ChainGPT Announces $50,000 Airdrop in Partnership with CoinMarketCap

| Updated
by Benjamin Godfrey · 3 min read
ChainGPT Announces $50,000 Airdrop in Partnership with CoinMarketCap
Photo: ChainGPT

Meanwhile, CoinMarketCap recently announced its entry into the Artificial Intelligence (AI) industry with the release of a ChatGPT plugin.

ChainGPT, the innovative AI infrastructure network designed for Web3, has unveiled a groundbreaking partnership with CoinMarketCap to introduce an enticing $50,000 airdrop of $CGPT tokens to crypto enthusiasts.

The ChainGPT Airdrop Mechanics

ChainGPT highlighted in a press release shared with Coinspeaker that the airdrop initiative aims to empower up to 10,000 members of the crypto community, offering them a chance to participate in the thriving blockchain ecosystem and get a share of the token airdrop.

To participate in the ChainGPT airdrop, individuals are required to follow a set of simple steps. These include following ChainGPT on Twitter, liking and sharing the promotional post, and completing tasks on CoinMarketCap’s dedicated airdrop page. By doing so, participants become eligible to receive a share of the airdrop.

The ChainGPT airdrop campaign is set to run from October 23rd to November 7th, offering a two-week window for enthusiasts to join in the excitement. This initiative is not only about distributing tokens but also about fostering community engagement and expanding the user base of $CGPT holders.

ChainGPT’s airdrop initiative comes on the heels of a significant achievement. As of October 17, more than $1.3 million worth of CGPT tokens have been staked by over 16,000 token holders. This is a record high for ChainGPT’s Total Value Locked (TVL), highlighting the growing interest and trust in the project.

The airdrop also coincides with its listing on the tier 1 exchange HTX (formerly known as Huobi Global). This listing expands global accessibility to CGPT tokens, bringing it to a wider audience of crypto enthusiasts.

Meanwhile, CoinMarketCap recently announced its entry into the Artificial Intelligence (AI) industry with the release of a ChatGPT plugin, which promises to redefine crypto analysis for users all over the world.

Upcoming AI Trading Assistant on ChainGPT

Furthermore, ChainGPT is actively working on expanding its product offerings. One of the most anticipated releases from the ChainGPT team is the AI trading assistant. This tool is designed to provide crypto traders with valuable insights, including technical analysis for thousands of tokens, real-time price analysis, sentiment analysis, and indicator insights.

By leveraging advanced AI, this service aims to empower crypto traders with data-driven decision-making capabilities in a fast-paced and dynamic market. Ilan Rakhmanov, the CEO of ChainGPT, expressed his excitement about the developments, saying, “We also aim to empower cryptocurrency traders with state-of-the-art AI analysis as we prepare for the launch of our AI Trading Assistant.”

To add to the list of recent achievements, ChainGPT announced that it has been awarded a Gas Grant by BNB Chain, recognizing the project’s prolific activity within the BNB ecosystem. These milestones exemplify ChainGPT’s dedication to fostering the growth of the crypto community and advancing the Web3 ecosystem through its deep leanings to the AI ecosystem.

Blockchain News, Cryptocurrency News, News
Related Articles