News Report Technology
September 19, 2024

Wukong Begins Airdrop, Attracting More Bitcoin Users To Fractal Environment

In Brief

Wukong announced its plans to conduct an airdrop targeting Bitcoin ecosystem users, with the aim of bringing them into Fractal environment.

Wukong Begins Airdrop, Attracting More Bitcoin Users To Fractal Environment

Native asset project on Fractal Bitcoin, Wukong, announced its plans to conduct an airdrop, distributing rewards to users holding over 80,000 tokens. Some users have already begun to receive these rewards.

The wukongx token is created for the community and aims to benefit it as well. The airdrop targets a diverse group of users within the Bitcoin ecosystem, aiming to bring a substantial number of Bitcoin users into the Fractal Bitcoin environment.

Wukong intends reward with the token the following eleven project token holders, encompassing Fractal Bitcoin’s FB holders, Fractal Bitcoin-based Wukong non-fungible token (NFT) holders, as well as holders of Pizza, Sats, Ordi, 𝛑, Rats, DOG•GO•TO•THE•MOON, UNCOMMON•GOODS, Rune Stone, and Bitcoin Puppets.

According to the project, the token being distributed is called wukongx, with the ‘X’ symbolizing exploration and transformation. This choice reflects Wukong’s 72 transformations, embodying the essence of his character. Furthermore, along with the airdrop announcement, Wukong is set to launch its NFT gameplay within the next 24 hours.

Wukongx: The First Native Asset On Fractal 

The Wukong’s token is the first memecoin on Fractal Bitcoin, with the goal of achieving the highest market capitalization. Initially, the token will be available as a BRC-20 token and may later be exchanged for protocol tokens via the Wukong Protocol.

Fractal Bitcoin is a Bitcoin scaling solution supported by wallet provider Unisat. It asserts that it is the only scaling solution utilizing the core Bitcoin code, setting itself apart from other Bitcoin sidechains and so-called Layer 2 solutions by emphasizing Bitcoin-native constructs instead of Ethereum Virtual Machine (EVM) compatibility. Additionally, this approach incorporates the OP_CAT opcode to advance Bitcoin’s functionality. Fractal Bitcoin can natively support a variety of Bitcoin protocols, encompassing BRC-20, Runes, Ordinals, and others.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles
Alisa Davidson
Alisa Davidson

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

Hot Stories
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
CryptoQuant: Investors Holding Bitcoin For 6 To 12 Months Most Active In Selling
Markets News Report Technology
CryptoQuant: Investors Holding Bitcoin For 6 To 12 Months Most Active In Selling
December 26, 2024
AI Ethics 101: Navigating the Moral Landscape of Machine Learning
Opinion Markets Software Technology
AI Ethics 101: Navigating the Moral Landscape of Machine Learning
December 26, 2024
Subscan Introduces Governance Tracking Module For Astar, Empowering Users To Engage With Network’s Governance
News Report Technology
Subscan Introduces Governance Tracking Module For Astar, Empowering Users To Engage With Network’s Governance
December 26, 2024
Game.com Unveils Fair Launch Token Distribution Protocol, Enabling Transparent And Customized Token Launches
News Report Technology
Game.com Unveils Fair Launch Token Distribution Protocol, Enabling Transparent And Customized Token Launches
December 26, 2024