10M $IQT MEGADROP Airdrop Campaign is LIVE from IQ Protocol

How to Participate in Phase Two of the Airdrop Campaign

Published in

IQ Protocol

7 min readMar 27, 2024

IQ Protocol is a beacon for the gaming industry, offering a permissionless open-source NFT rental technology that breaks down barriers and revolutionizes gaming tokenomics. We provide an effortless, cost-free integration that invites users to seamlessly step into the realm of blockchain games and NFT projects

The IQT token is designed to be at the heart of every transaction within IQ Protocol’s marketplace. It’s not merely a currency, it’s a vital tool that powers and secures the platform’s unique rental marketplace.

Phase One | 1.7M $IQT RetroDrop

Phase One of the campaign is complete ✅

Distribution: Over 22,000 users successfully completed Phase One on a FCFS basis. Reserved $IQT Tokens will be available to successful participants later in Q2. Our team will communicate exact dates when it is time to claim 🙌

Phase Two | 10M $IQT AirDrop

Are you ready? Phase Two of our MEGADROP will last several months. For this second phase, we’ve allocated a reward pool of 10M $IQT tokens, which will be distributed among active campaign participants. Each user has the opportunity to participate in the second phase, so make sure you carefully review the MEGADROP conditions.

What are the Phase 2 conditions?

The campaign consists of 10 weeks, each dedicated to one project partner. At the beginning of each week, we’ll add a new block with tasks on our Galxe page. Each weekly task block will be available for only 7 days from the date of publication until the next block is published. So, don’t delay your participation!

Each week will focus on 1 IQ Protocol partner. Users will need to complete simple tasks on the page of each block to earn Galxe experience points and special NFTs. With these, you’ll be able to earn IQ Points, the amount of which will directly determine your reward. Participating in Galxe tasks is also crucial for receiving further rewards, so try not to miss any quest weeks whenever possible.

Once a user receives an NFT on Galxe, they need to visit our website https://v2market.iq.space/profile/airdrop and connect the wallet in. This will grant access to the Airdrop dashboard, where you’ll find:

Total earned IQ Points
Average daily balance of $IQT tokens
Leaderboard and points allocation history
Referral dashboard
“NFT List” section
“NFT Rent” section
Daily IQ points
Campaign NFT
Referral links to earn extra points

The NFTs acquired on Galxe can now be listed for rent by clicking on List NFT. First of all, you`ll need to Unlock your NFT for further actions. This action will be required for each NFT before every listing.

Then by choosing the rental period (must be 1 day) and confirming the transaction, you’ll list your NFT on the marketplace, where other users can rent it. You’ll receive 20 IQ Points for each listing action. Points for listing 1 NFT are awarded only once per day. To earn a maximum of 100 points per day, you’ll need to list all other available NFTs as well.

Note:

If you rent out the same NFT 5 times, you’ll still only receive points for the first time. To earn 100 points per day, you must list each of the 5 NFTs once.
To be able to list your NFT again after the listing cooldown is over, you need to Withdraw it to your wallet first by pressing “Withdraw”. Only after that your NFT is put back into your inventory and ready for a new listing.

Similarly, you can visit the marketplace page and rent NFTs from other users. You’ll receive 20 IQ Points for each NFT rented. The limit is 100 points per day, or 5 rented NFTs.

In addition to listing and renting, you can also earn IQ Points by doing Daily Check-ins. These are free IQ Points that you can claim every day, and if you don’t miss a day, the number of points will increase up to the 7th day. In total, you can earn 84 IQ Points per week with continuous Daily Check-ins.

Consistently completing listing/renting NFT tasks and daily check-ins throughout the campaign will allow you to achieve the highest positions on the leaderboard, positively impacting your final airdrop amount.

You can also earn an extra 100 IQ Points for each referral you bring in, who creates a profile and makes at least 2 transactions on our platform. Your referral will also receive 100 points for using your link.

Furthermore, you’ll continue to receive 10% of the points they earn in the future.

The list of tasks for which IQ Points will be awarded may be expanded in the future. Stay tuned for updates to not miss new opportunities to earn IQ Points and increase your future airdrop.

On the 10th of April, with the beginning of Week 3 we presented a new exciting way to obtain $IQT airdrop — $IQT Airdrop HODL Boost.

How does it work?

Buy $IQT on Polygon network (or send it from the exchange in Polygon to the wallet you use in MEGADROP campaign).

Then confirm your participation in the HODL BOOST by signing the HODL $IQT

For each 1 $IQT you hold for 1 hour after signing the HODL $IQT you’ll get 0.01 HODL Points.

For example: If you buy 100 $IQT, you can earn 1 point per hour or 24 points per day.

$IQT HODL Points will be converted into $IQT tokens separately from IQ Points, according to its own leaderboard.

Note: the minimum amount of $IQT you need to hold for points to begin accruing is 25 $IQT.

To receive more than a basic reward for participating in HODL Boost quest you also need to perform other on-chain actions on the platform, Galxe, etc.

In addition to tasks on the website and GALXE, users have the opportunity to earn additional points and increase their airdrop amount by completing quests on the Zealy platform.

Each completed task will earn you a different amount of experience points. The more tasks you complete on the Zealy platform and the more experience points you earn, the higher your additional $IQT reward will be. New tasks may appear spontaneously, so keep an eye out for new quests on our zealy-quests Discord channel.

Try to participate in as many social activities related to the protocol across various social networks, and obtain roles in Discord. These, along with other actions not mentioned in this guide, can increase your future $IQT token airdrop.

When will Phase Two of the 10M $IQT MEGADROP Airdrop campaign end and rewards be claimable?

The end of the MEGADROP campaign is scheduled for June 2024. A more precise date will be announced closer to the event’s conclusion.

After the campaign ends, we’ll need some time to tally the results and distribute rewards among participants. Upon the conclusion of this period, the date for claiming rewards will be announced, along with announcements of future important events that will make participants’ campaign experience even more exciting and profitable.

Additionally, participants from Phase 1 of the MEGADROP campaign will be able to claim their rewards alongside Phase 2 participants.

Questions? Don’t be afraid to ask

The community team at IQ Protocol is always available to help! We invite you to join our Telegram or Discord and get answers from our team directly.

About IQ Protocol

IQ Protocol is a permissionless open-source NFT rental technology. Our easy no-cost integration empowers users to discover and seamlessly onboard onto blockchain games and NFT projects. But we’re more than rental infrastructure. We’ve built solutions specifically tailored for games to increase the three metrics which matter… players, activity, and liquidity.