### Bybit Launchpool Starts SoSoValue Mining#
Hot Topic Overview
Overview
SoSoValue, a provider of encrypted market data, will launch its SOSO token mining event on January 20, and will be listed for trading on the Bybit exchange at 10 AM UTC on January 24. The Bybit Launchpool will offer a prize pool of up to 4 million SOSO tokens, which users can participate in by staking SOSO, BBSOL, and USDT. SoSoValue is expected to airdrop 49 million SOSO tokens in Q1, of which 4 million will be distributed through the Bybit Launchpool platform, 15 million will be distributed through token generation activities, and 30 million will be used for PoS rewards.
Ace Hot Topic Analysis
Analysis
Bybit Launchpool will open SoSoValue mining on January 20, offering a prize pool of up to 4 million SOSO. SOSO/USDT trading will be opened on January 24, 10AM UTC. SoSoValue will launch its token on Ethereum next week, with Bybit being the first to list it and support its expansion to other platforms. SoSoValue plans to airdrop 49 million SOSO tokens, representing 4.9% of the total supply, in the first quarter of 2025. The majority of the airdrop allocation comes from the platform’s 30% ecosystem allocation and will be distributed in three ways: 4 million via the Bybit Launchpool platform, 15 million via Proof-of-Work (PoW) token generation events, and 30 million used for Proof-of-Stake (PoS) rewards between January 25 and February 25.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SoSoValue will airdrop 49 million SOSO tokens in the first quarter of 2025, representing 4.9% of the total supply.
The majority of the airdrop allocation comes from the platform's 30% ecosystem allocation.
It will be distributed in three ways:
4 million tokens will be distributed through the Bybit Launchpool platform.
15 million tokens will be distributed through Proof-of-Work (PoW) token generation events.
30 million tokens will be used for Proof-of-Stake (PoS) rewards between January 25th and February 25th.
Bybit Launchpool will open SoSoValue mining on January 20th, offering a prize pool of up to 4 million SOSO tokens.
SOSO/USDT trading will open on January 24th at 10AM UTC.