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NFT marketplace LooksRare, decentralized autonomous organization Gas DAO and other blockchain projects that distribute their tokens among users
Last week, the portal fees.wtf launched the distribution of its own WTF token. The service is used to view information about the cost of commissions in the Ethereum blockchain of a specific address. The airdrop of the token was carried out in proportion to the commissions spent. To participate, you need to spend from 0.05 ETH, for this you can get 30 WTF.
At the time of the release of the token, they started trading on the Uniswap decentralized crypto exchange. However, the project team did not provide initial liquidity, leaving only 2.2 thousand WTF tokens and 0.000001 ETH in the pool. The first buyer redeemed almost all of the WTF tokens, leaving only 0.01 WFT in the pool. Because of this, the price of the token soared, and one of the following buyers spent 42 ETH ($138.6 thousand) for 0.00004 WTF. A few minutes after the start of trading, the price of the altcoin collapsed by 96%, to $0.13.
To collect their airdrop, the user needs to pay 0.01 ETH ($34) to the project, not counting the commission on the Ethereum network. On this fees.wtf earned 147 ETH ($483 thousand). Also, for any transfer of WTF, including on the exchange, the project charges a commission of 4%. Due to this, the developers managed to collect about 7.6 million coins with a total value of $1 million.
On January 10, the non-fungible token (NFT) trading platform announced the start of work and the distribution of 120 million of its own LOOKS tokens. OpenSea users whose trading volume was more than 3 ETH during the period from June 16 to December 16 of last year can qualify for free coins.
LooksRare charges a 2% commission on each sale on the trading platform, which is distributed among LOOKS token holders. As of January 17, the coin is trading at $4.4.
At the end of last year, the decentralized autonomous organization Gas DAO issued its own GAS governance tokens and distributed 55% of the emission among active Ethereum users.
The cryptocurrency was received by Ethereum holders who spent more than $1.5 thousand on commissions in the altcoin network. The address snapshot for the airdrop was taken on December 26 at block # 13,880,000. Ethereum users have the opportunity to receive GAS tokens until May 1, 2022.
The OpenDAO project has launched a free distribution of SOS tokens for all users of the OpenSea marketplace. The airdrop started on December 24, on the first day the reward was sent to 102 thousand addresses (50% of the total).
OpenSea users can claim their tokens until June 30, 2022, this can be done on the official website of the project. The number of coins for each user depends on his activity on the NFT marketplace – the number of transactions and trading volumes in Ethereum, DAI or USDC.
Analytical service DappRadar issued its own tokens and distributed some of them among users. The new RADAR altcoin will be used in project management, as well as to pay for services within the service. Holders of 5000 RADAR and more, as well as liquidity providers of the ETH-RADAR pool on SushiSwap will have access to the premium version of the DappRadar PRO program.
8697 RADAR can be obtained by users who have an account on DappRadar with a connected wallet, and have also interacted with at least one decentralized application on the Ethereum blockchain in the last six months.
5798 RADAR will be received by users who have interacted with at least one decentralized application on the Ethereum blockchain over the past six months and at least 10 dapps since the wallet was created.
The project team explained that in this way they want to encourage community members who actively used the platform before the announcement of the release of tokens. To receive a reward, you must pay a commission. The distribution of tokens will take place until March 14, 2022.
In total, 10% of the total RADAR emission was allocated for the airdrop. The total supply of altcoin is 10 billion. Altcoin is listed on the decentralized crypto exchanges Sushiswap and Uniswap, as well as on the centralized platform Huobi Global.
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