This week's preview | ZK and ZRO airdrops are imminent, with approximately $44 million in ID unlocked

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Take a look at the most noteworthy industry events and important project developments in the coming week.
  1. ZKsync token ZK will be available for airdrop on June 17th.
  2. Tether will launch its new category of digital asset products on June 17.
  3. LayerZero may launch the token ZRO on June 20.
  4. IDs worth approximately $44 million will be unlocked on June 22.
  5. Solana Summit APAC will be held in Kuala Lumpur, Malaysia from June 20 to 22.

This week (June 17-June 23, 2024), Web3 events are not to be missed. Here is a preview of this week’s highlights:

Foresight News calendar updated in real time

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important events

The ZKsync airdrop token claim will be open at 15:00 on June 17th (Beijing time), and Binance, Bitget, Huobi HTX, Bithumb and other exchanges will list ZK at 16:00. A total of 3.6 billion tokens will be airdropped, accounting for 17.5% of the total supply, and 695,232 wallets are eligible for airdrops. 17.5% of the ZK airdrop is allocated to two groups of community members, including users (89%) and contributors (11%). The minimum allocation per wallet is ultimately 917 ZK, and each address can airdrop up to 100,000 tokens. There is no vesting or lock-up period for airdropped tokens.

Tether CEO Paolo Ardoino announced that after a year of hard work, Tether will launch its new category of digital asset products on June 17.

Sotheby's will auction a set of gold BAYC and its derivative NFTs owned by Three Arrows Capital on June 18, including one BAYC, 2 MAYC and 1 BAKC NFT. Three Arrows Capital previously purchased BAYC for 95 ETH and BAKC NFT for 11 ETH in July 2021.

Binance became the sole defendant after Nigeria dropped tax charges against Binance executives, with the next hearing scheduled for June 20.

Project Progress

Token TGE

Starknet Ecosystem DeFi Protocol Nostra Token NSTR will conduct TGE on June 17, 11% of which will be airdropped to the community. NSTR will be launched on both Ethereum mainnet and Starknet at the same time. The total supply of the token is 100 million, 100% unlocked at launch.

The ZKsync token ZK airdrop will be available at 15:00 on June 17th, Beijing time.

Scroll ecosystem DEX NURI Exchange will launch the native token NURI on June 19.

The LayerZero Foundation released its first tweet with a picture, which showed "06.20.2024", indicating that the token ZRO may be released on June 20.

The IFO sales time of Lista DAO token LISTA is from 17:30 on June 19 to 17:30 on June 20, Beijing time. TGE and airdrop will be launched on June 20, and the deadline for claiming airdrop is July 19, 2024.

Token Claim Deadline

io.net token IO claims will end at 19:00 on June 18.

The deadline for claiming the Starknet token airdrop is June 20th, and unclaimed tokens will be recycled into the pool and distributed in future rounds and/or programs.

The end date for receiving the UM airdrop token of the cross-chain proof-of-stake network Penumbra is June 21.

Exchange News

Binance stopped trading and delisted OmiseGO (OMG), Waves (WAVES), Wrapped NXM (WNXM) and NEM (XEM) at 11:00 Beijing time on June 17.

The staking mining of Bitget PoolX mining project Ultiverse (ULTI) is open from 16:00 on June 7 to 16:00 on June 17, Beijing time .

Coinbase International will launch BOME and NOT perpetual contracts, which will be open for trading at or after 17:30 on June 20, Beijing time.

Project Upgrade

The Houston upgrade of the liquid staking protocol Rocket Pool will be launched on June 17. The main purpose is to reduce dependence on third-party systems by introducing a DAO (decentralized autonomous organization) that is completely on-chain to manage the protocol. The organization, called the protocol DAO or pDAO, will be responsible for setting the direction of the protocol.

LeverFi’s OmniZK development network will be upgraded to the test network on June 18, 2024 to support the growth and development of BTC DeFi.

The opBNB mainnet will undergo a Haber hard fork upgrade at 16:00 on June 20, Beijing time. This upgrade will introduce the pre-compilation of the secp256r1 curve. In addition, the opBNB node needs to be updated to version v0.4.2 before the hard fork.

Project Activities

Modular computing power layer & ZKRaaS platform Lumoz will launch the sale of zkVerifier Node globally. The node pre-sale and whitelist registration activities will officially start at 15:00 Beijing time on June 17 and will last until June 24.

Photon, a tool for sniping and selling Solana tokens, will kick off Season 1 of the Photon Stimmies event on June 17.

Arweave AO, the Arweave public testnet, will launch cross-chain bridge rewards on June 18, with 33.3% of AO tokens distributed proportionally to AR holders and 66.6% of AO tokens distributed to users whose assets cross-chain to AO. Users can deposit stETH to receive token rewards, and more assets will be supported in the future. AO tokens will remain locked until about 15% of the supply is minted, which is expected to be around February 8, 2025.

The Web3 ZK layer Mystiko Network will launch its first round of airdrops on June 18. Active users on the V1 Mystiko mainnet, Galxe loyalty program participants, Discord airdrop role holders, community contributors, and OG NFT owners will have the opportunity to receive airdrops.

The community round for the blind computing network Nillion will launch on June 19, with users who complete their “Nill Pill” having the opportunity to gain priority access.

Upcoming Events

The application period for the Foresight X TON Ecosystem Accelerator Program lasts until 07:59 PM on June 17. The accelerator will support TON ecosystem projects that plan to conduct TGE in the next three months. Foresight X will provide targeted support, including grant support, marketing and launch consulting, project operation guidance, etc.

Eigenlayer's online hackathon AVS MicroHacks starts on May 27th, with a submission deadline of 7:59 on June 18th. The prize money exceeds $50,000, and the winners will be announced on June 21, 2024.

The first Solana Summit APAC will be held in Kuala Lumpur, Malaysia from June 20 to 22, aiming to promote forward-looking discussions and collaborations.

Space4Build will host the La Causathon hackathon in Lima, Peru, from June 20 to 23, hoping to focus solutions to the gaming challenge on the Arbitrum ecosystem.

Token Unlock

According to Token Unlocks data , this week, ID, PIXEL and APE will have a one-time large-scale token unlock, with a total release value of over 80 million US dollars, including:

SPACE ID (ID) will unlock 78.49 million tokens at 8:00 on June 22, worth approximately US$44 million, accounting for 18.23% of the circulation;

Pixels (PIXEL) will unlock 54.38 million tokens at 18:00 on June 19, worth about 20 million US dollars, accounting for 7.05% of the circulation;

ApeCoin (APE) will unlock 15.6 million tokens at 8:00 on June 17, worth approximately $15.8 million, accounting for 2.48% of the circulation;

Manta Network (MANTA) will unlock 667,000 tokens at 17:30 on June 18, worth approximately US$8.3 million, accounting for 2.05% of the circulation.

Voting Governance

The ApeCoin Governance Forum "Banana" proposal will end voting on June 21. The proposal includes two initiatives: the Business Agreement Plan (73 million APE) and the User Incentive Plan (23 million APE).

The voting period for Optimism's fourth round of retroactive fundraising is from June 23 to July 8. The results will be announced and funding will be distributed on July 15. In this round, The Optimism Collective will allocate 10 million OPs to reward Superchain developers.

NFT News

The PFP NFT "SPL404" launched by Silly Dragon in cooperation with GHOSTCOIN will be pre-sold on June 20 and will be on sale from June 21 to June 22.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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