The Yangtze River flows eastward, and the airdrops wipe out all heroes. Right and wrong, success and failure are all in vain. Black slaves are still here, and their wallets are empty several times.
The project side, VC exchange, is cutting the leeks with a knife. A glass of strong liquor will ease the hatred. When will the bull market return? Stand up and continue to play.
A history of airdrops, a few bitter tears. How many people left the circle after A8 and A9 were free, and how many people still stood firm in the front line with "protracted war" for three years after three years. As a way of issuing assets by the project party, airdrops will still exist for a long time even after ZK and L0 have reversed and a large number of black slaves have left the circle. It's just that the wealth-creating effect has weakened and the opportunities are getting fewer and fewer.
If you want to get more chips from the project party now, you need more refined operations, strategies that are closer to the project party, and a deeper understanding of airdrops. As the saying goes, history is a mirror for the future. There is nothing new under the sun. Today, Barbarian will take you to look through the history of airdrops and improve your understanding of airdrops!
This article will talk about some typical, significant or large-scale airdrop projects in a time dimension, starting from the earliest Pineapple Coin and Uniswap.
1. Meme Pineapple Coin
Time: 2020/8/5
Background History:
The history of airdrops can be traced back to the Meme Pineapple Coin in August 2020. Consensys developer Jordan Lyall mocked the rapid emergence of "food coins" in a tweet. He created a picture model through Notion, describing the idea of a project called "The Degenerator". The website of this project allows people to start a new DeFi project in minutes by dragging and dropping. His original intention was to tell everyone that DeFi projects like sweet potatoes are not reliable and have no technical support. A new project can be created by copying code in just a few minutes. He gave this project a name: MEME.
But the speaker may not mean it, but the listener may take it seriously. A few hours after his tweet was sent, an anonymous person actually created the MEME token. And the trading volume of MEME on that day reached 1.2 million US dollars, with the lowest price being 6 US dollars and the highest price being 40 US dollars. In this way, a project MEME was born from a joke.
Initially, the currency only needed to fill out a form in the Telegram group to get an airdrop. The project party airdropped 355 MEME to each early Telegram participant. The total number of MEME is 28,000, of which 26,000 came from the initial community airdrop without a threshold. When the DeFi project plummeted and led to a decline in the market, MEME, which was more than ten dollars, rose against the market, reaching a maximum of more than 1,800 dollars, which is equivalent to each person getting hundreds of thousands of dollars out of thin air. Therefore, MEME has won the title of "the first airdrop currency".
Track: GameFi
Airdrop conditions: Fill out the form in the official Meme Telegram group to get 350 memes airdropped
Anti-witch rules: None
Token name: MEME
Total Tokens: 28,000
Token airdrop percentage: 91%
Number of eligible addresses: 73
Single address airdrop value/U: 8050
Institution/Endorsement:/
2.Uniswap
Time: 2020/9/17
Background History:
On September 17, after its liquidity was snatched away by farming projects such as Sushi, Uniswap, the leading DEX, finally issued its own token UNI.
Unexpectedly, in addition to issuing coins and starting liquidity mining, Uniswap also made a bold innovation - airdropping 150 million UNIs (15% of the total) directly to all historical users, liquidity providers and buyers of Uniswap peripheral socks (NFT token SOCKS).
Among them, 100 million will be given to all addresses that have interacted with Uniswap, totaling 250,000, with 400 coins for each address; 49 million will be given to all liquidity providers, starting from the day V1 was launched; and 220,000 will be given to all users who have bought socks.
Track: DEX
Airdrop conditions:
Before September 1, 2020, anyone who has interacted with Uniswap, or Uniswap LP or holds SOCKS NFT, will receive 400 Uni per account. 10.06% will be airdropped to 250,000 early users, 4.92% will be airdropped to 49,192 early LPs (liquidity providers), and 0.02% will be airdropped to 220 SOCKS holders.
Anti-witch rules: None
Token Name: UNI
Total Tokens: 1 billion
Token airdrop percentage: 15%
Number of eligible addresses: 251754
Single address airdrop value/U: 1600
Institution/endorsement: Founder is Hayden Adams, who received investment from Ethereum with the help of Balancer and Makerdao
3.The Graph
Time: 2020/12/13
Project Introduction:
The on-chain data is displayed graphically. Anyone can build and publish an open API called a subgraph, making the on-chain data easy to query. Based on GraphQL, developers can process data according to the smart contract/time of interest - that is, create a subgraph; indexers, as subgraph node operators, pledge GRT to participate in data processing and earn service fees; curators send signals to subgraphs to tell indexers what data rules are worth indexing; delegators do not participate in node operations, but pledge GRT to nodes to earn a share of the profits.
Track: Data Index
Airdrop conditions:
1. The official held 4 "curator activities" (need to make materials and promote on social media), KYC is required, each curator can get 33,000 tokens as rewards + tokens based on specific contributions, 0.3U on the day of the token launch, open airdrop
2. Code deployment test network, KYC is required, and 330,000-3.3 million tokens will be awarded based on contribution, duration, resource consumption, etc., and it is not an open airdrop
Note: 0.3U on the day the token is launched
Anti-Witch Rules:/
Token name: GRT
Total amount of tokens: /
Token airdrop percentage: 8%
Number of eligible addresses: 2424
Single address airdrop value/U: 9900
Institutions/endorsement: Seed round Multicoin Capital, CoinFund, etc., A round Coinbase, ParaFi, Framework, etc.
4.Tokenlon
Time: 2020/12/23
Background History:
Tokenlon is a decentralized exchange that aggregates liquidity under imtoken, which was the wallet with the most users at the time. Built into the imToken wallet, it uses an off-chain RFQ quotation model, with good transaction prices and low handling fees and mining fees.
Track: DEX
Airdrop conditions:
【Tokenlon users】
A total of approximately 6.86 million LON will be awarded to 140,000 addresses that meet one of the following conditions:
Addresses that have traded on Tokenlon before Genesis Mining
In Genesis Mining, the address that has been traded or successfully activated through referral invitation on Tokenlon
Addresses that have participated in Tokenlon community pre-governance through Snapshot voting
【imToken users】
A total of approximately 6.94 million LON will be awarded to 250,000 early addresses
Anti-Witch Rules:/
Token name: LON
Total amount of tokens: /
Token airdrop percentage: 7%
Number of eligible addresses: 390,000
Single address airdrop value/U: 70.8
Institution/endorsement: DEX under imtoken, which was the wallet with the most users at the time, and the investor was IDG
5.1inch
Time: 2020/12/25
Background History:
1inch is a multi-functional decentralized aggregation trading platform, referred to as DEX aggregator, which can automatically and instantly aggregate information from more than 180 decentralized exchanges (DEX) and other liquidity sources to provide users with the best trading prices. Similar to centralized cryptocurrency exchange services, it uses a limit order protocol, but in a decentralized manner.
The new trading model - Fusion, users can place orders at a specified price and time without paying for the network, which can improve transaction cost efficiency, security and user experience. The Fusion model is also based on the 1inch trading engine's two existing products, 1inch Limit Order Protocol and 1inch Aggregation Protocol. It is divided into Fast, Fair, Auction, and later introduced the Dutch auction model
Track: Aggregator
Airdrop conditions:
You can receive 1,600 tokens if you meet one of the following conditions:
1) Before September 15, 2020, at least one transaction was conducted on 1inch
2) Before December 24, 2020, at least 4 transactions were conducted on 1inch
3) Before December 24, 2020, the total transaction amount on 1inch reaches US$20
Anti-Witch Rules:/
Token name: 1INCH
Total Tokens: 1 billion
Token airdrop percentage: 6%
Number of eligible addresses: 55200
Single address airdrop value/U: 3200
Institution/endorsement: SBF strongly supports the platform, and investment institutions include Binance Labs, Alameda Research, Pantera Capital, and ParaFi Capital
