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Nexo Launches $12 Million Token Airdrop
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To celebrate it 6th birthdayNexo has unveiled its largest airdrop ever: The hunt for $12 million in NEXO*. Participants earn points on the Nexo platform through top-ups, earning interest, cryptocurrency-backed credit, and spot and futures trading**. The airdrop campaign launches today, May 8, 2024 and ends July 6, 2024.
- $12 million in NEXO tokens* it can be requested by participants on the Nexo platform after the campaign. The points earned by each participant determine the share you are entitled to receive from the overall pool.
- Multipliers: Participants benefit from various point multipliers to increase the amount of points accumulated, with general multipliers for all users, a special Boost 5 times for new customersand extra multipliers for each Nexo Loyalty level.
- There is no limit on pointsproviding motivation to participants until the end of the airdrop event.
- The rewards hub in the Nexo app allows users to easily track their progress, points and rewards.
Nexo builds on the DeFi points model with a fair and transparent approach, extending it to major market participants beyond decentralized finance.
The hunt for $12 million in NEXO leverages the well-established NEXO token to ensure clear reward values. This approach sets it apart from other airdrops, offering a sustainable alternative in the often unpredictable landscape of new tokens, thus increasing participant trust. Throughout The Hunt, Nexo is also introducing a new level of loyalty rewards, improving user engagement and increasing usage of the NEXO token within its ecosystem.
Nexo’s airdrop is part of the multi-year project Nessonomy initiative, with the aim of stimulating demand and promoting a cycle of growth and action, strengthening the tokenomics, usefulness and community satisfaction of the NEXO token.
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About Nexo
Nexo is the world’s leading digital asset institution. The company’s mission is to maximize the value and utility of digital assets by offering a comprehensive suite of products that include advanced trading solutions for retail and institutional clients, liquidity aggregation from primary locations, and flexible asset-backed lines of credit. In 2022, the firm launched its investment arm Nexo Ventures, which now boasts over 60 portfolio companies. Nexo has processed over $130 billion for over 7,000,000 satisfied users in more than 200 jurisdictions. For more details, please visit: nexo.com
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Contact with the media
Nexo’s PR team
[email protected]
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*The USD equivalent value of the campaign pool of 10,000,000 NEXO Tokens is indicative, based on the market price as of 07/05/2024.
**Product limitations may apply in some jurisdictions.
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