Impossible Cloud Network has launched a unique Fairdrop, distributing 1.5% of ICNT’s initial supply among top participants and announcing a listing on Bybit.
Launch of Fairdrop distributing 1.5% of ICNT Tokens
Impossible Cloud Network has initiated its Fairdrop, a unique rewards mechanism allocating 1.5% of ICNT’s initial supply. This event coincides with the ICNT token's listing on Bybit, providing users immediate market exchange access.
Impact of Bybit Listing on ICNT Liquidity
The Fairdrop potentially spurs long-term user retention due to its engagement requirements. Tokens are distributed based on effort, which may mitigate typical airdrop-induced market volatilities, fostering more stable ecosystem dynamics.
Fairdrop as a New Reward Model
Fairdrops mark a departure from random airdrops, echoing past initiatives like Arbitrum’s engagement-centered model. Experts suggest that ICN's mechanism might foster a durable community. "The Fairdrop ensures that rewards are based on active involvement in ICN's Testnet" — ICN Official Blog.
The launch of Fairdrop by Impossible Cloud Network demonstrates new approaches to token distribution, emphasizing active user engagement and promising potential growth for the ecosystem.
