Gate Wallet BountyDrop is a one-stop aggregation activity that gathers information on current popular Airdrop projects, providing users with a quick path for Airdrop interaction tasks. Users can quickly browse the latest Airdrop projects, understand basic information such as project introduction, interaction process, participation time, and more, and directly access the project page through task links to participate in interactions. Users enter the BountyDrop platform using Gate Wallet and can freely participate in interaction tasks of various projects, thereby increasing the chances of obtaining Airdrop rewards from the projects.
Latest Airdrop Project: XL1
XL1 is the utility token of XYO’s first layer network, which serves as the first scalable data blockchain, bringing verifiable information on-chain. XL1 is used to pay gas fees and transaction fees (part of which will be destroyed through an activity mechanism), driving smart contracts, decentralized applications, and validator rewards, supporting cross-chain bridging/wrapping functions, and incentivizing participation through staking and tiered reward mechanisms. The ecosystem adopts a dual-token mechanism: XL1 drives on-chain operations; XYO supports the contributor network - encompassing the reward mechanism, staking governance, and security guarantees. XYO’s decentralized oracle network (DePIN) consists of millions of nodes, combining location proof and source proof technologies to provide reliable data support for artificial intelligence, real-world assets, geospatial intelligence, and location-based games.
- Event time: September 23 - October 7
- Rewards: Share 31,645,570 XL1
After the event ends, 1,000 participants will be randomly selected from all those who completed the tasks to share 31,645,570 XL1.
How to participate in the XL1 Airdrop task
During the event, all interactive tasks require connecting to the Gate Wallet EVM Chain address for interaction. Completing all interactive task validations will give you a chance to receive Airdrop rewards.
- Gate Wallet holds at least 10 U of all-chain assets.
- Follow XL1 on Twitter
- Join XL1 Telegram
- Join XL1 Discord
- Forward XL1 tweet
Download the Gate APP, click on Web3, and enter "BountyDrop" through the wallet homepage banner or the discovery page to participate.
Other considerations
- All tasks must be clicked "Verify" during the event period to be considered valid participation; tasks that do not complete the "Task Verification" on the event page during the event period will be regarded as a forfeiture of participation;
- Rewards cannot be obtained repeatedly, that is, if the same user participates in the event using multiple wallet addresses, rewards will be distributed based on the single wallet address that can obtain the highest reward.
- To ensure the fairness and impartiality of the event, all reward users must undergo platform review to eliminate incidents such as witch attacks; if multiple addresses from the same device participate in the event, rewards will be randomly distributed to one of the eligible addresses.
- Gate Wallet reserves the right of final interpretation for this event. If any participant is found to have used improper means or engaged in cheating, their eligibility to receive the event rewards will be revoked.
Risk Warning
- The BountyDrop project is a blockchain startup that is still in its early stages, and there may be significant risks associated with the project’s operations, underlying technology, legal and regulatory environment, etc.
- Understanding blockchain startups and assessing their inherent risks requires advanced technical and financial knowledge.
- Due to factors such as technology, laws and regulations, the market, and others, the price of the project you participate in may fluctuate dramatically, and the price may significantly decrease or increase.
- Due to the underlying technology of the project or the Gate trading platform, the project you participated in may not be able to withdraw fully or partially.
- Virtual currency projects carry high risks. The prices of virtual currencies are highly volatile. The project parties have not set any margin and do not provide any price guarantees or breakage guarantees. Please make sure to participate only after fully understanding the risks and being able to bear the risks. The platform strongly warns of risks but cannot assume any liability for investment actions.
