TL;DR

1. Announcement about $CHECK Airdrop 0 and Litepaper (5x points for holders in Season 1)

2. Our vision: Onchain <> IRL primitive (with external value inflow)

3. Ephemeral games (Come for the Games, Stay for the Network)

4. Property NFTs coming soon (the core component of Season 1)

We are excited to announce our Season 0 Airdrop of $CHECK to reward early users, ITO participants, and Farcon participants (NFT tickets or POAP holders)!

We're launching our token at this very early stage of our product because we believe in the growth of the Farcaster ecosystem and want to go on this journey together.

Thanks to your support we’ve had over 44K checkins in the past two months, with over 2000 users!

Check your eligibility for Airdrop 0 (up to May 31, 2024) of $CHECK here:
https://www.checkincaster.xyz/

The Airdrop can be claimed starting July 1, 2024.

By holding more than 500k $CHECK, you can receive 5x points with every checkin from our PWA.

We’re also releasing our plans for $CHECK and Checkin's growth through ephemeral games built on top of locations - starting with Property NFTs. 

I will share the overall vision below but you can read more details here: https://checkin.gitbook.io/checkin-litepaper-v0.1.

Checkin is the first onchain location-based "Checkin and Earn" social platform.

Though we start from simple checkin and earn mechanics on top of Farcaster, like "Foursquare on Farcaster", we are building an onchain<>irl primitive to enable anyone to build gamified experiences on top of checkins and IRL activities.

We believe there is a significant problem around IRL digital content, especially with review platforms like Google Maps or Trip Advisor.

• Users are not rewarded for their content and contributions - over 30M reviews are written every month on Google Maps by users but they don't receive any monetary value

• Developers couldn't build the IRL experiences based on the social graph and their IRL activities.

• Businesses are wasting marketing dollars because of missing the social x IRL interactions and not having a holistic view of customers.

With Checkin as an IRL primitive, we believe we can create a win-win situation among users, developers, and businesses.

For example, ramen restaurants could offer special coupons or experiences for people who check in at 100 ramen places. Or developers could build social media around ramen places and culture around the world.

Those niche IRL experiences were hard to build because of the lack of an open social graph like Farcaster with IRL interaction. But it can be simple and easy to build on top of Checkin primitive.

We also believe this "Checkin and Earn" is easy enough to onboard next billion users onchain.

As everyone in crypto knows we have a really short attention span. dApps which was most popular last month could lose 90% of users just next month. It is hard to keep capturing attention with just one game mechanic.

That's why we will build ephemeral or mini-games around Checkin or IRL activities more and more to continue encouraging checkins (hopefully every month!).

This approach will help us onboard new users and retain existing users with new game mechanics, gradually increasing the number of checkins.

As the core component of the first ephemeral game and Season 1, we will launch property NFTs!

With Property NFTs, you can mint and own NFTs of your favorite properties from famous places like the Eiffel Tower or your local cafe.

We will launch ephemeral games around Property NFTs. The first game could be the Monopoly mechanic, where you can earn $CHECK when other people check in at the property you own.

We are also planning to build more games like Food PvP, and Location coins around property NFTs.

Owning property NFTs (with a high property portfolio score) will be one of the eligibility criteria of Airdrop 1 as it will be a core component.

You can check the details here.

https://checkin.gitbook.io/checkin-litepaper-v0.1/gameplay/onchain-property

Again, thank you very much for your support and let's keep building together!

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