Jameson Adams
191 posts

Jameson Adams
@JamesonAdams7
#bitcoin #cryptocurrency Cryptocurrency Investor | Trader | Analyst




Transparency Update on Sonic Labs Airdrop Economics. Per a community governance vote, we originally minted 190,500,000 S for airdrops and ecosystem incentives on June 19th, 2025. 🧵





This is correct. We’re doing a real reset at Sonic. Not surface-level changes, a full internal restructuring from the inside out. Leadership, strategy, BD, comms, marketing, community, and how we operate day to day. This stuff takes time. We’re going through the business issue by issue and fixing things properly, not rushing it or papering over what needs work. When this is done, Sonic will look very different from what it was before I stepped in.












As a long term supporter and ofc shilling $FTM / $S for years I have to share my opinion about the current state. It was all over the TL that @AndreCronjeTech changed his Bio and deleted his Medium articles. Many know that I also was very critical over the last 12 months which Andre didn’t like which ended up with blocking, followed by conversations and kind of finding a way to keep things the good way. This is no d!ck sucking to Andre by the way but I believe to understand what is going on here. Many don’t know, $FTM was there before Andre, they raised 20-40M promising to create the Fantom Blockchain. Andre came in and actually created the EVM Fantom Blockchain, outperforming Eth by far and than the DeFi part started in 2021 which ofc had hick ups. Mercedes Benz tests cars 5 years before they go to market, in DeFi we had 5 weeks and now 5 days if not 5hrs so ofc there will be bugs. Long story short, many people took advantage of $FTM and cashed out Millions in 2021 and some milked the protocol even harder while certain trials with Countroes fell apart due to war situations. While Luna and FTX collapsed also $FTM collapsed and the entire ecosystem. Been in a very bad bear market @AndreCronjeTech and @michaelfkong with Schulz came together to develop the next next stage, the fastest Blockchain in the World. Launched end of 2024 Sonic arrived with a rebranding from Fantom to Sonic and we got $S for $FTM While $FTM was on major exchanges the transition was very difficult and the migration didn’t go well which ofc had a price impact. $FTM was trading in November 2024 at around $1.40. Long story short, eco system strifed for a while bit the $S price were tanking and people started to critize Andre, including me. A year later, $S is trading below 10c and people still blame Andre while he said for years now, that he is not the main guy and helped with the tech. So instead of giving him shot the question is, who is running the previous Fantom and now Sonic Foundation. @michaelfkong stepped down as CEO and was replaced with @MitchellDemeter which has not really a clue of the tech while running the Sonic Strategy on the “famous”Canadian Exchange. So what is the qualification here? What is the qualification of the BD Sam and who has any qualification at all on Sonic Labs? That said, I understand Andre for pulling out since there moght be no future for Sonic as a Chain and clearly not for @SonicLabs RIP $FTM and $S Really had conviction.




So people that were affected from the liquidations this caused as the hackers dumped are not worthy of compensation? Not a good time to rehash guys, would have thought after the first backlash this would have been withdrawn by now. Not to mention a 4x larger amount then was given as airdrop 2. Burn the remaining airdrop and move away from this blunder the whole minting of this airdrop caused in the first place. Start making the hard decisions to turn this ship around rather than more burden on the community that have endured enough.



Make sure to give @ResonanceFund a follow 📱 Resonance was launched by @CMCC_Global, one of Asia’s most established crypto-focused venture firms. Learn more by watching their keynote from Sonic Summit Singapore below 👇










