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Zug, Switzerland, October 1st, 2024, Chainwire
The MYTH Airdrop Distributes Rewards to Customers in a Giant and Clear Airdrop Occasion
Yesterday, the Polkadot DAO and Group commenced distributing an airdrop of 10 million MYTH tokens to over 450,000 Polkadot (DOT) wallets as an inaugural, collaborative motion between the Mythos and Polkadot ecosystems.
The airdrop follows the beforehand introduced collaboration between the 2 entities and is a historic milestone within the business leaders’ successes on the forefront of blockchain gaming and Web3 innovation. Customers can declare their rewards and “teleport” their tokens to the Mythos Chain through the airdrop portal at https://airdrop.mythos.basis, remodeling the airdropped tokens to native MYTH, which powers the Mythos gaming chain.
The airdrop distribution started on Sep. thirtieth and can conclude inside seven days.
Airdrop OverviewThis airdrop is greater than only a distribution of tokens—it’s the product of a number of rounds of suggestions from the Polkadot neighborhood, making it probably the most clear airdrop ever created. The airdrop was refined with enter from the Polkadot neighborhood, together with enter from key Polkadot ecosystem stakeholders and leaders from organizations together with Scytale Digital, The Kusamarian, OpenGov.Watch, ChaosDAO, PermanenceDAO, and BlockDeep Labs.
The airdrop was constructed and printed through Dune Analytics, led by blockchain providers agency Colourful Notion, with an audit performed by Parity Applied sciences, permitting full transparency and neighborhood perception all through the method.
Customers can login to the airdrop portal on desktop (cell help coming quickly) and declare the MYTH to a local Mythos chain handle. With MYTH customers can start working on the Legendary Market, transacting on the Mythos chain and readying themselves for additional incentives anticipated to be introduced within the coming weeks. The ten Million MYTH airdrop can also be meant to enrich the continuing Legendary Forest marketing campaign, through which holding native MYTH tokens offers customers a multiplier impact on rewards, permitting them the prospect to earn from a 2 million MYTH token pool incentivizing social duties and quests.
Airdrop Standards Seeking to Reward the Most Energetic CustomersThe purpose of the 2 campaigns is to spure participation, with the at the moment dwell Legendary Forest Marketing campaign centered on social quests and the MYTH airdrop specializing in rewarding energetic Polkadot customers—those that have engaged in core actions like staking, voting in governance, and executing cross-chain (XCM) transactions; Polkadot’s signature characteristic that highlights its unparalleled interoperability. A complete of 128,796 energetic wallets are receiving rewards, with particular person wallets receiving as much as 1,337 MYTH based mostly on their stage of engagement.
Customers who had participated extra actively noticed a considerably greater share of the rewards pool. For instance:
- If one had staked their DOT, they may have obtained extra MYTH tokens.
- If one had engaged in cross-chain transactions (XCM)—Polkadot’s distinctive characteristic permitting seamless transfers throughout completely different chains.
- Much more rewards had been obtainable for voting in Polkadot’s governance system (OpenGov) and taking part in crowdloans.
This airdrop incentivizes each energetic and passive individuals within the Polkadot ecosystem, rewarding those that have totally embraced Polkadot’s distinctive benefits. For customers who merely held DOT however didn’t actively take part, 347,885 “inactive” wallets nonetheless obtained MYTH tokens, guaranteeing everybody with a stake in Polkadot benefited from this community-driven initiative. In each instances the pockets will need to have held between 10 DOT and 5000 DOT on the time of snapshot.
The MYTH token: Increasing Throughout ChainsThe Mythos blockchain gaming ecosystem, in collaboration with and help of Legendary Video games, is demonstrating the ability of multi-chain interoperability with the Mythos chain and MYTH token, which is now supported throughout 4 blockchains, three of that are secured by Polkadot:
This multi-chain capability reinforces Mythos’ commitment to being chain-agnostic, aligning with Polkadot’s vision of interoperability across blockchains. Users are able to access and manage their tokens through all major ecosystem wallet UIs including Nova Wallet and SubWallet for mobile users, as well as Talisman and SubWallet on desktop, with initial support for the airdrop portal coming from Talisman and SubWallet on desktop devices.
Future Campaigns and Gaming Incentives
In addition to the current campaigns, the Mythos Foundation has reserved millions of additional MYTH tokens, for community building, gaming incentives and more, available to those with active accounts on the native Mythos Chain. An additional reserve will be used to drive long-term engagement of token holders and gamers.
More on the Mythical Forest Campaign: 2 Million MYTH Tokens Up for GrabsRunning alongside the airdrop is the Mythical Forest Campaign, where participants can complete social tasks and earn points towards a 2 million MYTH token rewards pool. The more tasks completed, the more MYTH tokens participants can claim, making it an exciting opportunity for the entire Web3 community. Holders of native MYTH tokens are further incentivized with bonus rewards.
For full details on the airdrop criteria, including to confirm eligibility, readers can visit https://dune.com/substrate/mythos.
About the Mythos Foundation:
The Mythos Foundation is primarily responsible for the governance and development of the MYTH token and its ecosystem. It oversees initiatives and partnerships aimed at expanding the adoption of blockchain technology in gaming, including managing token distribution and supporting gaming incentives. It emphasizes the broader ecosystem, governance, and strategic partnerships, such as the collaboration with Polkadot for token swaps and airdrops.
For more information on the Mythos Foundation, readers can visit https://linktr.ee/mythostoken.
ContactJonathan DuranJonathan@distractive.xyz
This article was originally published on Chainwire