Arcade's Airdrop: 750 ARCD Tokens for NFT Holders

Arcade’s Exciting Airdrop: A Step Toward Expansion

The crypto landscape is ever-evolving, and on February 21, an exciting opportunity awaits holders of select NFTs and Bitcoin Ordinals collections. Arcade, an innovative platform that blends the worlds of decentralized finance and digital collectibles, is set to airdrop bundles of 750 ARCD tokens to 4,000 fortunate participants. This initiative not only rewards existing users but also hints at Arcade’s strategic expansion beyond Ethereum into the realms of Solana and Bitcoin.

Key Details of the Airdrop

• Airdrop Date: February 21
• Eligibility Snapshot: February 19
• Total Tokens Distributed: 3 million ARCD tokens
• Token Circulating Supply Post-Airdrop: Approximately 6.5 million

Who Qualifies for the Airdrop?

Arcade will randomly select participants from two distinct groups of wallets:

1. Ethereum-Based NFTs:

   • Eligible Collections:
     • Pudgy Penguins
     • Lil Pudgys
     • Sappy Seals
   • Wallets Selected: 2,000

2. Solana and Bitcoin Ordinals:

   • Eligible Collections:
     • Solana: Mad Lads, Tensorians
     • Bitcoin: Bitcoin Puppets, NodeMonkes, RSIC
   • Wallets Selected: 2,000

It is important to note that users in certain countries, including the United States, are not eligible for this airdrop.

The Future of Arcade

In comments to Decrypt, co-founder Robert Masiello emphasized the company’s commitment to expanding its reach across different blockchain ecosystems. "We’re fans of those communities," Masiello stated, hinting at future protocols on Solana and Bitcoin that will align with Arcade's lending mission.

Airdrop Mechanics

• Claiming Period: Winners will have two hours, starting at 1 PM EST on February 21, to claim their tokens.
• First Come, First Served: Any unclaimed tokens will be available to other holders on a competitive basis, a concept Arcade has dubbed "Clash of Claims."

Originally, the airdrop was designed to operate entirely on a first-come, first-served basis. However, community feedback led to a modification, allowing for a more inclusive approach.

ARCD Token: Future Potential

The ARCD token, launched in October during Arcade's initial airdrop, currently serves a governance function within ArcadeDAO and is locked from transfer or sale on secondary markets. Masiello hinted at upcoming changes, indicating that the unlocking of ARCD tokens is on the horizon—details remain sparse, but the expectation is that it will occur relatively soon.

As the digital currency and NFT landscapes continue to intersect, Arcade's airdrop not only rewards loyal participants but also positions the platform for future growth and innovation across multiple blockchain ecosystems.

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The unfolding narrative of Arcade is one worth following as it navigates the complexities of decentralized finance while engaging with the vibrant NFT communities. In the spirit of gaming, you might also find the Citadel Black Dry Erase MTG Tokens useful for your Magic: The Gathering sessions.

Keep an eye on this evolving space, as Arcade's initiatives could redefine how we interact with both tokens and the gaming landscape. And for your collection, don't miss out on these Reusable Dry Erase MTG Tokens and Multifunctional Tokens Dry Erase Cards for endless fun and creativity.