its Mainnet ecosystem. The airdrop aims to reward active participation in the ecosystem since the Pacific-1 Mainnet launch.

The Pacific-1 Mainnet has seen a surge in NFT trading, with users making half a million purchases and generating tens of millions of SEI in volume.

The airdrop will distribute over 27 million tokens to 43,052 addresses, focusing on active usage and participation.

Addresses holding over 2 mn SEI or more than 150 NFTs from top collections are excluded. The foundation has taken steps to ensure a more equitable distribution, addressing previous criticism.

Sei v2, the first parallelized Ethereum Virtual Machine (EVM) blockchain, is now live on Mainnet beta, offering sub-second transaction finality and advanced features like parallelized execution.

Share

Latest News

News
Cardano Hit by AI-crafted Exploit, Leading To Temporary Network Split | 3verseTV

Cardano Hit by AI-crafted Exploit, Leading To Temporary Network Split

Cardano experienced a brief chain split after an attacker used an AI-generated script to exploit a known bug, causing newer and older...

News
LeverageShares To Launch Europe’s First 3x Bitcoin & Ether ETFs | 3verseTV

LeverageShares To Launch Europe’s First 3x Bitcoin & Ether ETFs

LeverageShares will launch Europe’s first 3x and –3x bitcoin and ether ETFs next week on Switzerland’s SIX exchange. The lineup includes four...

News
Franklin Templeton’s XRP ETF Secures NYSE Listing Approval | 3verseTV

Franklin Templeton’s XRP ETF Secures NYSE Listing Approval

Franklin Templeton’s XRP ETF has received listing approval from NYSE Arca, bringing it closer to launch. The Franklin XRP Trust will trade...

News
NYSE Approves Grayscale DOGE & XRP ETFs | 3verseTV

NYSE Approves Grayscale DOGE & XRP ETFs, Clearing Launch For Today

The New York Stock Exchange has approved the listing of Grayscale’s Dogecoin and XRP ETFs, clearing the way for both to launch...

Latest Blogs

What the Future of DeFi Looks Like: DeFi 2.0, Interoperability & Beyond?

The financial sector underwent a significant transformation through Decentralised Finance (DeFi) which began as peer-to-peer experimentation before developing into a multi-chain system...

The Hidden Risks Behind the Digital-Asset Treasury Boom

Since Strategy (formerly MicroStrategy) restructured its business model to focus on acquiring Bitcoin in August 2020 as its primary reserve asset, digital...

Why Layer-2 Blockchain Tech is Key to Crypto Future?

What is Layer-2 Blockchain Technology? The blockchain technology sector faces increasing competition because developers work to create speedier transaction systems and user-friendly...

Ethereum Fusaka Upgrade Set For December 3: What It Means For ETH

Ethereum is bracing up for one of its most ambitious protocol upgrades yet in the ecosystem’s history, with the Fusaka Upgrade scheduled...

Related Articles

What the Future of DeFi Looks Like: DeFi 2.0, Interoperability & Beyond?

The financial sector underwent a significant transformation through Decentralised Finance (DeFi) which...

The Hidden Risks Behind the Digital-Asset Treasury Boom

Since Strategy (formerly MicroStrategy) restructured its business model to focus on acquiring...

Why Layer-2 Blockchain Tech is Key to Crypto Future?

What is Layer-2 Blockchain Technology? The blockchain technology sector faces increasing competition...

Ethereum Fusaka Upgrade Set For December 3: What It Means For ETH

Ethereum is bracing up for one of its most ambitious protocol upgrades...