Sidekick Foundation (Sidekick Labs) is a decentralized non-profit organization focused on promoting the development of the LiveFi (Live Finance) ecosystem. It combines live streaming with blockchain technology to create a highly interactive decentralized economic system, providing new gameplay for content creators (Kickers), viewers (Sidekickers), and project parties. The core concept is 'Attention as an Asset,' incentivizing all participants in the ecosystem through the native token $K to build an on-chain live streaming economic model. The Sidekick platform combines TikTok-style short video streams, live monetization mechanisms, and on-chain transactions, supporting multiple public chains like Solana, BNB Chain, and Base, allowing users to watch live streams while directly trading, tipping, or participating in airdrops for a full experience!
$K Token Core Functions
$K Token is the lifeblood of the Sidekick ecosystem, driving the following six major functions:
1. Real-time Tipping: Viewers use $K to send gifts to streamers, enhancing the interactive experience, with on-chain settlement for transparency and efficiency.
2. Privileged Access: Holding $K unlocks exclusive live broadcasts, VIP rooms, and priority for grabbing lucky bags, and staking $K can provide deeper content access and exclusive benefits.
3. Staking and Subscriptions: By staking $K, users can enhance content exposure, unlock additional rewards, and participate in creator-customized loyalty programs.
4. Creator Monetization: Streamers earn $K through tips, follows, and subscriptions, and can initiate token threshold activities or exclusive airdrops for diverse monetization methods.
5. Creation Proof Rewards: Active content creation and community contributions can earn $K rewards, incentivizing a prosperous creator economy.
6. Decentralized Governance: $K holders can propose and vote on platform upgrades, incentive models, and the future development of Sidekick, gaining a voice in decision-making.
$K Token Distribution and Economic Model
Total Supply: 1 Billion Tokens
Initial Circulating Supply: 111.33 Million Tokens (11.13%)
Distribution Ratio:
Ecosystem Growth: 20%
Long-term Community Incentives: 20% (including airdrops and other activities)
Liquidity Incentives: 4%
Foundation Reserve: 16%
Advisors: 5%
Core Contributors: 15%
Investors: 20%
(Tokens for investors, advisors, and core contributors have a 12-month lock-up period, followed by a 24-month linear unlocking)
Team and Investor Background
Although specific member information of the Sidekick team has not been fully disclosed, their technical capabilities and cross-industry experience (blockchain + live streaming + fintech) have been recognized by the market. The project is backed by prominent investors, boasting an impressive lineup:
YZi Labs (formerly Binance Labs): Provides funding and market resources, aiding $K's launch on Binance Alpha (expected August 8, 2025).
Solana Foundation: Provides technical and financial support to ensure efficient and low-cost on-chain live trading.
Altos Ventures: Invested $4.5 million in July 2025, optimistic about LiveFi potential.
Fenbushi Capital: Asia's top blockchain fund, aiding Sidekick's market expansion.
HashKey Capital: Provides strategic support for promotion in the Asian community.
Funding Situation: Publicly disclosed funding includes $4.5 million from Altos Ventures (July 2025). Additionally, institutions like YZi Labs and Fenbushi Capital have participated in multiple rounds of undisclosed financing, with total funding speculated to reach tens of millions of dollars. These funds are mainly used for:
Platform Development (multi-chain compatibility, live trading feature optimization)
Community Incentives (points airdrops, $K rewards)
Marketing Promotion (Binance Alpha launch, community activities)
My Opinion: Sidekick's LiveFi concept is innovative, combining live streaming with on-chain transactions to capture the Web3 trend, backed by heavyweights like Binance Labs and Solana, with a solid project background. Personally, I believe $K has the potential to become a dark horse, potentially performing surprisingly like $M, making it worth paying close attention to! Friends who haven't followed me yet, please do so quickly! I will continue to keep everyone updated on project dynamics, analyze airdrop potential, and help you decide whether to dive in. $K will be listed on Binance Alpha tomorrow, and I will notify everyone immediately after the specific time is announced, so don’t miss the opportunity!
