10 Million MYTH Tokens Airdropped to over 450,000 DOT Holders

October 1, 2024

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Zug, Switzerland, October 1st, 2024, Chainwire

The MYTH Airdrop Distributes Rewards to Polkadot Customers in a Massive 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 business 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. thirtieth and can conclude inside seven days.

Airdrop Overview

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This airdrop is greater than only a distribution of tokens—it’s the product of a number of rounds of suggestions from the Polkadot neighborhood, making it essentially the most clear airdrop ever created. The airdrop was refined with enter from the Polkadot neighborhood, 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 performed by Parity Applied sciences, permitting full transparency and neighborhood perception all through the method.

Customers can login to the airdrop portal on desktop (cellular assist 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 ten Million MYTH airdrop can be meant to enrich the ongoing Mythical Forest campaign, through which holding native MYTH tokens provides customers a multiplier impact on rewards, permitting them the prospect to earn from a 2 million MYTH token pool incentivizing social duties and quests.

Airdrop Standards Trying to Reward the Most Energetic Customers

The purpose of the 2 campaigns is to spure participation, with the presently reside Legendary Forest Marketing campaign targeted on social quests and the MYTH airdrop specializing in rewarding lively 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 lively 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 larger 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 totally different chains.
Much more rewards have been accessible for voting in Polkadot’s governance system (OpenGov) and taking part in crowdloans.

This airdrop incentivizes each lively and passive members within the Polkadot ecosystem, rewarding those that have totally 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, guaranteeing 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 assist 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 leading DeFi chain and most advanced decentralized exchange.
Ethereum – Home of the MYTH ERC20 token, which can be bridged to the Mythos chain via Snowbridge.
Asset Hub – A Polkadot system chain, which acts as the focal point of liquidity entering the Polkadot ecosystem and a hub to connect all parachains.

This multi-chain capability reinforces Mythos’ commitment to being chain-agnostic, aligning with Polkadot’s vision of interoperability across blockchains. Users are able to access and manage their tokens through all major ecosystem wallet UIs including Nova Wallet and SubWallet for mobile users, as well as Talisman and SubWallet on desktop, with initial support for the airdrop portal coming from Talisman and SubWallet on desktop devices.

Future Campaigns and Gaming Incentives

In addition to the current campaigns, the Mythos Foundation has reserved millions of additional MYTH tokens, for community building, gaming incentives and more, available to those with active accounts on the native Mythos Chain. An additional reserve will be used to drive long-term engagement of token holders and gamers.

More on the Mythical Forest Campaign: 2 Million MYTH Tokens Up for Grabs

Running alongside the airdrop is the Mythical Forest Campaign, where participants can complete social tasks and earn points towards a 2 million MYTH token rewards pool. The more tasks completed, the more MYTH tokens participants can claim, making it an exciting opportunity for the entire Web3 community. Holders of native MYTH tokens are further incentivized with bonus rewards.

For full details on the airdrop criteria, including to confirm eligibility, readers can visit https://dune.com/substrate/mythos.

About the Mythos Foundation:

The Mythos Foundation is primarily responsible for the governance and development of the MYTH token and its ecosystem. It oversees initiatives and partnerships aimed at expanding the adoption of blockchain technology in gaming, including managing token distribution and supporting gaming incentives. It emphasizes the broader ecosystem, governance, and strategic partnerships, such as the collaboration with Polkadot for token swaps and airdrops.

For more information on the Mythos Foundation, readers can visit https://linktr.ee/mythostoken.