A potential Origintrail airdrop will be live soon. As a platform that manages real-world assets through a digital ecosystem, Origintrail has users offline and online. As a prominent platform, the airdrop campaign of OriginTrail may see the participation of a large number of users around the world.
In this article, we will delve into the details of the potential airdrop of OriginTrail, where the rewards will be in TRAC, the native token of the platform. We will include a step-by-step tutorial to claim the OriginTrail tokens. Also, we will go through the benefits of the airdrop, eligibility criteria, withdrawal process, and more.
Let’s get started.
What is OriginTrail?
Origintrail is a data management system that manages real-world assets and online assets through blockchain technology. They use a nuanced technique called Decentralised Knowledge Graph (DKG) that increases the discoverability of assets.
OriginTrail assures the trustworthiness of assets by creating verifiable interface. The OriginTrail technology is vital, especially in this AI-driven world of misinformation. The native token of Origintrail is TRAC. TRAC is used for governance and voting activities.
The TRAC Token
TRAC is the foundational token of the OriginTrail ecosystem. It is used for governance, staking, rewards, and transaction fees. The compensation for the use of the Decentralised Knowledge Graph (DKG) is transferred as TRAC tokens.
TRAC can be staked in DKG nodes. It can be used when publishing OriginTrail’s Knowledge Assets. Here are some details from the tokenomics:
Token Name | $TRAC |
Contract Address | 0xaa7a9ca87d3694b5755f213b5d04094b8d0f0a6f (Ethereum ERC-20) |
Token Release Date | 02/02/2018 |
Total Supply | 500,000,000 TRAC (500 Million Tokens) |
Circulating Supply | 406,924,832 TRAC |
Today’s Market Cap | $298,752,032 |
Eligibility Criteria For the Airdrop
As we said, the airdrop campaign is not live. So, we don’t know more about the eligibility to participate in the airdrop. Nevertheless, as a decentralized platform with 100% transparency, there won’t be any special rules to participate in the airdrop campaign.
Is This Airdrop Free?
Participation in the airdrop campaign is completely free. But, you may have to pay the gas fees for activities like voting and governance. Sometimes you may have to stake Ether to receive TRAC as a reward.
Step-by-Step Guide to Claim the Airdrop
The OriginTrail airdrop campaign may include the usual airdrop tasks like subscribing to their social media, staking, completing quests, and referring your friends. Let us get into the details.
- Visit OriginTrail Network: Visit the official website of OriginTrail and open the web app. Now, navigate to the registration interface.
- Connect the Wallet: After reaching the registration page, connect your wallet and approve the signature request. You can connect any of the wallets. MetaMask and TrustWallet are preferred. Make sure to use an Ethereum ERC-20 wallet to connect.
- Registration Process: Give your email address and verify it. Create and confirm your password. Also, enter your details and complete your profile.
- Complete the Primary Tasks: Complete the in-app tasks of the OriginTrail network. For staking and voting-related tasks, you need ETH in your wallet. But, that might not be necessary. Final confirmation will arrive upon the launch of the airdrop campaign.
- Social Media Tasks: Usually, social media tasks take only minutes to complete. These tasks involve liking and retweeting OriginTrail network’s pinned tweet, following their Twitter (X) handle, and more. Here is a detailed list of potential tasks:
How to Withdraw Your Earnings?
OriginTrail’s TRAC token is available to trade on Coinbase Exchange, Kraken, Gate.io, HTX, KuCoin, and BitGet. It is also available on the US platform of Binance. It is available on prominent decentralized exchanges.
You can send your TRAC tokens to any centralized exchanges or swap to ETH through a DEX. Double-check the wallet before sending the tokens. Once the transaction is done, it cannot be reversed.
Airdrop Launch Date & End Date
As we covered earlier, the final confirmation of the launch date and end date is yet to be announced. Follow the OriginTrail Network’s newsletter, blogs, and social media accounts to stay updated with the key dates.
Final Thoughts; Is This a Trustable Airdrop?
Origintrail is partnered with major ventures like BSI, Walmart, Parity, Polkadot, Google, and WFH. The TRAC token is listed on A-tier exchanges. These platform characteristics show us that this is a prominent venture in the Web3 ecosystem.
It is a constantly updating platform, and three upgraded whitepapers have been released so far. Do check them to get a clearer understanding of the network. Also, engage with their blog posts and social media to verify their trustworthiness. DYOR! Happy airdropping.
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