The TON Foundation is preparing to give away $600,000 in TON tokens to NFT enthusiasts and traders.
In Brief
In a move to reward the community, the Open Network Foundation will be releasing 105,600 TON tokens to NFT participants on platforms like Getgems, xRare, and NFT Diamonds.
The Open Network Foundation The organization managing the Layer 1 blockchain, known as TON, has announced plans to execute an airdrop of 105,600 TON tokens, which holds a value close to $600,000. This airdrop specifically targets 2,061 users who trade or own NFTs on TON marketplaces like Getgems, xRare, and NFT Diamonds. The Open Network A snapshot for this generous airdrop was taken at 8:00 AM CEST on April 23. To be eligible, participants must have engaged with NFT trading or holding activities on the noted platforms between April 11 at 14:00 PM CEST and April 23 at 8:00 AM CEST. However, NFT collection owners, wallets without transactions, and sybil wallets do not qualify. All NFT collections on these platforms were included in the whitelist for the distribution.
The rewards structure for this airdrop is as follows: participants can earn up to 3 points for trading more than 5 NFT collections, another 3 points for exceeding 12 transactions, and yet another 3 points for achieving a transaction volume above $699. To be eligible for the airdrop, participants need a minimum of 2 completed NFT transactions during the designated period.
The rewards distribution is based on the total score accumulated. Participants with scores between 2 and 5 will receive 40 TON tokens, those with scores falling between 6 and 8 are eligible for 50 TON tokens, and participants scoring between 9 and 18 will receive 70 TON tokens.
💸 A generous $600K airdrop for NFT traders and holders! 💸
Operating as a non-profit, the Open Network Foundation relies solely on community funding, striving to represent the interests of its members by supporting various initiatives to advance TON's development. Airdrops Calendar .
Recently, the organization has been heavily involved in the rollout of the community rewards program known as 'The Open League,' which is expected to offer an impressive $115 million in value. This program is set to distribute 30 million TON tokens to users and projects engaged with the TON ecosystem.
The Foundation has also established a partnership with Hashkey Group, a cryptocurrency trading platform, to enhance the fiat integration within the Telegram wallet, while also exploring opportunities to bolster support for new projects in the TON ecosystem.
As a decentralized Layer 1 network, TON's native cryptocurrency currently trades at approximately $5.24, reflecting an 8.56% decrease over the last 24 hours, according to data gathered from ConMarketCap. uk uz uz Additionally, it's essential to clarify that the content on this page is not legal, tax, investment, or financial advice. Always invest only what you can afford to lose and seek independent financial consultations if uncertain. For more details, please refer to the terms and conditions and the support pages provided by the issuer or advertiser. MetaversePost aims for objective reporting, though market conditions can shift swiftly.
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