🪙SOR ERC-20 (ETH)
The SOR token on Ethereum has the same function that the SOR token will have on the Soros Chain Mainnet (and currently has it on the Testnet). All those holders of SOR tokens on Ethereum at the time of launching Soros Chain will receive a 1:1 airdrop on the Mainnet.
SOROS (SOR) on Ethereum (ERC20 Protocol) is the tool for growth, expansion and takeoff. In other words, Ethereum is the incubation and acceleration process for Soros Chain.
Why Ethereum as Incubation and acceleration process for Soros Chain?
Large and Engaged Community:
Ethereum boasts a large and active community of developers, users, and contributors. A vibrant community can provide support, share knowledge, and contribute to the growth and success of a new chain like Soros.
Developer Ecosystem:
The extensive developer ecosystem on Ethereum means that there are numerous skilled professionals and resources available. This can be crucial for troubleshooting, updates, and ongoing development on an EVM Chain like Soros.
Established Credibility:
Ethereum has a long track record, having been operational since 2015. This history contributes to its credibility and can instill confidence in both the community and investors.
Institutional Interest:
Ethereum has garnered interest from institutional investors and enterprises. This attention can attract more capital and contribute to the overall growth and stability of the ecosystem.
Network Effects:
Ethereum's widespread adoption and network effects mean that more projects, users, and investors are already part of the ecosystem. This can create a positive feedback loop, where the value of the network (and the project in there) increases as more participants join.
Regulatory Acceptance:
Ethereum has gained a level of regulatory acceptance compared to some other blockchain networks. This can provide a more stable and predictable regulatory environment, reducing uncertainty for investors.
Market Liquidity:
Ethereum has a high level of market liquidity, meaning that its native cryptocurrency, Ether (ETH), is actively traded on various exchanges. This liquidity can be attractive to investors looking to buy or sell assets without significant price slippage.
Last updated