In association with CoinMarketCap, ChainGPT, the AI infrastructure network for web3, has launched an airdrop. A total of $50,000 in $CGPT tokens will be distributed as part of the program. The campaign is open to up to 10,000 cryptocurrency community members, who will each get a portion of the token airdrop.
The dates of the ChainGPT airdrop are October 23 to November 7. People who like and share the promotional post, follow ChainGPT on Twitter, and complete the tasks on CoinMarketCap’s airdrop page will be eligible for the airdrop during this time. The goal of the initiative is to encourage community involvement and increase the number of $CGPT holders who are actively participating. On October 17, it was disclosed that over 16,000 token holders presently stake over $1.3M in $CGPT, a record high for ChainGPT’s TVL.
The launch of ChainGPT’s airdrop follows the protocol’s native token, $CGPT, being listed on top-tier exchange HTX (previously Huobi) in recent days, making it more widely available throughout the world. Furthermore, ChainGPT just declared that BNB Chain has granted it a Gas Grant. Because of the project’s extensive activity inside the BNB ecosystem, it has been granted a grant for October.
Campaigns like the $50,000 airdrop are intended to keep people informed about the solutions ChainGPT is working on and to sustain excitement while new products are being finalized. The ChainGPT team plans to deploy an AI trading assistant as one of their next big releases. It claims to provide real-time pricing analysis, sentiment research, indicator insights, and technical analysis for hundreds of tokens. Based on advanced AI research of the state of the market, the service will assist cryptocurrency traders in making more informed choices.
Ilan Rakhmanov, the CEO of ChainGPT said: “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.”
For ChainGPT, October has been a fruitful month. On October 18, it held the OpenFabric IDO in addition to revealing its $50,000 airdrop partnership with CoinMarketCap, the BNB Chain grant, and previewing upcoming product launches. In less than 20 seconds, more than 2.5 million $OFN tokens were sold, generating $150,000.
