Getting Used to Airdrops on Hive? Here's Another One! PeakMonsters Team Brings PKM Token!

I've seen yesterday this amazing news post about the first token coming from the PeakD/PeakMonsters team!

Its name is PKM and, guess what? 75% of its total supply will be airdropped to users of the PeakMonsters marketplace.

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The new token will have more than one use case, like being able to share from the profit of PeakMonsters, to create user-specific tournaments on Splinterlands or to access new specific features developed on Peakmonsters which will only be available to holders of PKM tokens.

There will also be a PKM:SPS diesel pool on Hive-Engine, initially seeded by the team, and ongoing incentivized with rewards that will come from PeakMonsters' profits. The pool doesn't exist yet, it will be created on March 14th, according to this schedule:

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Regarding the airdrop, it is tier-based, and it has two phases:

  • the initial big airdrop (estimated 2-2.5mil PKM droped at once on March 23rd)
  • weekly airdrops starting on March 30th

There are also bonuses for large purchases, starting on March 21st.

A large purchase is considered anything above $10 , but bonuses are tiered also.

To be considered for the intial big airdrop one has to had purchased from Peakmosters' marketplace cards (maybe packs too?) of at least $10 during the last 12 months.

To qualify for the weekly airdrops, you need to be at least in tier 3, which means $50 minimum purchased during the last 12 months.

At this point I have two questions (@asgarth or @jarvie). When are snapshots being taken? Weekly or more often I presume, since this is a very long going airdrop. Is the snapshot for the big airdrop being taken after March 21st, when bonuses for large purchases start?

How long will the weekly airdrop last? At the prices today, it could last 100 years, which would probably make it the first case of ongoing airdrop to leave as inheritance, but the team took in consideration a x10, which would speed up the full distribution to about 10 years.

Are you excited or what? PolyCub started being claim dropped on Saturday (by the way, today is the 1 year birthday of Cub Finance, so Happy Birthday, Cub Finance!), PKM starts being airdroped on March 21st as far as I understood (the large purchases bonuses), AND, if that's not enough, we will be able to claim our LARYNX tokens on March 20th, the 2-year birthday of Hive (after the split).

What a month! What a year! What an ecosystem!



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When are snapshots being taken

The snapshot for the initial airdrop will be on March 23rd, time still to be defined but expect it around 9am UTC. After the initial airdrop we'll take the snapshot every week.

Is the snapshot for the big airdrop being taken after March 21st, when bonuses for large purchases start?

Yes, this is on purpose.

How long will the weekly airdrop last?

The idea is to reward peakmonsters.com users, so the airdrop will last for a very long period. Actually we hope to never run out of tokens :)
But the tier is based on a rolling volume, so if an user does not use the market for 1 year it will stop getting the airdrop.

Also PKM will be used to "unlock" some new advanced features and for tournaments, so people will actually spend part of what they get from the airdrop.

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(Edited)

Hahah you beat me to it by a minute.

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2 minutes 😝

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Technically 1 minute 54 seconds... i rounded down

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Wow, you guys are FAST!

Thanks for the prompt responses! And I love that the initial airdrop is after 21st. That's very cool.

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When are snapshots being taken?

It's a very simple process when we send out tokens we just look at the TIER LEVELS and send the corresponding tokens and we will do this once for the big airdrop then each week.

Is the snapshot for the big airdrop being taken after March 21st, when bonuses for large purchases start?

Nope you have until the 23rd. Probably the snapshot will happen moments before the tokens start to go out.

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Just to clarify this a bit better. I plan the snapshot to be instantaneous. But sending out tokens will take a bit because we'll have to cast tons of transactions.

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I plan the snapshot to be instantaneous

You don't have to interrogate any APIs for that, since the tiers are internal to Peakmonsters, so it makes sense to be super-fast. That's what you are talking about, right?

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Awesome! That's what I wanted to hear!

Thanks guys, you had a awesome idea with the PKM token, and I believe it will be very beneficial for both the users and the business.

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What a huge contrast between two Marches. The first one was March 2020, a very terrifying month still fresh in the minds of most people all over the world. After two years, on Hive we have the second March, a very memorable and exciting month - March 2022, the airdrop month!

Posted Using LeoFinance Beta

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Very true! That's what happens when people feel they are part of something that is going somewhere instead of nowhere. And more, they are all owners. Everyone contributes in their own way, synergies are being created and everything takes off.

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Agree 100%! I remember July last year, though I was clueless about airdrop, my youngest son and I were taking chances to receive some tokens. After two weeks of joining those airdrops and ending nowhere, we stopped. Now that I found Hive, no longer looking for airdrops, but they keep coming!

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I guess I'm out of luck on that peak monsters airdrop but good luck to everyone using it. I prefer monster market for buying cards and I haven't really had my bigs fill for a long time (just old ones from like a year ago).

Posted Using LeoFinance Beta

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(Edited)

and I haven't really had my bigs fill for a long time (just old ones from like a year ago).

Neither do I. I used cardsauctionz for their cashback, but there is still time to buy some cards on PeakMonsters for the initial drop and then afterwards the weekly airdrops will be influenced if you buy more.

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It's a great time to be on hive. Claiming some SPS on Splinterlands, then some polycubs and soon some PKM tokens too. If only they would take rentals into consideration... I have not much volume for buying cards but my rental volume is all over peakmonsters :-)

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If only they would take rentals into consideration...

Yeah, I know. That would make many people very happy. But they answered it's difficult with these microtransactions, and unless they'll have an API from Splinterlands to help with that, they won't take rentals into account.

I have not much volume for buying cards but my rental volume is all over peakmonsters :-)

I haven't bought anything this last year through PM, but I'll make some purchases before airdrop starts.

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I can't wait. I think this is going to be an epic airdrop. Thanks

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It has some interesting mechanics. Those who use or will use the marketplace from Peakmosters regularly will have nice airdrops.

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I think this is really fun news, but I also think I did all my bigger purchases thorugh Monster Market. Sigh, I always choose the wrong sites haha! (here from your ListNerds mailer)

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Lol, so did I, different site, but still, not Peakmonsters. But there's still some time.

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Thanks for the info! Some of these I heard about and some of them, not.

!BEER

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Let me know if I can help you learn about any of them.

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Speaking of help, I never did read anything on the peak monster thing, what do you know about that or is there a post I missed. Any info would be appreciated.

Thanks!

Anytime you hear or read about an airdrop and there's a post I wouldn't mind if you tagged me to bring it to my attention if that's not a problem.

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Ugh I've been using the internal market all this time ahaha
But since the snapshot isn't done yet there's still time!
Guess I need to go shopping lol

Thank you for the insight!

Airdrops everywhere let's gooooo!

!PIZZA

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Ugh I've been using the internal market all this time ahaha

Ouch, you were doing it even worse than Jon and I, lol. Not even cashback. But that's how I did it for a long time. I can't believe how much cashback I missed. And now we realize it could've been even better to use Peakmonsters, lol.

But since the snapshot isn't done yet there's still time!
Guess I need to go shopping lol

That's the spirit!

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I tried the cashback before and I got some DEC back but the website was always crashing for me and eventually lost my patience when there are other platforms working properly lol

I got to Tier 3 last night so hopefully I will have some of that cake 😁

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I got to Tier 3 last night so hopefully I will have some of that cake 😁

Nice! I haven't started buying yet. Waiting for the big purchases bonus to kick in.

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