The Mad Scientists NFT project is kicking off on StreamSwap with a bang, gaining support from Cosmos & beyond! It's setting the stage for more NFTfi projects to join the fun, using StreamSwap's community-led way of launching tokens.

Since its launch, the LAB/OSMO stream has been getting a contributions from the Cosmos and beyond, with a record-breaking 1.29M OSMO deposits so far!

Allocation & Distribution Mechanism

The LAB drop targets 3 groups of subscribers/participants:

1. LAB/OSMO stream Top Leaderboard Participants (Catalysts)

2. Participants who qualify for LAB Drop Raffle (Alchemists)

3. OG StreamSwap users who (Researchers)

Let’s break it down ⬇️

A) Catalysts

This category rewards the top 200 leaderboard warriors of the LAB/OSMO stream.

Rewards: Tiered LAB allocations for different ranks:

• #1 - #50: 3 LAB each

• #51 - #100: 2 LAB each

• #101- #150: 1.5 LAB each

• #151 - #200: 1 LAB each

PS: NFTs are dropped on OmniFlix Hub & all $LAB can be claimed via the interact-to-claim Campaigns on OmniFlix.market where every NFT will have a guarantee around the claim and tokens received

B) Alchemists

Designed to widen the circle of $LAB winners, this category offers participants beyond the top 250 a shot at $LAB rewards. Eligibility for the raffle kicks in with contributions over 100 OSMO in the LAB/OSMO stream.

Eligibility:

• 100 OSMO = 1 raffle ticket

• Every additional 100 OSMO = 1 Additional ticket

• Note that the tickets are NFTs that are dropped on OmniFlix Hub

• Exclusion: Top 250 leaderboard members don’t qualify

• Reward Pool: 400 LAB reward pool where 100 raffle tickets receive 4 LAB each

C) Researchers

This category is dedicated to reward the OG StreamSwap users, who have been participating & contributing in token launch streams prior to LAB/OSMO.

• Eligibility & Rewards:

  • Receive one Researcher NFT for every 100 OSMO spent in the LAB/OSMO stream. NFTs are issued on OmniFlix Hub

  • Past participation gives you 1 NFT per stream where spends should be greater than or equal to 25 OSMO or 3 ATOM or 30 axIUSDC

  • Note that, a maximum of 10 NFTs will be dropped per account

  • Reward Pool: 500 LAB reward pool

So how will the participants claim their LAB drop?

LAB Drop rewards for each category will be distributed using ITC (or Interact-to-Claim) module where users interact with Campaigns to ‘Claim’ NFTs or fungible tokens on OmniFlix.market

Here is the flow:

• Eligible users will be dropped NFTs in their OmniFlix.market account, based on their categories

• Users can go to OmniFlix.Market/campaigns to verify their NFT & claim their rewards. (You can read more about Interact to Claim Module here)

• The tokens will appear in your OmniFlix account after claiming successfully.

How to participate in LAB/OSMO Stream? 🤔

New to StreamSwap? Learn how our community drives token launches on app.StreamSwap.io with this video👇

Stay updated with the LAB/OSMO stream schedule and get real-time alerts via the StreamSwap bot👇

Final thoughts

This stream created a lot of milestones for the platform with:

• Fastest 100k to be deposited in a stream

• Highest number of OSMO and USD value, deposited in a stream

• First airdrop allocation for the StreamSwap community

• Launch of the first NFT-fi project on Osmosis, via StreamSwap

A huge shoutout and special thanks to:

• Backbone Labs

• Rekt Gang (spl. mention for spicing up the stream with fantastic content)

• Osmosis

• and.. all the contributors & partners to the StreamSwap DAO for their invaluable support in bringing the stream and LAB drop to life.

• A big thanks to team OmniFlix Network for collaborating on the artwork and the technology support/integration of LAB for reward claims and NFTs for the LAB Drop by StreamSwap. Drop NFTs can be viewed on OmniFlix.market

Let the LAB Drop experiment begin 🧪

Planning your own community-driven token launch 🤔

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