Side Protocol ($SIDE) Token Airdrop Information
SIDE Protocol ($SIDE) is an extension layer of Bitcoin designed to enable the next generation of non-custodial applications within the Bitcoin-centric Internet by leveraging advanced Bitcoin security technologies and decentralized on-chain banking infrastructure. Their Genesis Drop has been confirmed and will be released soon! The following is the Side Protocol ($SIDE) token airdrop guide.
Check out our step-by-step guide.
What is the Side Protocol ($SIDE)?
SIDE Protocol ($SIDE) is an extension layer for Bitcoin designed to enable the next generation of non-custodial applications within the Bitcoin-centric Internet. Key features include:
- Decentralized On-Chain Banking: Introducing the first decentralized on-chain banking infrastructure that positions Bitcoin as a global currency.
- Advanced Bitcoin Security Technologies: Leverage Schnorr-based adapter signing, HTLC, Taproot, and threshold signing integrated with Discreet Log Contracts (DLC) and secure distributed oracles.
- script without script: Provides smart contract-like functionality to Bitcoin without the need to change Bitcoin’s basic operation code.
- interoperability: Use multiple cross-chain messaging layers to gain ecosystem-wide access to assets across various networks.
- scalability: Enables developers to easily deploy applications, supports infinite scalability and fosters the next generation of consumer applications for Web3 and beyond.
How do I receive the Side Protocol ($SIDE) token airdrop?
Time needed: 10 minutes
Here’s how to receive a potential Side Protocol ($SIDE) token airdrop:
- Get Bitcoin Address
To participate in the potential Side Protocol ($SIDE) token airdrop, you will need a Bitcoin mainnet address (e.g. Taproot or Native SegWit).
- Check eligibility
To qualify for the Side Protocol ($SIDE) token airdrop, you must fall into one of the eligible categories. Categories include Bitcoin active users, NFT community members, ATOM stakers, validators and bridge operators, public good contributors, and testnet insiders. Specific requirements are listed here.
- Register on the Genesis Drop page.
If you meet these criteria, go to https://genesis.side.one/ to complete the registration process. Genesis Drop registration follows a first-come, first-served approach. And each category has a registration limit. Therefore, once you reach the limit for a particular category, your registration for that category will end. Enrollment begins at 10:00 AM on November 26, 2024 and ends on December 15, 2024 at 10:00 AM (UTC).
