Loading...

ChainGPT partners with CoinMarketCap for a $50,000 Airdrop

ChainGPT

Most read

Loading Most Ready posts..

TL;DR

  • ChainGPT has announced an airdrop in collaboration with CoinMarketCap to give away $50,000 of $CGPT as part of the initiative.
  • Up to 10,000 crypto community members are eligible to participate in the campaign and get a portion of the token airdrop.
  • As the bull run market returns, October has been a productive month for ChainGPT, having raised $150K from an OpenFabric IDO on October 18 with the sale of more than 2.5M $OFN tokens.

ChainGPT, a pioneering AI infrastructure network for the Web3 ecosystem, has announced a strategic partnership with CoinMarketCap to launch a generous airdrop campaign, gifting crypto fans $50,000 in $CGPT tokens. This interesting initiative intends to reward and engage the crypto community while also broadening the reach of ChainGPT’s native coin. 

According to the press release shared with Cryptopolitan, a portion of the airdrop will be available to up to 10,000 participants. ChainGPT is the market leader in AI-powered infrastructure for the crypto, blockchain, and Web3 industries. 

ChainGPT and CoinMarketCap bring a powerful partnership to the crypto ecosystem

ChainGPT is the most comprehensive end-to-end AI solution on the market, with capabilities ranging from automated smart contract production and auditing to autonomous community administration, powerful Web3 AI chatbot, AI-powered news aggregation, and NFT generation.

CoinMarketCap is the world’s most-referenced price-tracking website for crypto assets in the fast-growing crypto market. Its objective is to make crypto more accessible and efficient around the world by providing retail customers with unbiased, high-quality, and reliable information from which they may reach their own informed conclusions.

Per the report, the ChainGPT airdrop will take place between October 23 and November 7. How will you become eligible for the airdrop? People who follow ChainGPT on Twitter, like and share the promotional tweet, and complete the tasks on CoinMarketCap’s airdrop page will be eligible for the airdrop during this time period.

The program is intended to increase the number of active $CGPT holders and to encourage community involvement. Moreover, on October 17, the team disclosed that over 16,000 token holders had staked more than $1.3M in $CGPT, setting a new milestone for ChainGPT’s TVL.

The start of the ChainGPT airdrop comes only days after $CGPT was listed on tier 1 exchange HTX (previously known as Huobi), expanding global access to the protocol’s native token. In addition, ChainGPT just announced that it has been given a Gas Grant by BNB Chain. The initiative has won funding for October because of its prolific activities inside the BNB ecosystem.

ChainGPT and CoinMarketCap’s intent to transform the Web3 landscape

Efforts such as the $50,000 airdrop are critical in raising awareness of ChainGPT’s ongoing solution development while maintaining excitement for upcoming product releases. Moreover, an AI trading assistant is one of ChainGPT’s widely anticipated forthcoming releases. 

This application provides users with technical analysis for hundreds of tokens, real-time price analysis, sentiment analysis, and indicator insights, allowing crypto traders to make more informed decisions based on powerful artificial intelligence analysis of current market conditions. Ilan Rakhmanov, the CEO of ChainGPT, puts it this way:

 We are thrilled with the overwhelming support from the community with over 16,000 token holders staking $1.3M in $CGPT. As we continue to push the boundaries of innovation in Web3, our airdrop with CoinMarketCap, along with the recent listing on HTX and the BNB Chain grant, are some of the crucial steps towards expanding global access to $CGPT and ChainGPT tools and solutions.

We also aim to empower cryptocurrency traders with state-of-the-art AI analysis as we prepare for the launch of our AI Trading Assistant. These initiatives are essential in our mission to raise awareness of solutions that ChatGPT has to offer through the power of AI, but also serve as a way for our team to share genuine excitement for the things that are yet to come.

Ilan Rakhmanov

For ChainGPT, October has been a fruitful month. On October 18, it hosted the OpenFabric IDO and made announcements regarding its $50,000 airdrop collaboration with CoinMarketCap, BNB Chain grant, and forthcoming product releases. $150,000 was raised through the sale of over 2.5 million $OFN tokens in less than 20 seconds.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

Share link:

Florence Muchai

Florence is a crypto enthusiast and writer who loves to travel. As a digital nomad, she explores the transformative power of blockchain technology. Her writing reflects the limitless possibilities for humanity to connect and grow.

Stay on top of crypto news, get daily updates in your inbox

Related News

Cryptopolitan
Subscribe to CryptoPolitan