Nibiru Airdrop CLAIM Guide and $NIBI Ecosystem PLAYS (Time Sensitive)
Description
Remember to complete KYC verification before March 21st to claim your $NIBI airdrop. Let's also take a look at the Nibiru ecosystem and what can we do with $NIBI tokens. Here's what you need to know. ...
AI Analysis
Here’s a summary of the Nibiru airdrop and ecosystem.
This video dives deep into the Nibiru ($NIBI) airdrop, specifically focusing on the critical steps to claim your tokens and what you can do with them afterward. It covers the required KYC verification, the different types of airdrops available, and a strategic look at Nibiru's tokenomics and future potential, including advice on staking your newly acquired $NIBI.
Here are the key takeaways:
* Nibiru Airdrop Overview:
* There are two main Nibiru airdrops: the "X airdrop" (for Twitter engagement and Gleam tasks) and the "incentivized testnet airdrop" (snapshot taken in October 2023).
* Both airdrops require KYC verification, including a facial scan, to claim. If you don't complete this by March 21st, you'll miss out on the free tokens.
* You have until June 1st to claim your $NIBI once verification is complete.
* The claiming portal is located at `app.nibiru.fi/claims`. Make sure your wallet is connected to the mainnet.
* KYC and Anti-Sybil Measures:
* A significant part of claiming involves a mandatory facial scan via "Humanode" to prevent sybil attacks (where one person tries to claim multiple times with different accounts). While this adds complexity, it's considered effective.
* To qualify for the airdrop, your Twitter account needed at least 50 followers by the end of the campaign, and you couldn't be banned. Using multiple devices or accounts on the same IP address for farming Nibi points could lead to disqualification.
* You need two specific Discord roles: "likely human role" and "seemingly human role."
* "Likely human role": Check if you have a blue tick next to "Nibiru Chain" in the "Linked Roles" section on Discord. If not, you'll need to go through the Humanode facial scan process by clicking the relevant option in Discord (it redirects you to the Humanode website to authorize camera access and take your picture). Ensure "liveness active Gen 3" is confirmed.
* "Seemingly human role": Navigate to the "channel-and-roles" channel in Discord and answer "3" to the question "how many toes am I holding up?". Avoid reacting to troll messages in the "verify humanity" channel, as this is a bot trap.
* Airdrop Token Allocation and Vesting:
* For the X airdrop, around 15 million tokens were allocated to approximately 500,000 participants, meaning an average of 30 NIBI tokens per person. 50% is unlocked at claim, with the remaining 50% vested over two months.
* The incentivized testnet airdrop had a smaller allocation but significantly fewer qualified participants (only 44,289 unique Nibiru wallets out of 4 million broadcasted transactions, thanks to anti-sybil filtering). This resulted in a much higher average of 117 NIBI tokens per participant for testnet tasks, highlighting the importance of participating in incentivized testnets.
* If you qualified for both, you're looking at about 190 NIBI tokens.
* Nibiru Market Performance and Outlook:
* Nibiru has had a strong launch, currently trading at about 2x its listing price on centralized exchanges.
* It's currently only available on CEXs, with no LP pools yet on DeFi.
* Despite this, Nibiru already has 27 dApps either live or preparing to launch, which is a positive sign for its ecosystem growth.
* The team added $NIBI to their Box Mining Plus portfolio at an average entry of around $0.71.
* Tokenomics and Future Dumping Pressure:
* 60% of the NIBI supply is allocated to the community, which is a good sign.
* The vesting schedules for investors and contributors are linear and spread out, which helps to mitigate sudden, large dumping pressures seen in other projects (like Arbitrum or Celestia, which has a huge unlock coming in October).
* The next significant unlock is on April 12, 2024, releasing 12 million NIBI tokens (roughly $10 million in potential dump pressure), primarily from public sale and CoinList investors.
* Seed investors, who received tokens at the lowest price, won't see their unlocks begin until December 12, 2024, and these unlocks will also be linear monthly until December 2027. They pose the biggest long-term threat for selling pressure.
* What to Do with Your NIBI Tokens:
* You can choose to take profit if you wish.
* The recommended strategy is to stake your NIBI tokens.
* You can stake on `app.nibiru.fi/stake`.
* When choosing a validator, avoid centralized exchange validators.
* A balanced staking strategy is to delegate 50% of your tokens to a top 20 validator (e.g., Stuxedo) and the other 50% to a smaller validator outside the top 20 (e.g., Enigma) to support decentralization.
* Ecosystem and Backers:
* Nibiru boasts strong backers, including Kraken Ventures, Hashkey, CoinList, and Altcoin Buzz, which contributed to its strong launch.
* To interact with the Nibiru chain for staking, add Nibiru to your Kepler wallet via `chains.kepler.app`. Ensure you're on the mainnet.
* To monitor chain activity, Ron uses Minscan (a block explorer for IBC-enabled chains) to check TVL and validator activities. Other useful tools include Ping.hub (for private testnets) and Map of Zones (for visualizing connections between IBC chains).
Transcript
Hey what's up guys welcome to Box Mining my name is Ron I'm an analyst at Box Mining and we're back with another airdrop video. So if you've been following us on the Box Mining Plus channel and especially if you've been following me on Twitter since Chinese New Year we've shared this airdrop plate it's called Nibiru and there are basically two airdrops for Nibiru so there is the X airdrop which is just engaging on Twitter and doing their Gleam task I'm sure it's you've done most of them already...