A look at the most noteworthy industry events and project developments to watch for in the coming week.
- Unichain plans to enable the permissionless Proof-of-Fault function on January 6, and the mainnet will be launched in the first quarter.
- Usual hinted that it will activate the token fee switch on January 7.
- The TGE of Sonic SVM token SONIC, Seraph token SERAPH, GameFi WanderCorp token WANDER, Xterio token XTER, and VibrantX token VIBE will be launched this week.
- Approximately $110 million worth of APT will be unlocked on January 11.
- Move DevCon will be held in Shenzhen on January 11.
Don't miss the major Web3 events this week (December 9 - December 15, 2024). The following is a preview of the exciting events:
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Important Events
Bybit will terminate withdrawal and custody services in France starting January 8, 2025. After January 8, 2025, users with assets valued at 10 USDC or less will be charged a 10 USDC fee and have their accounts closed. For users with assets exceeding 10 USDC, Bybit will initiate the transfer of any remaining funds to Coinhouse, and subsequent withdrawals will need to be processed through their platform.
After being extradited to the United States on December 31, Terra founder Do Kwon pleaded not guilty to fraud charges and will appear in court again on January 8.
Project Updates
The pre-sale date for the BNB Chain AI agent protocol BAD is January 6, 2025, and Floki will support the launch of the BAD AI agent protocol on the BNB Chain, with 35% of the tokens airdropped to the Floki ecosystem.
The DePIN communication project Sending will launch the WatchDog Agent sale on January 6, publicly offering 16,000 WatchDog nodes, with an initial price of 500 USDT per node, which will gradually increase. Users can purchase using wETH or USDT on the BNB network.
Unichain's mainnet roadmap shows that its mainnet will launch in early 2025. The mainnet plans to enable the permissionless Proof-of-Fault function on January 6, 2025, and fully open it after function verification. Users will be able to directly bridge funds to the network and experience the application ecosystem. Meanwhile, Rollup-Boost will be launched after the mainnet goes live, providing verifiable priority ordering and rollback protection for transactions.
Sonic SVM will conduct the TGE at 19:00 Beijing time on January 7. Users can claim the SONIC token through CEX before January 4, 21:00. The total supply of SONIC is 2.4 billion, with 57% allocated to the community, including community and ecosystem development (30%), initial claim (7%), and HyperGrid rewards (20%).
The cryptocurrency and AI-powered application IDRISS will launch its TGE on January 6.
Mines of Dalarnia (DAR) will rebrand and replace its token with Dar Open Network (D). Binance will suspend trading and delist all existing DAR spot trading pairs (DAR/USDT and DAR/TRY) on January 6 at 11:00, and will automatically cancel all outstanding orders. Binance will also open D/USDT and D/TRY spot trading on January 9 at 16:00.
The 3A GameFi Seraph "Dark Seraphim" will open the first batch of SERAPH rewards to SOUL and SPP series NFT holders on January 6 at 14:00. Additionally, Seraph will launch the TGE on January 6, 2025 at 20:00 and list on Bybit's liquidity mining activity. The total supply of the SERAPH token is 1 billion, with 40.5% of the tokens used for community incentives and airdrop rewards.
ACT tweeted that it will announce important updates on January 7, including the technical development team, a new CTO, the ACT DAO, token architecture, and progress on new project funding.
Dusk will launch its mainnet on January 7 by generating the first immutable block.
The Synthetix Base LP incentive program will continue until January 7, rewarding liquidity providers (LPs) on the Base chain with 80,000 SNX and 100,000 USDC.
Usual previously hinted that it will activate the token fee switch on January 7.
The GameFi project WanderCorp's token WANDER will launch its TGE on the Base chain on January 8, 2025.
The game publisher Xterio will conduct its TGE on January 8, with a total token supply of 1 billion XTER, an initial circulating supply of 112.5 million, and various token allocations.
The Blast ecosystem DEX Thruster's airdrop claim window will close at 8:00 Beijing time on January 9, 2025.
The Aptos ecosystem yield aggregator VibrantX's token VIBE will launch its IDO on January 9 across three platforms: VibrantX Finance, Cellana Finance, and MoveGPT. The total supply of VIBE is 1 billion, with an initial circulating supply of 108.5 million and various token allocations.
The Swell Network's Wavedrop 2 activity has ended, and the claim window will open before January 10.
Upcoming Events
a16z GAMES will host the SPEEDRUN 004 accelerator program in San Francisco from January 6 to March 23, 2025.
Foresight News Arbitrum's Stylus Sprint developer grant program ended applications on January 6, 2025, and the application review will end on January 20, 2025. The program will provide 5 million ARB rewards (currently worth about $2.4 million) to support teams using the Stylus Web Assembly (WASM) VM. METAVSUMMIT will be held in Dubai, UAE on January 7-8, 2025 here. The "AI Agents on Chain" developer innovation camp organized by APRO Oracle, co-organized by BeWater, and supported by BNB Chain will be held from December 12, 2024 to January 10, 2025 here. This event has set up three tracks: AI data, real-time decentralized AI applications, and autonomous AI Agents, focusing on the integration of blockchain and AI. Partners include Sentient, Vana, ABCDE Labs, CMS Holdings, DIN, Chainbase, Questflow, BAS, codatta, and Alaya AI. Berachain will host the "Bera Q5: For Real (Trust Me Bro)" offline event on January 10 at 19:30 here. Move DevCon will be held on January 11, 2025 in Shenzhen. Token Unlocks: - Aptos (APT) will unlock about 11.31 million tokens on January 11 at 9:59, worth about $110 million, accounting for 2.03% of the circulating supply. - Movement (MOVE) will unlock about 50 million tokens on January 9 at 20:00, worth about $53 million, accounting for 2.22% of the circulating supply. - Kaspa (KAS) will unlock about 182 million tokens on January 6 at 8:00, worth about $22.7 million, accounting for 0.72% of the circulating supply. - io.net (IO) will unlock about 3.22 million tokens on January 11 at 20:00, worth about $11.8 million, accounting for 2.50% of the circulating supply. - Axie Infinity (AXS) will unlock about 815,000 tokens on January 12 at 21:10, worth about $5.6 million, accounting for 0.52% of the circulating supply. - Ethena (ENA) will unlock about 12.86 million tokens on January 8 at 15:00, worth about $16.2 million, accounting for 0.42% of the circulating supply. - Optimism (OP) will unlock about 4.47 million tokens on January 10 at 4:00, worth about $9.3 million, accounting for 0.33% of the circulating supply. - Delysium (AGI) will unlock about 33.59 million tokens on January 6 at 8:00, worth about $5 million, accounting for 2.45% of the circulating supply. - Eigenlayer (EIGEN) will unlock about 1.29 million tokens on January 8 at 3:00, worth about $5.2 million, accounting for 0.61% of the circulating supply. Governance Votes: - The Aave DAO proposal to hold a Sherlock contest for the upcoming Aave v3.3 upgrade voting will end on January 7, with a budget of $230,000. - The VitaDAO proposal "Airdrop 6.9 million BIO to VITA and VitaDAO IPT holders" voting ended on January 9. The proposal plans to distribute 6.9 million BIO tokens from its total allocation of 21 million BIO tokens to the community through an airdrop. According to the proposal, the airdrop will adopt a tiered system, with multiple snapshots to determine eligibility. 80% (5.52 million BIO) will be allocated to VITA holders, and 20% (1.38 million BIO) to VITA IPT holders. - The VitaDAO proposal to cross-chain VITA to the Solana network voting ended on January 9. - The GMX community proposal to conduct GMX-Solana mainnet testing and the second audit simultaneously voting will end on January 9. - The QuickSwap community proposal to extend the measure of using 100% of revenue to buy back and burn QUICK tokens for another three months voting will end on January 9.
