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BITS, a new cryptocurrency project, will launch a major coin airdrop event on September 30. The first phase of the airdrop will distribute $100,000 USDT among 50,000 participants. BITS aims to increase its user base and engagement through this multi-phase airdrop event, which will continue until December 24.
BITS has divided the coin airdrop into four seasons. Each season allows participants to earn $BITS tokens by completing specific tasks on the platform. Season 1, starting on September 30, will provide participants the chance to share in a pool of 100,000 USDT. Users can complete tasks such as subscribing to channels, joining community chats, and inviting friends to the platform to qualify for the rewards. BITS has designed these tasks to promote community engagement and platform growth.
Details of Upcoming Coin Airdrop Seasons
After the conclusion of Season 1, BITS will launch Season 2 airdrop on October 31, 2024. While BITS has not yet released detailed information on the rewards for Season 2, it will follow a similar structure, encouraging participants to engage and complete more tasks. Season 3 will start on November 30, 2024, and will continue the task-based reward system. Each season builds on the last, with participants accumulating more $BITS tokens by staying active on the platform.
Season 4, scheduled for December 24, 2024, will coincide with the official listing of the BITS token on cryptocurrency exchanges. This season, referred to as the “Listing Drop,” will be crucial for users who want to maximize their token holdings before the trading begins. The token listing will allow users to trade their $BITS tokens, potentially capitalizing on market interest.
BITS is a new entrant in the blockchain ecosystem that focuses on community-driven engagement and gamified rewards. It differentiate itself from other tap to earn model like Hamster kombat and X Empire. The project draws similarity to other projects on Telegram like Pandas and Frogs that have already hinted toward airdrop and listing. All these projects require users to complete some specific tasks that help them grow their community.
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Within a week of its launch, BITS reported that it had attracted 7 million users and gained 2.5 million active members on its channel. The platform also recorded 3 million daily active users (DAUs).
How to Participate in the BITS Coin Airdrop
Firstly, users can participate in the BITS coin airdrop by registering on the BITS platform and engaging in various tasks. Specifically, these tasks include subscribing to channels, sharing posts, boosting channels, and inviting friends to join the platform. Subsequently, users receive points for each completed task, increasing their chances of receiving a portion of the airdrop rewards. In addition, referring friends to join with Telegram Premium can provide additional bonuses, offering users more ways to increase their earnings.
BITS has scheduled the $BITS token listing for December 24. On this date, the token will be available for trading on exchanges.
Frequently Asked Questions (FAQs)
What is the BITS project?
BITS is a new cryptocurrency project on Telegram that focuses on community-driven engagement and gamified rewards.
When is the BITS coin airdrop event?
The BITS coin airdrop event is a multi-phase campaign starting on September 30, 2024, where participants can earn $BITS tokens by completing specific tasks. The first phase will distribute $100,000 USDT among 50,000 participants.
How can users participate in the BITS airdrop?
Users can participate by registering on the BITS platform and completing various tasks. These tasks include subscribing to channels, joining community chats, promoting the platform on social media, and inviting friends to join.
When is the BITS token listing scheduled?
The $BITS token is scheduled to be listed on cryptocurrency exchanges on December 24, 2024.