Understanding the TON Foundation’s Airdrop for NFT Traders and Holders

Understanding the TON Foundation’s Airdrop for NFT Traders and Holders

The TON Foundation is a non-profit organization dedicated to promoting and developing the Ton blockchain, a fast and scalable multi-blockchain platform for decentralized applications (dApps). They are responsible for managing and allocating the native TON token, as well as supporting projects and individuals building on the Ton blockchain ecosystem.

The Airdrop Opportunity

Recently, the TON Foundation announced an airdrop opportunity for active NFT traders and holders. The airdrop will distribute 105,600 TON tokens, totaling approximately $600K, to eligible participants on popular Ton NFT marketplaces like Getgems, xRare, and Ton NFT Diamonds.

To qualify for the airdrop, participants needed to have been actively trading NFT collections between April 11 (2 PM CEST) and April 23 (8 AM CEST). The snapshot to determine eligible participants was taken on April 23 at 8:00 AM CEST, so any trading activity after that time will not be counted towards the airdrop. The airdrop excluded Sybil wallet addresses, non-wallet addresses, and owners of NFT collections who did not trade on the specified platforms to ensure that only genuine and active traders and holders are eligible for the rewards.

Participants could earn points for the airdrop based on various factors, including the number of NFT collections traded. Trading between 2 to 4 collections earned a user 1 point, with more points awarded for additional collections traded. Points were also given based on the total number of NFT transactions and the total volume of NFT trading per user. Once enough points have been accumulated, participants can redeem them for TON tokens, the native token of the Ton blockchain.

Redemption Details

The exact conversion rate from points to TON tokens has not been disclosed yet but will be announced by the TON Foundation at a later date. If you are an active NFT trader or holder on Getgems, xRare, or Ton NFT Diamonds, don’t miss out on this opportunity to earn TON tokens through the TON Foundation’s airdrop. Remember, the snapshot was taken on April 23 at 8:00 AM CEST, so ensure you have been actively trading NFTs between April 11 and April 23 to qualify.

Stay Updated

Stay tuned for the latest news from the TON Foundation and the Ton blockchain by following their official social media channels. This airdrop opportunity presents a chance for active NFT traders and holders to earn TON tokens and further engage with the Ton blockchain ecosystem.

NFT

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