The TON Foundation, a non-profit organization dedicated to promoting and developing the Ton blockchain, has recently announced an airdrop opportunity for active NFT traders and holders. The airdrop will distribute 105,600 TON tokens, totalling approximately $600K, to eligible participants on popular Ton NFT marketplaces. Keep reading to learn more about this exciting opportunity and how you can take part in it.
What is the TON Foundation?
Before we dive into the details of the airdrop, let’s first understand what the TON Foundation is and its role in the Ton blockchain ecosystem. The TON Foundation is a non-profit organization that aims to promote and develop the Ton blockchain, a fast and scalable multi-blockchain platform for decentralized applications (dApps). The foundation is responsible for managing and allocating the native TON token, as well as supporting projects and individuals who are building on the Ton blockchain.
Airdrop Details
The TON Foundation’s airdrop will distribute 105,600 TON tokens to active NFT traders and holders on popular marketplaces, namely Getgems, xRare, and Ton NFT Diamonds. The snapshot to determine eligible participants was taken on April 23 at 8:00 AM CEST, so any trading activity after that time will not be counted towards the airdrop.
To qualify for the airdrop, participants needed to have been actively trading NFT collections between April 11 (2 PM CEST) and April 23 (8 AM CEST).
However, the airdrop excluded Sybil wallet addresses, non-wallet addresses, and owners of NFT collections who did not trade on the specified platforms. This ensures that only genuine and active traders and holders are eligible for the rewards.
How to Earn Points and Redeem TON Tokens
Points for the airdrop were awarded based on various factors, including the number of NFT collections traded. For instance, trading between 2 to 4 collections earned a user 1 point, with more points awarded for additional collections traded. Participants could also earn points based on the total number of NFT transactions and the total volume of NFT trading per user.
Once participants have accumulated enough points, they can redeem them for TON tokens, the native token of the Ton blockchain. The exact conversion rate from points to TON tokens has not been disclosed yet but will be announced by the TON Foundation in due time.
Don’t Miss Out
If you are an active NFT trader or holder on Getgems, xRare, or Ton NFT Diamonds, then don’t miss out on this opportunity to earn TON tokens through the TON Foundation’s airdrop. Remember, the snapshot was taken on April 23 at 8:00 AM CEST, so make sure you have been actively trading NFTs between April 11 and April 23 to qualify.
Stay updated with the latest news from the TON Foundation and the Ton blockchain by following their official social media channels. Happy trading!
Featured Image: Depositphotos
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