Weekly Preview | Sonic SVM, Xterio, Seraph will launch TGE; Aptos (APT) unlocks nearly $110 million worth of tokens
Reprinted from panewslab
01/05/2025·5MImportant news preview:
- Seraph "Dark Seraph" will launch TGE at 20:00 on January 6, 2025 (UTC+8);
- Privasea AI mainnet is officially named DeepSea, and its testnet Beta will be launched on January 6
- Sonic SVM, the SVM blockchain on Solana, is scheduled to undergo TGE on January 7;
- Game infrastructure and AI game studio Xterio is scheduled to launch TGE on January 8;
- Movement (MOVE) will unlock approximately 50 million tokens at 8 pm Beijing time on January 9th, accounting for 2.22% of the current circulating supply and worth approximately US$53 million.
- Aptos (APT) will unlock approximately 11.31 million tokens at 9:59 am on January 11th, Beijing time, with a ratio of 2.03% to the current circulating supply and a value of approximately US$110 million.
January 6
Exchange:
OKX will launch BIO’s margin trading and easy currency earning on January 6th
OKX has officially launched the BIOUSDT perpetual contract on the web, App and API at 6:45 pm on January 3, 2025 (UTC+8), and will launch it at 12:00 noon on January 6, 2025 (UTC +8) Launch BIO’s margin trading and earn coins easily.
Previously affected by the news that Kraken announced that it would stop supporting Monero (XMR) in the European Economic Area (EEA) at the end of October 2024, the price of Monero fell by more than 5% to $144 on October 1. Kraken stated that the move was due to regional regulatory changes and that it would cease trading and deposits in all XMR markets on October 31. Users need to withdraw their assets before December 31, 2024. Unwithdrawn Monero will be automatically converted into Bitcoin and distributed to users on January 6, 2025.
Project updates:
Privasea AI mainnet is officially named DeepSea, and its testnet Beta will be launched on January 6
Privasea AI announced the mainnet roadmap on January 1. The mainnet was officially named DeepSea, and the testnet Beta will be launched on January 6th. The release of DeepSea marks the arrival of a new era of data protection and decentralized innovation. The DeepSea AI network is driven by FHE deep learning and aims to provide users with comprehensive security during the computing process. On January 6, the test network evolved from Alpha to Beta, released a new dashboard, and launched the test version of USB node and Privanetix node plan; on January 27, Genesis released that it will fully launch the Privanetix node plan and FHEML task release plan; in 2025 In the first quarter, the DeepSea mainnet will be officially launched, launching optimized versions of USB nodes and Privanetix nodes. At the same time, the FHEML task publishing plug-in and web page will be launched. Users can design custom models, submit learning samples and publish tasks to obtain machine learning results.
3A chain game Seraph "Dark Seraph" will launch TGE on January 6
Seraph "Dark Seraph" officially announced the token economic model and detailed distribution plan, and announced that it will launch TGE at 20:00 on January 6, 2025 (UTC+8), and also launch Bybit mobile mining activities to provide users with more information. Multiple opportunities for participation and rewards. According to the latest announced information, the total supply of Seraph's token $SERAPH is 1 billion, supporting the BNB Chain and Ethereum networks. Tokens will play a core role in the game ecosystem, including unlocking functions, building equipment, and governance voting. In addition, 40.5% of tokens will be used for community incentives and airdrop rewards to attract more players to participate and further expand the Web3 user base.
Token Unlocked:
Kaspa (KAS) will unlock approximately 182 million tokens at 8 a.m. Beijing time on January 6, with a ratio of 0.72% to the current circulation and a value of approximately US$22.7 million.
Delysium (AGI) will unlock approximately 33.59 million tokens at 8 a.m. Beijing time on January 6, accounting for 2.45% of the current circulating supply and worth approximately US$5 million.
January 7
Exchange:
OKX will launch SONIC (Sonic SVM) spot trading on January 7th
OKX is about to launch SONIC (Sonic SVM). Sonic SVM is the first SVM launched on Solana. Sonic SVM built the first Web3 TikTok application layer, bringing millions of TikTok users to Solana. Sonic SVM is also the leading gaming ecosystem on Solana. The specific time schedule is as follows:
- 1. SONIC opening deposit time: 8:30 pm on January 2, 2025 (UTC+8);
- 2. SONIC call auction time period: 7:00 to 8:00 pm on January 7, 2025 (UTC+8);
- 3. SONIC/USDT spot trading opening time: 8:00 pm on January 7, 2025 (UTC+8);
- 4. SONIC’s opening time for withdrawals: 12:00 pm on January 7, 2025 (UTC+8).
Project updates:
Sonic SVM, the SVM blockchain on Solana, announced its native token SONIC token economics. SONIC will serve as the native token of the Sonic SVM and Multi-SVM ecosystem to promote long-term growth and development.
The total supply of SONIC is 2.4 billion, of which 57% is allocated to the community, including community and ecological development (30%), initial claim (7%) and HyperGrid rewards (20%). TGE is scheduled for January 7, 2025, with the initial circulation accounting for 15% of the total. SONIC will be distributed within 6 years, at which time all SONIC will be fully circulated, with most of it distributed to the community. During the first 12-18 months after launch, no team and investor tokens will be unlocked, and locked tokens cannot be pledged. The initial SONIC claim snapshot was completed on December 31, 2024. 7% of the total supply of SONIC has been allocated to initial claims. The eligibility check tool for the initial claim plan will be launched on January 3. Users can use this tool to verify whether the wallet meets the claim conditions. At the same time, the SonicX TikTok airdrop event will remain open until January 6, providing more users with the opportunity to obtain SONIC.
Meme trading tool ABOT will shut down its website on January 7
Meme trading tool ABOT announced that it will gradually close its business. The specific arrangements are as follows: the service fee will be reduced to 0; Meme functions will be removed from the shelves on January 1, 2025; non-meme functions will be removed from the shelves on January 7, 2025 and the website will be closed; The development of new features will continue until December 31, and real-time problem response will continue to be handled before the website is closed.
January 8
Exchange:
Bybit will terminate withdrawal and custody services in France starting January 8, 2025
Crypto exchange Bybit announced that it will terminate withdrawal and custody services in France starting January 8, 2025. After January 8, 2025, users with assets worth 10 USDC or less will be charged a 10 USDC fee and their accounts will be closed. . For users with assets exceeding 10 USDC, BYBIT will initiate a transfer of any remaining funds to Coinhouse, and subsequent withdrawals will need to be processed through their platform.
Project updates:
Xterio will conduct TGE on January 8, 2025
Game infrastructure and AI game studio Xterio officially announced that its Token Generation Event is scheduled to be officially launched on January 8, 2025. Officials stated that this will usher in a new era that integrates AI, games and communities.
When Terra co-founder Do Kwon appeared in a U.S. court for the first time, his lawyer said he would not apply for bail yet. The judge immediately ordered Kwon to remain detained. He left the courtroom holding a copy of the 79-page indictment. Kwon is expected to appear in court again on January 8 to answer the lawsuit.
Token Unlocked:
Ethena (ENA) will unlock approximately 12.86 million tokens at 3:00 pm Beijing time on January 8th, with a ratio of 0.42% to the current circulating supply and a value of approximately US$16.2 million.
Eigenlayer (EIGEN) will unlock approximately 1.29 million tokens at 3 a.m. Beijing time on January 8, with a ratio of 0.61% to the current circulating supply and a value of approximately US$5.2 million.
January 9
Exchange:
The Chicago Board Options Exchange will be closed on January 9 along with the New York Stock Exchange and Nasdaq.
The Chicago Board Options Exchange (CBOE) said it will be closed on January 9 along with the New York Stock Exchange and Nasdaq.
Governance voting:
VitaDAO, a decentralized autonomous organization that aims to fund longevity research projects, stated on the X platform that the proposal VDP-159 to cross-chain VITA to Solana has been published on Snapshot and can be voted on using VITA tokens. The proposal aims to extend VITA onto Solana by establishing the token’s presence and liquidity. Voting ends on January 9th.
Token Unlocked:
Movement (MOVE) will unlock approximately 50 million tokens at 8 pm Beijing time on January 9th, accounting for 2.22% of the current circulating supply and worth approximately US$53 million.
January 10
Trump 's "hush money" case will be pronounced on January 10
New York State Supreme Court Judge Juan Merchant made a decision on the 3rd to make a ruling on the "hush money" case involving US President-elect Trump on January 10. Merchant said in the decision that the verdict will be held in a court in Lower Manhattan, New York City, and Trump must appear in person or by video to accept the verdict. Melchan also said that considering all the circumstances, an unconditional release sentence seems to be the most feasible solution.
Token Unlocked:
Optimism (OP) will unlock approximately 4.47 million tokens at 4 a.m. Beijing time on January 10th, with a ratio of 0.33% to the current circulating supply and a value of approximately US$9.3 million.
January 11
Token Unlocked:
io.net (IO) will unlock approximately 3.22 million tokens at 8:00 pm on January 11th, Beijing time, with a ratio of 2.50% to the current circulation and a value of approximately US$11.8 million.
Aptos (APT) will unlock approximately 11.31 million tokens at 9:59 am on January 11th, Beijing time, with a ratio of 2.03% to the current circulating supply and a value of approximately US$110 million.
January 12
Token Unlocked:
Axie Infinity (AXS) will unlock approximately 815,000 tokens at 9:10 pm on January 12th, Beijing time, with a ratio of 0.52% to the current circulating supply and a value of approximately US$5.6 million.
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