XION, the pioneering walletless Layer 1 blockchain, has unveiled its "Believe in Something" airdrop, distributing up to 5% of its total $XION token supply to early supporters and community members. This initiative honors those who have steadfastly believed in XION's mission to make Web3 accessible to all.

• Total airdrop allocation of 10,000,000 $XION tokens, representing 5% of the total supply.

• 69% of the airdrop is designated for the XION community, including testnet users, builders, and active Discord participants.

• 31% of the airdrop acknowledges contributors from over 10 ecosystems, such as SPX6900, Gigachad, Based Brett token holders, Mocaverse’s MocaID participants, and Berachain NFT holders.

XION is the first walletless Layer 1 blockchain designed for mainstream adoption, aiming to eliminate technical barriers and provide seamless Web3 experiences for all users. By leveraging chain abstraction, XION enables developers to build intuitive applications that cater to both crypto-native and non-crypto users alike.

What Is the XION Airdrop, “Believe in Something”?

Source: XION blog

The XION airdrop, titled "Believe in Something: The First Spark," is a token distribution campaign celebrating early supporters of the XION ecosystem. With a total allocation of 10 million $XION tokens (5% of the total supply), this airdrop aims to reward individuals and communities that demonstrated belief in XION's mission to make Web3 accessible to everyone.

This initiative not only recognizes active contributors within the XION community but also extends gratitude to participants from partner ecosystems who share XION's vision for a decentralized future.

XION (XION) is now available for pre-market trading on KuCoin. Trade $XION early to secure your position in the ecosystem and gain insight into $XION prices ahead of the official spot market launch.

To ensure a fair distribution, multiple snapshots were taken throughout the year, notably on March 6 and July 15, 2024. This method captured a diverse array of contributors, with thorough analyses of both on-chain and off-chain data to assess genuine engagement.

Key Dates to Remember

• Snapshots Taken: March 6, 2024, and July 15, 2024
  These snapshots recorded the activity and contributions of eligible users across multiple ecosystems.

• Airdrop Checker Launch: November 12, 2024
  The eligibility checker is live at XION Airdrop Checker, allowing users to verify their participation.

• Mainnet Launch: Expected in late December 2024
  Eligible users can claim their $XION tokens once the XION mainnet goes live.

Who Is Eligible for the $XION Airdrop? 

• XION Community Members: Active testnet users, builders, and Discord members who have significantly contributed to the ecosystem.

• Partner Ecosystem Participants: Individuals holding specific tokens or NFTs from partner communities, with eligibility determined by holding durations and engagement levels.

1. Verify Eligibility: Visit the XION Airdrop Checker. Enter your wallet address or connect your Discord account to check your eligibility.

2. Understand the Criteria: Eligibility is based on your engagement with the XION ecosystem or partner communities. Testnet participants, token holders from specific projects, and active community members are included.

3. Prepare for Claiming: Ensure your wallet is ready for the mainnet launch. Wallets connected during the testnet phase may not need to relink. Eligible participants can claim their tokens directly via the XION platform after the mainnet goes live.

4. Participate in Staking and Governance: Once claimed, $XION tokens can be staked to earn rewards or used for governance decisions, further supporting the ecosystem.

The $XION token drives the XION ecosystem, supporting network operations, governance, and rewards. With a total supply of 200 million tokens, its distribution ensures sustainable growth and community empowerment. The XION token utility includes: 

• Network Fees: Power walletless transactions.

• Staking Rewards: Secure the network and earn incentives.

• Governance Rights: Vote on protocol upgrades and decisions.

• Ecosystem Utility: Medium of exchange and liquidity support.

Token Allocation

XION token allocation | Source: XION blog

• Community & Ecosystem (69%):

• Active Rewards (22.5%): For testnet users and active contributors.

• Ecosystem Growth (15.2%): Grants for developers and creators.

• Airdrop (12.5%): 10 million tokens for the "Believe in Something" initiative.

• Builders & Partners (19.8%): For projects scaling in the ecosystem.

• Contributors (26.2%): Reserved for the team, advisors, and contractors, with vesting periods.

• Strategic Participants (23.6%): Tokens for early investors, subject to lock-ups.

Tokens are released gradually over four years to ensure stability, decentralization, and sustainable growth, aligning with XION’s mission to make Web3 accessible for all.

The XION airdrop marks a significant milestone in the project’s journey to make Web3 accessible and user-friendly. By rewarding early believers and contributors, XION reinforces its mission of fostering a decentralized, inclusive ecosystem. The "Believe in Something" initiative not only acknowledges the project’s dedicated community but also sets the stage for its highly anticipated mainnet launch.

As you prepare to claim your $XION tokens, ensure you follow official channels to avoid scams and fraudulent activities. Remember, participating in any crypto-related event involves risks. Token values can be highly volatile, and market conditions may impact their future performance. Always evaluate your risk tolerance and conduct thorough research before engaging with digital assets.

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