If you want to become part of the Airdrop Reference community, please join our Discord.

Airdrops represent the early bird rewards of this era.

Airdrops are also a major innovation in business models (See: Article from May 24, 2024).

The mission of Airdrop Reference is to bring these "early bird rewards" and "innovation rewards" to more people.

1. Summary

Airdrop Reference is an experimental Web3 project aimed at helping more people understand and enter the blockchain industry by promoting high-quality projects and spreading basic knowledge. It seeks to help more people enjoy the dividends of the Web 3.0 era. The project focuses on education, community services, and technological exploration, and does not engage in any form of token issuance or trading activities.

2. Mission and Vision

Airdrop Reference originated from the content series BTC Made Simple, launched in October 2020. Since then, it has established a content ecosystem across platforms like WeChat, Zhihu, Discord, Mirror, and X.

Mission: By spreading fundamental blockchain knowledge and promoting valuable projects, Airdrop Reference aims to help users better understand blockchain technology and ignite their interest in this emerging field.

Vision: Airdrop Reference aspires to become a trusted content and DeFi service platform in the blockchain community, helping users understand blockchain technology and enjoy the rewards of Web3.

3. Feasibility

3.1 Technical Feasibility

Airdrop Reference will leverage the transparency and immutability of mainstream blockchain platforms such as Ethereum and Solana to ensure the security and execution of community projects. Smart contracts will gradually automate the community contribution points system, ensuring fairness and transparency.

3.2 Social Demand

As global acceptance of blockchain technology and cryptocurrency grows, more and more people are eager to enter the field. Airdrop Reference aims to lower the entry barriers, help users identify high-quality projects, and enhance their understanding of blockchain while allowing them to enjoy the benefits of this era.

4. Goals

• Content Services: Through educational and training materials, help users master the basic concepts and application scenarios of blockchain technology.

• DeFi Services: By recommending trusted blockchain projects, assist users in better understanding and participating in them.

• Incentive Mechanism: Implement a transparent points reward system to encourage community members to actively participate in activities, helping the project grow.

5. Revenue

5.1 Revenue Sources

5.1.1 One-Time Revenue

Donations: As the project initiator, Dai Xinsheng (Daii) has personally donated 1,000 ARP1 tokens and committed to further donations. The project does not promise any privileges or benefits to donors.

On September 23, 2024, the first donation—$1,000 worth of ARP1 tokens—was transferred to Airdrop Reference. The market value of ARP1 can be tracked in real-time here.

5.1.2 Sustainable Revenue

• Airdrop Income: Revenue from converting airdrop tokens in the Airdrop Reference account.

• Service Income: Revenue generated from DeFi, content, and other services provided by Airdrop Reference.

5.2 Revenue Management

5.2.1 Pre-Decentralization

An independent project account is set up, temporarily managed by the initiator. All transactions are publicly recorded and displayed on a dedicated Discord channel to ensure transparency.

• EVM address: 0xeDA994731f5e8c9294e18848C34EA347C2263218

• Solana address: CTo82xKyKZczd1WQbDeua5Yz1HmTTUvb5x47QWZbFnLz

5.2.2 Post-Decentralization

Ownership of the project (including content accounts and revenue accounts) will be fully transferred to a DAO (Decentralized Autonomous Organization) and will operate according to the DAO’s rules.

6. Points System

Before the DAO is established, community members’ contributions will be recorded through a points system. Members who provide services and support to the community will earn points. At an appropriate time, points will be issued as tokens to the members' crypto wallet addresses for easy storage and management.

6.1 Content Points

• Eligible Members: Community members with independent WeChat public accounts.

• Rules: Each article published by the Airdrop Reference official WeChat account will earn at least 1,000 points for the author, with all revenue generated from the content belonging to the author.

• Requirements: Content must be “beginner tutorials” or “introductions to zero-cost airdrop projects.”

• Process: Points will be confirmed weekly on the dedicated Discord channel.

6.2 DeFi Points

• Eligible Members: Community members participating in DeFi projects.

• Rules: Each DeFi project will have its own scoring system.

  • For example: The ARP1 project awards 3 points per ARP1 held per day.

• Requirements: Members must possess basic blockchain knowledge and be proficient in using crypto wallets.

• Process: Points will be confirmed weekly on the dedicated Discord channel.

6.3 Other Points

• Eligible Members: Community members contributing in other ways.

• Rules: Points will be assigned based on the level of contribution, as assessed by the project initiator.

• Requirements: Contributions must be significant, and members must have basic blockchain knowledge and be proficient in using crypto wallets.

• Process: Contributions and points will be publicly displayed on Discord for one week before final confirmation on the dedicated channel.

In the future, based on community development and legal compliance, points may be converted into certain types of internal rights within the community. These rights will only be used for internal rewards and incentives, not for external trading or investment returns.

7. Roadmap

7.1 Startup Phase

• Time: Starting October 1, 2024

• Goal: Validate the project’s revenue model

• Tasks:

  • Publish the Airdrop Reference whitepaper.

  • Launch Airdrop Reference DeFi services and points rules.

  • Launch Airdrop Reference content services and points rules.

7.2 Automation Phase

• Time: By October 1, 2025

• Goal: Automate and make real-time income and contribution points calculations.

7.3 Scale-Up Phase

• Time: By October 1, 2026

• Goal: Involve external forces to expand the project’s influence.

7.4 Decentralization Phase

• Time: By October 1, 2027

• Goal: Transfer ownership of the project pool to a multi-signature wallet, governed by a DAO, achieving true decentralization.

8. Risks

8.1 Potential Risks

• Market Volatility: The instability of the blockchain market may affect the project’s sustainability.

• Technical Risk: Smart contracts could have vulnerabilities, posing security risks.

• Regulatory Risk: The regulatory environment for blockchain technology is still uncertain, potentially challenging project operations.

8.2 Risk Management

• Diversification: By promoting multiple high-quality projects, we can mitigate the risk of volatility in any single project.

• Security Audits: All smart contracts involved in Airdrop Reference’s DeFi and content services will undergo rigorous security audits to minimize potential risks.

• Compliance Reviews: The project will closely monitor legal developments in the blockchain space to ensure compliance.

9. Disclaimer

Airdrop Reference strictly abides by the laws and regulations of mainland China and does not engage in any form of token issuance or trading activities. All activities are purely for technological exploration and community service. Any potential rights distribution will be carried out in full compliance with the law.

10. Community

If you wish to contribute content to the Airdrop Reference community, please contact the initiator to apply to join the "Airdrop Reference Content Alliance" WeChat group.

About Airdrop Reference

Airdrop Reference is an innovative blockchain education and promotion platform aimed at spreading basic blockchain knowledge and helping ordinary users understand and participate in the development of blockchain technology. The mission of this project is to lower the entry barriers to blockchain, promote high-quality blockchain projects, and allow more people to enjoy the benefits of the Web3.0 era.

Discord | 𝕏 | Zhihu Column | Mirror | WeChat Official Account | Daii’s 𝕏