ZetaChain Launches Loyalty System, XP Airdrop Distribution Begins
2024-07-03
Bittime - ZetaChain has announced the launch of an innovative universal loyalty and rewards system. This system was launched along with the start of the first XP airdrop distribution, marking a new era of incentives and rewards for ZetaChain users.
The following is a complete explanation.
ZetaChain Mission: Universality, Simplicity and Usability
ZetaChain was founded with a mission to provide a platform that offers universal access, simplicity, and usability across blockchains.
This new loyalty and rewards system reflects this commitment by providing a decentralized and integrated framework to reward users for their participation in the network.
XP: Build Status and Access Rewards
The core component of the new system is XP, a token that represents user participation and contribution in the ZetaChain ecosystem. Users can earn XP in various ways, such as:
- Perform multi-chain transactions
- Participate in testing programs
- Contribute to community development
XP can be exchanged for various attractive prizes, such as:
- Transaction fee discount
- Exclusive access to features and services
- VIP membership in community programs
First XP Airdrop: Rewarding Early Adopters
To celebrate the launch of the new loyalty and rewards system, ZetaChain held its first XP airdrop. This airdrop distributes 10 million XP to users who meet certain criteria, such as:
- Active users of ZetaChain
- Test program participants
- Community Contributor
XP Status and Rewards System
ZetaHub, ZetaChain's main portal, has been updated to include a new Explore Rewards section that displays approved RFPs (Requests for Proposals). Additionally, a new XP status and reward system has been introduced, with four tiers:
- Silver
- Rose Gold
- Black
- Green
All XP earned before and during the 90-day snapshot period will count towards the user's status and rewards.
Impact of Loyalty Systems and Future Expectations
ZetaChain's loyalty and rewards system has the potential to have a broad positive impact on its ecosystem:
1. Increase User Engagement
By offering rewards and recognition for participation, the system can encourage users to more actively interact with the ZetaChain network.
2. Attracting New Users
Attractive incentives can attract new users to join the ZetaChain ecosystem and experience the benefits of cross-chain technology.
3. Encourage Network Growth
Increased user engagement will strengthen the ZetaChain network and contribute to its long-term growth.
4. Create a Stronger Community
This system can encourage user collaboration and contribution, building a stronger community around ZetaChain.
Considerations in XP Airdrop Distribution
However, some challenges also need to be considered:
1. Ensure Fair Distribution
The system needs to ensure that XP is distributed fairly and rewards user contributions accurately.
2. Prevent Abuse
It is important to have effective mechanisms to prevent system abuse and fraudulent activities.
3. Adapting the System to Development
The system will need to continue to be developed and adapted to remain relevant and attractive to users as the ZetaChain ecosystem grows.
Despite the challenges, ZetaChain's loyalty and rewards system is a significant step forward.
By continuing to innovate and overcome existing challenges, ZetaChain has the potential to become a leading cross-chain platform that offers an exceptional user experience and drives widespread adoption of blockchain technology.
Conclusion
The launch of ZetaChain's universal loyalty and rewards system is an important step in improving user experience and encouraging participation in its ecosystem.
This system, along with the first XP airdrop, marks a new era of incentives and rewards for ZetaChain users.
With its commitment to universality, simplicity, and usability, ZetaChain continues to pave the way for a decentralized and connected future.
How to Buy Crypto on Bittime
You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime.
Monitor graphic movement of Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.





