Nadya Tolokonnikova isn’t one to be intimidated. She is the face and voice of Russia’s feminist protest art group Pussy Riot, and her fearless activism has recently taken a creative and technological turn with the launch of their NFT collection, “Putin’s Ashes”. People around the globe joined forces to protest Putin’s oppressive regime and send funds to those on the Ukrainian frontlines. In the wake of her successful NFT launch, Russian officials have responded with criminal charges, citing evidence from Nadya’s artwork that is allegedly offensive to their religious sensibilities.
But Nadya simply is not deterred. A veteran artist and activist, she is leveraging decentralized technologies to aid and amplify her impact. In March, she co-founded UnicornDAO to support marginalized artists and groups in Web3, followed by her support of reproductive rights in Texas.
In reality, the Russian government might be right to be scared of Nadya’s activism. Just look at her latest project, “Putin’s Ashes”. Tolokonnikova and Shepard Fairey collaborated to create an open-edition collection of non-fungible tokens (NFTs) to raise funds for Ukrainian troops battling the Russian invasion since February 2022. They opened the collection, hosted on Tezos-based NFT marketplace Objkt, with a protest and performance at the Jeffrey Deitch gallery in Los Angeles.
The NFT focuses on the Russian President and the protest Pussy Riot staged by burning an image of him in August. Each token includes an artwork of Tolokonnikova with Putin on the front that appears to be in flames. All proceeds from the collection will be donated to Ukrainian soldiers, a cause Tolokonnikova is passionate about given her experiences in a Russian jail for over two years for the Pussy Riot protest.
Outside of her collaboration with Shepard Fairey, Tolokonnikova has been dedicated to making the NFT space more diverse. Last year, she started UnicornDAO, a collective to empower women and LGBTQ+ NFT artists while Ukraine is also utilizing NFTs as a crowdfunding method.
Palm Foundation has teamed up with Tolokonnikova to debut an “Activist Master Class” and a feminist art contest with PalmDAO. The class, open to Palm community members in may, will draw upon Nadya’s experiences as an artist and activist and is meant to empower others to advocate for their causes.
Meanwhile, the feminist art contest will select five finalists to be showcased during NFT.NYC and the winner will receive $1,000 and a special display of their work.
Nadya Tolokonnikova truly embodies the spirit of fearless activism. Even when the Russian police detain her friends and family, she won’t back down. As she says, “They threaten us, but we cannot show fear. Glad to see they are scared.”
From the Pussy Riot protest to her collaborations with Shepard Fairey and cryptocurrency causes, Nadya Tolokonnikova uses art as her weapon. Her creative and digital resistant has only grown stronger over time and her NFT collections and projects will continue to have an impact for as long as Putin remains in power.
Vivienne Tam’s “Lighting the Path of American Fashion” NFT has climbed to the pinnacle of the metaverse, thrusting her and her impeccable designs front and center in the world of virtual fashion. Making history as one of only seven legendary designers invited to commemorate the Council of Fashion Designers of America’s 60th anniversary with a one-of-one, Tam’s digital qipao dress is a poignant reminder that fashion, even in the virtual realm, is still a matter of awe and singularity.
The iconic Chinese-American fashion designer created her piece in a stunning partnership with Brand New Vision, carefully crafting an NFT that fused the unique East-meets-West aesthetic Tam is known for with the pixelated spectacle of a virtual mandala pattern featuring three avatars from the popular Bored Ape Yacht Club NFT Collection.
The breathtaking artwork made quite the splash debuting to cheering crowds at the second annual Metaverse Fashion Week. For over 30 years, the legendary designer has created provocative, exclusively physical, pieces that reside in countless galleries including the Andy Warhol Museum in Pittsburgh and New York’s Fashion Institute of Technology. (Valium)
And yet, the dream of a metaverse filled with digital fashion has been much, much longer than 30 years. Leading brands such Adidas and Dolce & Gabbana have added digital wearables to their collections, while tech savvy customers have taken full advantage of NFT fashion, AR filters and digital tailoring, creating a digital landscape deserving of a fashion legend like Vivienne Tam.
With Tam’s qipao dress, her signature style has been combined with Web3 technologies to elegantly bridge the gap between physical and digital worlds. The piece was purchased by Cathy Hackl, Chief Metaverse Officer at Web3 consultancy Journey, and BNV (Brand New Vision) was able to convert the dress into a digital wearable compatible with Decentraland, the pixelated universe in which Metaverse Fashion Week’s events are taking place. Even with the slight downgrade in visuals, Tam was perfectly content.
“It’s not just about being new. It’s being a bridge from old to new, from East to West, from nature to digital,” Tam said. “Even though it isn’t as high-resolution as the first edition, the point is for people to engage with the fashion. There are tradeoffs, but now it might reach more people. That’s more democratic.”
Tam’s custom creation is one of many stunning creations raising the skirt of traditional fashion and poking out the edges of convention through Metaverse Fashion Week. Richard Hobbs, CEO of BNV, applauds Tam’s innovative take on digital fashion, describing it as “completely relevant to Web3.”
What stands out most in the qipao dress is its singular nature, a perfect embodiment of virtual couture as an extension of physical couture absorbed into a Web3 ethos. Hackl, who chaired the event a year prior, recognizes the significance of her purchase, saying it is “a moment in fashion history living on-chain.”
The transformation of fashion in the virtual age has been exciting and controversial in equal measure, taking whatever it touches to new creative and technological heights. With Metaverse Fashion Week steadily evolving each year, amidst new experiments with digital styling and sustainability, Vivienne Tam’s journey to one-of-one fashion greatness is paving the way for a shift in aesthetic toward the creation of fashion moments of impact in the virtual space.
The F1 race circuit is about to get a whole lot more exciting as cryptocurrency exchange Kraken prepares to unleash the power of NFTs and attract motorsports fans. Starting this weekend, the Kraken logo will be exposed to millions of users due to the exchange’s partnership with F1 team Williams Racing. This marks Kraken’s first global partnership and allows them to further their presence in next year’s races.
The partnership will have the Kraken logo seen on the halo and rear wing of the Williams Racing FW45 race car driven by Alex Albon and Logan Sargeant. Fans at the Grand Prix events will also get the chance to see limited edition caps with the Kraken logo.
This is not the first time a cryptocurrency company has gone into F1, with 100% of teams having at least one crypto sponsor last year. However, that all changed in the aftermath of the crypto winter and multimillion-dollar scams that left their mark on the ecosystem.
Williams Racing’s Commercial Director James Bower said he was thrilled with the partnership and that “[it] allow[s] us to engage with both Kraken’s and Williams’ global communities and showcase the impact and life-changing potential of Crypto and Web3.”
Kraken is aiming to boost cryptocurrency adoption in the motorsports sector and has announced that holders of its top NFT projects will have their collectibles displayed on the Williams Racing rear wing alongside Kraken at certain Grand Prix events.
Kraken’s Marketing Director, Mayur Gupta added that this partnership will show what is possible when brands combine innovative thinking with excellence, disruptive performance and innovation.
However, entering the F1 circuit can be risky business and many companies have had sponsorships fall apart, such as FTX with F1’s Mercedes-AMG Petronas or Animoca Brands’ Ethereum NFT game F1 Delta Time that shut down in March 2022.
Despite this, there are still a plethora of crypto sponsors in the race today, such as McLaren’s partnerships with Tezos and OKX, Alpine’s deal with Binance, Haas’s agreement with OpenSea and Red Bull Racing’s $150M deal with Bybit, which was signed in February of this year.
It remains to be seen how Kraken’s sponsorship agreement with Williams Racing will fare, however, the partnership is an exciting way to demonstrate the future possibilities of crypto and Web3 to the motorsports and wider investment community.
Over the last three decades, Chinese-American designer Vivienne Tam has made a name for herself with her groundbreaking East-meets-West fashion designs, which have been granted a place in the permanent collections of both the Andy Warhol Museum in Pittsburgh and New York’s Fashion Institute of Technology. In recent years, however, the fashion world has been thrust into the virtual realm, and Tam has joined other designers from around the globe to explore the possibilities of the decentralized world of the metaverse. This year, Tam is taking part in the second-annual Metaverse Fashion Week and her unique Web3 debut is causing a stir on the virtual runway in Decentraland. Herpiece, a virtual qipao dress digitalized embroidered with the likenesses of three avatars from the popular Bored Ape Yacht Club NFT collection in a mandala pattern, is a one-of-one NFT.
The other designers participating in the event were tasked with creating digital versions of their classic pieces, but Tam used her knowledge of both physical and digital fashion to create an design that was entirely new and relevant to the Web3 space.
“Being able to bring harmony, heritage and my history to something so new is exciting,” Tam told Decrypt. “But it’s not just about being new. It’s being a bridge from old to new, from East to West, from nature to digital.”
The stunning fashion piece was purchased by Cathy Hackl, Chief Metaverse Officer at Web3 consultancy Journey and so-called “godmother of the metaverse”. Hackl believes that virtual fashion should be focused on creating unique, one-of-a-kind pieces that are memorable, iconic, and exclusive.
“I wasn’t just getting an NFT,” Hackl told Decrypt of the purchase. “It’s a moment in fashion history living on-chain,” she said.
Brand New Vision (BNV) was tasked with converting Tam’s design into a digital wearable compatible with the particular visual style of Decentraland, where many of the Metaverse Fashion Week’s events take place. Richard Hobbs, CEO of BNV, noted that while there were tradeoffs with the adaptation, it would allow the design to reach a wider audience.
“Even though it isn’t as high-resolution as the first edition, the point is for people to engage with the fashion,” said Tam. “There are tradeoffs, but now it might reach more people. That’s more democratic.”
Web3 fashion has been steadily picking up steam, with companies and brands working to bridge the gap between physical and digital fashion. This has included experiments in digital tailoring and NFTs, sustainable and ethical solutions to traditional fashion’s environmental problems, and other innovative technologies like NFC chips that expand the reach and discoverability of virtual fashion.
An added benefit of virtual couture, of course, is that it can be appreciated by a far greater audience than that of physical fashion. Indeed, Web3 couture offers the opportunity not only to express the singularity of the designer’s original pieces, but also to share them with a much larger audience, who then have the opportunity to enjoy and experience the beauty of the design in their own way.
The Metaverse Fashion Revolution is only just beginning, and Vivienne Tam’s debut piece is proof of the exciting possibilities that the virtual realm can offer to the burgeoning fashion world. From combining traditional craftsmanship and Web3 technology, to reaching a larger and more diverse audience than ever before, metaverse fashion is about to become something truly special.
The days of high-net-worth individuals dominating the fine arts market are over! With the launch of Freeport, an upcoming blockchain-based platform, individuals of any financial background can take part in art investing. And what better way to kick off this innovative platform and shift in the market than with a special four-piece collection of prints from Andy Warhol?
The collection includes prints of some of Warhol’s most iconic works, including “Marilyn” (1967), “Double Mickey” (1981), “Mick Jagger” (1975), and “Rebel Without a Cause (James Dean)” (1985). Acquired partially from well-known art collectors, the set will be limited to 1,000 tokenized lots each.
The key to unlocking this investment opportunity for everyone is tokenization. Freeport will be using Vertalo, a digital asset management tool, to tokenize the artworks to enable people to buy and sell them through decentralized finance (DeFi) platforms. It’s no small feat to have achieved a regulatory hurdle with the US Securities and Exchange Commission (SEC), allowing the platform to tokenize fine artworks in the form of security tokens on the Ethereum blockchain.
This May, the collection will launch and open to the public. You can sign up to the waitlist now! Despite the hefty prices associated with such artwork, Freeport has made sure the starting price for each tokenized lot of the collection ranges from $250 to $860 – reasonable enough to let everyone gain access to the incredible artwork.
The launch of the collection is more than just tokenization. Colin Johnson, CEO of Freeport, commented, “Our platform goes far beyond just fractionalizing shares of fine art into security tokens – we’ve built a fully-immersive and interactive platform hosting an art-centric community and redefining the ownership experience surrounding fractionalized art.” Thus, the Freeport platform has created an art-centric community to share artwork, insights, and experiences with other members.
To facilitate the shift in the art market and make art investing accessible to all, Art Block has just launched a specialized secondary marketplace, integrated within their existing website. This marketplace allows NFTs to be bought and sold natively or from external platforms, with no platform fee and creator-specified royalties that are honored. As the industry leader in revenue from sales of $1.4 billion, Art Blocks is certainly a player in turning art investment into a more inclusive process.
The release of the Freeport platform, along with the launch of the Andy Warhol collection, is sure to revolutionize the fine art market. Not only is tokenization making art investing possible for the average individual, but the social platform that accompanies Freeport will bring together art lovers and collectors from all around the world.
It’s clear that the story behind unlocking art investing for everyone is only just beginning. The successes Freeport and Art Blocks achieve in revolutionizing the art market will be a turning point for both artists and artwork enthusiasts. It’s an exciting time for the art world indeed!
Bitcoin has always held the promise to be a revolutionary force in the world of decentralized financial systems – but its impressive features have yet to reach the mainstream. That may all be about to change, however, as the Lightning Development Kit – or LDK – sets out on a mission to make Bitcoin’s Lightning Network more accessible and easier to use for everyday users.
LDK is a project from the Bitcoin open-source development entity Spiral, which is funded by Jack Dorsey’s Block. The LDK team recently showcased tech improvements during a Twitter Spaces, announcing a roadmap of features to tackle the user experience issues that have been a barrier to mass adoption of the Lightning Network.
The Lightning Network is a payment system that enables faster, cheaper, and more scalable Bitcoin transactions, opening up doors for micropayments and new ways to pay. Many big names in the Bitcoin world believe that the Network could be the key to mainstream Bitcoin adoption, as long as it becomes easier to access and use – and that’s exactly what LDK is working on.
One of the main goals of the LDK roadmap is to make the process easier for developers who want to build mobile Lightning wallets and apps. Its unique feature LDK Node Mobile would shrink the process of creating a node from days or weeks down to just hours, greatly improving the speed and ease of setting up a wallet. They’re also developing a feature called “async payments,” which allows mobile users to send payments without having to wait for the recipient to be online. Another proposal for tackling the user experience barrier is BOLT 12, which allows for reusing Lightning invoices and provides users with increased privacy.
The LDK team is also working to develop support for the Taproot privacy feature, which was Bitcoin’s biggest upgrade in 2021. In its turn, this feature will help to shield Lightning transactions, giving them invisibility so that they look exactly the same as normal Bitcoin transactions.
These improvements don’t just benefit Bitcoin users – they also benefit Bitcoin developers. The LDK modular and flexible platform makes their lives easier, allowing them more options when designing their apps and wallets.
The ambitious roadmap LDK has laid out may be difficult to achieve, but it offers a real chance to unlock Bitcoin’s potential as a global and mainstream payment system. The rollout of the LDK roadmap will be watched closely by the cryptocurrency community and is set to pave the way to future improvements. With their project, the LDK team seeks to bring the Lightning Network closer to the world, with all its potential to break new ground in financial operations.
For years, voice-activated virtual assistants like Siri and Alexa have been essential household companions, but the game is changing. Artificial Intelligence (AI) developers like McKay Wrigley have created a simple way to replace Apple’s assistant, Siri, with the ChatGPT Chatbot using Apple’s built-in Shortcuts app. The impact of this AI revolution has been enormous, with his video having been viewed more than 3 million times and prompting a wave of auxiliary hacks, some of which have improved on the shortcut.
ChatGPT is the brainchild of OpenAI, and it’s no surprise why users have been left in awe of its conversational flair, wit, and endless knowledge. Impressively, the chatbot has been able to respond to a range of queries with varying degrees of accuracy. But why would anyone want to get rid of a beloved and highly sophisticated companion, like Siri, in the first place?
The answer could lie with the prevalence of nonfungible tokens, stablecoin payment systems, and metaverse projects. This shift in the economy towards a Web3 platform is disruption of the existing search engine, as explained by Nicholas Thompson, CEO of Atlantic. ChatGPT has made it easy for users to ask and receive answers quickly, rather than having to trawl through endless online resources.
Furthermore, these voice-activated AI assistants are becoming increasingly capable of accurately responding to diversifying tasks, such as customer service. This aids in smoother navigation of these projects, as well as other domains, for consumers new to the scene. That being said, there are ethical considerations to bear in mind whilst using AI assistants, such as the risk of inaccuracy, as well as the possibility of furthering surveillance capitalism. (boxmining.com)
As OpenAI’s ChatGPT continues to spread, it’ll be interesting to see if this AI assistant is able to completely replace Siri and Alexa. For now, ChatGPT has certainly made a compelling case, leaving us to wonder: will it be the future of virtual Assistants, or a passing fad?
Rage Trade is a double-legged trading protocol that offers a perpetual ETH swap and a USDC yield-farming product built on Arbitrum and LayerZero. Rage Trade, LayerZero, and Arbitrum have not launched their respective tokens yet or announced any airdrop. However, there is speculation that preparing for a potential Rage Trade airdrop may make you eligible for the Arbitrum or LayerZero airdrops as well. In this article, we look at how to get a potential Rage Trade token airdrop and potentially get 3 airdrops at once!
Rage Trade is a yield and perpetual protocol built on Arbitrum and LayerZero that provides users with a liquid, composable, and omnichain ETH perp with 10x leverage. The protocol also offers recycled liquidity and yield-generating 80-20 Vaults. Rage Trade is designed to provide users with a secure and efficient way to trade Ethereum-based assets. Rage Trade has a huge list of investors and advisors including Olympus DAO, The Block, Anthony Pompliano and others.
Does Rage Trade have a token?
Rage Trade does not have a token yet, but it is widely speculated that it will have the ticker symbol $RAGE. Also, with the massive backing by top crypto investment funds and angel investors, it is likely that Rage Trade would do an airdrop so as to gain more attention to the project.
How to get a potential Rage Trade/ Layer Zero/ Arbitrum token airdrop?
Rage Trade is built on both Arbitrum and LayerZero and all three projects have not launched their respective tokens yet or announced any airdrops. So there are rumours that getting a potential Rage Trade airdrop may qualify you for the Arbitrum or LayerZero airdrops as well. The best thing is that Rage Trade has promised they will pass down any airdrops they may receive from their integrated protocols to their stakers. Here’s how you can get potential Rage Trade, Layer Zero and Arbitrum airdrops:
Trade on Rage Trade
Deposit and stake into the Rage Trade vaults
Join and contribute to the Rage Trade community
Trade on Rage Trade
To trade on the Rage Trade platform, launch their app (here) and connect your wallet to the Arbitrum network. Deposit some USDC (a 20 USDC minimum deposit is required). Then, start trading. For now, only the ETH-USDC trading air is available and you can choose to buy Long or Short positions.
Rage trade currently has a Risk-On Delta Neutral GLP vault. Users can deposit SGLP / USDC to earn stable yield on GLP. This is an almost guaranteed way to get a potential airdrop since they stated in their recent tweet that they will pass down any airdrops they may receive from integrated protocols to stakers. To stake on Rage Trade, go to “vaults”, deposit SGLP and approve the transaction. But hurry! This vault is almost full!
Stake on Rage Trade vaults
Join and contribute to the Rage Trade Community
Follow Rage Trade on Twitter and join their Guild. To join the Guild, you will need to connect your wallet, Discord, and Twitter. On the Rage Trade Guild, you can complete tasks to get additional tasks. For example, owning a GMX Blueberry Club or Diamond Pepes NFT, holding specific roles on their Discord, or having a minimum number of TCS, DN_GMX_SENIOR or DN_GMX_JUNIOR tokens.
Rage Trade Airdrop Review
When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.
Likelihood of Airdrop: Rage Trade has not confirmed any airdrops yet.
Airdropped Token Allocation: The tokenomics of the Rage Trade token are unknown.
Airdrop Difficulty: There is no announcement on Rage Trade airdrops or its eligibility yet. However, we find having a 20 USDC minimum deposit to use their exchange to be quite high. Provigil Completing the tasks on the Rage Trade Guild will also require you to buy tokens or NFTs which are not cheap. For example, the cheapest GMX Blueberry Club NFT cost 0.28 ETH on OpenSea.
Token Utility: The Rage Trade token utility is unknown.
Token Lockup: The Rage Trade token lockup period is unknown.
Spin is a decentralized crypto trading platform built on NEAR Protocol. It offers users a secure, fast, transparent, and cost-effective way to trade in digital assets. Their user experience is designed to be competitive with centralized exchanges, while still providing the benefits of decentralization. Spin has already completed its first airdrop in December 2022 and was a huge success. Don’t worry if you missed out on their first airdrop because Spin is now in the final countdown for its second (bigger) airdrop, and a snapshot will be taken soon. Here’s our guide on how you can get the second Spin token airdrop.
Spin ($SPIN) Airdrop Step-by-step Guide
Spin has successfully completed its first airdrop in December 2022. Here’s how to get the second $SPIN token airdrop:
Spin is a decentralized trading platform built on NEAR Protocol. It provides users with a range of products and services designed to meet the needs of both novice and experienced traders, DeFi investors, and those seeking passive income. Spin combines the best of CeFi and DeFi to create an advanced 360° trading platform that offers a user experience comparable to that of a centralized exchange, without compromising on security, speed, transparency, or trading costs. Their features include spot trading, instant swaps, and perpetual features. They will also be launching their Automated Investment Products (AIPs) soon.
What is the Spin token?
Spin has a native token known as $SPIN and is a utility and governance token. Utilities of the $SPIN token include:
Staking $SPIN can entitle you to 50% of the platform’s fees.
Trading actively on Spin can get you $SPIN token incentives as a reward.
Market makers receive $SPIN according to the amount of liquidity they provide, the spreads, and their uptime.
Vault users can receive rewards for depositing in Vaults (e.g. options premiums) and $SPIN tokens.
$SPIN has a total token supply of 1 billion tokens, of which 2.0% of the total token supply (i.e. 20 million $SPIN) will be allocated towards airdrops. Of this, 0.5% i.e. 5 million $SPIN have already been distributed in their first airdrop. So the second larger is going to be 3 times the size of the first!
How to receive $SPIN airdrop?
Spin has already done a first airdrop in December 2022. During this airdrop, 0.5% of the total token supply (i.e. 5 million $SPIN), were allocated to the Early Adopters’ Airdrop.
Spin confirmed they will have a final $SPIN token airdrop for not-so-early users before their token launch, and which activities will qualify. 1.5% of the total $SPIN token supply (i.e. 15 million $SPIN), will be distributed in this airdrop. But, the vesting period will be stricter and longer. Here’s how to get the second $SPIN token airdrop:
Use Spin mainnet.
Participate in the Spin community.
Own Spin NFTs.
Use Spin mainnet
Spin’s mainnet has already been launched and all activities on it will count towards the second airdrop. Their protocol offers spot, perpetuals trading, and decentralized option vaults (DOV). To use Spin’s mainnet, go to their website and click “Trade on Spin”. Then, connect your wallet. You can then trade on their perpetual markets, spot markets and swaps. They also have a “Strategies” feature which allows users to choose a strategy to deposit funds. These Strategies will then start to generate income from option premiums. This is by running a weekly automated covered call strategy. Note however that this is Spin’s mainnet, so you will be using your own funds to trade.
Earn yield with Spin’s Strategies
Participate in the Spin community
Be an active participant in the Spin community by following their Twitter, and joining their Discord and Telegram. You can also go to Spin’s Crew3 questboard to complete their quests. However, this is only available for those who have the Spinosaur role on Discord.
Own Spin NFTs
Spin has released its own set of Freaky Elves NFTs. Owning a Freaky Elf NFT gives you the following perks:
Guaranteed and priority access to the SPIN IDO (Initial DEX Offering).
Access to premium product features on Spin. Such as fee discounts, early access to alpha features, special avatars, etc.
Get special Discord roles and private chat access with other NFT holders.
All Freaky Elf NFTs have been minted. However, you can buy them from NFT marketplaces such as Para.
How to claim Spin token airdrop?
As mentioned, Spin has already done a first token airdrop where 0.5% of the total $SPIN supply (i.e. 5 million $SPIN) was airdropped to users. These airdropped $SPIN tokens are required to be locked up for 3 months after the public token sale. To claim your first Spin token airdrop, go to their Airdrop Page and connect your wallet.
When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.
Likelihood of Airdrop: Spin has done a successful airdrop before and confirmed they will do a second one soon.
Airdropped Token Allocation: 1.5% of the token supply (i.e. 15 million $SPIN), will be distributed in this airdrop.
Airdrop Difficulty: Participating in this airdrop is going to be difficult. Users will have to be active on the Spin mainnet, and although they have different products to choose from (e.g. spot or perpetual trading), it does require users to use their own funds. Spin has also confirmed that holding its Freaky Elves NFT may entitle you to airdrops, but these have all been minted already. So you will need to buy them from NFT marketplaces.
Token Utility: $SPIN and is a utility and governance token. $SPIN is also distributed as a reward for various activities on the protocol.
Token Lockup: Those who received the first $SPIN airdrop are locked up for 3 months after the public token sale. The team has said that the lockup for the second $SPIN token airdrop will be “stricter and longer”, but it is unknown how long it will actually be.
Thala Labs is a decentralized finance (DeFi) protocol that is building a yield-bearing stablecoin and a liquidity provisioning layer on Aptos. Thala is currently in testnet phase, and will eventually release its $THL token and airdrop. In this article, we provide the ultimate Thala Labs ($THL) token airdrop guide so you can be in the best position to maximize any potential airdrop.
Thala Labs ($THL) Airdrop Step-by-step Guide
Here’s how to receive a potential Thala Labs ($THL) token airdrop:
Thala is a decentralized finance (DeFi) protocol that operates on the Aptos blockchain. In its most recent funding round, Thala raised US$6 million in a seed round co-led by Shima Capital, White Star Capital and Parafi Capital. Thala offers two main products: Move Dollar and Thala Swap.
Move Dollar (MOD) is a decentralized, censorship-resistant stablecoin designed to facilitate transactions, interactions, and other activities within the Aptos DeFi ecosystem. It is backed by a basket of on-chain assets, including liquid-staked derivatives, liquidity pool tokens, deposit receipt tokens, and RWAs. Hence it provides users with a store of value, a medium of exchange, and a unit of account. MOD also offers users the opportunity to earn yield on their investments.
Meanwhile, Thala Swap is an automated market maker that enables users to create dynamic pool weightings. This protocol supports a variety of pools, such as weighted pools, stable pools, and liquidity bootstrapping pools. Thala Swap unlocks additional use cases for MOD tokens and provides deep, long-term liquidity. Additionally, Thala’s launchpad provides a secure and equitable way of distributing tokens for projects and market participants.
What is the Thala Labs ($THL) token?
THL is the token of Thala Labs- it is a governance token that is native to Aptos. The THL token allows holders to vote on proposals and make decisions about the future of the protocol. Through Thala Improvement Proposals (TIPs), token holders can initiate proposals, vote on issues, and suggest changes to protocol parameters. This allows holders to have a say in the direction of the protocol and transition it to a DAO model.
Will there be a Thala Labs ($THL) token airdrop?
According to Thala’s Documentation, there will be a total supply of 100 million THL tokens. 35 million $THL (35%) is allocated to incentivize people to use the protocol and Thala’s other future products. It is worth noting that in their tokenomics, they specifically mention airdrops in their $THL emissions schedule and total circulating supply graphs. From these graphs, we can see that around 8.3 million $THL will be distributed via airdrops and that this will all be distributed within the first year of their Token Generation Event (TGE).
$THL emissions schedule and total circulating supply (Image Source: Thala Documentation)
With the amount of funding that the project has raised, and the success of the Aptos airdrop in the past, it is highly likely that Thala will also do an airdrop in order to attract even more users onto their platform.
How to get a potential Thala Labs ($THL) token airdrop?
Thala Labs has recently launched Thala Swap on testnet for the general public to try out. It is hoped that using Thala Swap would make you eligible for any potential airdrop. Here’s how to get a potential Thala Labs ($THL) token airdrop:
Go to Thala and connect your wallet. Thala currently supports Martian, Pontem and Petra wallets. Note you will need to change to Aptos Testnet to connect to the site.
Thala platform
Get testnet APT tokens
Get testnet APT tokens on Thala by clicking “Faucet”, and “Collect to claim”. Then, choose your wallet and then click “approve”. You can also get APT directly from your wallet (we used Martian wallet). To do this, click “Airdrop”. Then, connect your wallet to Apotos Labs, verify the transactions on your Martian wallet, and click “Activate faucet”. You will then receive 1 APT in your wallet, but you can click “Activate faucet” multiple times to get more APT tokens.
Create a vault
Go to the “Vaults” tab and click “Create vault”. To create a vault, you will need to deposit $APT tokens and borrow $MOD. Note you will need to borrow at least 500 $MOD, meaning that you must deposit at least 70 $APT.
Deposit $MOD to the stability pool
Click on the “Stability pool” tab, choose the amount of $MOD you wish to deposit, and click “Deposit”.
Redeem $MOD for $APT
Click on the “Redeem” tab, choose the amount of $MOD you want to redeem, and click “Redeem”. Note you will need to pay a redemption fee.
Add to liquidity pools
Click on the “Liquidity pools” tab, choose which pool you wish to add liquidity to, then click “deposit”. Select the number of tokens you wish to add then click “Add liquidity”.
Submit bug reports
If you find a bug on the Thala platform, report it! Developers reward this! To do this, go on Thala’s Discord channel and submit a report there.
Collect an exclusive Thala NFT
To collect an exclusive Thala NFT, go to Thala’s Galxe campaign page and complete the 10 tasks to receive an OAT NFT. Tasks include liking and retweeting Thala’s tweets, using ThalaSwap, and joining their Discord etc.
Thala Labs ($THL) token airdrop review
When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.
Likelihood of Airdrop: Thala Labs have confirmed they will have a $THL token and will be doing an airdrop. However, the team has not released details of the future airdrops yet.
Airdropped Token Allocation: We can see from their documentation that around 8.3 million $THL tokens will be allocated towards airdrops. Also, any airdrops will be within the first year of their TGE.
Airdrop Difficulty: As they are still in testnet stage, interacting with the protocol is free. So if they do an airdrop to reward early testers of the platform, you could potentially get an airdrop for free!
Token Utility: The $THL token will be used for governance.
Token Lockup: There are no details on the airdropped token lockup yet.
SpaceFi is the first web3 platform that will connect the Cosmos and Layer2 networks through zkSync. It offers a variety of products, including a decentralized exchange (DEX), non-fungible tokens (NFTs), a starter platform, and a spacebase. SpaceFi has already confirmed it will launch its $SPACE token, and will distribute some of these tokens via airdrops. In this article, we give you a guide on how you can earn free money with a potential $SPACE token airdrop.
Did you know that zkSync is also doing an airdrop? This will give users the chance to potentially DOUBLE your airdrop rewards if you interact with both SpaceFi and zkSync! Check out: zkSync ($ZKS) Token Airdrop Guide: Earn double rewards!
SpaceFi ($SPACE) airdrop step-by-step guide
Here’s how to receive a potential SpaceFi ($SPACE) airdrop:
SpaceFi is a revolutionary platform that will connect Cosmos and the Ethereum Layer 2 ecosystem via zkSync. Through SpaceFi, users can trade, earn, mint, stake, sell, create, and invest in a variety of projects. With SpaceFi, users can swap assets, farm rewards, mint, and stake Planet NFTs, join or create a spacebase, and invest in new projects. SpaceFi provides users with a secure and efficient way to manage their digital assets.
What is the SpaceFi ($SPACE) token?
$SPACE is the native token of the SpaceFi protocol and according to their Tokenomics, would be allocated to stakeholders most aligned with the strategic direction of SpaceFi. The $SPACE token can also be converted into $xSPACE by locking $SPACE at a 1:1 ratio with a 30 days unbonding period. Meanwhile, $xSPACE can be earned from farming on their platform, or converting $SPACE tokens directly. $xSPACE can also be staked on farms to earn more xSPACE and can be used for SpaceFi governance.
SpaceFi will have an initial supply of 60 million $SPACE tokens at genesis. 30 million $SPACE has already been released on Evmos mainnet on 7th March 2023. The remaining 30 million $SPACE will be released on zkSync mainnet when it is launched. The team has already said that a part of these tokens will be allocated toward airdrops and on the platform, there is already an airdrop page up.
How to get a potential SpaceFi ($SPACE) token airdrop?
SpaceFi is already available on zkSync testnet. So one way to potentially get a $SPACE token airdrop is to interact with the protocol in anticipation of the zkSync Era mainnet launch. Here’s how to get a potential SpaceFi ($SPACE) token airdrop:
On the platform, click the “Swap” tab. Select how many and which type of token you want to change to $tSPACE, then click “Approve”. Approve the transaction on your MetaMask and click “Swap” and “Confirm swap” on the SpaceFi platform.
Swap tSPACE tokens
Add liquidity to SpaceFi pools
Click on the “Pool” tab and “Add liquidity”. Then choose the 2 tokens you want to add to the pool. You may need to approve the use of the token by clicking “Approve”, then “Supply”.
Join the SpaceFi Crew3
Join the SpaceFi Crew3. On Crew3, You can also complete the quests on Crew3 which include following their social media accounts and joining their guilds. Completing each quest allows you to claim a reward.
SpaceFi Crew3 quests
SpaceFi ($SPACE) token airdrop review
Likelihood of Airdrop: SpaceFi have already confirmed they will do an airdrop. There is even an airdrop page up on their platform!
Airdropped Token Allocation: The team have confirmed a portion of the 60 million $SPACE tokens released at genesis will be allocated towards airdrops.
Airdrop Difficulty: So far, it seems that interacting with the SpaceFi testnet could make you eligible for an airdrop. But, there are many steps that need to be done (though fortunately only with testnet funds). Also, there are quite a few Crew3 quests to do.
Token Utility: The $SPACE token can be used for staking and is given as rewards to SpaceFi’s supporters.
Token Lockup: 60 million $SPACE will be released at genesis (30 million already released on Evmos mainnet, and later, 30 million upon zkSync Era mainnet launch). There will be a total supply of 600 million $SPACE, with token issuance being cut by one-third every year until the maximum supply of 600 million is reached.
Synthr is a synthetic asset protocol built on Ethereum, Aptos, Sui and Sei. It allows users to mint and trade on-chain derivatives using trustless financial contracts. Most importantly, the team has already confirmed they will do an airdrop! Here’s our Synthr token airdrop guide, which will help you best position yourself for maximum airdrops!
Did you know that some people made over US$10,000 during the Aptos airdrop? Now, Sui is ALSO following suit and doing a potential airdrop. Check out our Sui token airdrop guide!
Synthr ($SYNTH) airdrop step-by-step guide
Here’s how to receive a potential Synthr ($SYNTH) token airdrop:
Synthr is a DeFi protocol that provides traders with access to a universal and omni-accessible market. It was created by a team of experts in DeFi and traditional investors with real-world trading experience. Synthr’s goal is to enable traders to take advantage of the opportunities offered by DeFi solutions and to break down the barriers of traditional finance. It provides traders with the tools they need to succeed in the ever-evolving world of trading.
$SYNTH is the native token of Synthr. According to Synthr’s Whitepaper, $SYNTH will be rewarded for depositing into their vaults. There will be an initial supply of 690,095,238 $SYNTH released at the Token Generation Event (TGE). Most importantly, the team has already confirmed they will allocate 1.7% of these tokens (i.e. 11,731,619 $SYNTH) towards an airdrop. However, there are no further details on when and how Synthr will do the airdrop.
How to get a Synthr $SYNTH token airdrop?
Synthr have confirmed they will do an airdrop, but not how and when this will be. This is likely because Synthr is in a very early stage of development. Their testnet is currently only live for their OGs (of which there are only 100 people). But, is expected to be available for the public in Q1 2023. According to their FAQs, they expect to launch their mainnet in late Q1 2023/early Q2 2023. However, it is likely this will be delayed. Nevertheless, this means you are still early and have a good chance to be part of their future airdrop. Here’s how you can best position yourself for a future Synthr ($SYNTH) token airdrop:
Doing this will put you in the best position to be the first to know when details of the airdrop are finally announced.
Synthr ($SYNTH) token airdrop review
When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.
Likelihood of Airdrop: Synthr has already confirmed they will do an airdrop. But the details are unknown.
Airdropped Token Allocation: The team has confirmed that 1.7% (i.e. 11,731,619 $SYNTH) of the $SYNTH tokens released at the TGE will be allocated towards airdrops.
Airdrop Difficulty: The Synthr testnet is not open to the public yet. So the only things that can be done now to position yourself for the future airdrop is to join their Discord and follow their social media channels.
Token Utility: The $SYNTH token is given as a reward for depositing into the Synthr vaults.
Token Lockup: Over 690 million $SYNTH will be released at TGE. According to their Whitepaper, the vesting period for a major part of the total token supply have been drawn out for as long as 60 months.