[PRESS RELEASE – Zug, Switzerland, October 1st, 2024]
The MYTH Airdrop Distributes Rewards to Polkadot Customers in a Giant and Clear Airdrop Occasion
Yesterday, the Polkadot DAO and Neighborhood commenced distributing an airdrop of 10 million MYTH tokens to over 450,000 Polkadot (DOT) wallets as an inaugural, collaborative motion between the Mythos and Polkadot ecosystems.
The airdrop follows the beforehand introduced collaboration between the 2 entities and is a historic milestone within the trade leaders’ successes on the forefront of blockchain gaming and Web3 innovation. Customers can declare their rewards and “teleport” their tokens to the Mythos Chain through the airdrop portal at https://airdrop.mythos.foundation, remodeling the airdropped tokens to native MYTH, which powers the Mythos gaming chain.
The airdrop distribution started on Sep. 30th and can conclude inside seven days.
Airdrop Overview
This airdrop is greater than only a distribution of tokens—it’s the product of a number of rounds of suggestions from the Polkadot group, making it essentially the most clear airdrop ever created. The airdrop was refined with enter from the Polkadot group, together with input from key Polkadot ecosystem stakeholders and leaders from organizations together with Scytale Digital, The Kusamarian, OpenGov.Watch, ChaosDAO, PermanenceDAO, and BlockDeep Labs.
The airdrop was constructed and published via Dune Analytics, led by blockchain providers agency Colourful Notion, with an audit carried out by Parity Applied sciences, permitting full transparency and group perception all through the method.
Customers can login to the airdrop portal on desktop (cellular help coming quickly) and declare the MYTH to a local Mythos chain deal with. With MYTH customers can start working on the Mythical Marketplace, transacting on the Mythos chain and readying themselves for additional incentives anticipated to be introduced within the coming weeks. The 10 Million MYTH airdrop can be meant to enhance the ongoing Mythical Forest campaign, during which holding native MYTH tokens provides customers a multiplier impact on rewards, permitting them the possibility to earn from a 2 million MYTH token pool incentivizing social duties and quests.
Airdrop Standards Trying to Reward the Most Lively Customers
The aim of the 2 campaigns is to spure participation, with the at the moment reside Legendary Forest Marketing campaign centered on social quests and the MYTH airdrop specializing in rewarding energetic Polkadot customers—those that have engaged in core actions like staking, voting in governance, and executing cross-chain (XCM) transactions; Polkadot’s signature characteristic that highlights its unparalleled interoperability. A complete of 128,796 energetic wallets are receiving rewards, with particular person wallets receiving as much as 1,337 MYTH based mostly on their degree of engagement.
Customers who had participated extra actively noticed a considerably greater share of the rewards pool. For instance:
- If one had staked their DOT, they may have acquired extra MYTH tokens.
- If one had engaged in cross-chain transactions (XCM)—Polkadot’s distinctive characteristic permitting seamless transfers throughout completely different chains.
- Much more rewards had been obtainable for voting in Polkadot’s governance system (OpenGov) and collaborating in crowdloans.
This airdrop incentivizes each energetic and passive members within the Polkadot ecosystem, rewarding those that have absolutely embraced Polkadot’s distinctive benefits. For customers who merely held DOT however didn’t actively take part, 347,885 “inactive” wallets nonetheless acquired MYTH tokens, making certain everybody with a stake in Polkadot benefited from this community-driven initiative. In each circumstances the pockets will need to have held between 10 DOT and 5000 DOT on the time of snapshot.
The MYTH token: Increasing Throughout Chains
The Mythos blockchain gaming ecosystem, in collaboration with and help of Legendary Video games, is demonstrating the ability of multi-chain interoperability with the Mythos chain and MYTH token, which is now supported throughout 4 blockchains, three of that are secured by Polkadot:
- Mythos – The native blockchain of the Mythos blockchain gaming ecosystem. Customers can work together with initiatives just like the Legendary forest marketing campaign by holding their MYTH right here. [
- Hydration – Polkadot’s main DeFi chain and most superior decentralized alternate.
- Ethereum – Dwelling of the MYTH ERC20 token, which may be bridged to the Mythos chain through Snowbridge.
- Asset Hub – A Polkadot system chain, which acts as the point of interest of liquidity coming into the Polkadot ecosystem and a hub to attach all parachains.
This multi-chain functionality reinforces Mythos’ dedication to being chain-agnostic, aligning with Polkadot’s imaginative and prescient of interoperability throughout blockchains. Customers are capable of entry and handle their tokens by all main ecosystem pockets UIs together with Nova Pockets and SubWallet for cellular customers, in addition to Talisman and SubWallet on desktop, with preliminary help for the airdrop portal coming from Talisman and SubWallet on desktop gadgets.
Future Campaigns and Gaming Incentives
Along with the present campaigns, the Mythos Basis has reserved hundreds of thousands of extra MYTH tokens, for group constructing, gaming incentives and extra, obtainable to these with energetic accounts on the native Mythos Chain. A further reserve shall be used to drive long-term engagement of token holders and players.
Extra on the Legendary Forest Marketing campaign: 2 Million MYTH Tokens Up for Grabs
Working alongside the airdrop is the Mythical Forest Campaign, the place members can full social duties and earn factors in direction of a 2 million MYTH token rewards pool. The extra duties accomplished, the extra MYTH tokens members can declare, making it an thrilling alternative for the whole Web3 group. Holders of native MYTH tokens are additional incentivized with bonus rewards.
For full particulars on the airdrop standards, together with to substantiate eligibility, readers can go to https://dune.com/substrate/mythos.
In regards to the Mythos Basis:
The Mythos Foundation is primarily accountable for the governance and growth of the MYTH token and its ecosystem. It oversees initiatives and partnerships geared toward increasing the adoption of blockchain know-how in gaming, together with managing token distribution and supporting gaming incentives. It emphasizes the broader ecosystem, governance, and strategic partnerships, such because the collaboration with Polkadot for token swaps and airdrops.
For extra data on the Mythos Basis, readers can go to https://linktr.ee/mythostoken.
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