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

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About The Author

Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, 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 crypto, AI, 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.

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