Nibiru is a new kid in the smart contracts block. The platform aims to be a developer-first and user-friendly ecosystem for smart contracts. Since the project went mainstream, the platform has hosted dozens of projects across a range of sectors like DeFi, gaming, RWAs, NFTs, developer tools, and blockchain bridges.
Nibru Chain started 2024 with a bang. In early February, the platform collaborated with CoinList and offered a community sale This has been a successful move, allowing the project to raise a significant $6 million and has set the stage for the Nibiru X airdrop campaign.
Within a period of 3 weeks, from February 7 to February 28, the airdrop attracted over half a million participants. This article is your go-to guide for understanding the Nibiru Chain airdrop. Let’s get started without any further ado.
What is the Nibiru Chain?
As a smart contract platform, Nibiru Chain brings better scalability and performance to the table, compared to the major players like Ethereum. The platform claims to address the blockchain trilemma- bringing decentralization, security, and scalability together.
The network offers high throughput, instant finality, and advanced parallel processing making it an ideal platform for deploying real-time consumer applications.
Airdrop Claiming Process
To claim the Nibiru Chain airdrop rewards, participants must fulfill a set of requirements within stipulated times. March 21st, 2024, is set as the crucial verification deadline, within which the participants should complete the Know Your Human (KYH) verification process, a criticized terminology of KYC.
Airdrop Eligibility Criteria
To ensure a fair and secure airdrop program, the Nibiru Chain team has put a set of rules to be followed by the airdrop participants, To take part in the process the users must have a minimum of 50 followers on their X account. This is primarily to prevent bot activity, Sybil attacks, and other malicious activities.
The team has also made it clear that any such acts will lead to disqualification from the event and loss of NIBI. Users from countries under U.S. and OFAC sanctions are also exempted from participating in the airdrop.
Airdrop Verification Process
Like the eligibility criteria, the verification process also focuses on maintaining the integrity of the airdrop and preventing any deceptive acts. For the same, the participants are mandated to link their Nibiru address with verified accounts on X and Discord.
On Discord, the users should go through biometric scans and a series of questions and obtain two Discord roles– ‘likely human’ and ‘seemingly human’. This is done to ensure that only genuine users can claim the airdrop rewards.
Claiming Rewards
Users who complete the verification process can gain access to the claiming process starting from March 21, 2024. You can log in to the Nibiru web app to claim your rewards. The participants should connect their wallets and click on the ‘claim token’ button to receive their rewards. To cover the transaction fees, a small amount of NIBI tokens will be distributed to eligible wallets.
Eligible participants have six months to claim their rewards, starting on March 21. The unclaimed rewards will expire after this period. The Nibiru team has allocated 15 million NIBI tokens, with 7.5 million of them with immediate availability and a two-month vesting schedule for the rest.
Conclusion
Like other airdrops, the Nibiru Network airdrop is part of the company’s marketing strategy to reward its community and encourage active participation in the platform. But it is also a significant opportunity for blockchain enthusiasts to engage with and benefit from a growing ecosystem.
However, airdrops mandate the users to strictly adhere to the eligibility criteria and verification process, and claim the rewards inside of the stipulated time frame. At the same time, it is important to note that anyone can list airdrop in a decentralized exchange, and not all of them need not be worth your time and attention. Airdrops are sometimes used as a way to obtain free online labor. Stay away from such actors at all costs.
