The post OM Sets New All-Time High Ahead of MANTRA’s Big Giveaway appeared on BitcoinEthereumNews.com.

MANTRA, a layer-1 blockchain platform specializing in real-world asset (RWA) tokenizations, has reached a new all-time high for its OM token. Driven by the anticipation of a major OM token giveaway event, this surge has captured significant attention from investors and participants. Ensuring Fair Play: MANTRA’s Anti-Bot Measures for GenDrop Yesterday, MANTRA announced that Season 2 of the MANTRA 50 million OM GenDrop starts on July 17 in MANTRA’s testnet, Hongbai. These tokens would be priced at $0.7 per token. Christoph Lidman, Director of Marketing at MANTRA, explained how the Season 2 GenDrop would differ from the previous one. “Season 2 will feature an increased number of on-chain quests compared to Season 1, with a variety of missions focused on on-chain activities. Participants will earn ‘Karma Points’ through these activities, and higher Karma Points will lead to greater OM rewards at the season’s conclusion,” Lidman told BeInCrypto. Read more: How To Invest in Real-World Crypto Assets (RWA)? The initiative invites participants to join MANTRA.ZONE and complete tasks on the project page in Galxe to earn OM tokens through various activities. Lidman outlined that early participants will have the opportunity to complete missions before their deadlines and receive exclusive rewards. “Those with higher Karma points will rank higher on the leaderboard and receive corresponding rewards. Latecomers will miss out on initial on-chain missions and the chance to accumulate Karma points, especially since some missions will be time-limited,” he added. To ensure fair competition, the team will take a snapshot of the Season 1 leaderboard on Galxe in 48 hours to determine the standings of early participants. Furthermore, the MANTRA team has collaborated with the Galxe team to identify and remove bots from participating. These approaches will ensure that only genuine and deserving participants receive rewards. Strategic Moves and Partnerships Fuel MANTRA’s…

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Filed under: News - @ July 16, 2024 10:18 pm