ChainGPT Pad has announced the launch of new campaign formats Buzzdrops and Initial Buzz Offerings (IBOs) aimed at enhancing Web3 projects' community engagement.
How It Works
The Buzz system utilizes a point-scoring mechanism where every user activity (posts, shares, tasks) translates into Buzz Points. Points are tracked on live leaderboards, and token distribution occurs proportionally.
What are Buzzdrops and IBO
Buzzdrops are token distribution campaigns based on participant activity. IBOs combine community engagement with early access token allocations, requiring KYC verification.
First Campaigns
The first Buzzdrops and IBOs will be launched in partnership with SnowBall Finance, Ekox, and ChainGPT, with more campaigns to be announced in the future.
The launch of Buzzdrops and IBO by ChainGPT Pad creates new opportunities for interaction between projects and their communities, establishing a fairer and more transparent token distribution model.
