"Ekox's $300K Buzzdrop Gamifies DeFi Engagement with Rewarding Virality"

Generated by AI AgentCoin World
Saturday, Sep 6, 2025 6:32 pm ET1min read
ETH--
Aime RobotAime Summary

- Ekox launches $300K Buzzdrop campaign on ChainGPT Pad to boost community engagement ahead of its Token Generation Event (TGE).

- Participants earn "Buzz Points" via social activities to claim 4M $EKOX tokens, priced at $0.075 with $75M FDV, through GA and FCFS phases.

- The Ethereum-based restaking protocol simplifies yield generation via exETH, achieving $70M TVL in testnet and expanding globally through Dubai events.

- TGE unlocks 25% tokens immediately, with six-month vesting, while ChainGPT Pad emphasizes virality-driven token distribution via IBOs and Buzzdrops.

Ekox, a next-generation restaking protocol built on EthereumETH--, has launched a $300,000 Buzzdrop campaign on ChainGPT Pad, aiming to drive community engagement ahead of its Token Generation Event (TGE). The campaign, which commenced on September 3, 2025, at 13:00 GMT+1, will run until November 3, 2025 [2]. This initiative is part of a broader strategy to align token distribution with user activity, rewarding participants for creating content, inviting friends, and completing tasks on social platforms [2].

Participants in the Buzzdrop are required to link their X (formerly Twitter) accounts and earn "Buzz Points" by engaging in campaign activities [2]. These points determine their share of the $300,000 token pool, which consists of 4,000,000 $EKOX tokens. The project’s token price is set at $0.075, with an initial market cap (IMC) of $3.9375 million (excluding liquidity) and a fully diluted valuation (FDV) of $75 million [2]. Qualified stakers on ChainGPT Pad — including those in Cube, Steel, Box, and Diamond tiers — are eligible for allocation boosts, further incentivizing long-term community members [2].

Ekox positions itself as a protocol that simplifies Ethereum restaking by combining staking and restaking yields into a single, sustainable income stream. The protocol offers exETH, a liquid restaking token, enabling users to maintain control over their assets while earning rewards [2]. During its testnet phase, which launched on August 7, 2025, Ekox recorded significant adoption, surpassing $70 million in total value locked (TVL) and processing over 500,000 transactions [2]. The project has also expanded its international visibility through a major event in Dubai [2].

The Buzzdrop is structured into two phases: Guaranteed Allocation (GA), where participants earn allocations through engagement, and First-Come-First-Served (FCFS), where remaining tokens are available in a limited time window [2]. No Know-Your-Customer (KYC) checks are required for participation, making the campaign accessible to a broad audience. Upon the TGE, 25% of tokens will unlock immediately, with the remaining vesting over six months [2].

Looking ahead, Ekox plans to expand its mainnet capabilities, introduce support for additional assets, and enhance staking utilities. These developments aim to solidify its role in the evolving DeFi landscape and build on the momentum achieved during its testnet phase [2]. ChainGPT Pad, the platform hosting the Buzzdrop, emphasizes its role as a Web3 launchpad and DeFi platform that rewards community-driven virality and authentic engagement through performance-based token distribution mechanisms like IBOs and Buzzdrops [2].

Source:

[1] Netflix's Black Mirror Goes Onchain: $200K BuzzDrop Now ... (https://dailyhodl.com/2025/09/05/netflixs-black-mirror-goes-onchain-200k-buzzdrop-now-live-on-chaingpt-pad/)

[2] $300K Buzzdrop for Ekox Announced on ChainGPT Pad (https://markets.businessinsider.com/news/currencies/300k-buzzdrop-for-ekox-announced-on-chaingpt-pad-1035117592)

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