Even if you didn't receive the Arbitrum airdrop, there are still many opportunities to benefit from Web3.
On March 16th, Arbitrum officially announced the launch of DAO governance and governance token ARB for its Arbitrum One and Arbitrum Nova networks, and also revealed details of the highly anticipated airdrop. The eligibility check for the airdrop is now open.
According to the official disclosure, the initial total supply of Arbitrum's token ARB is 10 billion, with a maximum annual inflation rate of 2%. As for the token airdrop, 11.62% of the initial total supply will be airdropped to Arbitrum users, and 1.13% will be airdropped to DAO treasuries built on the Arbitrum network. The snapshot time for the airdrop is February 6th (at block 58642080 on the Arbitrum One network).
The eligibility criteria for earning points in Arbitrum Nova include bridging funds to Arbitrum Nova and making 3, 5, or 10 transactions or more. At the same time, Arbitrum has also implemented some anti-sybil rules, such as deducting 1 point if all transactions in the recipient's wallet occur within 48 hours.
Due to Arbitrum's significant market influence, this airdrop has received a strong response. Users who received the airdrop are excited and look forward to further progress from the project, while some users lament the complexity of the multiple requirements in the rules. Users who did not receive the airdrop regret missing out on a huge fortune and hope to not miss out on the next airdrop.
Is it really difficult to make money in Web3?
The answer to this question can be answered from a reverse angle - it is not easy to make money in Web3. The primary reason is the volatility of the market. Investing in various tokens has always been a high-risk behavior. In addition, after many users participate in airdrop and other activities, it requires a lot of time and effort to track whether the project team can issue rewards as promised and whether they can be claimed smoothly. Some project teams are hesitant to issue promised rewards too early because they are afraid that users will sell large quantities, which may affect the token price.
If the participation rate is increased and the scope of participation is expanded, can the rewards or airdrop-type rewards be increased? The answer is positive, but whether users have the time to explore a lot is also a question to consider. According to Binance Research's report:
"February was a recovery period for the industry, and healthy momentum was observed in the DeFi and NFT spaces. As investors regain interest in risk outside of traditional asset categories, cryptocurrency is exciting."
In this environment, participating in various projects to earn rewards is undoubtedly worth trying. At the intersection of the bear market approaching its end and the bull market having the potential to recover, task platforms in the Web3 race become an excellent breakthrough point because they can help users quickly access more projects and have a greater chance of obtaining rewards.
Today, there is no shortage of task platforms on the market. Before choosing a platform to deeply participate in, ordinary users can first evaluate various platforms.
Is the platform secure enough? This can be the primary concern. It is not only about technical security, but also whether the rewards users receive are guaranteed. The platform's security risks, whether rewards can be delivered on time, and whether it has anti-bot algorithms can be used to evaluate the platform. Nowadays, some task platforms can support project parties to pre-stake rewards and distribute rewards automatically without delay or confusion, so platforms with such guarantees can be preferred.
Does the platform have a complete ecosystem? When choosing tasks to participate in on the task platform, you can also pay attention to the number of chains supported by the platform. The more chains it supports, the greater the breadth and development potential of the platform's ecosystem. Similarly, the types of tasks and rewards supported also reflect the completeness of the functionality provided by the platform.
Choosing a platform that is simple and easy to use is undoubtedly a long-term strategy for users, as this will save users time in completing tasks for each project and to some extent improve the probability of winning rewards. Many platforms on the market are also striving to provide a better user experience.
Recently, after experiencing many task platforms, the author discusses some of the usage experiences of these platforms.
1ïŒRabbitHole
RabbitHole is a well-known Web3 task platform that provides tokens, NFTs, whitelist access, and future airdrop opportunities, with the aim of guiding users to learn about Web3 basic operations and tasks. However, the overall feeling is that there have been relatively few updates and not a lot of tasks available, with relatively few updates on their Twitter account. In the past month, their Twitter followers have only increased by 2k, which raises doubts about their management.
2ïŒCrew3
Engagement in each task is facilitated through a community structure, which provides a sense of belonging and an opportunity to gain in-depth involvement and knowledge about various projects. Users are rewarded with XP points on the platform, but there has yet to be discovered more ways to empower these points.
According to its official website, it currently supports 50+ chains and is among the top-ranked platforms in the industry.
3ïŒTaskOn
A platform that has garnered considerable attention recently, due to its fast pace of launching new tasks and its rich reward system, which includes tokens, points, NFT certificates, whitelists, and more. I really like its interface, which has a carousel and a scrolling marquee on the first screen, allowing users to quickly see popular tasks.
The platform is quick to launch new activities, and the latest version update mentions support for 20+ chains, with project parties able to pledge rewards in advance and have the platform distribute them, ensuring that participating users receive them on time. When trying to create an activity, I found that the operation page is simple and the process can be completed quickly.
Similarly, there are currently no known ways to use the EXP earned, but the official may provide more information about how to utilize it in the future.
The page displays various information on the types of rewards for participating in activities and the EXP that will be earned, making it easy for users to try them out.
4ïŒQuestN (Quest3 before)
A platform with a unique UI style that has a strong Web3 aesthetic, with a cartoonish feel that is not overly serious. Users can view a variety of rewards, including tokens, NFTs, and whitelists, on this platform.
Its operating manual details all past releases, demonstrating the project team's meticulousness and transparency.
5ïŒPort3 (Soquest)
The platform has a unique page style with a preference for flat design, giving it a high-quality appearance. It is deeply integrated with SBT, as previously mentioned by Vitalik. The main page shows the status of activities and the forms of rewards available, but does not clearly indicate the amount of the rewards.
6ïŒGalxe
Galxe, a well-known name in the Web3 task platform, holds a senior position. Focusing on digital identity and launching Passport, it aims to create a broader ecosystem platform and provide users with a deeper encrypted identity experience.
Conclusion
The attracting and diverse task platforms bring more opportunities for 2C users to navigate in the Web3 market. Let us keep an eye on the new project updates and have a more intuitive and simple way to access corresponding rewards. They are also good channels for us to discover new projects. Making full use of task platforms will help you quickly grasp the industry's first-hand information and continue to accumulate wealth for yourself.
