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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This is a recap of the Weekly Optimism Race. Over the next several weeks, RabbitHole will be deploying OP quests to engage users around the Optimism ecosystem with OP as a reward.
Week 2 of the Weekly Optimism Race is a wrap! In week 2, there were 14,000 quest participants who completed a total of 31,000 quests. Cozy Finance and Clipper have fallen out of the race, and will be replaced with Pika Protocol and Beethoven X for Week 3! Here are all the Week 3 Challenges:
Week 3 Challenges:
In Week 3, we have the some familiar contestants from Week 2:
Mirror - 7500 redemptions to stay in the race
Stargate - 7500 redemptions to stay in the race
Agora - 7500 redemptions to stay in the race
Exactly - 5000 redemptions to stay in the race
Pika Protocol - 2500 redemptions to stay in the race
Beethoven X - 5000 redemptions to stay in the race
Want to Join the Race?
If you're an Optimism protocol looking to be part of this race, fill out this form, explaining why you'd be an excellent fit. Alternatively, if you're a non-Optimism protocol keen on running quests on RabbitHole, head over to our Quest Terminal.
Let the Week 3 Race begin!
** Complete Quests on RabbitHole**
This is a recap of the Weekly Optimism Race. Over the next several weeks, RabbitHole will be deploying OP quests to engage users around the Optimism ecosystem with OP as a reward.
Week 2 of the Weekly Optimism Race is a wrap! In week 2, there were 14,000 quest participants who completed a total of 31,000 quests. Cozy Finance and Clipper have fallen out of the race, and will be replaced with Pika Protocol and Beethoven X for Week 3! Here are all the Week 3 Challenges:
Week 3 Challenges:
In Week 3, we have the some familiar contestants from Week 2:
Mirror - 7500 redemptions to stay in the race
Stargate - 7500 redemptions to stay in the race
Agora - 7500 redemptions to stay in the race
Exactly - 5000 redemptions to stay in the race
Pika Protocol - 2500 redemptions to stay in the race
Beethoven X - 5000 redemptions to stay in the race
Want to Join the Race?
If you're an Optimism protocol looking to be part of this race, fill out this form, explaining why you'd be an excellent fit. Alternatively, if you're a non-Optimism protocol keen on running quests on RabbitHole, head over to our Quest Terminal.
Let the Week 3 Race begin!
** Complete Quests on RabbitHole**
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