Welcome back to Alpha drop! My name is Ron Martin. Here I'm an analyst of Box Mining, and today we've got some really under farmed Alpha for you guys. Now, the thing about under farmed airdrops means they have relatively less users, but with the right amount of funding, by participating in these airdrops, you can get considerably really good rewards because the reward pools in the airdrops are much less diluted. So, none of this is financial advice. This is just for informational purposes. And also, with under farmed Alpha, there comes some risk, so we'll also discuss those in this video. Alright, cool, so what's airdrop number one, Ron?
Airdrop number one is Good Chain. This came about in the last live stream we did. A viewer was talking about, "Hey, Ron, have you checked out Good Chain? They're doing an airdrop." You know, I looked at the website. I'm like, "Are you serious? What is this?" Like, I looked at their product, and it's a staking platform. And at first, I thought to myself, "Why would I want to deposit into this platform? What makes it good?" At first glance at research, is they are invested, funded by Morning Star Ventures. So, this caught my eye. Morning Star Ventures is one of the Tier 1 VCs. But the funding amount that they put is not high: 5 million. So, this is their MVP. This is their minimum viable product for Good Chain. This is like a beta play to fuel Network. It's the same exact Playbook: you just deposit assets to get the airdrop. Whereas Fuel Network has a very high TVL, very diluted. I think if you don't have maybe like a million, you're not going to get much from this unless you've deposited since day one for Fuel Network because this is linear based. They have a multiplier, and your multiplier is higher if you've deposited earlier. So as of now, it's still really under farmed because the TVL is at 4.5 million. These are the amounts of assets that are staked here onto Good Chain. The assets that you can deposit are ETH. You can also deposit Stables if you want, but primarily ETH or Stables, or restake ETH. So if you have any leftovers and you're interested in getting an exposure to Good Chain, this can be a potential play for you.
Okay, this video is brought to you by Bybit. So Bybit is one of the leading exchanges right now for trading anything from your coins on the spot market or if you're aggressive and you want to be a professional Trader, you can do the Futures Market, which has really good liquidity. It's probably one of the best right now at this current point right now. If you register, you get a bonus here. So we actually have a super special bonus for every viewer on this channel. And on top of that, I would actually recommend you do it now before rather than later because as this market increases and as things get more exciting, the process gets longer and longer as time goes on. So get your accounts early. Sign up for Bybit now. By depositing your assets here onto Good Chain, you're going to be getting seed allocation. And also another thing attractive about this airdrop is this is a linear based airdrop. The earlier you are, the more that you can earn from this. So if you look at the time multiplier, they're going to be rewarding early users. So if you stake for more than a week, you'll receive a seed multiplier, which will increase each week until you withdraw your funds. And the best thing about this is you can actually withdraw anytime. There is no lockup period when it comes to staking here onto Good Chain. So at least we know that this is not an entirely high-risk play when it comes to staking, and they are in fact audited by Halborn. More important information is, what are they going to do with the assets that we've deposited? So here is the question: will Good perform any operations on my native assets? They say no. We do not perform any unauthorized operations on your assets. So essentially, they're not going to be using our assets to lend out in the open market or make some sort of leverage positions to earn money. So I think since they've mentioned this, it's very obvious they're just here to make their TVL numbers look good. I think that's what their play is. They're trying to make their TVL numbers look good so that they can raise more funds in the future because Morning Star is a pretty impressive accomplishment, getting them to invest in you. So yeah, and essentially what Good Chain is building is looking to merge GameFi with the mobile gaming market. They're planning to integrate Unity SDK. So essentially what this is is they're building an application layer to facilitate the launch of Web 3 games. This is not unique. This has been done before. There's definitely going to be some difficulty for them to establish market dominance, that's for sure. So currently right now at this phase what they're doing is they're launching this airdrop campaign to incentivize users to AK on their platform. So from a marketing perspective, from the industrial standpoint, I know that they're trying to get TVL onto their platform so that they can have even more higher funding from future funding rounds. Okay, all right guys, you know what to do, smash that like button and subscribe to the channel. And if you want to keep track with all of the airdrops that we've been farming on this channel, please visit our spreadsheet. We'll put the link in the description. We'll add more, and Michael has also been experimenting with his yield farms, so these are also good information to know if you are interested in yield farming. Okay, my name.
Q: What are under farmed airdrops?
A: Under farmed airdrops have relatively less users but offer good rewards due to less dilution in the reward pools. Participating in these airdrops with the right funding can lead to significant rewards.
Q: What is Good Chain and its airdrop?
A: Good Chain is a staking platform with funding from Morning Star Ventures. Their airdrop involves depositing assets to receive rewards. The platform is still under farmed with a TVL of 4.5 million.
Q: What are the benefits of staking on Good Chain?
A: Staking on Good Chain offers seed allocation, a linear-based airdrop, early user rewards, no lockup period, and audit by Halborn. The platform aims to merge GameFi with the mobile gaming market.
