Solana Real Estate Protocol Parcl Limited has revealed that its community will receive PARCL airdrops in April. The announcement was made on 26 February 2023 following other releases from Ethereum projects Pixels and Optimism. This is considered a sign for the community to trust the project.
According to reports, the Solana Real Estate Protocol Parcl Airdrop will consist of the minting of 1,000,000,000 tokens, with 7-8% of them sent to participants while 10–12% will be kept in circulation. Holders of the Parcl tokens will have access to decentralized app governance and real estate data.
Additionally, future rewards will be allocated to the holders in the event of any incentive programs. The tokenomics of the coin will be released in March, while the Parcl Foundation will handle governance decisions in the community.
The main airdrop program will kick off one month after the tokenomics release. The Parcl team has promised to inform eligible participants of the airdrop through official platforms.
Solana Real Estate Protocol Parcl offers access to global real estate indexes and facilitates perpetual futures margin trading. Additionally, it grants users access to real-time real estate data in major regions such as New York, London, Paris, and Miami. The project has received funding from notable investors, including Dragonfly Capital and Coinbase Ventures.
Currently, the protocol boasts $78.6 million in total value locked and $63.5 million in open interest within its futures contracts. Over the past 24 hours, trading volume has reached $234.2 million.
Remarkably, these figures persist despite recent Solana outages, which prompted prominent crypto influencer Beanie to advocate boycotting the network.
"We gave Solana the benefit of the doubt a few years ago when it was routinely down. But I don't see how the market can allow such incompetence to slide now. Send this brokeb centralized VC chain to zero with haste," Beanie said.
Following the announcement of the Parcl Limited airdrop by its team, other crypto projects have laid out plans to launch an airdrop program this year. At the beginning of this month, Web3 gaming firm Pixels unveiled an airdrop for stakes in the RON token.
According to the team, over 20 million PIXEL tokens will be shared through two tranches. This allows each eligible participant to receive up to 3,900 PIXEL.
Another crypto airdrop to watch is Friend.tech, the social media platform known for encouraging interactions among crypto influencers, which has teased an upcoming airdrop.
Additionally, the Ethereum layer-two project Optimism is planning to distribute 10 million OP tokens through an airdrop.
Although airdrops can be profitable, they can also serve as a breeding ground for cryptocurrency scams. Recently, Singaporean police issued a warning to the public regarding "drainer kits" being advertised on the darknet by criminals.
These kits lead users to a phishing website under the guise of an airdrop opportunity. Once on the site, users are prompted to authorize themselves and link a cryptocurrency wallet. However, unknown to them, a smart contract within the kit is designed to deceive them into revealing their funds.
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