It’s officially April and airdrops are in full swing. Though they come in different flavors these days, the purpose of airdrops remains mostly the same- to get the word out.
Participating in airdrops usually involves doing something that helps the parent platform grow in some way.
However, the crypto space is also plagued with scam airdrops that are primarily a notorious way for getting online tasks done for free.
However, learning about past airdrop events will help us understand the dynamics of the phenomenon and discriminate the authenticity of each.
This article will discuss the airdrop of the Eesee (ESE) token which was concluded last month.
I will talk about the Eesee platform and the procedure that was to be followed to participate in the ESE airdrop. Toward the end, you can also find some tips on identifying the best airdrops.
Let’s dive in without any delay.
What is Eesee (ESE)?
Eesee is called a gamified NFTFi and SocialFi platform. I know it is a mouthful. Let me break it down.
NFTFi is the intersection of NFTs and DeFi and involves using NFTs as collateral for lending and using NFTs for liquidity pools.
SocialFi or Social Finance is a mix of social networking and finance. A classic example of a SocialFi activity is creating and selling NFTs inside social platforms.
Coming back to Eesee, the platform aims to promote NFT sales by offering additional liquidity in the digital assets market.
This will improve the exposure to artists and reduce the entry barriers for newcomers.
The Eesee project acts as a marketplace for users to trade and swap NFTs across multiple blockchain platforms.
When Did ESE Airdrop Happen?
The airdrop of ESE tokens started on December 18, 2023, and concluded on March 10, 2024.
The tokens with an estimated value of $400,000 were distributed to eligible wallets for 84 days. However, the distribution date of the token is yet to be announced.
Who Was Allowed to Participate in Eesee Airdrop?
Anyone who completes a set of tasks as mentioned on Eesee’s website, including new users was allowed to participate in the airdrop.
Interested parties were asked to go to the airdrop page on their website.
However, to unlock the airdrop, one needed to have an invite code.
But this was quite easy to come by and most of the airdrop sites listed one.
Once the airdrop is unlocked the user is required to engage with the platform on various social media platforms and complete certain tasks.
The airdrop was designed in such a way that the more one engages with Eesee’s social media handles and the more tasks one completes, the more points one earns and the more likely they are to get the airdropped tokens.
Conclusion
Airdrops continue to be a popular tool for blockchain platforms to generate publicity and create a community.
By distributing $400,000 worth of ESE tokens, its native platform Eesee has managed to generate a marketing campaign that is worth millions of dollars. In the process, the platform also acquired a sizable user base.
All being said, note that anyone can list an airdrop on DEXs, whether or not a blockchain platform supports it. The reader is advised to stay away from airdrop events with questionable authenticity.
It is always a good practice to visit the popular airdrop sites and know more about these giveaways before spending your time on them.
