Airdrop Compilation No. 291: KIP Protocol Community Airdrop

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2024-06-12 16:50:07
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Everyone has been looking for major projects, but in 2024, many major projects are basically out of reach for small investors. So people have been asking me, with limited allocatable funds, is there no opportunity at all? In 2023-2024, there are many niche projects, and in the end, the airdrop returns are even higher than those of public chains. For example, the AI sector mainly consists of sign-in type projects.

Many people ask me how to make money in the crypto space with very limited disposable income each month.

Generally speaking, if you don't trade contracts, don't play in the secondary market, and don't invest in meme coins, but want to earn some money steadily each year without a large investment, I would suggest starting with testnets.

However, there is a problem: the testnet cycles are particularly long, and the allocated quotas are very limited. Many people give up halfway through, so many do not see results.

Therefore, many times, I recommend that everyone participate in projects similar to sign-in tasks, which do not require much capital and can earn money through execution.

For example, last July and August, a sign-in project called NFP emerged. Many people did not persist and did not have high hopes. In the end, only a few mothers in the group continued, and when the token was listed on Binance, they earned five to six hundred thousand:

https://x.com/JiamigouCn/status/1740047551045484877

At that time, NFP had little background revealed. Now we are looking at KIP Protocol, which has a strong background and a considerable allocation, so we should try to stick with it; it might be another airdrop project worth hundreds of thousands.

1. About KIP Protocol

(1) Introduction to KIP Protocol

KIP Protocol is a Web3 underlying protocol focused on AI and is the world's first decentralized RAG network. It uses SFT to achieve digital rights confirmation and asset tokenization of AI, building a positive cycle among data owners, model designers, and AI app developers. On one hand, it allows participants to retain complete digital ownership while easily interacting with other AI assets to generate income without losing access control. On the other hand, it creates AI Legos to unleash AI composability, promoting the development of the entire industry, efficient asset circulation, and a decentralized AI business vision where participants earn based on their contributions.

The ecological value logic of KIP Protocol can be summarized in one sentence: KnowledgeFi, which means monetizing knowledge and earning based on labor. In other words, those who contribute benefit.

(2) Background of KIP Protocol

KIP Protocol is backed by Animoca and is the official AI partner of Open Campus under Animoca. It has signed multiple other well-known clients, including top Web3 venture capital firms, government research institutions, and universities.

Discussion by Animoca's head about KIP: https://x.com/JIQQYJONES/status/1782685372780261461

KIP Protocol is technology-driven and won the Tencent Cloud Award at the 2023 Chainlink Hackathon (with over 18,500 participants). It has numerous offline resources in Africa, Vietnam, Latin America, and the Middle East. It possesses the most complete decentralized solutions, comprehensively addressing the 'connection problem,' 'monetization problem,' and 'ownership and security problem.'

(3) About Financing

In February of this year, KIP Protocol completed strategic financing, with the amount undisclosed.

Top investors include: Animoca Ventures, Tribe Capital, GBV Capital, Morningstar Ventures, etc.

Notable partners include: Open Campus, Aethir, Google Cloud, Ultiverse, OKX, Bitget, Port3, zkPass, Particle Network, DevolvedAI, Moledao.

https://x.com/KIPprotocol/status/1753010295889707304?t=jyEhZCMvsBKPMjJ3kJ3Rog\&s=19

2. About Airdrops

KIP Protocol launched an airdrop event called The Uprising Season 2 on May 27, which is larger in scale and offers more rewards compared to the first round, and importantly, it is completely free to participate.

This airdrop event still uses a points system, which is a characteristic of community airdrops. The official has clearly stated that points can later be exchanged for $KIP tokens.

(1) Basic Interaction Tutorial

Step 1: Registration (200 points)

Relevant link: https://uprising.kip.pro/join?ref=TXK0CS

  • Bind Twitter
  • Bind Wallet
  • Discord (if there is an error, just go back)

Step 2: Complete Basic Tasks (800 points)

  • Find the QUESTS section, which is the task bar for earning points;
  • Complete the 8 social tasks inside.

Step 3: Twitter Tasks

  • Go to the MY TWEETS section;

  • This is the points statistics section for tweets that include @KIPprotocol and the $KIP tag;

If you want to earn more points, your Twitter account must have at least 30 followers, and the tweets with "@KIPprotocol and $KIP tags" must have no less than 30 words.

But that's not all; after posting, your tweet's likes, comments, retweets, and quotes will also earn points, with the following mechanism:

  • Like: 2 points
  • Comment: 4 points
  • Retweet: 6 points
  • Quote: 8 points

So here’s the key point: if you have many alternate accounts, you can mutually like and support each other.

Step 4: Interaction with Official Tweets

The leftmost POWER POSTS section is for interacting with official tweets. Check here daily for the latest official tweet news, click in to interact, and earn more points.

  • Like: 10 points
  • Comment: 20 points
  • Retweet: 30 points
  • Quote: 40 points

This is simply a benefit for multi-account users.

(2) Points Multipliers

If you rely solely on the above manual tasks, it may wear down your patience. Using the official buff multiplier method can speed things up significantly. This time, The Uprising Season 2 event has three types of point multipliers:

  • Multiplier Method 1: Users holding KIP's Genesis NFT, SBT, or OG identity can receive corresponding point multipliers, mainly targeting users who participated in previous official activities.
  • Multiplier Method 2: Holding NFTs from project partners also provides multipliers. This event has 7 NFT partners: @Azuki, @BoredApeYC, @pudgypenguins, @UltiverseDAO, @MocaverseNFT, @MiladyMaker333, and @KPRVERSE. Holding any community NFT will earn you a points multiplier.
  • Multiplier Method 3: Invitation points multiplier, commonly known as referral bonuses. Inviting people not only allows the inviter to earn 8% commission on the invitee's points but also provides other multipliers. For example, successfully inviting 2 people earns a 5% points multiplier, inviting 10 earns 10%, inviting 20 earns 20%, and so on. The invitee can directly earn 200 points by successfully entering the inviter's referral code. (A-B20-C20)

Invitation Section

The above buffs can be combined in various ways, with a maximum cap of 1000%.

(3) About Season 1 Users

If you participated in Season 1, you can transfer to Season 2 with the following rules:

  • If you earned more than 500 points in Season 1, you will carry over to Season 2, starting with the same points as Season 1;
  • If you earned less than 500 points in Season 1, you will start with 500 points.

However, points from Season 1 will not provide multipliers in Season 2.
That's all for today. AI is a hot track in this bull market and represents the largest consensus between the East and West. There have already been projects focusing on AI data like Masa, specializing in AI models like Bittensor, and many more focusing on specific application scenarios such as social, chatbots, DeFi, etc.
Moreover, with the current market fluctuations rising, AI track tokens are showing a general upward trend, with Bittensor (TAO) having an astonishing annual increase of 972.6%.

In this potential track, many projects have not yet issued tokens. Due to the nature of the AI industry, data needs to be fed, leading to a high demand for content. Essentially, every project will launch various free activities to attract users. This is indeed good news for us, the airdrop enthusiasts, and we should seize this opportunity to recreate the wealth-making myth of the NFP mothers.

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