Hi SpeedThrone Community,
It’s time for another community update on the SpeedThrone project. We’ve got a few important points to cover, so let’s dive right in:
$SPEED Token Updates
Yesterday, we finally received the
$SPEED tokens initially set aside for the public sale on our launchpads. As you know,
$SPEED was listed on four different launchpads. Three of them returned the unclaimed tokens to us, but one decided to keep their tokens and moved them to MEXC—where they presumably liquidated them. This likely contributed to the sell-offs that affected our initial price action.
As previously announced, we will proceed with burning the returned token supply. More details on the exact burn mechanics will follow, so stay tuned.
$CRS Holders and Airdrops
Holders of SpeedThrone NFTs have been accumulating our community token ($CRS), and it’s now time to convert
$CRS into
$SPEED. We will publish a form where
$CRS holders can submit wallet information to claim their
$SPEED tokens.
Since this will be a cross-chain airdrop, we will need to:
Validate your
$CRS holdings on Cardano.
Validate your corresponding Ethereum wallet that will receive
$SPEED.
We appreciate your help in ensuring a smooth and secure airdrop process. Please look out for the official form and guidelines.
Tapping Game
Lastly, we’ve been in discussions with the SocialGrow team regarding the Tapping game. The developers have finalized the build, and we’re excited to kick off competitions in the first week of May 2025. More information on prizes, rules, and how to participate will be announced soon.
Thank you all for your continued support. Stay tuned for more updates, and as always, don’t hesitate to reach out with any questions or feedback.
SpeedThrone Team