- ChainGPT and CoinMarketCap announce a $50,000 airdrop.
- The project raised $150,000 in a recent IDO.
- The airdrop follows ChainGPT’s recent listing on a major exchange.
As the AI craze continues, blockchain startups are gearing up to capitalize on the trend. ChainGPT, an AI infrastructure network for web3, has announced a $50,000 airdrop to boost the number of holders. Here’s what you need to know to participate.
How to Participate in ChainGPT’s $50,000 Airdrop
On Monday, October 23, ChainGPT kicked off its airdrop campaign, which will run until November 7. The initiative is designed to distribute $50,000 worth of $CGPT tokens to up to 10,000 crypto community members.
To qualify, individuals must follow ChainGPT on Twitter, like and share the promotional post, and complete specific tasks on CoinMarketCap’s airdrop page.
ChainGPT’s Recent Milestones
The milestone comes after the $CGPT token listed on HTX, formerly known as Huobi. The listing on a major exchange enables more users to access the token. Moreover, on October 18, the company hosted the OpenFabric IDO, where more than 2.5M $OFN tokens were sold in under 20 seconds, raising $150,000.
ChainGPT provides AI-powered infrastructure tailored for the crypto, blockchain, and Web3 industries. The company offers a range of solutions, from automated smart contract generation and auditing to advanced AI-driven trading analysis.
On the Flipside
- Crypto airdrops are among the most popular marketing techniques used in the space. By airdroping tokens, projects boost their reach and potential value.
- Recently, airdrops have come under regulatory scrutiny, especially in the US. The Securities and Exchange Commission said that under certain circumstances, airdrops can fall under the definition of securities offering.
Why This Matters
The ChainGPT airdrop enables crypto traders to acquire $CGPT tokens if they want to. By participating in the airdrop, traders can diversify their portfolios without any initial investment.
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