A non-custodial wallet service is offering airdrops through a "Community to Earn (C2E)" structure.
With the P2T (Participation-to-Token) logic, the amount of tokens distributed adjusts based on the number of active users. Currently, it seems about 60,000 rewards are distributed daily (around 22 million annually), and the total circulating supply so far is roughly 30 million tokens.
The total supply is 30 billion tokens, but it looks like they’re keeping the circulating supply extremely low with this structure.
You can earn about 145 points per day, and at the current swap ratio, that translates to around 6-7 rewards per account daily. Once the Token Generation Event (TGE) happens, we might be able to predict its value based on the initial circulating supply. Valuing it against the total supply is tough because 30 billion is just too massive to make a meaningful assessment.
We don’t know how much of the initial supply comes from sources other than the P2T structure, but if we assume most of the initial circulating supply is from P2T:
Projected circulating supply at some future TGE: - 1 year later: 52 million + a
- 2 years later: 74 million + a
- 3 years later: 96 million + a
Since we don’t know when the TGE will happen, let’s roughly estimate the circulating supply at 100 million tokens.
- $0.00074 USD = $74 million
- $0.0074 USD = $740 million
- $0.074 USD = $7.4 billion
- $0.11 USD = $11 billion
It’s hard to pin down a valuation without knowing where or when it’ll be listed, but if we assume an initial circulating supply of 100 million tokens and a $10 million market cap, that’s about $0.11 USD per token. So, $0.11 USD * 7 rewards = 0.777USD per day.
The initial circulating supply and the market cap at TGE will determine how much you can mine daily, but we don’t know that yet.
With my rough calculations, it seems you could mine about 0.777USD (approximately $0.78 USD) per day.
