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Degen’s Farm is a collectible NFT game based on the Ethereum blockchain. The entire collection of creatures, lands and tools is built using the ERC721 standard. The goal of the game is to farm unique creatures and collect them.
Haldorson said, noting that a common strategy within the DeFi space is to airdrop tokens to users holding crypto from competing platforms doing similar things.
FCKN is the native token of Farcaster, used for governance, tipping, and other interactions on the platform. The airdrop was announced in May 2024, with the aim of rewarding early adopters and users who have contributed to the platform's growth.
“This is often an exciting way to launch a network,” said Winston Robson, co-founder and CEO of metaverse marketplace WeMeta, adding that airdrops can be used strategically to target likely early adopters.