As the cryptocurrency market experiences a surge, excitement among the Mantra community has doubled. The Mantra team announced a wonderful surprise for the community with a 50 million OM token airdrop. Over 350,000 community members, NFT holders, stakers, and contributors to the ecosystem are eligible to participate in this significant “GenDrop” airdrop. The team gave hints about this announcement back in April, and now the distribution is almost here.
Contents
Airdrop Announcement and Distribution List
Distributions to Other Categories
Airdrop Announcement and Distribution List
The Mantra team has announced the 50 million OM airdrop set for November 8. This announcement was highly anticipated by the community. The distribution list has also been released, allowing participants to check which group they belong to. Users can monitor their distributions through the Mantra Zone platform.
To simplify the airdrop process, the team has activated the “GenDrop Checker” tool. This tool enables users to verify the amount they will receive in the airdrop. Eligibility criteria have been outlined, and participant addresses have been shared.
Distributions to Other Categories
The team plans to carry out the distribution across different groups, each with specified eligibility criteria. This approach aims to provide all participants with a more equitable chance in the distribution process.
According to the official announcement, the OM airdrop will be distributed among 11 groups and 350,000 users. Of this total amount, 60% (30 million OM) is allocated to those participating in KARMA Pre-Mainnet Tasks. Approximately 124,758 addresses will receive tokens from this pool. The team noted that more than 57% of the total KARMA tokens will be distributed among just 124,760 addresses.
The second-largest distribution is reserved for Galxe Season 1 participants. This category encompasses 12% of the total supply, with 125,725 addresses deemed eligible. Users who score 215 or more points from Galxe tasks can benefit from this airdrop. Additionally, extra requirements have been set for users who add EVM addresses.
Other categories included in the distribution are ATOM Stakers, Bad Kids NFT holders, Celestine Sloths NFT holders, Pudgy Penguins NFT holders, and Testnet validators. Token distributions will also occur for other categories like MANTRA, NFTs, and Bit Kids at specified rates.
The Mantra team has successfully rekindled community interest. While the official distribution date for the OM airdrop has yet to be announced, the community eagerly awaits this development. The potential impacts on the OM price are also one of the market’s focal points.
Successfully completing the airdrop could strengthen Mantra’s position within the ecosystem. Participants should carefully review the eligibility criteria to ensure their rights. Post-distribution token mobility may create various dynamics in the market.
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Disclaimer:
The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
