Crypto Factor has set aside a CFR token allocation to primarily incentivise participation within the ecosystem via multiple token airdrops. The eligibility requirements will be shared in detail and the right time including the conditions with which one can expect airdropped CFR.
The main objectives of future airdrops include:
Increasing Awareness:By distributing tokens widely, Crypto Factor aims to garner attention and build out token usage and form a solid user base for the Platform.
Rewarding Loyalty:The Airdrops will be designed to serve and reward early platform adopters, service users and long-term holders of the Crypto Factor Token. We aim to reward a loyal Crypto Factor community rather than generate artificial hype.
Distributing Tokens:Airdrops will be used as an efficient method to ensure a wider distribution of the token, enhancing decentralisation on DeFiChain.
Crypto Factor Airdrops are a win-win; recipients get free tokens, which might increase in value, and as a community we increase visibility and potential user engagement.
CFR AIRDROP 1: (cDFI Community Staking Airdrop)
cDFI Community Staking Airdrop
We are excited to announce the cDFI Community Staking Airdrop, designed to incentivise the Beta launch of our new cDFI Service. The success of this innovative service depends on raising awareness about its importance. This service brings native MasterNode rewards to DMC at modest APRs, making consistent usage crucial for a community that understands its value.
Airdrop Details:
Airdrop Amount: 250,000 - 500,000 $CFR
Eligibility Requirements:
Navigate to the designated post (link to be confirmed).
Follow @_Crypto_Factor and @CF_MPC on Twitter (X).
Like, repost, and quote the post with your reason for supporting Crypto Factor.
Stake more than 1,000 cDFI.
Include your EVM address in the comments.
Join us in promoting and utilising the cDFI Service and earn rewards for your participation!
CONDITIONS
All criteria MUST be met (& verified)
Only a single 1,000 cDFI purchase is considered per address
The drop lasts for the length of the Beta phase OR is withdrawn
Max drop caps remain at the discretion of Crypto Factor
Questions? Join our Community here: @Crypto_Factor_TG
CFR AIRDROP 2: (JAV Collaboration Airdrop)
JAV Collaboration Airdrop
We are excited to announce the JAV Collaboration Airdrop, designed to complement our new cDFI Service, celebrate the success of our product range and express the closeness with which we work together with our fellow DMC projects.
Airdrop Details:
Airdrop Amount: 250,000 - 500,000 $CFR
Eligibility Requirements:
Receive your $CFR from Javsphere direct, via DROP!
Follow @_Crypto_Factor, @Javsphere and @CF_MPC on Twitter (X).
Like, repost, and quote both Airdrop posts (from Javsphere and Crypto Factor) with your reason for supporting DMC Projects.
Join us in celebrating the success of the leading projects on DMC!
CONDITIONS
All criteria MUST be met (& verified)
Only a single 2,000 $CFR stake is considered per address
The drop will be executed on 28/06 with the staking snapshot taken within one month. SO - do hold for this period :-)
Max drop caps remain at the discretion of Crypto Factor
Questions? Join our Community here: @Crypto_Factor_TG
CFR AIRDROP 3: (2024 Christmas Competition)
Christmas Competition Airdrop
We are excited to announce the Crypto Factor -> Christmas Competition!
Competition Guidelines:
Teams compete to create the most promising proposal for a project to run on Crypto Factor. A chance to be one of the first projects to span to Polygon!
There is no restriction to the size of a team.
The project proposal is in fact a LITE, 2 or 3 page BRIEF of the project. It is expected to contain specific information (see below), and it will be used to judge the project based on certain criteria (see also below).
For the winning team - the Crypto Factor team will help in transforming the Brief into a full Whitepaper, ready for the launchpad.
Questions about the competition and about CF’s Components and Services can be asked at any time in the Telegram Group of the competition. Questions will be answered as soon as possible by the Crypto Factor team.
The teams are asked to provide a short weekly update of their achievements and progress. This information will be part of the video that Puschi will create each week to give an update about the Advent Calendar Campaign. (Hint: this might be an opportunity to pitch your project! )
Providing a weekly update makes a team eligible for an additional CFR-prize, which will be drawn by Puschi using a spinning Wheel of Fortune (more information below).
The proposals have to be submitted at Christmas Eve at latest.
The team that wins the competition earns a prize of 100,000 CFR, and deployment of the project on both DMC ánd Polygon. The runner up earns a prize of 50,000 CFR.
The winner and the runner up will be announced during the first week of January. The prizes will then be paid out, and arrangements will be made for building and deploying the winning project. Deployment fees will be built into the token presales - no payments necessary.
Project proposal:
A project proposal should contain at least the following information:
Project description
Project description Motivation and utility goal of the project.
Why is the project interesting for prospective token holders?
How is the project different to those already out there?
Tokenomics
Tokenomics How many tokens will there be created (total supply) ?
How will the total supply be distributed? (presales, DEX-listing, rewards, treasury, ...)
Which fees will be applied and what will be done with the fees? (burned, back into the ecosystem, ...)
Use of Crypto Factor's Components and Services
How will CF's infrastructure and Digital Machinery be used to realise the project?
Which Components and Services will be used for what purpose (Presales, DEX-listing, Staking, Liquidity Mining, Asset Backing, ...)
Criteria
The project proposals will be judged on the following criteria to decide which team is the winner and which team is the runner up of the competition.
Is the project new, fresh and viable?
Is the project likely to be interesting for prospective holders and the community?
How well does the project make use of the available Components and Services?
Have future plans been scoped - considered?
Weekly Wheel of Fortune
There will be a weekly Wheel of Fortune draw. To be eligible for the draw a team must have provided a short weekly update of the achievements and progress.
The names of the teams will be put on the spinning wheel. It is up to the winning team to divide the prize among the team members.
The following prizes can be won:
Sun 8 Dec: 25,000 CFR
Sun 15 Dec: 10,000 CFR
Sun 22 Dec: 10,000 CFR
Max drop caps remain at the discretion of Crypto Factor
