SEED Combinator Airdrop Offers $30,000 Prize Pool to Reward Community Engagement

SEED Combinator has initiated the first snapshot of its airdrop today, offering participants a share of a $30,000 prize pool. This is the first of three snapshots

SEED Combinator, a decentralized venture capital fund, has announced the first snapshot for its airdrop, offering participants a chance to earn tokens from a $30,000 prize pool. This snapshot marks the beginning of a three-part airdrop campaign, with subsequent snapshots scheduled for October and November. The airdrop aims to reward community members based on their engagement levels during these snapshots.

SEED DAO, a decentralized autonomous organization (DAO), is dedicated to fostering new projects within the blockchain ecosystem by providing them with funding and support. It operates as a community-driven venture capital fund, offering members the opportunity to contribute, vote on proposals, and participate in decision-making processes.

The airdrop has already garnered significant attention, with over 1.65 million YouTube subscribers, 12.5 million Telegram followers, and 1.7 million Twitter followers joining the cause. Moreover, to further signify their involvement, nearly 2 million Seedizens have proudly integrated “SEED” into their social media usernames. Participants are encouraged to remain active throughout the airdrop period to optimize their token rewards in future snapshots, as highlighted by SEED Combinator.

This airdrop serves as a strategic initiative to expand the community in preparation for the upcoming listing on the OKX exchange, which is slated for November. The listing on OKX is expected to amplify demand for tokens. To cater to both long-term and new participants, SEED Combinator has designed the airdrop to enable everyone to earn tokens based on their activity levels. Notably, there are no set limits on token earnings, allowing participants to maximize their rewards through active engagement.

In a related development, SEED Combinator has issued a warning to inactive users. Any account that remains inactive for over 30 days will have its $SEED tokens permanently burned. The first burn is scheduled for September 27, and tokens from inactive accounts will be removed from circulation.

It's crucial to note that only active participants will be eligible for rewards during the airdrops. In fact, SEED Combinator has stated that this token burn is a measure to ensure a fair distribution of tokens by eliminating inactive accounts. To safeguard tokens, users are advised to log in regularly. The burn will ultimately reduce the overall token supply, potentially benefiting active members.

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