Interact with the Phantom Wallet through in-wallet features to be eligible for a potential airdrop.
Phantom Wallet
Wallets
Phantom Wallet
Progress mission: 0 of 4
Rewards
Rewards
TBA
Past rewards
$500 $24,500
Details
Minimal cost
~$5
Time required
15 min.
Category
Mainnet
Rating
7/10
Risk
Low
Phantom Wallet, popular on the Solana network, has strong support with $118 million from top-tier investors.
It has the potential to start airdrop campaigns in the future. However, there are no official statements or plans about launching their own token or moving towards decentralization at this time.
Based on our experience, to be eligible for projects like this, you should use various wallet features that involve on-chain interactions, such as sending NFTs, completing quests, minting NFTs, and using the in-wallet swap feature. Aim to generate at least $10,000 in volume through in-wallet swaps—the larger the volume, the better. For this, you will need at least $500. It can be done with smaller amounts, but this will require more transactions, leading to higher transaction fees.
Pros & Cons
Why is it worth it?
Substantial Backing
Gained solid support from renowned funds like Paradigm and a16z, with a $118 million raise.
Relatively Small Competition
Smaller user base suggests less competition for an airdrop, especially compared to established wallets like Metamask.
Risks to consider
Uncertain Token Plans
No clear information about a token or airdrop campaign is available.
Lack of Token Necessity
The wallet currently doesn't require a token, and utility for one would need to be developed.
No Defined Roadmap
Absence of a public roadmap makes predicting future developments, like a potential airdrop, challenging.
Requires Funds
To participate efficiently, you need to use at least $500 to generate volume and avoid being marked as a bot.
How to participate?
Every opportunity has its own rules. Following these closely can significantly increase your chances of qualifying for rewards. Here’s a list of recommendations from our team to help maximise your chances of benefiting from this opportunity.
- Use Wallet for Swaps: The primary task is to use the wallet's built-in swap feature. Try to reach a total trading volume of $10,000 and make at least 5 swaps.
- Trade NFTs Through Wallet: You can also buy or send NFTs (Non-Fungible Tokens) using the wallet. This adds to your interaction with the platform.
- Join Partnership Quests/Tasks: Participate in quest and task campaigns that are run in partnership with other projects. These activities can enhance your involvement and offer additional rewards.
- Engage on Social Media and Discord: Follow the project's social media channels and join their Discord channel. Stay active in these communities to stay updated and involved.
- Earn Roles on Discord: While active on Discord, aim to acquire specific roles within the community. These roles can indicate your level of participation and contribution to the project.