For crypto enthusiasts, the announcement of new airdrops is a noteworthy event, especially during bear market conditions when unexpected rewards can prove valuable. Recently, a new airdrop campaign has been revealed by a budding application in the cryptocurrency space, drawing the attention of investors and participants in the sector.
Introducing the Stars Arena Airdrop
Stars Arena, self-proclaimed as the inaugural SocialFi platform within the Avalanche network, has recently proclaimed its airdrop offering. This initiative rewards individuals who have previously benefited from selling profile tickets at the platform’s inception with the new ARENA Tokens, based on their accumulated airdrop points.
Allocation of ARENA Tokens
For every airdrop point gathered, recipients will obtain 69 ARENA Tokens. So far, a staggering 37,120,167 points have been awarded to over 100,000 users, signifying a total token distribution of 2,561,292,000.
The airdrop distribution strategy involves releasing 10% of the entitled tokens upfront, with the remaining balance to be spread out monthly over the next several years. This phased approach aims to sustain the token’s market value. For those not already on the Stars Arena platform, now is an opportunity to start accumulating points and partake in the upcoming distribution of 10 million bonus points.
Crypto investors are encouraged to engage with the airdrop and capitalize on the potential benefits of early participation in the promising arena governed by the very community members who contribute to its growth and success.