Airdropped NFT Rewards for Smart Contracts Deployed During the Bear Market

04/18/2023 12:06 • Metaverse & Beyond • 68 views

On April 18th, the Web3 developer platform Thirdweb announced that it will air drop NFT rewards to developers who have deployed smart contracts during the past 18 months of the bear market.

Thirdweb airdropped NFTs to developers who deployed smart contracts during the bear market

As the blockchain industry continues to grow rapidly, the demand for skilled and experienced developers has increased tremendously. With the arrival of the bear market, many developers had to endure the tough times, which meant reduced opportunities, revenue, and incentives. Nevertheless, Thirdweb, a web3 developer platform, has come up with a groundbreaking initiative to reward such developers for their perseverance and commitment.

Airdropping NFT Rewards

On April 18th, 2021, Thirdweb announced its decision to airdrop NFT rewards to those developers who have deployed smart contracts during the past 18 months of the bear market, specifically from November 1st, 2019, to April 1st, 2021. This airdrop is a way of recognizing the efforts and contributions of developers during the bear market, who, despite the unfavorable market conditions, have continued building and deploying smart contracts.
The airdrop will consist of a total of 1000 unique NFTs that will be randomly distributed to eligible developers based on their Ethereum addresses. These NFTs are exclusively designed by Thirdweb with intricate and stunning graphics, representing unique symbols such as phoenixes, thunderbolts, and unicorns that represent strength, perseverance, and loyalty. The NFTs are limited edition collectibles that developers can cherish and use as a badge of honor that they were part of the smart contract deployment revolution during the bear market.

Eligibility for the Airdrop

To be eligible for the airdrop, developers must have deployed at least one smart contract on the Ethereum Network during the bear market period of 18 months from November 1st, 2019, to April 1st, 2021. Thirdweb has specified that the smart contracts must be functioning and deployed on the mainnet, and it is mandatory to provide the contract address, deployer address, and a brief description of the contract to establish proof of deployment. Developers who meet the eligibility criteria will receive a unique NFT that will be airdropped over time, starting from April 30th.

Encouraging Smart Contract Deployment

Thirdweb’s decision to airdrop NFT rewards to developers is a strategic move that aims to encourage the development and deployment of smart contracts. It helps to foster a stronger and more active blockchain community that is actively building and developing blockchain-based applications. The bear market has been an incredibly challenging time, but Thirdweb believes that it is vital to recognize the resilience of developers who have persevered through these tough times. This airdrop initiative will surely act as a catalyst to motivate more developers to deploy smart contracts and enhance the growth of the blockchain industry.

Conclusion

The Thirdweb airdrop of NFTs will serve as a valuable incentive for developers to continue building and deploying smart contracts on the Ethereum Network. By recognizing the efforts of developers, Thirdweb hopes to motivate more individuals to develop the required skills and knowledge required to contribute to the blockchain industry. This airdrop is proof that the blockchain community is actively working towards incentivizing developers and fostering a more robust blockchain ecosystem.

FAQs

1. What is an NFT, and how does it work?
An NFT, or non-fungible token, is a digital asset that represents ownership of a unique piece of digital content, such as artwork or collectibles. NFTs are stored on blockchain networks such as Ethereum, and their authenticity is verified by the network’s smart contract code.

2. How can I participate in the Thirdweb airdrop?
To be eligible for the Thirdweb airdrop, developers must have deployed at least one smart contract on the Ethereum Network during the bear market period of 18 months from November 1st, 2019, to April 1st, 2021.
3. How will the NFTs be distributed?
The NFTs will be distributed randomly to eligible developers based on their Ethereum addresses. This process will start from April 30th.

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