Basic Information
| Information | Details |
|---|---|
| Project Name | Exchange Art |
| Project Website | Exchange Art |
| Project Description | Exchange Art is a decentralized platform for artists and collectors, enabling the buying, selling, and governance of digital art through $ART tokens. |
| Project Ticker | ART |
Airdrop Details
| Information | Details |
|---|---|
| Airdrop Type | Retroactive |
| Total Airdrop Amount | 100,000,000 ART (10% of total supply) |
| Number of Eligible Users | Not Known |
| Number of Claimants | Not Known |
Timeline
| Event | Date |
|---|---|
| Blockchain Snapshot | Not Known |
| Claiming Started | Not Known |
| Claiming Ends | 3 months after the claim site launch |
Token Distribution
| Distribution | Amount |
|---|---|
| Maximum | Not Known |
| Median/Average | Not Known |
| Minimum | Not Known |
Eligibility Criteria
The $ART airdrop allocation was determined based on user activity and volume on the Exchange Art platform. The key eligibility factors include:
- 75% weight: Based on the volume of art sold or bought in USD terms.
- 25% weight: Based on longevity and activity on the platform.
- Multipliers:
- More pieces bought/sold increase allocation.
- Transactions with a higher number of different artists receive additional weighting.
- A 1.5% per quarter boost for each active quarter on Exchange Art since inception.
- Separate allocations: Creators and collectors receive separate allocations.
- Resales don’t count: Artists do not receive allocation for secondary market sales of their own artwork.
Important Links
- Price Tracking: CoinMarketCap
- Price Tracking: CoinGecko
- Eligibility Criteria: Official Announcement
- Claiming Site: Claim $ART
Additional Information
$ART Use Cases:
- Governance: Participate in platform decision-making by proposing and voting on governance proposals.
- Marketplace: Buy and sell artwork on Exchange Art.
- Future Features: $ART will be integrated into more platform features and reward programs.
Vesting & Token Allocation:
- Community Claim: 10% unlocked at Token Generation Event (TGE).
- Liquidity: 5% allocated for liquidity (seeding LP, market makers, etc.).
- Team: 20% allocated, vested over 3 years (6-month cliff).
- Investors & Advisors: 15% allocated, vested over 3 years (6-month cliff).
- Rewards Programs: 30% allocated, unlocking at 1% per month.
- Ecosystem Fund: 20% allocated, unlocking at 1% per month.
Unclaimed Tokens: Any tokens not claimed within 3 months will be reallocated to the Ecosystem Fund to support exhibitions, grants, and initiatives to grow the Solana art ecosystem.