A New Boon to Crypto Projects Seeking Smart & Fair Distribution

Achieving fair and effective initial token distribution has always been a challenge for new crypto projects. Airdrops can be useful for this, but serious projects must take measures to help ensure recipients are of the type they really want; ideally they are prone to hodl, use the product, and help foster the project’s ecosystem and community through positive participation.

Syscoin Foundation presents a great solution. Thanks to some recent developments, Syscoin’s network of masternode owners can now have a stake in the success of your EVM-based project.

How to bolster your community with a fair distribution

By including Syscoin masternode owners in your airdrop, not only will your tokens gain broad distribution, your project will also gain some of the most seasoned crypto OGs. Diamond-handed holders and appreciators of innovation in crypto, the majority of whom have provably held their masternodes longer than 2.5 years. On top of that, many Syscoin masternode owners are accustomed to participating in governance and fostering community growth. In all, one of the best ways to kick-start with a diverse and solid community is to tap into Syscoin’s masternode owners.

If your project seeks to collaborate with Syscoin Foundation to coordinate your airdrop to Syscoin masternode owners, reach out to us. The foundation will gladly discuss your project and can provide the list of EVM addresses, their masternode statuses, seniority, etc, to equip your project to benefit from Syscoin’s network. The foundation wants to help ensure masternode owners receive quality airdrops, and we want to prevent token spam. Keep in mind, Syscoin Foundation assists projects at its sole discretion.

First project to gain the advantage: SuperDapp’s SUPR Airdrop

Rollux and SuperDapp recently announced the very exciting airdrop of SUPR, the official upcoming token of SuperDapp which is launching on Syscoin’s official Layer 2, Rollux. There are several ways to participate, but one of the best ways is to own one or more Syscoin masternodes! Rollux and SuperDapp provided instructions for Syscoin masternode owners who wish to receive this upcoming airdrop.

Syscoin’s Masternode EVM Registry is now LIVE

Syscoin Foundation is excited to announce that the Syscoin Masternode EVM Registry desktop web app is live! This is the first known tool of its kind, giving UTXO-based masternode owners the ability to trustlessly and provably assign an EVM address to their masternode(s). This has a lot of positive implications!

For masternode owners, linking an EVM address (such as your Rollux or Ethereum address) to your Syscoin masternode means that you as an owner will gain a broader horizon of potential benefits and functionality, extending into EVM blockchains.

You can learn more about how the registry is useful, how it works, and check out the frequently asked questions. The registry is a purpose-built desktop web app designed to operate alongside your Syscoin Core collateral wallet, enabling you to link an EVM address to your masternode using the Syscoin native (UTXO) chain. As such, it is not designed for mobile devices.

About Rollux

Built by SYS Labs, powered by Syscoin, and fueled by $SYS. Rollux is an EVM-equivalent optimistic rollup that inherits the security of Bitcoin’s mining network and Syscoin’s Layer 1 finality and data availability. Rollux functions as Syscoin’s Layer 2 to help provide the unprecedented scalability necessary for an exponential increase of potential use cases, and sets the stage for realizing mass adoption. Rollux offers what no one else does: unmitigated security, speed, decentralization, and affordability.

Website | Twitter | Discord

About SuperDapp

The decentralized mobile and web application at the crossroads of crypto and social interaction, enhancing the human experience through AI and Web3.

Website | Twitter | Discord

About Syscoin

Syscoin is a decentralized and open-source project founded in 2014 whose NEVM blockchain combines the best of Bitcoin and Ethereum in a single coordinated modular platform.

Syscoin is ushering in the next step in the evolution of blockchain technology, providing Bitcoin's proven security and Ethereum's Turing-complete programmability elevated to true scalability via Optimistic Rollups, ZK Rollups, and other Layer 2 technologies.

Jul 13, 2023 by Syscoin Foundation