Amid the crypto market rally, investors are looking for the best possible investment alternatives, while Mantra token investors can look forward to a lucrative opportunity as the development team has officially confirmed a $50 million airdrop. The community of more than 350,000 members is sitting on pins and needles waiting for the huge Gendrop airdrop, in which NFT holders, stakers and active contributors of the ecosystem can participate.
The team behind the token released an official statement on X on November 8 announcing its $50 million airdrop. This is one of the most anticipated and popular airdrops where the participants of the Mantra Zoneyou can also view the list for the allocation of tokens, which further increases the excitement.
GenDrop Checker is LIVE!
The community can now check their allocations of the 50M $ ABOUT GenDrop. https://t.co/PfRQ117pWz
We also published a breakdown of the eligibility criteria, indicating the various activities, $ ABOUT allocation per bracket, and eligible addresses in the… pic.twitter.com/FcVZ5anBBq
— MANTRA | Mainnet Live (@MANTRA_Chain) November 8, 2024
Based on Mantra’s announcement, the developers created 11 groups and provided a separate allocation for each group, which simplified the process for many. Since each category has different eligibility conditions, the Gendrop airdrop in question offers equal chances to all participants.
The lion’s share of the airdrop, or more precisely 60% of the total amount of tokens (30,000,000 tokens), will be given to participants in the KARMA Pre-Mainnet Quests. As a result, approximately 124,758 titles will receive the airdrop.
The development team promises a fair distribution to all users, in relation to the specified conditions.
The airdrop however, its exact date has yet to be announced. Investors are keenly watching how this will affect the price of the token.
Market analysts are optimistic about the future of Mantra and believe that it is a remarkable initiative. That it is exchange rate how it will turn out in the future, for now it is the music of the future.
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