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As the cryptocurrency market surges, excitement among the Mantra community doubles with the announcement of a 50 million OM token airdrop. The Mantra team has revealed that over 350,000 community members, NFT holders, stakers, and contributors to the ecosystem will be eligible for this significant “GenDrop” airdrop. Hints about this announcement were provided back in April, and now, the distribution is just around the corner.
Airdrop Announcement and Distribution List
The Mantra team announced the 50 million OM airdrop, scheduled for November 8. This announcement was highly anticipated by the community. The distribution list has also been published, allowing participants to check their group status. Through the Mantra Zone platform, users can monitor their distributions.
To facilitate the airdrop process, the team activated the “GenDrop Checker” tool. This tool enables users to verify the amounts they will receive in the airdrop. While eligibility criteria were explained, participant addresses were also shared.
Distributions to Other Categories
The team plans to conduct the distribution across different groups, each with specific eligibility criteria. This model aims to provide all participants with a more equal chance. According to the official announcement, the OM airdrop will be distributed among a total of 11 groups and 350,000 users. Sixty percent of this amount (30 million OM) is allocated to those participating in KARMA Pre-Mainnet Tasks, with approximately 124,758 addresses set to receive tokens from this pool.
The second-largest distribution is allocated for Galxe Season 1 participants, covering 12% of the total supply, with 125,725 addresses deemed eligible. Users who score 215 or more points from Galxe tasks will benefit from this airdrop. Additionally, extra requirements have been set for users adding EVM addresses.
Other categories included in the distribution consist of ATOM stakers, Bad Kids NFT holders, Celestine Sloths NFT holders, Pudgy Penguins NFT holders, and Testnet validators. MANTRA will distribute tokens to various other categories, such as NFTs and Bit Kids, at determined ratios.
The Mantra team has successfully rekindled community interest. Although the official distribution date for the OM airdrop has not yet been revealed, the community eagerly awaits this development. The potential effects on the OM price remain a focal point of the market.
Successfully completing the airdrop could strengthen Mantra’s position within the ecosystem. It is essential for participants to carefully review eligibility criteria to verify their rights. The token activity post-distribution may create various dynamics in the market.
