Botanix Labs, the entity behind Botanix, a network designed to allow any application or smart contract on Ethereum to be compatible with Bitcoin, has announced an airdrop for its upcoming native cryptocurrency.
This article is a step-by-step guide to the Botanix airdrop where we will look at what the project is, how to be eligible for the token distribution event, and when it will launched. So, without further ado, let’s get started.
What is Botanix?
Botanix is an Ethereum-based protocol that is designed to copy and paste applications or smart contracts compatible with Ethereum Virtual Machine (EVM) onto the Bitcoin blockchain.
Its testnet, which started last November, has garnered over 200,000 active addresses and more than 10,000 experimental token launches, ahead of the official release of the mainnet in the coming months.
The project’s goal is to bring greater utility to the Bitcoin network, by introducing elements such as smart contract capabilities that are commonly associated with Ethereum. Botanix co-founder Armin Sabouri says Bitcoin is the most secure monetary network in history and the role of his project is to transform it from being a store of value into a global monetary system that empowers the sovereignty of individuals.
What is the Botanix Airdrop?
Botanix Labs recently announced that it plans to launch its native cryptocurrency via an airdrop this month. However, the project is taking a rather unique route to the token launch by giving users the chance to mint commemorative NFTs on its testnet.
The tokens will be launched in two phases, with the first part involving interested parties minting NFTs. To get the NFT, you should:
- Visit the Botanix testnet website
- Connect your wallet
- Click “Mint”
How to Claim Botanix Tokens in Airdrop?
Here is how you can get your hands on the Botanix tokens via the airdrop:
- Go to the Botanix testnet website
- Link your MetaMask testing wallet and add the Botanix testnet network to it
- Acquire BTC test tokens by selecting in the Faucet
- Access the testnet by entering the code “S@t0sh1_2024”
- Conduct a few token swaps using your BTC test tokens
- Engage in deposit and withdrawal operations within the testnet’s liquidity pools
- Bridge the funds to Botanix using the Botanix Bridge and transfer the tokens
- Launch your token by deploying your first Botanix smart contract
- Provide feedback in the Bitzy Discord channel
- Once the token drops, it will be reflected in your wallet
Who is Eligible for the Botanix Airdrop?
The Botanix airdrop is open to every crypto user. Anyone with a MetaMask wallet can sign up for the distribution event and claim free tokens. All you need to do is follow the instructions provided and complete the specified tasks by operating the Botanix testnet and giving proper feedback.
Is the Botanix Airdrop Free?
Yes, the Botanix token airdrop can be joined in for free. Register yourself on the airdrop page and follow the instructions to stand a chance to earn the cryptocurrency when it launches in the market.
When will the Botanix Token be Listed?
Botanix is yet to specify a date as to when its utility and governance token will be launched. I would recommend that you keep close tabs on the project’s social media channels and community pages to stay up-to-date on events.
Also, actively participate in the testnet and provide feedback to strengthen your claim for the Botanix tokens when it eventually airdrops.
Conclusion:
The Botanix airdrop is your chance to become part of an innovative new inter-blockchain project that seeks to bring the utility of Ethereum onto Bitcoin. You can participate in the token distribution event free of charge by simply carrying out transactions on the testnet, swapping tokens, minting NFTs, and providing proper feedback to the team.
Read more: How To Get COOKIE Airdrop? Eligibility & Launch Date.
