NFT Paris launches a token and an airdrop for the 2024 edition: what you need to know
The 2024 NFT Paris event, which will take place on February 23 and 24, has announced the launch of its own coin, $NFTPARIS. a programme designed to honour guests who purchase their tickets in advance.
The Grand Palais Ephémère had a record-breaking 18,000 attendees for its second edition in 2023. Now, NFT Paris is preparing for the 2024 event by announcing the creation of its own token, $ NFTPARIS. The organisers state that the purpose of the $NFTPARIS token is specifically to incentivize ticket buyers to purchase early. "Ticket buyers will receive a significant bonus in $NFTPARIS during the airdrop over the next 10 days," they add.
This "NFT Paris ID" is a soulbound NFT on the Polygon blockchain that is free (network expenses excluded). It will use the number of NFTs you hold in significant collections to calculate your eligibility for an airdrop. It will not be feasible to purchase or resell this token on the secondary market, making it non-speculative. According to Lucas, marketing manager at NFT Paris, "it is purely for community and social purposes, to reward the loyalty of the community."
The number of tokens and badges that are allocated by the system will vary based on the web3 activity (gaming, fashion, etc.) of the wallet. "An allocation will be given to each individual who bought a ticket, registered on Premint, or created an NFT Paris identifier."
There will be multiple phases to the launch. By creating an account on Premint.xyz and following a few steps, you can pre-mint the token between Monday, October 9 and Friday, October 13, 2023. Even if the mint is free, you still need to have at least 0.01 ETH in your wallet to qualify (excluding Ethereum network fees).
From Friday, October 13, 2023, at 6 p.m. CET until Tuesday, October 17, 2023, at 6 p.m. CET, the mint will take place. The airdrop won't need any further action and will happen on Wednesday, October 18, 2023, at 6 p.m. CET, the day following the mint closing. The official token minting link will be made available on the X accounts (formerly Twitter accounts) of NFT Paris and joinhorak.
Access to exclusive deals from a number of the event's partners will be possible with the NFT Paris token (Ledger keys, discounted hotel nights in Molitor, Apple AirPods, sneakers, etc.). "This enables us to address our community not just during two conference days, but all year long," Lucas continues.
The organisers have also attempted to address some of the shortcomings of the last edition, including conference access, which resulted in long lines, four months before to the event. "We want to stay mainstream while putting a focus on innovation."