Seeker (SKR), the native token of the Solana network’s Web3 smartphones, skyrocketed in price after its launch. The airdrop took place on January 21st and received an immediate response, with the price soaring 287.25% within 24 hours.
At the time of issuance of this note, assets are Trading at $0.03898as seen in the following graph.
As reported by CriptoNoticias, Seeker is being developed by Solana Mobile. A branch of a company associated with the Solana network, specializing in the development and design of smartphones. SKR has a total supply of 10 billion units and serves as Solana Mobile’s native token.
Its goals are to decentralize ecosystem governance, facilitate the curation of applications within official device stores, and align economic incentives between hardware manufacturers, developers, and users.
In terms of distribution, 30% of the supply was for airdrops. Initial distribution to both target users and developers in the Seeker ecosystem. What was done to strengthen the community and early adoption focus of the project.
An additional 25% was allocated to ecosystem growth and strategic partnerships, with the remainder distributed between liquidity and launch, community finance, Solana Mobile, and Solana Labs.
facts that support it A good start for the token is a high level of participation in staking. The team reports that over 49% of users who claimed SKR have chosen to lock their tokens for rewards, an early sign of confidence that will ease selling pressure in the short term.
Note that the token was included. Exchanges like Coinbase, Kraken, KuCoin, Bybit, and Crypto.com.
Seeker is different from Trove and Saga
The release of SKR is different from other cases such as SAGA and TROVE.
Trove Markets, a decentralized futures exchange (DEX), has raised $11.5 million through an ICO, as reported by CriptoNoticias. But it surprised investors by abandoning the Hyperliquid network and moving to Solana. This caused the TROVE token price to plummet by 96% in 24 hours.
Additionally, the project withheld most of the funds raised and only refunded some, leading to accusations of embezzlement and deception against participants.
For Solana’s first smartphone, Saga, many users reported issues such as: “Pull the rug out” indirect. after the fort hype Early promised incentives quickly dilute the economic value associated with the ecosystem. A significant portion of buyers will be left with losses and unmet expectations.
Seeker and its SKR token have (so far) demonstrated a more community-aligned strategy, with wide distribution via airdrops, active staking from the beginning, and an incentive model that, at least for now, reinforces adoption rather than punishing it.
(Tag Translation) Altcoin
