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Param Labs

Basic Information

InformationDetails
Project NameParam Labs
Project Websitehttps://paramgaming.com
Project DescriptionParam Labs is pioneering the next generation of gaming through united creativity and technological advancement.
Project Ticker$PARAM

Airdrop Details

InformationDetails
Airdrop Type$PARAM (Governance Token)
Total Airdrop AmountNot Known
Number of Eligible UsersNot Known
Number of ClaimantsNot Known

Timeline

EventDate
Blockchain SnapshotNot Known
Claiming StartedMay 29, 2024
Claiming EndsNot Known

Token Distribution

DistributionAmount
MaximumNot Known
Median/AverageNot Known
MinimumNot Known

Eligibility Criteria

Participants typically need to:

  • Account Creation: Create an account on the Param Gaming platform (paramgaming.com), involving signing up with an email address or connecting a social media account (e.g., Twitter/X).

  • Social Media Engagement: Link a Twitter/X account to their Param Gaming profile. Completing social tasks, such as following Param Labs’ official accounts, liking, retweeting, or posting with specific hashtags (e.g., $PARAM or @ParamLaboratory), often earns participants PARAM Points.

  • PARAM Points Accumulation: Earn PARAM Points, an off-chain virtual currency within the Param ecosystem, through activities like:

    • Signing up (e.g., 50 points as a welcome bonus).
    • Completing daily or one-time social media tasks.
    • Referring friends (e.g., bonus points per referral).
  • Wallet Requirements: Have a compatible cryptocurrency wallet (e.g., MetaMask) to claim tokens. The $PARAM token operates on Ethereum or Arbitrum networks. Wallets must have some activity history (e.g., token holding, staking, or transactions) to be eligible, as new or empty wallets are often excluded.

  • Eligibility for Specific Groups:

    • Kira Genesis NFT Holders: Holders of Param Labs’ Kira Genesis NFT collection may receive additional airdrop allocations based on the number of NFTs owned.
    • Point Participants: Those who accumulated PARAM Points during the campaign can claim tokens proportional to their point totals.
  • Claim Process: Connect their wallet to an official claim portal (e.g., Param Point Participants Claim or Kira Genesis Holders Claim page) to verify eligibility and claim tokens.

  • Deadlines and Conditions: Previous claim windows have had deadlines (e.g., June 5, 2024, for an earlier phase). Unclaimed tokens are typically returned to the ecosystem rewards pool. Participants must comply with applicable laws and be at least 18 years old.

Additional Information

  • Token Utility: $PARAM serves as the governance token for the Param ecosystem, enabling holders to participate in decision-making processes related to platform developments and features.

  • Vesting Schedules: There may be vesting schedules (e.g., 50% unlocked at Token Generation Event (TGE) with the rest vesting over 12 months for larger allocations, or 100% unlocked for smaller amounts like under 100 $PARAM).

  • Exchange Listings: Information about exchange listings is not available at this time.

Note: For the most accurate and current details, it is recommended to check Param Labs’ official website (paramgaming.com) or their verified social media channels, such as Twitter (@ParamLaboratory). Always use official Param Labs channels to avoid scams and be cautious of phishing sites or fake announcements.

This post is licensed under CC BY 4.0 by the author.