Leviathan News is running recurring on-chain auctions for a “SQUID Pass,” a weekly advertising and promotion slot sold for its SQUID points token. The latest campaign promotes live auctions for QR code placements, pinned posts, and “power perks” across Leviathan’s channels, with bids denominated in SQUID. SQUID Pass is an NFT-style access right that grants the holder prominent placements such as pinned posts on Leviathan News’ Telegram and X (Twitter) feeds for a week, allowing the winner to broadcast a message or promotion to the outlet’s DeFi-native audience. Earlier live auctions have been streamed and settled publicly, with community members like “Token Bryce” winning passes via competitive bidding rounds. Recent Leviathan communications on X indicate the auctions are time‑boxed (sometimes shortened due to scheduling) and hosted via the leviathannews.xyz auction interface. The current headline and tagline — “You don’t buy ads in Leviathan, you eat what you kill” — frame this as a performance‑driven, auction-only advertising model rather than fixed‑rate ad sales. The auctions are tightly linked to Leviathan’s SQUID/Leviathan Points ecosystem, where SQUID functions as the bidding currency and broader participation in activities like auctions is part of how the community engages with the project’s incentive and governance design. By selling advertising inventory and special perks exclusively through on-chain SQUID-denominated auctions, Leviathan is effectively turning its media attention and social reach into a token-sink and engagement mechanism, relevant for observers of tokenized media models and attention markets in the crypto/Web3 space.

AI-generated background, compiled from web sources — not editorial content.

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