ChainGPT and CoinMarketCap Partner for $50,000 Airdrop
The Web3 artificial intelligence infrastructure network, ChainGPT, has collaborated with CoinMarketCap to organize an airdrop. The airdrop will distribute CGPT tokens worth $50,000 to participants in the crypto community. According to recent information shared with Finbold on October 25, it is estimated that up to 10,000 people will be able to take part in the campaign and receive tokens.
How to Participate
To participate in the ChainGPT airdrop, users can follow these steps between October 23 and November 7:
- Follow ChainGPT on Twitter.
- Like and share the promotional tweet.
- Fulfill the tasks on CoinMarketCap’s airdrop page.
By completing these actions, you will be eligible to receive free ChainGPT tokens.
Goals of the Program
The main objectives of the program are to increase the number of active CGPT holders and enhance participation in the ChainGPT community. On October 17, ChainGPT achieved a record high Total Value Locked (TVL) of over $1.3 million invested by more than 16,000 token holders.
Launch of ChainGPT’s Airdrop
The launch of ChainGPT’s airdrop follows its recent listing on top-tier exchange HTX (previously Huobi), which has expanded the accessibility of the protocol’s native token. Additionally, ChainGPT has received a Gas Grant from BNB Chain due to its active involvement in the BNB ecosystem.
Projects like the $50,000 airdrop play a crucial role in promoting ChainGPT’s solutions and generating excitement among users. The developers have announced that their next significant release will be an AI trading assistant. This tool will provide real-time analysis of thousands of tokens, including prices, sentiments, and indicator readings. It aims to help cryptocurrency traders make more informed decisions based on cutting-edge AI research.
“We are thrilled with the overwhelming support from the community with over 16,000 token holders staking $1.3M in $CGPT. As we continue to push the boundaries of innovation in Web3, our airdrop with CoinMarketCap, along with the recent listing on HTX and the BNB Chain grant, are some of the crucial steps towards expanding global access to $CGPT and ChainGPT tools and solutions.”
ChainGPT’s Fruitful Month
In October, ChainGPT had a successful month with various milestones achieved. They conducted the OpenFabric IDO on October 18, launched a $50,000 airdrop in collaboration with CoinMarketCap, received a grant from BNB Chain, and teased the upcoming launch of new products. The sale of nearly 2.5 million OFN tokens during the IDO generated over $150,000 in less than 20 seconds.
Hot Take: Expanding Accessibility and Enhancing Participation
ChainGPT’s partnership with CoinMarketCap for the $50,000 airdrop is a strategic move to increase the adoption of CGPT tokens and encourage active engagement within the ChainGPT community. By offering free tokens to participants, ChainGPT aims to attract more users and boost the total value locked in their network. Additionally, their upcoming AI trading assistant demonstrates their commitment to providing innovative solutions for cryptocurrency traders. With recent achievements such as listing on HTX and receiving a grant from BNB Chain, ChainGPT is taking significant steps towards global expansion and establishing itself as a leading player in the Web3 ecosystem.
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