The community was granted an average reward of $40. To obtain this, one had to dedicate around ten minutes and spend around $30 to buy WBT tokens
WhiteBIT
Expired
Progress mission: 0 of 4
Updated:
Expired
Rewards
Reward Results
$20 $400
Details
Minimal cost
Free
Time required
15 min.
Category
Testnet
Rating
6/10
Risk
Low
It has to be taken in consideration that the WhiteBIT token has been already released and this opportunity was more comparable to a marketing campaign.
The minimum number of tokens a user received was 0.1 WBT. On the other hand, the maximum was 70 WBT.
On the day of listing, the token was valued at $5.6-5.8. According to the Twitter post we can see that there have been 17,500 participants with a 100,000 WBT prize pool, therefore the average amount per user amounts to 6 WBT.
That is, the average airdrop value was around $40. Some of the criteria that had to be met in order to receive an airdrop were as follows:
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Activity on the WhiteBIT testnet;
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Performing Zealy quests;
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Holding some amount of WBT tokens in the wallet (the more the better).
Pros
One of Europe's most trusted stock exchanges
Exchange has good funding in excess of $88m+
Activity is completely free
This exchange may be needed even after the activity
Few people are interested in doing this activity
Cons
The exchange already has a token, which reduces the chance of a good reward since the drop amount can be calculated in real money
The project has announced a future retrodrop, which is quite strange for such an exchange at this stage
Probability of wasting time without any reward
How to participate?
Whitebit is one of the most growing exchanges in Europe and the top 1 for growth in Ukraine. A strong team combined with strong partnerships (public institutions) gives great confidence to users of this exchange.
Previously, Whitebit has held a token sale and it was very successful, with the exchange raising $1,900,000 from that round. Also, the exchange has funding of more than $88m, investors not disclosed. At the moment, the exchange has launched activity on a wave of hype and has written that users will be able to get "retrodrop" for completing certain tasks.
Sounds very dubious, because when has any project ever written outright that a retrodrop will take place?
So, it is fairly safe exchange that claims to retrodrop openly - costs are not high, risk-reward remains adequate, as tier3-tier5 activity can be done.