OCM airdrops KarmaCoin $KARMA tokens, integrating Ordinals community to expand Bitcoin ecosystem

After the NFT project OCM OnChainMonkey entered the Bitcoin ecosystem, its KarmaCoin $KARMA has been gaining attention. Recently, KarmaCoin announced a series of airdrop plans in hopes of attracting more people into the Bitcoin ecosystem.

OCM Partners with Ordinals Community for $KARMA Airdrop

KarmaCoin $KARMA has teamed up with the ten most influential Ordinals communities to kickstart a series of airdrop events.

OnChainMonkey Moves Bitcoin, Generously Airdrops $KARMA

On January 30, 2024, the OnChainMonkey series NFT completed its fourth Bitcoin network migration. The OnChainMonkey community successfully moved 7,836 Genesis Monkeys to the Bitcoin network and announced an airdrop of 320,884,200 $KARMA tokens to celebrate.

$KARMA Distribution and Airdrop Strategy

The official statement indicates that the tokens originally intended for the unmigrated OCM Genesis Monkeys will be reallocated to community rewards and Ordinals communities to acknowledge their contributions. $KARMA is committed to ecosystem dedication based on these partnerships.

Expanding Airdrop Actions for "Karmunity"

The core objective of $KARMA is to build strong relationships and influence within the Ordinals ecosystem. Seven collectible series will receive a total of 49,968,900 $KARMA tokens. The OCM official refers to this community as "Karmunity," including:

• Bitmap
• Bitcoin Punks
• Bitcoin Puppets
• Bitcoin Frogs
• Nodemonkes
• OMB
• RSIC

Holders of the above NFTs can check their eligibility at https://karmacoin.xyz. A snapshot has been taken, with a total of 53,730 addresses eligible to receive 930 $KARMA each.

Next Phase Airdrop for $KARMA: TRAC Token Exchange

According to the official plan, the next phase will bring airdrop of 200 million tokens for TRAC and KARMA exchangers. The exchange rate is 1:400 = $TRAC : $KARMA, aiming to increase $KARMA liquidity and accessibility.

The event will open for registration on February 16 at 9 a.m. GMT+8 and last for 72 hours. The actual exchange period will start on February 20 at 9 a.m. and continue for 12 hours. The $KARMA airdrop will be distributed on 2/26.

TRAC Sees Significant Gains This Year

TRAC is a BRC-20 token related to Bitcoin ecosystem development company Trac Systems, which includes Trac Core, Tap Protocol, and Pipe protocols and tokens.

TRAC is currently ranked 356 in market capitalization, with a daily trading volume of around one million USD. Its trading volume-to-market cap ratio is 0.01, lower than mainstream tokens, so traders should pay attention to liquidity.