Bittime – IntentX, a leading decentralized derivatives trading (DEX) protocol, announced two important news, namely TGE and an increase in the number of airdrops. The following is the explanation.
IntentX Project Details
There are two important things announced by IntentX, namely events
1. TGE pada 31 Mei
IntentX will hold a Token Generation Event (TGE) on May 31 2024, at 16:00 WIB.
2. Increase in the number of airdrops
The number of INTX airdrops has been increased from 3,000,000 to 4,000,000, providing more opportunities for users to earn INTX tokens for free.
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Detail Airdrop IntentX
INTX Airdrop will be distributed through several programs, including:
- INTX Points Distribution: Based on user participation in the IntentX community.
- IntentX Ascend Galxe Activity Rewards: Awarded to users who complete tasks on the Galxe platform.
- Zealy Rewards: Awarded to users who participate in the Zealy program.
- IntentX Blast Early Airdrop: Given to early adopters of the IntentX Blast platform.
- Raiders Airdrop: Awarded to users who participate in the Raiders program.
50% of the airdrop will be available to claim at the time of TGE, and the remaining 50% will be available to claim 31 days after TGE.
Additional Airdrop from IntentX
IntentX is also providing an additional airdrop of 1,000,000 INTX for users who do not cash out or sell their xINTX during the first 60 days after TGE.
IntentX's Latest Funding
Recently, IntentX successfully closed a $1.8 million strategic funding round with Selini Capital leading the round.
Also Read: JPMorgan Analysis: Potential Ethereum Spot ETF Demand is Lower than Bitcoin Spot ETF
Opportunities Associated with TGE and IntentX Airdrop
While TGE and the increasing number of IntentX airdrops offer exciting opportunities for users, it is important to understand the potential risks involved, namely:
1. Get Free INTX Tokens
The airdrop provides an opportunity for users to earn INTX tokens for free, potentially generating profits if the value of the tokens increases in the future.
2. Participate in the IntentX Ecosystem
By participating in the airdrop program, users can engage more deeply with the IntentX community and decentralized derivatives trading ecosystem.
3. Increase INTX Liquidity
Increasing the number of tokens circulating via airdrop can increase INTX's liquidity on crypto exchanges.
4. Volatilitas Harga INTX
The INTX token price is still fluctuating and has the potential to experience a significant decline.
5. Undistributed Airdrop
If airdrop requirements are not met, users may not be able to claim their tokens.
6. Airdrop Scam
Beware of scams in the name of IntentX airdrops. Always check the official information from IntentX for airdrop program details.
Things to Consider for Investors
Learn more about IntentX, their technology, and plans before participating in the airdrop program. Make sure you understand the requirements and criteria for getting an INTX airdrop.
Make sure you have a compatible crypto wallet to store INTX tokens received via airdrop.
Also Read How To Buy Crypto:
Conclusion
TGE and the IntentX airdrop could be an interesting opportunity for users looking to get involved in the decentralized derivatives trading ecosystem. However, it is still important to do your research and understand the risks associated with cryptocurrency investments.
Do your research, comply with airdrop program requirements, and watch out for scams to ensure a safe and profitable experience.
How to Buy Crypto on Bittime
You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of Indonesia's best crypto applications, officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Also, please make sure that you have enough balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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