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The AI-focused blockchain network, Swan Chain, recently garnered attention with impressive on-chain metrics. According to the official Swan block explorer, the total account count on the network has surpassed 150,000. The number of daily active accounts has exceeded 42,000, and the daily transaction count has surpassed 130,000 in the last 24 hours. Furthermore, the total value of assets locked on the network has increased by an astonishing 1,283% since the initiation of on-chain interactive activities.
Token Launch and Airdrop Plan
To complete the final phase of its economic model, Swan Chain plans to launch the SWAN coin in the second half of this year. Notably, 20% of the project’s token economic model has been allocated for an Airdrop. This move aims to encourage widespread participation and user engagement within the network.
Currently, users participating in on-chain commercial activities stand a chance to earn Airdrop rewards following the upcoming token generation event (TGE).
Financial Support from the Optimism Foundation
Additionally, Swan Chain recently received financial backing from the Optimism Foundation, amounting to 500,000 OP coins (approximately $750,000). This investment will serve as a crucial driving force for the continued development of Swan Chain.
This support is expected to enhance participation from developers and users within the ecosystem, further contributing to the growth of on-chain activities.
With its AI-driven blockchain approach, Swan Chain is rapidly becoming a significant player in the sector. The swift increase in user numbers and the bolstered on-chain activities through financial support highlight the project’s strong growth potential in the future. The blockchain network’s expansion is anticipated to accelerate following the launch of the SWAN coin.
