Arcade to Airdrop $3M Tokens to Mega SOL, ETH, BTC NFTs

Arcade — a top protocol in the NFT lending space — is rolling out a significant airdrop of 3 million $ARCD tokens to owners of top Solana (SOL), Ethereum (ETH), and Bitcoin (BTC) NFTs.

As of February 21, eligible collections will include Solana’s Mad Lads and Tensorians; Ethereum’s Pudgy Penguins, Lil Pudgys, and Sappy Seals; and Bitcoin Ordinals‘ Bitcoin Puppets, NodeMonkes, and RSIC.

The ‘Clash of Claims’ event allows participants to win part of 3% of the company’s token supply, with the first 4,000 wallets able to claim $750 in $ARCD tokens from a 3 million token prize pool until depleted.

Claims will be first-come, first-served within a 2-hour window on the ETH Mainnet. NFT collection owners can join by linking their ETH, SOL, or BTC wallets to the Arcade platform.

Check out Arcade’s X account for more information regarding the application process.

Source: X (Arcade)

Arcade’s Airdrop Origins and Future Outlook

This event marks Arcade’s second foray into airdrops, building on the success of its earlier token giveaway in October last year.

Currently, the $ARCD token’s primary role is for governance voting within the ArcadeDAO, acting as a non-tradable asset. However, plans are afoot to make $ARCD tradable, rumored to coincide with the airdrop’s timing.

Post-airdrop, the expected circulating supply of $ARCD is projected to hit approximately 6.5 million, with the ultimate goal being to limit the total supply to 100 million in the future.

The upcoming Arcade airdrop tokens and $ARCD’s transition to a tradable asset highlight the platform’s dedication to community engagement and signal its growth trajectory in the NFT lending sector.

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

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Arcade to Airdrop $3M Tokens to Mega SOL, ETH, BTC NFTs

Arcade’s Airdrop Origins and Future Outlook

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