Inventory of Web3 Task Platforms: Even if you haven't received the Arbitrum airdrop, there are still many opportunities to benefit

Web3Traveler
2023-03-22 12:31:54
Collection
The six leading platforms currently are: RabbitHole, Crew3, TaskOn, Quest3, Port3, and Galxe.

Author: Web3Traveler

On March 16, Arbitrum officially announced the launch of DAO governance and governance token ARB for the Arbitrum One and Arbitrum Nova networks, while also revealing the highly anticipated airdrop details, with eligibility checks for the airdrop now open.

According to official disclosures, the initial total supply of Arbitrum token ARB is 10 billion, with a maximum annual inflation of 2%. Regarding the token airdrop, 11.62% of the initial total supply will be airdropped to Arbitrum users, and 1.13% will be airdropped to the DAO treasury building applications on Arbitrum. The snapshot for the airdrop was taken on February 6 (at Arbitrum One block 58642080).

Eligibility for earning points on Arbitrum Nova includes bridging funds to Arbitrum Nova and having conducted more than 3, 5, or 10 transactions. Additionally, Arbitrum has established some anti-sybil rules, including: if the airdrop recipient's wallet transactions all occur within 48 hours, 1 point will be deducted.

Due to Arbitrum's significant market influence, this airdrop has generated a strong response. Users who received tokens are excited and look forward to further developments from the project team, while some users lament the complexity of the multiple requirements. Those who did not receive tokens express regret over missing out on a substantial fortune, hoping not to miss the next airdrop.

Is it really difficult to make money in Web3?

This question can be answered from a reverse perspective: making money in Web3 is not easy.

The primary reason is the volatility of the market; investing in various tokens has always been a high-risk activity.

Moreover, after participating in airdrops and other activities, whether the project team can deliver rewards on time and whether users can successfully claim them also requires considerable time and effort to track. Some project teams hesitate to distribute promised rewards too early for fear that users will conduct large sell-offs, affecting prices, etc.

If participation is increased and the scope is expanded, can the rewards or airdrop-like incentives be increased? The answer is positive, but whether users have the time to explore extensively is also a question to consider.

According to a report from Binance Research, "February was a recovery period for the industry, with healthy momentum observed in the DeFi and NFT spaces. As investors regained interest in risk outside traditional asset classes, excitement in cryptocurrency surged."

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In such an environment, participating in various projects to earn rewards is undoubtedly worth trying. At the intersection where the bear market is nearing its end and the bull market is expected to revive, task platforms in the Web3 space become an excellent breakthrough point, as they can help users quickly access multiple projects in a short time, while also having a greater chance of earning rewards.

Currently, there is no shortage of task platforms in the market. Before choosing a platform for deep participation, ordinary users can first evaluate each platform.

Is the platform safe enough? This can be a primary concern. It involves not only technical safety but also whether the rewards users receive are guaranteed. Users can assess whether the platform has experienced security risks, whether it can distribute rewards on time, and whether it has anti-bot algorithms. Some task platforms currently support project teams to stake rewards in advance, and rewards are automatically distributed without delays, making platforms with such guarantees a priority.

Does the platform have a complete ecosystem? When choosing tasks on a task platform, users can also pay attention to the number of chains supported. The more chains supported, the more it indicates the breadth and development potential of the platform's ecosystem. Similarly, the types of tasks and rewards supported also reflect the completeness of the functions provided by the platform.

Choosing a simple and user-friendly platform is undoubtedly a long-term strategy for users, as this will save time for users to complete tasks for each project and increase the probability of winning to some extent. Many platforms in the market are also committed to providing a better user experience.

After recently experiencing numerous task platforms, I would like to share some insights on a few of them:

1) RabbitHole

An established Web3 task platform that offers tokens, NFTs, whitelists, and future airdrop opportunities. It guides users to learn basic Web3 operations and tasks. Overall, it feels like there have been fewer updates recently, and there aren't many tasks available. Twitter updates are also sparse, with only 2k new followers in the past month, raising questions about operational efficiency.

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2) Crew3

A community-based platform that allows users to participate in each task, fostering a sense of community belonging and providing deep engagement with many projects. Users can earn XP points as rewards on the platform, but I have yet to discover more about the empowerment of these points.

According to its official website, it currently supports over 50 chains, ranking among the top platforms in the industry.

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3) TaskOn

A platform that has recently garnered a lot of attention due to its rapid launch speed and diverse reward formats, including tokens, points, NFT vouchers, and whitelists. I really like its interface, which features a carousel on the homepage to quickly view popular tasks.

The speed of new activities is very fast, and the latest version update mentions support for over 20 chains, with project teams able to stake rewards in advance, ensuring that participating users receive them on time. I tried creating an activity and found the operation page simple and quick to complete.

Similarly, I have yet to discover how to use the EXP earned, but the official team may provide more information on this aspect in the future.

The page clearly indicates the types of rewards for participating in activities, the EXP to be earned, and various other information, making it easy for users to try.

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4) Quest3

A platform with a unique UI style that embodies the Web3 aesthetic, leaning towards a more cartoonish look rather than being overly serious. Users can view various rewards such as tokens, NFTs, and whitelists here.

Its operation manual lists all past versions in detail, showcasing the project's meticulousness and transparency.

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5) Port3 (Soquest)

The page style is distinctive, leaning towards a flat design with a high-quality feel. Its homepage deeply integrates with the SBT mentioned by Vitalik previously.

The homepage indicates the status of activities and reward formats but does not intuitively specify the amount of rewards.

6) Galxe

Finally, I must mention the well-known Galxe, which holds a veteran status among Web3 task platforms.

Focusing on digital identity and launching the Passport, it aims to create a broader ecological platform to provide users with a deeper crypto identity experience.

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Conclusion

The diverse range of task platforms provides C-end users with more opportunities to navigate the Web3 market. While keeping an eye on the latest project launches, we also have a more straightforward and intuitive way to obtain corresponding rewards. They are also excellent channels for discovering new projects. Making full use of task platforms will help you quickly grasp first-hand industry dynamics and continuously accumulate wealth for yourself.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
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