Dymension Launches Massive NIM Token Airdrop

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Dymension Network’s Token Airdrop

Dymension is a layer-1 blockchain network that utilizes Cosmos technology to facilitate app-specific “RollApps.” In February, the network conducted a substantial token airdrop, distributing $390 million worth of DYM tokens to crypto users across different communities. Subsequently, individuals who staked DYM tokens became eligible to claim an additional airdrop from a RollApp operating on the network.

NIM Network’s Genesis Rolldrop

NIM Network, a RollApp powered by Dymension and Celestia, is dedicated to supporting AI gaming applications. Recently, the network initiated its own “Genesis Rolldrop” airdrop, offering 90 million NIM tokens, equivalent to 9% of the total supply, to eligible participants. The claiming period for these tokens extends until April 4, with over 500,000 wallets qualifying for this opportunity. However, trading of the NIM tokens is not yet available.

Among the eligible recipients are crypto users who previously staked DYM tokens, accounting for a significant portion of the airdropped tokens, totaling 50 million NIM. The decision to offer these rewards follows speculation about the possibility of future airdrops for DYM stakers.

Expansion of Holder Base

Mirroring Dymension’s inclusive approach, NIM Network aims to diversify its holder base by extending the airdrop to various communities. In addition to DYM token holders, individuals owning specific NFTs related to games such as “Parallel,” “Pirate Nation,” “AI Arena,” and “Today: The Game” are eligible to claim NIM tokens. Moreover, holders of the esteemed Ethereum NFT collection Pudgy Penguins, 9dcc fashion brand token holders, and members of the Wolves DAO gaming community with soulbound tokens can also participate.

Furthermore, participants who have engaged with platforms like Gitcoin, Ocean Protocol, and Olas Network are considered for the airdrop. Detailed information regarding the eligibility criteria for all aforementioned communities is provided in the official blog post, along with a link to an eligibility checker tool.

It is important to note that individuals based in the United States are deemed ineligible for the airdrop, irrespective of their category of involvement.

Currently, DYM is experiencing a 9% increase in value, priced at $6.00 per token, although it has observed a 15% decline in the last 30 days.

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Chris Jones

Hey there! 👋 I'm Chris, 34 yo from Toronto (CA), I'm a journalist with a PhD in journalism and mass communication. For 5 years, I worked for some local publications as an envoy and reporter. Today, I work as 'content publisher' for InformOverload. 📰🌐 Passionate about global news, I cover a wide range of topics including technology, business, healthcare, sports, finance, and more. If you want to know more or interact with me, visit my social channels, or send me a message.
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