Check your eligibility by connecting your MetaMask to the official website or Dune dashboard. The team allocated 15% of the total supply to early adopters, with amounts scaling based on interaction tiers–ranging from 50 tokens for basic swaps to 5,000+ for heavy DeFi users.
The price remains speculative until exchange listings, but crypto trackers estimate $0.12–$0.30 per token based on staking derivatives activity. For context, similar Layer 1 launches in 2023 had 3–8x returns post-claim.
How to get involved:Phase 1 (live): 40M tokens for testnet contributors (GitHub commits count)
Phase 2 (starts Q3): 110M tokens for liquidity providers
Phase 3 (TBA): 50M tokens reserved for blockchain developers
Refer to the project’s blog for exact dates–snapshot was taken May 18, but latecomers can still qualify in season 2. Avoid scams: only use the link from their verified web portal.
Pro strategy: Combine testnet activity with mainnet staking to maximize allocations. The top 2,000 addresses by combined score received 12% larger drops in the last review cycle.
Check eligibility via the official website or a third-party checker before claiming. Unclaimed tokens expire after the distribution date.
Connect your Metamask or compatible wallet to the project’s web portal. Missed allocations may appear as unclaimed due to snapshot timing.
Worth monitoring: Early participants often receive larger cryptocurrency shares. New rounds may have stricter conditions.
For support, cross-reference announcements with the team’s verified page. Scammers frequently mimic crypto giveaways.
To qualify, your wallet must hold at least 0.05 ETH during the snapshot taken on March 15, 2024. Exchanges and smart contract addresses are excluded.
Complete these steps before the date closes:
Factor | Requirement | Verification |
---|---|---|
Wallet activity | 5+ DeFi swaps since Jan 2024 | Blockchain checker |
Social proof | 150+ followers minimum | Web validator tool |
Token allocation | 50-500 coins per user | Depends on wallet size |
These will void your qualification instantly:
Check your status on the project’s website using their online portal. The price per token won’t be disclosed until TGE. If you missed the window, no secondary distributions are planned.
1. Verify eligibility using the official Dune dashboard or a third-party checker. Minimum wallet activity and tier thresholds apply.
2. Connect your wallet (MetaMask recommended) to the designated web page before the deadline. Gas fees under $0.50 optimize cost.
3. Complete tasks for higher allocation tiers:
4. Track progress:
Metric | Tool | Frequency |
---|---|---|
Token value estimate | CoinGecko API | Real-time |
Claim status | Block explorer | Post-deadline |
5. Claim tokens within 72 hours of distribution. Delays risk forfeiture.
For disputes, submit tx hashes via GitHub issues. No support for hardware wallet errors.
Open your preferred wallet (MetaMask, Trust Wallet, etc.) and switch to a supported network–Ethereum, Solana, or BSC. The contract address for bridging is available in the official Telegram announcements.
1. Navigate to the platform’s wallet connector page. Look for the “Connect Wallet” button–usually top-right.
2. Approve the connection request. Some wallets require manual chain ID entry; verify this matches the testnet or mainnet node.
3. If the interface shows “waiting,” refresh or check gas fees. High congestion delays transactions.
– Missed the deadline? Unclaimed tokens may still appear if you meet eligibility conditions. Use the wallet checker tool to verify qualification status.
– Farming or validator strategies require holding a minimum token value. Cross-reference the schedule with current price trends.
– Suspect an error? The support team confirms legitimacy–scams often mimic the official contract.
New users: Always confirm the free list of approved wallets before linking. Fake sites steal credentials. For latest updates, track the news section or node announcements.
Connect your wallet (MetaMask, Trust Wallet, etc.) to the official claim page before the snapshot deadline. Missing this step voids eligibility.
When is distribution? Typically 7–14 days post-snapshot. Track the schedule via the project’s blockchain explorer or Twitter.
How many tokens you get depends on:
Support issues? Avoid scams–never share private keys. Legit teams won’t DM you first on Telegram.
Review the distribution mechanics: Some projects lock tokens for 3–12 months. Calculate if the drop is worth your time.
Mark your calendar: The claim page opens on June 15, 2024. Unclaimed tokens expire after 30 days.
Season 1 distribution:
Tiers & allocation:
Tier | Amount | Requirements |
---|---|---|
Early | 500-1,200 tokens | Interacted with contract pre-March |
Active | 200-800 tokens | 5+ TXs or $500+ staked |
Track value: Use the Dune dashboard or coin tracker to monitor real-time worth. Current estimates: $0.18-$0.35 per token.
Critical deadlines:
Post-distribution: Tokens unlock linearly over 90 days. Check the web for contract audits proving it is legit.
Visit the official claim page linked on the project’s website or GitHub. Enter your wallet address to see if you’re eligible. The tracker will display how many tokens you qualify for or if it shows waiting for further action.
1. Check the contract address on a block explorer like Etherscan. Confirmed distributions will reflect there.
2. Cross-reference the list of qualified wallets–some DeFi projects publish these on their site or testnet documentation.
3. If your allocation is unclaimed, follow the deadline–most projects enforce a 30-90 day window.
– If the tracker shows waiting but you met conditions, contact support with proof of on-chain activity.
– Verify the token is legit by confirming the smart contract matches the announcement.
– For node operators: some seasonal rewards require manual claiming via CLI tools.
When is distribution? Check the project’s date tracker–typically 1-4 weeks after the qualification snapshot.
Can’t claim tokens? Verify eligibility using the tracker tool. If your wallet isn’t listed, check the snapshot date–some users missed the cutoff.
Allocation smaller than expected? Cross-reference your activity (e.g., staking, farming) with the project’s blog or Medium. Typos in Metamask addresses are a frequent culprit.
Deadline passed? Most distributions lock after the schedule ends, but monitor Twitter for announcement extensions. Scammers exploit FOMO–always confirm is legit via GitHub or official channels.
Device waiting on transactions? Adjust gas fees during low-traffic periods. For free claims, avoid peak hours when networks clog.
Node sync failures? Update client software. Projects often post fixes in support forums before pushing news updates.
Price discrepancies post-drop? Check if tokens are online in liquidity pools. Early trades on thin markets skew valuations.
How to verify your share? Compare your amount against the project’s distribution formula–some reduce rewards for inactive wallets.
Strategy adjustments: If you missed season 1, review how to qualify for future rounds. Active engagement (e.g., farming, bug reports) often boosts allocation.
Report airdropped tokens as income at fair market value on the date received–failure to do so risks IRS penalties. Track price using Dune Analytics or CoinGecko at distribution time.
Scenario | Tax Treatment | Documentation Required |
---|---|---|
Tokens received without staking | Ordinary income (Form 1040) | Blockchain tx hash, wallet address |
Testnet rewards converted to mainnet | Taxable upon mainnet claim | Github proof, allocation schedule |
Staking/farming rewards | Additional income upon receipt | Validator node logs, tier breakdown |
Use eligibility checker tools before claiming–projects often impose lockup periods or vesting conditions that alter tax timing. Cross-reference Telegram announcements with the project’s official blog for accurate distribution dates.
For tokens showing “waiting” status on tracker sites: Record zero value until transfer completes. The taxable event occurs when coins hit your wallet, not when qualification is confirmed.
Three critical IRS compliance steps:
Warning: Farming strategies that auto-compound rewards create continuous taxable events. Nodes generating daily payouts require meticulous daily price tracking–consider crypto-specific tax software.
Projects deemed illegitimate by the SEC (check CoinDesk news archives) may still require reported income. The IRS cares about receipt, not project validity.
The Initia airdrop is a distribution of free tokens to eligible users as part of the project’s community rewards program. To participate, you typically need to complete specific tasks like joining their social channels, holding certain assets, or interacting with their platform. The exact steps are outlined in their official guide.
Eligibility depends on the project’s requirements, which may include early supporters, active community members, or users who meet certain criteria like wallet activity or referrals. Check Initia’s official announcements for the latest details on who can claim tokens.
The distribution date varies by project. Initia usually announces timelines in their official blog or social media. Some airdrops happen immediately after verification, while others may follow a vesting schedule.
No, legitimate airdrops don’t require payments. If a platform asks for funds upfront, it’s likely a scam. However, you might need a small amount of native tokens in your wallet to cover transaction fees when claiming or transferring airdropped tokens.
Only use official links from Initia’s verified website or social media. Never share private keys or sign suspicious transactions. Double-check contract addresses and avoid clicking on unsolicited messages promising free tokens.