Shardeum, the world’s first EVM-based L1 blockchain, recently curated a colossal buzz of inferences among crypto market enthusiasts globally as the network geared up with updates orbiting phase 1 of its SHM airdrop. Nischal Shetty, Co-founder of Shardeum, recently proclaimed that the network released a draft version of the Shardeum phase 1 airdrop yesterday, garnering over 3K feedback submissions from the community. The phase 1 campaign primarily aims to facilitate rewards to community members who aided Sharedeum in advancing within the broader crypto market. Meanwhile, the draft showcased key details on Shardeum’s native coin Shard’s (SHM) venture into the crypto realm, spotlighting key details like airdrop phases ahead, among many others.
Shardeum Unveils Key Updates
According to Shardeum, the SHM will have a maximum supply of 508 million SHM, allocated to numerous validators and archiver nodes, accompanied by allocations for TGE (Token Generation Events) within the ecosystem.
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