you don't have the cards for that

Walrus protocol and $ika network have upcoming TGEs. They're both expected to play a critical role in Sui's expansion. While $wal 's first round allocations are set, Ika's road to TGE seems a bit more mysterious following the launch of their NFT collection.

[Here's what we know 👇]

[Sui Ecosystem Airdrops]

In general, holding a few key NFT collections within the Sui ecosystem is a good strategy for airdrops.

Ika's "IKA-CHAN" is of interest as it provides

potential to earn roles as a holder, which could boost airdrop rewards dynamic level-up features for the NFT squid keys

Leveling up requires an increasing amount of Sui. As you see in the images, NFTs can have multiple evolution stages.

The exact use case for this is unknown, but I do think one of the main goals is to collect squid keys (shown in the second image)

Crypto Research by day, music producer by night. 

https://linktr.ee/kazebeat 


[Strategy]

Without clear guidelines, most of this is speculation. But knowing how other TGEs, such as Walrus Protocol, $wal are right around the corner, I think a viable strategy is to own at least one of these NFTs.

Even better is to also own at least one key.

If you wish to collect multiple keys, your ROI is likely better through leveling commons (to claim 1 key), rather than dropping a large cost up front by buying a mythic.

[Extras]

One way or another, we'll find out the utility soon!

Ika's novel 2pc-mpc allows web3 threshold cryptographic signing at scale. This will allow seamless cross chain connections to EVM chains, Bitcoin, in addition to several other key features -- this is a very valuable piece of infrastructure, to say the least. Here's to hoping for a stellar TGE :)

Make sure to check @ikadotxyz on Discord and check out their Galxe Quest: t.co/djSVkOXlkd

Ika's official collection, along with squid keys, can be found on Tradeport.