In the past few weeks, many large financing projects have launched airdrops, the most popular of which are Zksync and Layerzero, but there are more than just these, such as Binance’s new Megadrop project, Lista, and staking track eigenlayer.
Let me first briefly analyze the two airdropped tokens, ZK and ZRO. These two projects are very popular in the coin-buying circle, almost everyone has bought them, but 95% of them have reversed.
Their rules are similar. ZK and L0 consume gas when playing with the coins, experience their products, and get the expected airdrops. The airdrop rules of this "blind box" trial are very easy to establish a mouse trade. Those who understand will understand. The only advantage may be that if you bet on the rules of the mouse trade, you will get a very high multiple of the return, but the probability of this is actually the same as winning the lottery. Because according to the current trend, if the funds are not enough, it will never be possible to get the full amount of airdrops.
Next, I will analyze Binance’s megadrop project Lista and the eigenlayer rules of the re-staking track. These projects have some common features:
1: Pledge funds are required, for example, Lista pledges BNB, eigenlayer pledges ETH
2: The more money you pledge, the greater the return
3: The rules are clear. Staking will give you "points", and tokens will be distributed according to the points ratio.
Traditional projects that use gas to get expected airdrops take a long time, are highly PUA, and have a high probability of being reversed. This airdrop model will gradually be eliminated. Although the pledge model airdrop is very unfriendly to users with small funds, the pledge track airdrop model (equivalent to saving money to earn interest) will gradually become mainstream.
So how do you find a high-quality staking track?
Explore and search from these aspects: product track + financing amount + community members
1. Product track is a very important indicator. For example, the current situation of Ethereum L2 chain being everywhere, the dividends of this track are destined to be small. Except for Liena, the dividends may be small. So we have to look for some tracks that are not particularly popular, but have great potential in the future.
2. The amount of financing can represent the strength of the project. Before issuing the coin, it can be estimated how big the project is, whether it has the ability to make markets after issuing the coin, and whether it can maintain the stable development of the ecology and the stable increase of the coin price.
3. The number of people in the community represents the vitality and potential of the project. The stronger the community, the greater the potential of the project. Of course, you can't look for projects that everyone knows about. You have to look for relatively niche projects. Otherwise, when there are too many people, even the big ones will become small ones.
Well, today we actually found a staking project that meets these three conditions: WOW EARN Wallet.
First, let’s look at the amount of financing. WOW EARN Wallet received US$30 million in Series A financing in December 2023, invested by Quantum Leap Ventures, Nexus Pioneers Capital, Ascendant Growth Partners, Blue Horizon Ventures, and Pinnacle Innovations Capital.
Then let's take a look at its track concept and products: WOW EARN is a Web3 platform that seamlessly connects users and the blockchain world, a more efficient, safer, simpler and decentralized trading platform, allowing users to experience mining, making money, games and other real blockchain market trading mechanisms in one stop. Committed to providing users with better solutions to meet their needs and expectations in the process of digital asset trading. By using the latest technologies such as artificial intelligence and blockchain, WOW EARN has become a highly secure, simple, efficient and decentralized trading platform, providing users with a brand new digital asset trading experience. (In simple terms: WOW EARN wallet + WOW EARN decentralized exchange + WOW EARN pledge + WOW EARN mining + WOW EARN public chain + WOW coin)
Finally, let’s take a look at its community strength: 100,000 daily active users, covering 178 countries, 2 million total platform users, and 300,000 total community fan users.
To sum up: the product concept of the project is not bad, the market of web3 wallet is huge, OKX's web3 wallet and Binance's web3 wallet were also developed this year, and several leading ones will definitely emerge in the future. The financing amount is 30 million US dollars, which is not too much or too little, but it is very rare for this track. The community has 60,000 daily active users, which is very small compared to Zksync's 7 million army of freeloaders, but it is not too little either.
After a brief analysis of the project, how do we get the WOW EARN airdrop?
Here is a brief description of the process:
Open the official website https://wowearn.com, download the wallet, and then import or create a new address. Click on dapp, and click "Digital Mining" on the top banner. New users can receive 1USDT cash bonus and 10,000 USDT experience bonus. (Note here: this staking activity obtains computing power points by staking USDT, and the points will eventually be exchanged for WOW Coin at a 1:1 ratio. The AA wallet is used in the staking dapp. If you want to stake USDT, you need to transfer the money to the wallet in the dapp. After the staking period, you need to transfer the money back to your own wallet).
The project's roadmap indicates that the token will be issued in Q2 of 2024. There are only a few days left until the end of Q2. If you haven't known about it before or registered, hurry up and register to experience it (Note: Invest and pledge USDT within your investment tolerance. DYOR&NFA)
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Here are some of the major events of WOW EARN (keep reading if you are interested, it looks like a very powerful project):
1.DAPP landing: officially launched on March 20.
2. Web3.0 wallet is launched: On May 30, 2023, brand integration was started, the first application of WOW EARN ecosystem was created, and the brand theme color was determined.
3. Wallet is launched on Wallet connect: further enhancing the platform's influence and compatibility and enriching usage scenarios.
4. Singapore TOKEN2049: On August 29, 2023, the total number of users exceeded 600,000, and the company continued to build on its success. On September 13-14, the company participated in the cryptocurrency event Token2049, where the WOW EARN team members met offline in Singapore for the first time, greatly increasing brand awareness.
5. Dubai Blockchain Future Summit: GTIX is the gold sponsor. Colleagues from China and the Netherlands gathered in Dubai, and the company became more global.
6. The company moved to Dubai: The company settled in Dubai, the center of cryptocurrency, and the working environment and confidence of all team members were greatly improved.
7. Launch of WOW EARN public chain: Web3.0 is no longer a theory or a buzzword on the Internet. It is the world's expectation to subvert the Internet technology revolution. WOW EARN has built a new decentralized network for it, which is value-creating and distributed by contribution, and truly gives data autonomy to every participating user.
8. Dubai Token 2049: In April 2024, it participated in the cryptocurrency event Token2049, which greatly enhanced its brand awareness.
9. CONSENSUS, USA: In May 2024, we participated in the well-known CONSENSUS summit in the United States, which greatly enhanced our brand awareness.
WOW Coin token ecosystem empowerment:
1. WOW Coin is the foundation of the WOW ecosystem for trading and exchanging assets. It enhances community governance, allows creators and users to exchange assets, and establishes a user-based reward platform. It also enables the development and sharing of truly unique user experiences.
2. Share the growth dividend of WOW EARN with global participants.
3. Ecological benefit dividends, etc.
WOW EARN Chain is distinguished from other layer 1 (L1) blockchain platforms by having a range of features designed to achieve high performance and global accessibility:
1. Strategic shift to the first layer: It has been upgraded to the first layer blockchain to provide a more scalable and robust infrastructure to support the growing demand for blockchain applications.
2. Low transaction fees: WOW EARN Chain introduces extremely low transaction fees, making blockchain participation more economical and encouraging more users and developers to participate.
3. Global node deployment: The platform ensures high-speed and reliable network connections worldwide by strategically deploying official nodes in major regions.
4. High transaction throughput: The platform has an impressive current limit of 100 QPS (queries per second), which is significantly higher than the typical rates offered by other public chains and can meet applications that require high transaction volumes.
5. Innovative HPoS consensus mechanism: WOW EARN Chain adopts an innovative HPoS (Hybrid Proof of Stake) consensus mechanism, which combines the advantages of PoE (Proof of Stake) and PoS (Proof of Stake), achieving a balance between security, speed and cost-effectiveness.
6. Ethereum Virtual Machine Compatibility: Supports Ethereum Virtual Machine compatibility, facilitating the development and deployment of DApps and integration with the Ethereum ecosystem.
7. Cross-chain functionality: The chain is not limited to its local functionality, but expands its coverage by integrating with 10 different blockchains, thereby enhancing various aspects such as liquidity, security, scalability, and transaction efficiency.
8. Empowering developers: WOW EARN Chain is well aware of the key role of developers in the blockchain ecosystem and is therefore committed to providing extensive support and resources, including special funds for projects with great potential, hosting developer-centric events, and creating an innovative and collaborative environment.
9.WOW EARN Chain also provides a unique decentralized way of mining, making money and trading, and with its high performance and global accessibility, it has become a key role in promoting the development of the DeFi ecosystem.
#MegadropLista #AirdropGuide #LayerZero