The post Solana Mobile Gears Up to Airdrop SKR Token to Seeker Phone Users—But Not Saga Owners appeared on BitcoinEthereumNews.com. In brief Solana Mobile will The post Solana Mobile Gears Up to Airdrop SKR Token to Seeker Phone Users—But Not Saga Owners appeared on BitcoinEthereumNews.com. In brief Solana Mobile will

Solana Mobile Gears Up to Airdrop SKR Token to Seeker Phone Users—But Not Saga Owners

In brief

  • Solana Mobile will conduct its SKR token airdrop on January 20.
  • The initial airdrop will provide 20% of the supply, or 2 billion SKR tokens, to Seeker phone users and app developers.
  • Users of the earlier Solana Saga smartphone are not eligible for the SKR airdrop.

Solana Mobile will airdrop its new SKR token to Seeker smartphone users and developers in its mobile ecosystem on January 20, it announced on Wednesday. However, users of the earlier Solana Saga phone won’t be eligible for the new token drop, a Solana Mobile rep confirmed to Decrypt.

While an official X post from Solana Mobile said the airdrop will occur on January 21 in the UTC time zone, a screenshot in the thread shows that the airdrop claim will take place at 9pm ET on January 20.

The airdrop will grant 20% or 2 billion unlocked SKR tokens to holders of the second generation Solana Mobile phone, the Seeker, and developers of applications for the crypto-focused mobile device. Overall, 30% of the total 10 billion SKR tokens have been set aside for airdrop incentives.

“SKR will give all of the people who have gotten us to this point the opportunity to influence the success of this platform: who can participate, what rules they follow, and what economic flows keep it going,” Solana Mobile GM Emmett Hollyer posted on X. “This airdrop is the first step.” 

Additional details about the airdrop claim and allocation process are expected in the near future, but the mobile arm of the speedy layer-1 network said that a snapshot of activity on Seeker devices has already been taken in advance of the token launch.

That activity has spanned more than 9 million transactions and $2.6 billion in transactional volume as part of “Seeker Season 1” since devices started shipping globally in August. Season 2 began on Wednesday, with more details expected about the season on Thursday. 

Beyond the airdropped tokens, an additional 2.7 billion SKR, or 27% of the total supply, will be unlocked during the token generation event on January 20—1 billion tokens each for liquidity and the community treasury, and 700 million for growth and partnerships. A further 1.8 billion SKR will unlock linearly to support growth initiatives in the future, according to the tokenomics breakdown.

“Our plans haven’t changed: we are building the easiest, most secure way to participate in internet capital markets from the supercomputer in your pocket,” Hollyer posted. “SKR is a critical step on the path to an open ecosystem that will bring on more devices, more developers, and more users.”

More than 150,000 Seeker devices were pre-ordered by crypto users following the rollout of Solana Mobile’s first-generation Android device, the Solana Saga. The Seeker sells for $500.

The Saga, which generated buzz for the frenzy of airdrops attached to the phone, lost support for software updates and security patches in October. That lack of support also applies to the SKR airdrop.

“Saga users will not be accounted for in the SKR airdrop,” a rep told Decrypt.

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Source: https://decrypt.co/353912/solana-mobile-airdrop-skr-token-seeker-phone-users-not-saga-owners

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