Polkadot (DOT) has exciting news to share! They’ve just announced the release of their highly anticipated community coin, PINK. PINK holds a special place in the Polkadot community, with its total supply capped at 2,300,001,221. This number is a nod to Polkadot’s RGB color code, adding a unique touch to its launch on Polkadot AssetHub. Let’s take a look at this Polkadot pink article in more detail.
How will Polkadot pink be distributed?
Polkadot is thrilled to introduce its latest addition to the community: PINK, a memecoin designed to spark participation and nurture growth within the ecosystem. This exciting initiative signals a big move for Polkadot as it strives to deepen engagement and boost collaboration among its members.
To celebrate the launch of PINK, Polkadot has planned an airdrop for parachain teams. This gesture symbolizes our commitment to a community-driven approach in distributing tokens and fostering the development of our ecosystem. Get ready to join the fun and contribute to the vibrant spirit of PINK on Polkadot!
How will Polkadot Pink Coin be allocated?
The distribution plan for $PINK ensures fairness across the Polkadot ecosystem, with a focus on rewarding active contributors and community members. Inspired by Polkadot’s RGB color code and its 2.3 billion token supply, this initiative is all about giving back to those who make the ecosystem thrive.
A significant portion, approximately 12.5% of the total token supply, has been earmarked for parachains. Currently, 14 teams are eligible for this airdrop. Leading the pack in receiving the airdrop are Moonbeam users, followed by Bifrost and Astar (ASTR) users.
Each parachain has the freedom to decide how it wants to distribute its share of PINK tokens, aligning with its community objectives and projects. This autonomy empowers parachain teams to engage with their communities in meaningful ways, ensuring that the spirit of collaboration and inclusivity remains strong throughout the ecosystem.
What is PINKDROP?
To foster a vibrant PINK community, the developers of the Great Escape game have introduced PINKDROP, an engaging browser game that serves as a fun introduction to the Polkadot ecosystem.
In this game, players embark on exciting challenges aimed at merging balls representing different parachains to form the ultimate Polkadot ball.
Competing for points and climbing the leaderboard, players strive to grow their controlled ball to its fullest potential.
A generous portion, accounting for 15% of the total PINK supply, has been reserved for PINKDROP participants, with added incentives for completing social tasks such as sharing high scores.
Since its launch in December, PINKDROP has attracted over 225 thousand game sessions from approximately 14 thousand unique IP addresses, showcasing its growing popularity and appeal.
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