Representatives of the ZetaChain project confirmed the airdrop for early users:
Airdrop claim eligibility is live in ZetaHub! Anyone can now enter Phase Z-1 to get ready for the launch of ZetaChain. https://t.co/gr8AJAP1Gb
— ZetaChain (@zetablockchain) January 22, 2024
As part of the distribution, the ZetaLabs team plans to award users 31.5 million ZETA tokens. Rewards will be distributed among 800,000 participants who have been active on the test network.
It is known that users have earned more than 68 billion points. This data served as the basis for the distribution of rewards. A snapshot of all completed activities and transactions was taken on August 20, 2023.
ZetaLabs clarified that users who earn more than 50,000 points are eligible to receive tiered base reward amounts. They range from 50 to 20,000 ZETA. One of the conditions for the accrual of tokens may be the verification procedure (KYC), project representatives reported.
In addition, during the process of distributing rewards, the team identified and deleted more than 300,000 accounts, suspecting them of “Attack of the Sibyl” and violation of the general rules of participation.
As the developers noted, the airdrop stamp will be available after the project is released on the mainnet. Meanwhile, ZetaLabs did not announce the exact launch date of the main network.
ZetaChain investors include venture capital funds CMT Digital, Jane Street Capital and Sky9 Capital. In 2023, the project attracted investments worth $27 million.
Source: Cryptocurrency
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