Check out how much users were able to earn by participating in the Taiko testnet!
Taiko Testnet
Expired
Progress mission: 0 of 10
Expired
Rewards
Reward Results
$114 $24,250
Details
Minimal cost
Free
Time required
45 min.
Category
Testnet
Rating
7/10
Risk
Low
The Taiko token ($TKO) airdrop launched on the 5th of June, 2024.
As of the time of writing, there are around 110,000 holders. The minimum amount of claim has been around 38 $TKO, with the maximum amount being around 8,000 $TKO.
The average amount of tokens per claim was around 140 $TKO.
Based on the fact that the Taiko token price was ranging around $3 per one token it was possible to achieve the below results:
- Minimum: $114
- Average: $420
- Max: $24250
Users who ran nodes for Taiko were able to get one of the biggest airdrop amounts.
Pros & Cons
Investment Amount
Secured $22 million in funding, ensuring strong financial support.
Support
Endorsed by influential figures like Vitalik Buterin, enhancing credibility.
Token
$TKO token is confirmed, being mentioned in the project docs.
Cost
Participation is free, accessible to many users.
Task Repetition
It may not be necessary to repeat tasks like bridging in and out of the Taiko chain unless there are updates to the network and a new bridge is introduced.
Difficulty
Some of the steps involved in participating in Taiko may not be easy to complete, which could discourage or challenge some users.
How to participate?
- Focus on Bridging: The most important activities in Taiko are bridging assets in and out of the platform, as they are considered primary tasks.
- Low Volume in Testnet: Taiko is in the testnet phase, so high volume isn't necessary. Instead, consider additional tasks like participating in Galxe campaigns.
- Focus on Additional Tasks: It might be more profitable to complete additional tasks after the main ones in Taiko, especially during the testnet phase. Participating in Galxe campaigns and similar activities could be beneficial.