
X1 EcoChain has officially started preparations for Testnet Phase 2, emphasizing that onchain reputation will play a crucial role.
Key points for users:
- Your onchain reputation counts everywhere in the ecosystem
- Phase 2 will offer more opportunities to stand out
- Previous integration with Nomis multichain scoring system remains active
The testnet continues building on the Proof-of-Activity model introduced earlier, where users can:
- Connect wallets and verify multichain scores
- Mint X1 EcoChain testnet scores for free
- Access reputation data across multiple chains including Ethereum, Base, Linea, and others
Next steps: Users should prepare their onchain reputation profiles as Phase 2 approaches, with more details expected soon.
We have officially begun preparations for @X1_EcoChain Testnet Phase 2 Your onchain reputation counts everywhere. Get ready to stand out even more in the next stage.
Ethereum Fusaka Upgrade Promises Lower Gas Fees and Better Scaling
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Linea Launches 9.36B Token Airdrop with Zero VC Allocation
**Linea has launched one of 2025's largest airdrops**, distributing 9.36 billion $LINEA tokens starting September 10. **Key details:** - 749,662 eligible wallets can claim tokens - Distribution period runs until December 9, 2025 - **85% allocated to ecosystem participants** - **0% reserved for venture capitalists** The Ethereum Layer 2 network's approach prioritizes community members over institutional investors, marking a shift toward more equitable token distribution models. Eligible users can check their allocation and participate in the claiming process through official Linea channels.
**Token Launch Reality Check: 80% of New Listings End in Red**
**2024 token launches paint a stark picture** - 80% of new listings across major exchanges ended in the red, with most projects losing momentum within weeks of their Token Generation Event (TGE). **The numbers tell the story:** - Median price drop after TGE: 40-70% - Only 11% of airdropped tokens stayed positive after 90 days - Unlock schedules created continuous sell pressure **The core issue isn't timing - it's purpose.** Many projects rush to TGE due to market pressure without considering whether they actually need a token or what role it will serve. **Well-designed tokens can become infrastructure by:** - Unlocking features or services - Rewarding onchain actions - Aligning builders and users through incentives - Granting meaningful governance rights **The predictable pattern emerges:** High fully diluted valuations with tiny floats create fragile pumps, token unlocks flood supply, and lack of utility leaves no reason to hold. The result? Rapid sell-offs and eroding community trust. **The right question isn't *when* to launch** - it's whether the project is truly ready for TGE. Without utility, governance, and strategic foundations, the outcome follows the same path: farm, dump, collapse.
SEC Proposes Crypto Safe Harbors as Wall Street Rules Meet DeFi Culture
The **SEC has unexpectedly announced plans for crypto safe harbors**, marking a significant regulatory shift toward mainstream adoption. This development raises critical questions about the future of decentralized finance: - Will traditional Wall Street regulations align with crypto's decentralized ethos? - Can the current DeFi community adapt to institutional-grade compliance requirements? - What does mass adoption look like when filtered through traditional financial frameworks? The timing suggests regulators are acknowledging crypto's permanence while attempting to bring it under conventional oversight. **The challenge lies in balancing innovation with investor protection** without stifling the experimental nature that drives crypto forward. This regulatory pivot could accelerate institutional adoption but may fundamentally change how decentralized protocols operate and who can participate in them.