bitcoin
Bitcoin (BTC) $ 62,788.82
ethereum
Ethereum (ETH) $ 2,440.72
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 576.42
xrp
XRP (XRP) $ 0.530638
cardano
Cardano (ADA) $ 0.350437
usd-coin
USDC (USDC) $ 0.999888
matic-network
Polygon (MATIC) $ 0.377209
binance-usd
BUSD (BUSD) $ 0.998708
dogecoin
Dogecoin (DOGE) $ 0.107594
okb
OKB (OKB) $ 42.52
polkadot
Polkadot (DOT) $ 4.14
shiba-inu
Shiba Inu (SHIB) $ 0.000018
tron
TRON (TRX) $ 0.156682
uniswap
Uniswap (UNI) $ 7.15
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 62,585.77
dai
Dai (DAI) $ 1.00
litecoin
Litecoin (LTC) $ 65.76
staked-ether
Lido Staked Ether (STETH) $ 2,439.46
solana
Solana (SOL) $ 144.25
avalanche-2
Avalanche (AVAX) $ 26.58
chainlink
Chainlink (LINK) $ 11.13
cosmos
Cosmos Hub (ATOM) $ 4.38
the-open-network
Toncoin (TON) $ 5.20
ethereum-classic
Ethereum Classic (ETC) $ 18.54
leo-token
LEO Token (LEO) $ 6.00
filecoin
Filecoin (FIL) $ 3.71
bitcoin-cash
Bitcoin Cash (BCH) $ 330.41
monero
Monero (XMR) $ 146.80
Tuesday, October 8, 2024
bitcoin
Bitcoin (BTC) $ 62,788.82
ethereum
Ethereum (ETH) $ 2,440.72
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 576.42
usd-coin
USDC (USDC) $ 0.999888
xrp
XRP (XRP) $ 0.530638
binance-usd
BUSD (BUSD) $ 0.998708
dogecoin
Dogecoin (DOGE) $ 0.107594
cardano
Cardano (ADA) $ 0.350437
solana
Solana (SOL) $ 144.25
matic-network
Polygon (MATIC) $ 0.377209
polkadot
Polkadot (DOT) $ 4.14
tron
TRON (TRX) $ 0.156682
HomeCryptoNftOnChainMonkey introduces KARMA tokens, goals to bolster ecosystem with strategic airdrop

OnChainMonkey introduces KARMA tokens, goals to bolster ecosystem with strategic airdrop

Common NFT mission OnChainMonkey (OCM) has unveiled KARMA tokens as a part of its efforts to broaden its burgeoning ecosystem, in response to a Jan. 24 assertion shared with cryptoteprise.

OCM defined that KARMA is strategically designed to raise its model presence and seize the market’s consideration in the direction of its platform. The digital asset is poised to play a pivotal function in advancing the general progress technique of the platform.

What’s KARMA

KARMA is a cryptocurrency designed to reward OnChainMonkey NFT holders and interact the broader crypto neighborhood, boasting a complete provide of 1 billion tokens. Notably, 70% (700 million tokens) are earmarked for strategic airdrops to the OCM, TRAC, and PIPE communities, guaranteeing a strong preliminary distribution.

Of the 700 million tokens designated for airdrops, 560 million shall be allotted to OnChainMonkey NFT holders. Every Celestial NFT receives 1 million tokens, Dimensions 300 NFTs obtain 135,000 tokens, Genesis NFT holders get 40,950 tokens, and Karma 1 and Karma 2 holders are entitled to 4,500 tokens every.

It’s vital to notice that solely property migrated to Bitcoin from Ethereum will qualify for the airdrop. Tokens shall be reserved for Karma holders till their migration, with Genesis holders strongly inspired to to migrate by Jan. 24.

Moreover, 112 million KARMA tokens shall be distributed to TRAC token holders, and PIPE token holders will obtain 28 million KARMA.

A good portion of the overall provide, 20% (200 million tokens), shall be out there for a token swap completely for TRAC token holders. As well as, the neighborhood treasury will get 10% (100 million tokens) to gasoline ecosystem progress.

The 200 million KARMA tokens allotted for the Token Swap will empower the neighborhood treasury to generate 500,000 TRAC. TRAC holders can swap their tokens for KARMA at a positive ratio of 1 TRAC to 400 KARMA.

Consequently, the generated 500,000 items of TRAC could be staked on Trac Core to validate the community on Faucet Protocol as a result of “the crew strongly believes within the imaginative and prescient of Faucet Protocol and the significance of constructing a decentralized indexer.”

OCM is a group of 10,000 Ethereum NFT profile photos (PFPs) minted in 2021, in response to OpenSea. Final yr, the mission joined the raving curiosity in Bitcoin Ordinals, spending over $1 million to inscribe all its current art work on the highest blockchain community.

Extra data on the OCM migration and KARMA token will be discovered right here.

OnChainMonkey introduces KARMA tokens, goals to bolster ecosystem with strategic airdrop

RELATED ARTICLES

Most Popular