Collab.Land ($COLLAB) Token Airdrop Guide: How to claim

Collab.Land announced a token airdrop along with the launch of their DAO and Marketplace. The token claim starts on February 23, 2023. Here’s what you need to do to be eligible for their airdrop.

Check out our Vela Exchange Airdrop Guide and Lens Protocol Airdrop Guide for upcoming confirmed airdrops and how to get them.

Collab.Land ($COLLAB) Airdrop Claim Step-by-Step Guide

Here’s a step-by-step guide on how to claim your Collab.Land ($COLLAB) token airdrop:

  1. Go to wagmi.collab.land.
  2. Login to your Discord or Telegram account and log in to your Discord or Telegram account. If you hold a Collab.Land Membership or Patron NFT, you should first join the Collab.Land Discord and claim your role before proceeding with the token claim process.
  3. After the video, there will be a page showing your $COLLAB token airdrop.
  4. Enter your Ethereum address and click “Claim” to have your $COLLAB tokens sent there. No message signature or gas fees are required.

See below for more details.

What is Collab.Land?

Collab.Land provides a community management platform for tokens and NFTs that can be integrated with Discord and Telegram. The platform allows for easy assignment of permissions to users based on their token ownership, so if a user possesses a specific NFT, they can gain access to exclusive channels according to the NFT’s metadata. Collab.Land also performs regular checks in the background to confirm that users still hold the digital assets that allow them to access the community.

Thousands of communities use Collab.Land to provide token-based access to private chats and content, such as Axie Infinity, Time, and NBA Top Shot.

What is the Collab.Land ($COLLAB) token?

The $COLLAB token will be used for governance.

Who is Eligible for the Token Airdrop?

The following four groups are eligible for the $COLLAB airdrop:

  1. Verified community members in Discord or Telegram
  2. Collab.Land’s top 100 Discord communities based on membership, longevity, and activity
  3. Collab.Land Patron NFT holders (token numbers 1-142)
  4. Collab.Land Membership NFT holders

For Group 1 and 2, the snapshot was taken on 14th February 2023. For Groups 3 and 4, NFTs can each claim tokens once.

I Missed the Snapshot! Is There a Way to Claim $COLLAB Airdrop?

If you missed the snapshot on 14th February 2023, you can try to purchase a Collab.Land Genesis Membership NFT or a Collab.Land Patron NFT on OpenSea.

How to Claim $COLLAB token airdrop?

Claim your $COLLAB token airdrop anytime between 6pm MST on 23 February and 23 May 2023. Here’s how to claim your $COLLAB token airdrop:

  1. Go on the wagmi.collab.land website.
  2. Authorize your Discord or Telegram account and log in to your Discord or Telegram account, as the case may be. If you hold a Collab.Land Membership NFT or a Patron NFT, you should first join the Collab.Land Discord and claim your role before proceeding with the token claim process.
  3. After the video, there will be a page showing your $COLLAB token airdrop.
  4. Enter your Ethereum address and click “Claim” to have your $COLLAB tokens sent there. No message signature is required, and you don’t need to pay gas.
How to claim your $COLLAB tokens
How to claim your $COLLAB tokens (Source: ispeak_nerd)

How many $COLLAB tokens will I receive?

The number of $COLLAB tokens you will receive depends on whether you are a Community Member or NFT holder:

  • Community Members on Discord or Telegram each get 10 tokens. So those of you who verified both Discord and Telegram would get 20 $COLLAB.
  • Membership NFT holders with token ID between 0 – 28313 (based on a snapshot taken on 14 February 2023 at 12pm PST) will get 1,412 $COLLAB per NFT.
  • Patron NFT holders with token ID 0-141 (based on a snapshot taken on 14 February 2023 at 12pm PST) get 281,690 $COLLAB per NFT.

$COLLAB Token Distribution

The total supply of $COLLAB is at 1 billion tokens. The DAO Treasury reserves 50% for future distributions and use. 25% goes to the Lens Protocol team and their partners and investors. The remaining 25% goes to retroactive distribution, which is the airdrop.

Within the retroactive distribution, 60% of $COLLAB goes to the top 100 Discord communities. 16% goes to Collab.Land Patron NFT holders. Another 16% goes to Collab.Land Membership NFT holders, and the last 8% goes to verified community members as of 14th February, 2023.

Airdrop Token Distribution (Source: wagmi.collab.land)

Collab.Land 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: Collab.Land confirmed there will be an airdrop on 23rd February, 2023.

Airdropped Token Allocation: 60% of $COLLAB goes to the top 100 Discord communities. 16% goes to Collab.Land Patron NFT holders. 16% goes to Collab.Land Membership NFT holders. The last 8% goes to verified community members as of 14th February 2023.

Airdrop Difficulty: If you made the snapshot on 14th February, you just have to wait and claim the tokens starting on 23rd February. But if you missed it, you can try to purchase a Collab.Land Genesis Membership NFT or a Collab.Land Patron NFT on OpenSea.

Token Utility: The primary purpose of the COLLAB token is to be utilized for governance within the Collab.Land ecosystem. If individuals choose to become a part of this community, they will have the opportunity to participate in the governance process as a member of the Collab.Land DAO. Together, they will vote on feature requests, provide bounties, curate the Marketplace, and undertake other governance-related activities.

Token Lockup: The 25% of the total $COLLAB distributed to the core team, investors and partners have a four-year time-based vesting schedule with a one-year cliff.

Frequently Asked Questions (FAQs)

What is Collab.Land?

Collab Land is a decentralized, blockchain-based virtual world where users can build, share and monetize their own 3D creations.

What is the purpose of the Collab.Land Token Airdrop?

The purpose of the Collab.Land Token Airdrop is to reward early adopters of the Collab Land platform with free $COLLAB tokens

What is the value of $COLLAB tokens?

At the time of writing, the value of $COLLAB tokens are $0.254554

How can I get $COLLAB tokens?

You can get $COLLAB tokens if you were eligible fo an airdrop. Otherwise, $COLLAB tokens are traded on UniSwap. See our Uniswap tutorial here.

How many $COLLAB tokens will I receive?

Community Members on Discord or Telegram will each get 10 tokens. So if you verified both Discord and Telegram, you would get 20 $COLLAB. Membership NFT holders with token ID between 0 – 28313 will get 1,412 $COLLAB per NFT. Patron NFT holders with token ID 0-141 get 281, 690 $COLLAB per NFT.

When will the $COLLAB token airdrop end?

You can claim your $COLLAB token airdrop anytime between 6pm MST on 23 February and 23 May 2023

How do I claim by Collab.land $COLLAB token airdrop?

Go to wagmi.collab.land. Authorize and log on to your Discord or Telegram account. After watching the video, enter your Ethereum address to receive your $COLLAB.

REVIEW OVERVIEW
Likelihood of Airdrop
Airdropped Token Allocation
Airdrop Difficulty
Token Utility
Token Lockup
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Ronal is a Senior China Blockchain Correspondant who has been covering the Chinese blockchain industry since its inception. He has written extensively on the subject, and his work has been featured in some of the world’s leading publications. Ronal is an expert on the Chinese blockchain market and has a deep understanding of the technology and its potential applications.
collab-land-token-airdropIt is very easy to claim the $COLLAB airdrop. But if you did miss the snapshot, you can try to purchase their Membership or Patron NFTs on OpenSea to be eligible for the token claim.