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Veteran data website DappRadar announced a coin release in December, without pre-sale, only planning to distribute through airdrop.

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Veteran data website DappRadar announced a coin release in December, without pre-sale, only planning to distribute through airdrop.

The cryptocurrency data website DappRadar announced that it will launch the token "RADAR" in December, which will be used to reward platform contributors. The RADAR token will initially be launched on Ethereum and later issued on multiple chains. There will be no presale, and distribution will only be through airdrops to the DappRadar community.

$RADAR

Since its launch in 2018, DappRadar has been focusing on tracking data from multi-chain Dapps. The official figures show that it has reached 4 million independent users annually, tracking over 8,300 Dapps on 27 different blockchains.

In addition to aspiring to become a global Dapp Store similar to the Apple App Store, DappRadar also plans to launch its native token, RADAR, to enhance the governance potential of the DappRadar ecosystem.

Possible Airdrop Qualifications

This year, DappRadar has introduced many features beyond tracking Dapp data, including a portfolio tracker, NFT valuation calculator, token browser, airdrop project claims, and a token swap platform.

Therefore, the operations that may qualify for the airdrop include:

  1. Subscribing to token update progress
  2. Interacting with the wallet and portfolio tracker supporting Ethereum, BSC
  3. Interacting with the Token Swap platform supporting Ethereum, Polygon, BSC

In a blog post, DappRadar stated that RADAR tokens will not have a presale, are currently not launched or listed on any exchanges, and warned the community to be cautious of scam messages.

The official announcement revealed that RADAR tokens will be distributed through airdrops to reward existing long-term users and partners. Token holders will receive rewards for contributions and participation in the DappRadar ecosystem. More details about the token will be announced by the official team. For new users of DappRadar, the official team claims that there will be more airdrop activities in the future.