DappRadar Launched RADAR Token Airdrop

DappRadar, a popular service providing analytics for decentralized applications, launched its own RADAR token on the Ethereum blockchain and announced the beginning of an airdrop.

According to the description, the RADAR token is the project ecosystem management token. With this token, users have the right to influence the future development of the DappRadar project.

Tokens can be claimed by users with a DappRadar account with a connected wallet, who have interacted with at least one Ethereum dapp in the last six months. Such users will receive 8697 RADAR.

Any users who have interacted with at least one dapp on Ethereum in the last six months and with at least 10 applications for the entire “lifetime” of the wallet also have the right to claim tokens. These addresses will receive 5798 RADAR.

The service team noted that they want to reward community members who actively used the platform “long before the announcement of any tokens.”

To receive tokens, you will need to pay a commission on the blockchain. Users can pick up the reward on the airdrop page until March 14, 2022.

The total supply of RADAR is 10 billion. Slightly more than 25% of tokens were distributed among the project team members and shareholders, 24.75% were sent to the treasury of the service, 10% were allocated for the initial airdrop, and the remaining 40% will subsequently go to the community.

According to CoinGecko, the price of RADAR has increased 15% since its launch. At the time of writing, the token is trading around $0.04.

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