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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RabbitHole is thrilled to announce our support for quests on zkSync Era, the Ethereum L2 scaling solution developed by Matter Labs. For those new to RabbitHole, quests are a unique way to learn about and interact with different aspects of the crypto ecosystem while earning token rewards for the actions you perform.
Ethereum's L2 solutions like zkSync are crucial for the crypto ecosystem as they offer fast, inexpensive transactions while alleviating congestion on the Ethereum mainnet. This contributes to a more efficient and accessible Ethereum network for all users. In addition to zkSync, RabbitHole will be adding support for other L2s over the coming months as well.
Matter Labs, the creator of zkSync, has secured a total of $458m in funding from leading investors including Blockchain Capital, A16Z, Dragonfly, and Lightspeed Ventures. Since the network's launch in March, zkSync Era has quickly become one of the most popular L2 solutions, with over 1.5 million addresses and a TVL exceeding $500 million.
The first zkSync Era quests are now available on RabbitHole and include SyncSwap, EraLend, and Maverick. Each quest enables users to earn NFT rewards while building their onchain history in the zkSync ecosystem. The more quests you complete, the more quest rewards you become eligible for.
We invite you to start your journey on zkSync with RabbitHole today and experience the future of ZK L2 technology firsthand! Start completing quests here
RabbitHole is thrilled to announce our support for quests on zkSync Era, the Ethereum L2 scaling solution developed by Matter Labs. For those new to RabbitHole, quests are a unique way to learn about and interact with different aspects of the crypto ecosystem while earning token rewards for the actions you perform.
Ethereum's L2 solutions like zkSync are crucial for the crypto ecosystem as they offer fast, inexpensive transactions while alleviating congestion on the Ethereum mainnet. This contributes to a more efficient and accessible Ethereum network for all users. In addition to zkSync, RabbitHole will be adding support for other L2s over the coming months as well.
Matter Labs, the creator of zkSync, has secured a total of $458m in funding from leading investors including Blockchain Capital, A16Z, Dragonfly, and Lightspeed Ventures. Since the network's launch in March, zkSync Era has quickly become one of the most popular L2 solutions, with over 1.5 million addresses and a TVL exceeding $500 million.
The first zkSync Era quests are now available on RabbitHole and include SyncSwap, EraLend, and Maverick. Each quest enables users to earn NFT rewards while building their onchain history in the zkSync ecosystem. The more quests you complete, the more quest rewards you become eligible for.
We invite you to start your journey on zkSync with RabbitHole today and experience the future of ZK L2 technology firsthand! Start completing quests here
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