Snowball Rethinks Airdrops: Rewards Authentic Web3 Buzz

Snowball, a chain-agnostic identity and reputation protocol for modular blockchain ecosystems, has announced a $300,000 Buzzdrop on ChainGPT Pad. The initiative, part of the performance-based token distribution model known as Buzzdrops, rewards users for contributing authentic community engagement rather than relying on random airdrops. The campaign requires participants to connect their wallets and X (Twitter) accounts, create posts with specific campaign tags, and generate measurable reach. Tokens are allocated based on quality-weighted scoring, ensuring that the most impactful contributors receive a higher share of the token pool [1].

Snowball's platform is designed to function as a universal identity and reputation layer for the modular blockchain stack. Key components include the Modular Naming Service (MNS), which allows for human-readable wallet names with cross-chain functionality, and the AI-powered Onchain Reputation Score (ORS), which analyzes wallet behavior to combat Sybil attacks and facilitate targeted airdrops. The project also plans to expand its interoperability by integrating with LayerZero, supporting ENS claiming, and extending to multiple virtual machine types including EVM and MoveVM. In addition, the company has developed a developer-ready growth stack with SDKs and APIs to facilitate integrations with wallets, dApps, and launchpads [1].

The Snowball Buzzdrop is structured around two main participation phases. The first, Guaranteed Allocation (GA), allows users to earn token allocations by generating buzz. The second, First-Come-First-Served (FCFS), offers any unsold tokens within a 2–24 hour window. Token allocation is determined using a formula: (Adjusted Buzz Points ÷ Total Adjusted Points) × Buzzer Pool (50%). The other 50% of the allocation is reserved for stakers, with a maximum of 10% per participant. This approach aims to ensure both community-driven participation and token security for early stakeholders [1].

Snowball has demonstrated notable traction, having reserved over 10,000 names, scored more than 30,000 wallets, and generated over $10 million in revenue. The project is preparing for several key milestones, including the MNS Beta release, the launch of the AI Reputation Engine, and the integration of LayerZero and MetaMask Snaps. These developments are expected to enhance Snowball’s interoperability and user accessibility, reinforcing its position as a core infrastructure component for the broader Web3 ecosystem [1].

ChainGPT Pad, the platform hosting the Snowball Buzzdrop, is a prominent Web3 launchpad known for its Buzz engine, which powers Initial Buzz Offerings (IBOs). The platform’s model emphasizes performance-based allocations, encouraging genuine community contributions. The Snowball Buzzdrop, with a cap of $300,000, represents a strategic opportunity for investors to engage with a growing blockchain identity project ahead of its official launch. As the Web3 space continues to expand, initiatives like the Snowball Buzzdrop highlight the growing trend of community-driven token distribution and decentralized growth models [1].

Source: [1] Snowball Launches $300K Buzzdrop On ChainGPT Pad (https://blockchainreporter.net/snowball-launches-300k-buzzdrop-on-chaingpt-pad/)