Check out how many tokens people received from the REPUBLIK airdrop.
REPUBLIK
Expired
Progress mission: 0 of 4
Expired
Rewards
Reward Results
$1 $4
Details
Minimal cost
Free
Time required
20 min.
Category
Mainnet
Rating
6/10
Risk
Low
On average, people received rewards in tokens ranging from 30 to 150 RPK tokens, with the token price at the time of the drop hovering around $0.04. This resulted in rewards ranging from $1 up to $4.
Besides that, the token is currently available on the Ethereum mainnet and won't even cover commissions. In addition, the claim will be available in December 2023, and by the time of claiming, the price can change significantly.
To be eligible, you had to have at least a bronze badge in the app and be active until the claiming.
The rewards are continuous and based on the experience you have in the app. There's no disclosed conversion rate, essentially making it completely up to the team's decision.
Pros & Cons
Why is it worth it?
Confirmed Token and Airdrop
Both the token and airdrop are confirmed in the documentation and on social media.
Waiting Time
According to the announcement, both token listings and the airdrop are scheduled for November 2023.
Cost-Free
Participating in this opportunity doesn't require financial involvement.
Risks to consider
Relatively Small Funding
The project has raised $6 million from tier 2-3 funds.
Significant Competition
As per SimilarWeb data, the total number of visits, approximately 1 million, has doubled from September to October 2023.
How to participate?
REPUBLIK is a platform designed to revamp how content creators monetize their work, proposing a more equitable system through a specialized digital currency. The project has confirmed continuous airdrops based on XP gained within the app, both in documentation and on social media.
The project secured $6 million from tier 2-3 funds, which is relatively modest compared to other SocialFi apps like Forcaster, Friend.Tech, and Lens Protocol. Consequently, the expected airdrop valuation might be comparatively lower, but the unpredictability of airdrops means the outcome isn't guaranteed.
There are also rumors of the project getting listed on tier 1 exchanges, and that Galxe OATS may act as a multiplier for the airdrop value, which could potentially increase its worth.
According to SimilarWeb, the total number of site visits nearly doubled from 450k in September to 970k in October 2023, likely spurred by the airdrop campaign. Nonetheless, this surge indicates increased competition for a share of the airdrop.
Public announcements suggest that the token launch, airdrop, and listing will occur in November 2023, which means there's a minimal wait time. (Month of writing - November 2023)
If circumstances remain unchanged, anyone with some spare time can participate and potentially be rewarded by the end of the month.