Almanak has introduced their points program in July. Learn how to build AI agents and qualify for the potential airdrop.
Almanak
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Rewards
Past rewards
$1,000 $10,000
Details
Minimal cost
~$10
Time required
60 min.
Category
Mainnet
Rating
6/10
Risk
Medium
Almanak, like many new crypto projects, has a Points program. This program rewards beta users and supports the community.
These points may turn into real Almanak tokens or special benefits when the platform launches its token.
What is the Points Program? It’s an incentive campaign where users earn “Almanak Points” for completing certain actions or tasks on the platform. Think of points as a score for your contributions – the more points you have, the larger your share of any future token airdrop or rewards pool might be. Almanak announced this program to encourage people to try the product and provide feedback during its early phase. It’s similar to what other projects have done: using points to track engagement and then rewarding top participants once the token goes live.
How Points Might Convert? Almanak will confirm the details. Typically, points can be exchanged for tokens at launch. Also, those with the most points may receive the largest airdrops. For example, if Almanak allocates 5% of its tokens to early users, your portion of that depends on how many points you earned relative to others. So, earning points now could mean getting a nice stack of $ALMA (hypothetical token) later, essentially for free.
Pros
Early Adopter Rewards Potential
– Joining Almanak’s points program early gives you a chance for significant future rewards. Past projects often gave early users token drops worth $1,000 to $10,000. By earning points now with a small investment, you could secure a good amount of Almanak’s token when it launches.
Low Entry Cost & Non-Custodial Safety
– Getting involved in the Almanak points campaign doesn’t need a big investment. You might only spend around $5–$10 for gas fees on networks like Base or Arbitrum. There’s no large stake or purchase needed – it’s mostly about time and activity. Plus, you use your own wallet, which means you aren’t risking much by depositing funds into a third-party platform.
Skill Development & Hands-On Experience
– This opportunity offers not just monetary rewards but also a chance to learn about DeFi and AI tech. By completing tasks like setting up the SDK and deploying agents, you’ll gain experience with Python coding, smart contract wallets, and AI automation. This knowledge can be valuable for advanced crypto trading or development.
Community Engagement & Influence
– Almanak’s points program encourages feedback and community growth. As you participate (joining Discord, completing quests, or reporting bugs), you become part of a vibrant community. Early contributors often gain recognition and influence project development. With governance elements like a future veToken model, being active now positions you as a knowledgeable member who could influence decisions later.
High Transparency in Progress
– Unlike some airdrops that leave you guessing, Almanak’s point system is transparent. You can track your points and see your progress. This helps you know which activities are valued and where you stand among participants. If you see you’re close to a higher reward tier, you can do a bit more to boost your points.
Cons
Cons Uncertain Reward Outcome
– There’s no guarantee on the airdrop’s value or when the token will launch. While points should convert to tokens, their value is unknown and may vary widely. The token might launch during a bear market, leading to a modest reward. Worst case, the project could delay the airdrop. In short, you’re working on speculation – the potential reward rather than a confirmed outcome.
Time-Intensive & Technically Demanding
– The Almanak points tasks are not just a few clicks. They require a series of advanced steps – installing a Python SDK, coding strategy, and deploying smart contracts. It can take around 60 minutes or more to complete, assuming you’re comfortable with command-line tools and DeFi concepts. For newer users, the process can be confusing. They may need to do extra research, like learning about "whitelisting your wallet" or "pushing a strategy repo."
No Immediate Profit & Opportunity Cost
– A points airdrop doesn’t give instant returns like trading or staking. Instead, it offers rewards later. You may spend hours over days or weeks on tasks and get nothing tangible now (points have no market value). That time could be used for other airdrop hunts or profitable trades. There’s an opportunity cost: if the airdrop doesn’t work out or is smaller than expected, you might feel your time was better spent elsewhere. This is important, especially for those with limited time for crypto activities.
Small Financial Outlay (Gas Fees) and Setup Hassles
– You still need to spend some ETH (or another chain’s gas token) for required transactions. If you’re not on the Base or Arbitrum network, you’ll need to bridge funds, which can add fees and waiting times. In total, you might spend around $5–$15 on gas and bridging. Mistakes (like sending to the wrong network) could cost more. Also, the whitelist requirement may mean waiting for access, which can be frustrating.
Beta Platform Risks
– Using Almanak in its beta state comes with risks. Smart contracts and features are new and may have bugs. A glitch in the deployment process could lock your funds (especially if you spend more than the minimum $5–$10 for testing). There’s also the risk of tasks not tracking correctly – you may complete everything, yet a bug fails to record your points, needing support to fix it. Non-custodial design helps avoid big losses.
Competitive Airdrop Hunt
– Opportunities like this dr aw in many participants, often thousands of crypto enthusiasts. This makes the Almanak points race competitive. If the token allocation is fixed, more participants may lower the share each person gets. Some might try to game the system (using bots or multiple accounts, even if discouraged), which could skew results.