BoostBeyond Hype: Understanding the Impact of Airdrops on NFT Marketplace Performance
IntroductionThe NFT marketplace is evolving. Over the past year, OpenSea has seen increasing pressure from new competitors eating away at its market share. LooksRare, X2Y2, Sudoswap, and Blur have decreased OpenSea's NFT Volume market share from 99% to 50-30% depending on the week.Market Share for NFT Marketplaces by WeekWhile OpenSea may have been one of the darling companies of the web3 era, there is one thing that it's lacking that all of its competitors have: a token. This left ...
BoostAirdrop Design | Past, Present, & Future
When considering the future of airdrops, it's easy to feel optimistic about their potential for aligning users of crypto networks. It’s just as valid to express skepticism based on the current state of the instrument. While it's clear that more experimentation is necessary in order to properly harness their power, the required overhead and lack of tooling to execute airdrops are prohibitive. But what are they, anyway?What is an Airdrop?Simply put, airdrops distribute tokens to past,...
BoostIntroducing Quest Protocol Rewards
Deploy, refer, and complete quests for cryptoParticipation lies at the heart of the crypto ecosystem. It’s the collective effort of countless participants worldwide that ensures the functionality, security, and growth of decentralized protocols. But beyond it being a mechanism for sustaining networks, participation embodies the very ethos of crypto and why it exists - to increase economic opportunities for every individual. Earlier this year we launched Quest Protocol, making it easy for anyo...
The onchain distribution network of Boost Protocol. Target, acquire and engage users with token incentives to drive growth.
BoostBeyond Hype: Understanding the Impact of Airdrops on NFT Marketplace Performance
IntroductionThe NFT marketplace is evolving. Over the past year, OpenSea has seen increasing pressure from new competitors eating away at its market share. LooksRare, X2Y2, Sudoswap, and Blur have decreased OpenSea's NFT Volume market share from 99% to 50-30% depending on the week.Market Share for NFT Marketplaces by WeekWhile OpenSea may have been one of the darling companies of the web3 era, there is one thing that it's lacking that all of its competitors have: a token. This left ...
BoostAirdrop Design | Past, Present, & Future
When considering the future of airdrops, it's easy to feel optimistic about their potential for aligning users of crypto networks. It’s just as valid to express skepticism based on the current state of the instrument. While it's clear that more experimentation is necessary in order to properly harness their power, the required overhead and lack of tooling to execute airdrops are prohibitive. But what are they, anyway?What is an Airdrop?Simply put, airdrops distribute tokens to past,...
BoostIntroducing Quest Protocol Rewards
Deploy, refer, and complete quests for cryptoParticipation lies at the heart of the crypto ecosystem. It’s the collective effort of countless participants worldwide that ensures the functionality, security, and growth of decentralized protocols. But beyond it being a mechanism for sustaining networks, participation embodies the very ethos of crypto and why it exists - to increase economic opportunities for every individual. Earlier this year we launched Quest Protocol, making it easy for anyo...
The onchain distribution network of Boost Protocol. Target, acquire and engage users with token incentives to drive growth.
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We are thrilled to announce that Quest Protocol has been granted 1M ARB from Arbitrum STIP to grow the ecosystem. Over the next few months, we will be running a series of high-performance acquisition and engagement quests to grow the Arbitrum ecosystem. To achieve our goals, we are looking to work closely with various Arbitrum projects to strategically run quest campaigns to boost project activity and user growth.
We will be distributing the 1M ARB by allocating a minimum quest budget of 20k ARB to each eligible Arbitrum project. These funds will be strategically distributed back to the community over the course of 3-months through quest campaigns run by our in-house analysts and growth marketers.
The quest campaigns will be optimized to specifically boost user acquisition, engagement and retention. During this time, we expect to work closely with project teams to amplify the reach of quests across the ecosystem.
You can check out our case studies with Optimism and Uniswap.
To be part of the program and have quests deployed for your project, we welcome all Arbitrum projects to apply and receive an allocation of the funds. Fellow Arbitrum STIP recipients and Quest Protocol’s current projects are also eligible. Note that in our internal review process, we will be focused on selecting projects that are interested in long-term usage rather than speculative growth.
Here are the details:
Grant amount: A minimum of 20k ARB per project
Duration of program: 3 months
Project Requirements:
All projects must be built on the Arbitrum network
An integration of your project with Quest Protocol via a custom-built plugin
An official co-marketing partnership, which may include social media collaborations, AMAs, case studies, emails and more
In addition, we will allocate extra ARB to projects interested in building an SDK integration on Quest Protocol and projects interested in matching their grant with additional token distributions. Learn more about QuestSDK.
To apply to have your project boosted, fill out this form.
Deadline for applications is December 18th, 2023 at 00:00 UTC.
To keep track of all the projects selected in this program, we will be publishing a Dune Dashboard to transparently showcase the impact of quest campaigns in real-time. If you have questions or require additional support, get in touch with our team on Discord. For the latest updates, follow Quest Protocol on Twitter.
Quest Protocol is the most efficient way for anyone to target, acquire, and engage onchain users with token rewards. Built on a foundation of transparency, efficiency, and decentralization, anyone can deploy a quest, access the data and build on top of Quest Protocol. The quest starter-kit includes RabbitHole, the leading frontend client of Quest Protocol with a distribution network of over 300,000 onchain users. To learn more, visit our documentation center.
We are thrilled to announce that Quest Protocol has been granted 1M ARB from Arbitrum STIP to grow the ecosystem. Over the next few months, we will be running a series of high-performance acquisition and engagement quests to grow the Arbitrum ecosystem. To achieve our goals, we are looking to work closely with various Arbitrum projects to strategically run quest campaigns to boost project activity and user growth.
We will be distributing the 1M ARB by allocating a minimum quest budget of 20k ARB to each eligible Arbitrum project. These funds will be strategically distributed back to the community over the course of 3-months through quest campaigns run by our in-house analysts and growth marketers.
The quest campaigns will be optimized to specifically boost user acquisition, engagement and retention. During this time, we expect to work closely with project teams to amplify the reach of quests across the ecosystem.
You can check out our case studies with Optimism and Uniswap.
To be part of the program and have quests deployed for your project, we welcome all Arbitrum projects to apply and receive an allocation of the funds. Fellow Arbitrum STIP recipients and Quest Protocol’s current projects are also eligible. Note that in our internal review process, we will be focused on selecting projects that are interested in long-term usage rather than speculative growth.
Here are the details:
Grant amount: A minimum of 20k ARB per project
Duration of program: 3 months
Project Requirements:
All projects must be built on the Arbitrum network
An integration of your project with Quest Protocol via a custom-built plugin
An official co-marketing partnership, which may include social media collaborations, AMAs, case studies, emails and more
In addition, we will allocate extra ARB to projects interested in building an SDK integration on Quest Protocol and projects interested in matching their grant with additional token distributions. Learn more about QuestSDK.
To apply to have your project boosted, fill out this form.
Deadline for applications is December 18th, 2023 at 00:00 UTC.
To keep track of all the projects selected in this program, we will be publishing a Dune Dashboard to transparently showcase the impact of quest campaigns in real-time. If you have questions or require additional support, get in touch with our team on Discord. For the latest updates, follow Quest Protocol on Twitter.
Quest Protocol is the most efficient way for anyone to target, acquire, and engage onchain users with token rewards. Built on a foundation of transparency, efficiency, and decentralization, anyone can deploy a quest, access the data and build on top of Quest Protocol. The quest starter-kit includes RabbitHole, the leading frontend client of Quest Protocol with a distribution network of over 300,000 onchain users. To learn more, visit our documentation center.
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