HomeBlogCryptocurrency10000000 Venom Prize Pool for NFT Holders | Venom Airdrop Update | Venom Airdrop New Update

10000000 Venom Prize Pool for NFT Holders | Venom Airdrop Update | Venom Airdrop New Update

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  1. Introduction to Nam Network and Airdrop
  2. Getting Started with Season One Quest
  3. Swapping Tokens for XP
  4. Providing Liquidity and Investment Considerations
  5. Creating NFT Offers
  6. Preparing for the Airdrop
  7. Exploring Additional Airdrop Opportunities
  8. Conclusion and Next Steps
  9. FAQ

Introduction to Nam Network and Airdrop

The recent launch of the Nam Network has generated excitement and some confusion regarding the airdrop and the associated NFTs. Understanding the use case of these NFTs is crucial for participants. This article aims to provide a comprehensive guide on how to navigate the Nam Network and maximize your rewards from the airdrop.

Getting Started with Season One Quest

The Season One quest has officially gone live, and participants are required to complete specific tasks to earn rewards. To be eligible for claiming rewards, you must hold the Early Venom NFT and aim to rank on the leaderboard. The first step involves swapping tokens, which is essential for accumulating experience points (XP).

Swapping Tokens for XP

To begin, you need to swap a minimum of 0.001 Venom tokens. This can be done easily through the Nam Network platform. Once you complete the swap, your XP will be updated automatically. It is advisable to repeat this process to maximize your XP gains. Completing both tasks can yield approximately 350 XP.

Providing Liquidity and Investment Considerations

Another task involves providing liquidity, which can earn you an additional 720 XP. While investing is an option, it is not mandatory to participate in the airdrop. Participants should weigh their options carefully before deciding to invest, especially since the airdrop opportunity is available without prior investment.

Creating NFT Offers

To further engage with the Nam Network, participants are encouraged to create offers for NFTs. This requires a balance of at least 2.7 Venom tokens. After creating an offer, it is important to check all completed tasks to ensure your XP is accurately reflected. This new update is designed to enhance user engagement and reward participation.

Preparing for the Airdrop

As the airdrop is set to occur after the completion of stage six, accumulating a substantial amount of XP is vital. Participants should actively engage in tasks to ensure they are well-prepared for the airdrop. The more XP you have, the better your chances of receiving a significant reward.

Exploring Additional Airdrop Opportunities

In addition to the Nam Network airdrop, there are other opportunities available, such as the Bubble airdrop. This airdrop is straightforward and involves tasks like liking, retweeting, and following specific accounts. Participants can accumulate points by completing these tasks, making it an excellent opportunity for those looking to maximize their rewards.

Conclusion and Next Steps

In conclusion, the Nam Network and its associated airdrop present exciting opportunities for participants. By following the outlined steps and engaging with the platform, you can enhance your chances of receiving rewards. Stay informed about updates and continue to participate actively to make the most of these opportunities.

FAQ

Q: What is the Nam Network and its airdrop?
A: The Nam Network is a new platform that has launched an airdrop associated with NFTs. Understanding the use case of these NFTs is crucial for participants to maximize their rewards.
Q: How do I get started with the Season One quest?
A: To get started with the Season One quest, you need to hold the Early Venom NFT and complete specific tasks to earn rewards. The first step involves swapping tokens to accumulate experience points (XP).
Q: How do I swap tokens for XP?
A: You need to swap a minimum of 0.001 Venom tokens through the Nam Network platform. After completing the swap, your XP will be updated automatically, and repeating this process can maximize your XP gains.
Q: What is the benefit of providing liquidity?
A: Providing liquidity can earn you an additional 720 XP. While investing is an option, it is not mandatory to participate in the airdrop.
Q: How can I create NFT offers?
A: To create NFT offers, you need a balance of at least 2.7 Venom tokens. After creating an offer, check all completed tasks to ensure your XP is accurately reflected.
Q: How can I prepare for the airdrop?
A: To prepare for the airdrop, accumulate a substantial amount of XP by actively engaging in tasks. The more XP you have, the better your chances of receiving a significant reward.
Q: Are there additional airdrop opportunities?
A: Yes, besides the Nam Network airdrop, there are other opportunities like the Bubble airdrop, which involves tasks such as liking, retweeting, and following specific accounts to accumulate points.
Q: What are the next steps after learning about the Nam Network?
A: Stay informed about updates and continue to participate actively in the Nam Network to enhance your chances of receiving rewards from the airdrop.

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