There is currently 2.1 million SIGN tokens on the Algorand network and 4.9 million SIGN on the Solana network in circulation. Initial distribution of tokens will be but are not limited to airdrops, newsletters, social media engagement and giveaway events. The aim is to distribute it to as many active and unique users as possible which can help generate healthy activity on these networks.
By creating a newsletter which users can subscribe to and rewarding them with a small amount of tokens (eg. 5 SIGN). This method allows us to reach many users at once however there is the issue that they may not be unique and active users. Many users who subscribe to the newsletter can be bots or different accounts owned by the same user to obtain free tokens. To maximize the number of unique users, the reward can be set to only be given out if the user is still subscribed to the newsletter after a certain amount of time or after a certain number of iterations of the newsletters has been sent out. This is to prevent users from initially subscribing and unsubscribing after receiving the rewards. Another aspect to this is to provide occasional rewards to users who are long time subscribers to the newsletter. A CAPTCHA check can be added in the newsletter to ensure that the user has opened the newsletter.
Using social media platforms like but not limited to Discord and X, allows users to participate in discussions, raise ideas and be involved in the growth of tokens. Users can be awarded upon completion of a simple CAPTCHA (eg. 5 SIGN) and can be further awarded upon completing certain tasks such as providing suggestions, being involved in discussions or continuing being in discord for a certain amount of time. Users can also apply to be moderators for social media platforms to help guide discussions, provide their insights and answer questions raised by the community and they will be awarded with tokens. This helps to gather like-minded users who see the potential and growth of the network.
Simple giveaway events which small amounts of tokens (eg. 10 SIGN) can be given to small number of users (eg. 50) based on first come first serve basis can be used multiple times. Although this might not ensure a large number of unique active users, it serves to distribute tokens to a number of people who can decide to hold, use or trade it away which still serve to promote activity with tokens. This can also be held on our social media platforms which will drive activity on the respective platforms.
