Binance Megadrop; A New Way to Discover Tokens
Exciting News, from Binance; We're thrilled to introduce #Binance Megadrop.
What is Binance Megadrop?
Binance Megadrop is a game changing platform that transforms how users engage in launches. Unlike airdrops Megadrop offers a journey that blends learning, interaction and incentives.
Reinventing the airdrop experience it also integrates Binance simple earn and Binance Web3 Wallet.
With Megadrop you can access previews of selected Web3 projects before they go mainstream. This lets you explore opportunities and potentially benefit from their growth.
Who can participate in Megadrop?
Two Participation Options; To cater to diverse users Megadrop presents two participation paths;
1- Earn Points Deposit your BNB into Locked Products through Binance Simple Earn. This effortless method helps you earn points towards your Megadrop rewards.
2- Embark, on Web3 Wallet Quests; Dive into a series of engaging quests crafted to enhance your understanding of Web3 concepts. Completing these quests earns you points that boost your Megadrop score.
Engagement Based Reward System; Points earned from both Simple Earn subscriptions and Web3 quests contribute to your score. If you are unable to use Binance Web3 Wallet but can use Binance Earn.
The score is then used to decide how much of the pool you get for each Megadrop project.
Be Part of the Future of Token Discovery; Binance Megadrop introduces an era of exploring tokens. Through its approach Megadrop encourages users to participate in the future of Web3 while also potentially benefiting from promising projects.
Enhance Your BNB Earnings with Binances Simple Earn Locked Products!
Here's is how it works
Are you logged in? Awesome! Navigate to the "more section, on Binance.
Keep an eye out for the Megadrop" tucked away there.
Get ready to be amazed! You'll find a lineup of Web3 projects waiting for you. Choose one that piques your interest and explore its intricacies.
Each project features a "Quest" section. This is your opportunity to complete tasks, earn points and unlock rewards.
How to Boost your Points for Megadrop
1. Enhance Your BNB with Locked Products;
Consider your BNB like gaining XP. By locking them in BNB Locked Products it's akin to giving them training sessions. The longer you invest in your BNB the points you earn! The higher your score the share of rewards you'll receive in Megadrop. It's a win win situation!
1.1 Lock BNB
1.2 Tap to Subscribe and you will redirect to the locked product page.
1.3 You will see green LOCKED after completion.
2- Web3 Wallet Quests
Your Web3 Wallet holds the key to unlocking a wealth of points. Link it to projects on Megadrop to access quests. Every quest you complete adds points to your tally moving you up through the ranks in Megadrop.
2.1. You can earn points by completing the quests here is an example.
To participate in a quest, tap to "Earn Points".
2.2. To understand the quest read the description and tap "Start Now"
2.3. After completing the quest tap on "Verify" and system will verify.
2.4. Once verified you will see "Task Completed"
Tap View Quest to go back to the project.
Calculation of your Score
The reward you will based on the score so it's very necessary to calculate score. The score depends on the duration of your locked BNB
1. Locking of BNB
Your score is completely depend upon the length of the subscription period. Longer the subscription more scores you will get. You can lock for 30, 60, 90 and 120 days.
For example, User A locked their BNB for 45 days, the system will calculate the lock duration as “30 days”, and User A’s score will be boosted by the “30 Days” multiplier.
2. Web3 Quests Completion
Completing Web3 quests can enhance your score. By finishing all quests your base quest score will receive a boost by a percentage along, with earning bonus points.
To illustrate if the score multiplier is set at "3" and your base quest score stands at 1,200 upon completing all quests your total score would be calculated as (1,200 * 3) + 50 = 3,650.
When will Rewards be given out?
Your points will be continuously updated on the project page. Keep in mind that these points are not permanent and may vary depending on your BNB amount and completion status of Web3 quests.
Once the participation period concludes your final score will be calculated by the system and rewards will be sent to your Spot Wallet during the distribution timeframe specified on the project page.
What sets Megadrop apart, from Launchpool?
