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On February 26th, the real estate-focused Solana protocol Parcl Limited caught attention with the announcement of a PRCL airdrop event set for April. The announcement followed other significant updates from Ethereum projects Pixels and Optimism. Parcl, Solana’s real estate protocol, could boost interest in the network with a planned airdrop to community members in April.
Key Details About the Parcl Airdrop Event
Parcl team has set the total supply at 1 billion, with 7-8% allocated for the airdrop event. About 10% of the token supply is currently in circulation. The new token will grant owners decentralized application management and access to real estate data. While the Parcl Foundation coordinates governance decisions, token holders will also be eligible for future incentive programs. The Parcl team will disclose tokenomics in March.
Meanwhile, Parcl announced that those eligible for the airdrop event will be informed through official channels. The airdrop event will take place in April. Parcl is a Solana protocol that provides access to global real estate indices and offers perpetual margin trading opportunities.
Additionally, it provides access to real-time real estate data in popular areas such as New York, London, Paris, and Miami. The project has received funding from Dragonfly Capital and Coinbase Ventures. The protocol’s total value locked is $78.6 million, with open interest in futures contracts at $63.5 million. The trading volume in the last 24 hours was $234.2 million.
Airdrop Season Kicks Off
Along with these developments, other airdrop events are also gearing up for their 2024 launches. The social media platform Friend tech, which encourages crypto influencer interactions, hinted at an upcoming airdrop event. Ethereum Layer-2 network Optimism also conducted an airdrop of 10 million OP tokens.
Earlier this month, the Web3 gaming project Pixels, announced an airdrop event for RON token stakers. The airdrop will release 20 million PIXEL tokens in two batches. The maximum rewards could reach up to 3,955 PIXELs per eligible wallet. While airdrop events can be profitable, they also provide fertile ground for crypto fraud. Recently, police in Singapore warned the public about so-called “cash-out kits” that criminals sell as a service on the darknet.
