The Web3 artificial intelligence infrastructure network ChainGPT has teamed up with CoinMarketCap to host an airdrop. In all, CGPT tokens worth $50,000 will be distributed.
It is estimated that up to 10,000 people in the crypto community will be able to take part in the campaign and obtain tokens as a result, as per the latest information shared with Finbold on October 25.
Between October 23 and November 7, users may participate in the ChainGPT airdrop. People who follow ChainGPT on Twitter during this time period, like and share the promotional tweet, and fulfill the tasks on CoinMarketCap’s airdrop page will be eligible to get free ChainGPT tokens.
The goals of the program are to increase the number of users actively holding CGPT and to enhance participation in the community. A record high for ChainGPT’s TVL was announced on October 17: more than $1.3 million of CGPT is presently invested by more than 16,000 token holders.
Launch of ChainGPT’s airdrop
The launch of ChainGPT’s airdrop comes only days after CGPT was listed on top-tier exchange HTX (previously Huobi), further expanding the protocol’s native token’s worldwide accessibility. ChainGPT also just shared the news that it has been granted a Gas Grant by BNB Chain. Due to its extensive participation in the BNB ecosystem, the project has been awarded funding for the month of October.
Projects like the $50,000 airdrop help get the word out about the solutions that ChainGPT is working on, and they keep people excited as they near completion. The ChainGPT developers have announced that AI trading assistant assistance is one of their next significant releases.
It claims to be able to analyze the technical aspects of thousands of tokens, including their prices, sentiments, and indicator readings in real time. The tool will aid cryptocurrency traders in making more informed judgments based on cutting-edge AI research of the market.
Ilan Rakhmanov, the CEO of ChainGPT said:
“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 has had a fruitful month in October. It held the OpenFabric IDO on October 18 and announced a $50,000 airdrop in partnership with CoinMarketCap, a grant from BNB Chain, and teased the launching of additional products. The sale of almost 2.5 million $OFN tokens brought in over $150,000 in less than 20 seconds.