Word on the street is that the anticipated Soneium airdrop could be on the horizon. The buzz began back in August 2024, when Sony Block Solutions Labs unveiled the Soneium project.
Despite the ongoing chatter, there’s no official confirmation yet. Surprisingly, even the official Soneium X profile, where the project was announced, has no mention of the impending airdrop.
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Is the Soneium airdrop really happening?
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Theoretically, the airdrop should distribute Soneium tokens, the project’s native cryptocurrency.
Despite the operational mainnet and active bridges, the crypto is still missing in action. Rumor has it that the snapshot for the airdrop eligibility could be imminent, but the date remains a mystery. Keep in mind that only snapshot participants will receive the airdrop, with no guarantees for latecomers.
For instructions on how to participate, refer to the guide published on this site months ago.
Some sources suggest May 2025 as a potential snapshot date.
Noteworthy is the recent surge in Soneium team activities, with several new initiatives launched.
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About the Soneium Network
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Soneium is an Ethereum layer-2 solution developed by Sony Block Solutions Labs.
Utilizing the OP stack of Optimism, this scalability solution has amassed over $120 million TVL in DeFi, akin to projects like TON.
Although not yet decentralized, a governance token launch could be in the cards when that transition occurs, potentially via an airdrop.
The project aims for decentralization, hinting at a future governance token release. However, specifics about an airdrop remain elusive.
If Sony Block Solutions Labs steers towards decentralization, expect a governance token. Alternatively, if they opt for control, no native cryptocurrency may surface, akin to Coinbase’s Base on Ethereum.
As of now, the governance token launch method and participation details remain unknown.
Nonetheless, a governance token launch seems inevitable.
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The governance token mystery
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Governance tokens play a vital role in decentralized projects for voting purposes.
Within a decentralized system, legitimate votes hinge on governance tokens, essential for project evolution.
Creators often distribute governance tokens to the community involved in the project’s centralized phase.
Soneium’s case exemplifies this pattern, suggesting a community airdrop for a governance token.
Recent updates on Soneium
Recent developments from the project include:
• Assemble on Soneium: A global initiative rewarding real usage, championed by Superboard, running from April 16th to May 15th.
• Fast Finality Layer: Enhancing transaction finality using Astar Network, AltLayer, and EigenLayer for heightened security with sub-10-second finalization times.
• JASRAC support: Collaboration with JASRAC for the Creator DX platform, KENDRIX.
These initiatives signal Soneium’s readiness for the next phase, although decentralized governance might still be on the horizon.