Okto Introduces Points Program & Airdrop Campaign to Drive User Engagement
Okto Launches Points Program & Airdrop: Incentivizing User Participation
Okto, a decentralized finance platform, has announced Season 1 of its Okto Wallet points program and a strategic airdrop of OKTO tokens. The initiative aims to reward users for on-chain activities and ensure fair distribution of rewards.
Exclusive Airdrop & Points Program
Neeraj Khandelwal, the co-founder of Okto, stated that all existing self-custody wallets with the Okto Wallet app have received bonus points, with initial drop of 20 million points for eligible on-chain traders. The points program covers various activities on the app including crypto deposits, trades, and participations in airdrops quests.
- Users transferring from centralized exchanges receive bonus points
- High-volume traders earn 1.5x bonus points
Focus on Fair Distribution
Okto emphasizes fair token distribution amidst community scrutiny. Okto pledges to ensure a level playing field by implementing sybil checks and partnering with anti-fraud establishments. The platform plans to provide supply and allocation details in the updated whitepaper version.
Okto is also enhancing its technological infrastructure to enable secure transactions and abstract Web3 complexities.