SoBit's whitelist mint allocation has surged past 90% within just one hour.
According to the bridge's official X account, ,ore than 45,000 individuals from various corners of the globe have expressed their interest in minting SOBB - this volume largely comes from major emerging markets.
SoBit operates as a cross-chain bridge, facilitating the transition from BRC-20 to Solana.
The platform's integration strategy revolves around enhancing Solana's ecosystem by introducing the value and diversity of BRC20 tokens.
Purportedly, this approach not only elevates the potential of decentralised applications (dApps) and decentralized finance (DeFi) platforms on Solana but also creates new opportunities and use cases for BRC20 token holders.
Whitelisted
Whitelisted signers gain early access to purchase SoBit's token, $SOBB, at its launch.
This approach ensures a genuinely fair launch that prioritises regular retail users over reserving tokens for venture capitalists (VCs) and institutional investors.
SoBit states that they believe they are potentially the largest whitelist campaign to date.
Just yesterday, there was also a flash giveaway by OKX Web3 wallet for SoBit's whiltelist spots.
Bitcoin Ordinals
The explosive growth of bitcoin inscriptions in 2023 was one of the reasons that propelled Bitcoin to the position of the third most popular network for NFTs.
The ordinals phenomenon even caused congestion on multiple networks, including Avalanche.