Memecoin
Memecoin airdrop eligibility under the 2023 terms depended on qualifying holdings
Memecoin airdrop terms covered MEME claims by eligible holders of Memeland NFTs or wallets bound with Wallet Maps. Qualification also depended on personal and jurisdictional restrictions, release conditions, and the applicable claim period. A new NFT owner could not claim tokens a previous holder had collected. The Memeland Airdrop Terms and Conditions, dated 7 November 2023, version 1.2, defined these rules for that campaign. A claim also required an active distribution.
NFT holdings and Wallet Maps supported different claim paths
Collection-based claims followed the qualifying NFT, while Wallet Maps claims followed the wallet bound with that reward.
NFT-linked eligibility
You the Real MVP, The Potatoz, and The Captainz were the qualifying NFT collections. A claimant needed the relevant holding on each claim date, not only at an earlier point. The terms also recognized a delegate wallet linked to the wallet holding an NFT. Delegation concerned access for an eligible holder; it created no separate allocation or exemption from the other eligibility conditions.
Wallet Maps eligibility
Wallet Maps were digital rewards for wallets joining The Captainz mint without receiving a spot. Their owners participated through the wallet bound with those Maps. NFT holders could qualify with or without Maps and Valuables, so the categories could overlap. Holding MEME itself did not substitute for either qualifying NFT ownership or the relevant Wallet Maps entitlement.
Was holding a qualifying NFT or Wallet Maps enough to claim?
A qualifying holding was necessary for these claim paths, but the 2023 terms also imposed personal and legal eligibility conditions. Participants had to meet the higher of age 18 and their jurisdiction’s age of majority. They also needed legal capacity to accept the terms, and their participation had to comply with applicable law.
The terms excluded sanctioned persons and people within jurisdictions carrying a relevant high-risk call-for-action designation. The document named North Korea, Iran, and Myanmar under that designation in November 2023. It separately excluded the Democratic Republic of Congo, Libya, Somalia, South Sudan, Sudan, Russia, and Yemen. Citizenship, location, residence, or organization under those jurisdictions’ laws could trigger the exclusion. Foreign and domestic politically exposed persons also fell outside the permitted group. For corporate participants, those exclusion tests also covered ultimate beneficial owners, related corporations, directors or officers, employees, agents, and others acting on their behalf.
Participants also represented that they owned and controlled the connected wallet and acted as principals for their own benefit. Those representations had to remain true from acceptance.
Claimable amounts depended on traits and previous claims
A listed maximum described the ceiling for a qualifying asset, while release status and claim history limited the amount available.
NFT type and traits
The Potatoz had one listed maximum, while The Captainz amounts varied with traits. You the Real MVP had its own allocation ceiling. The 2023 table listed a maximum of about 228,605.5064 MEME per Potatoz NFT. The organizer retained discretion over the actual allocation. These figures formed part of MEME’s original distribution arrangements, but tokenomics totals did not establish an individual holder’s remaining claim. Stakeland staking used separate participation and reward rules.
Snapshot rewards and claim history
Maps and Valuables amounts depended on the reward type and its traits at the campaign snapshot. The snapshot counted rewards bound with an NFT or wallet. Those recorded characteristics informed the maximum, while earlier claims reduced what remained. The terms excluded any portion a prior holder had already claimed. A later NFT purchase therefore did not restore the full original allocation. The same exclusion covered amounts an earlier owner had already collected through Wallet Maps.
Release timing and expiry differed by allocation category
Maps and Valuables allocations had a launch-day release rule, while NFT allocations followed the organizer’s release decisions. The 2023 schedule placed Maps and Valuables in the 20% share of the campaign’s airdrop tokens. It provided for that category’s full allocation to release on Token Launch Day. The remaining 80% represented NFT allocations, with release at the organizer’s discretion. Those percentages divided the airdrop between categories; they did not promise every holder an immediate 20% payment or set a daily NFT vesting rate.
Each category also had its own claim period. Under version 1.2, each category’s claim period ended 69 days after 100% of its category’s tokens had been released. Both periods began on Token Launch Day. Holders forfeited rights to released, unclaimed tokens after the relevant cutoff. The organizer could then decide their disposition. A release schedule did not prove any particular holder received MEME. The organizer also retained an emergency stop capable of terminating distribution.
Network fees and wallet access remained the holder’s responsibility
The airdrop carried no token purchase charge, while claimants paid network fees to collect their allocations. The 2023 terms required holders to pay network fees every time they requested a transfer of released MEME. Paying those fees did not purchase additional entitlement or alter release conditions.
Wallet security remained with the holder after receipt. The terms assigned responsibility for private keys and access credentials to the wallet owner. The organizer accepted no obligation to recover or return tokens after a loss, hack, or theft. If the holder lost essential credentials, MEME could remain inaccessible even after a successful claim.
Claim timing affected network-fee exposure
During an open claim period, should a holder collect released MEME immediately or wait for another release? Each request carried its own network fee, while waiting left tokens unclaimed until a later request. A later claim could include further releases if they occurred before the category’s cutoff. Combining releases into fewer requests could reduce the number of fee payments; the fee per request could change.
- Identify whether the entitlement came from a qualifying NFT or Wallet Maps.
- Establish that the claimant satisfied the campaign’s personal and jurisdictional conditions.
- Separate the allocation ceiling from released MEME still available after previous claims.
- Keep each proposed request inside its category’s claim period and account for its network fee.
- Use the completed MEME transfer, including its recipient and amount, to establish what the claim actually delivered.
If the organizer stopped distribution, an unexpired claim period alone did not make a later transfer available.
Details worth knowing about Memecoin airdrop
Did the NFT airdrop require MEME staking?
The 2023 airdrop eligibility rules did not require MEME staking. They covered holders of the qualifying Memeland NFTs and owners of wallets bound with Wallet Maps. Stakeland staking involved a separate rewards program. Participation in that program did not replace the holdings, release conditions, or claimant eligibility requirements of the original NFT airdrop.
Could the organizer reject a holder after acceptance of the terms?
The organizer reserved the right to reject participation for any reason, even after a person accepted the terms. It could also abort the campaign. Meeting the stated conditions therefore did not create an unconditional obligation for the organizer to transfer MEME to that person.
When was the Maps and Valuables snapshot scheduled?
The 2023 terms set the Maps and Valuables snapshot for 25 October at 11:00 p.m. Hong Kong time. That snapshot determined the number and traits of rewards bound with an NFT or wallet. The claimant still needed to hold the qualifying NFT or own the wallet bound with Wallet Maps on each claim date.
Were sales or swaps of locked airdrop tranches permitted?
The 2023 terms required prior written consent for a holder to sell or transfer a locked airdrop tranche. They also covered swaps transferring its economic exposure, whether settlement used tokens, other digital assets, or cash. The rule covered lending, pledging, and agreements or announced intentions to dispose of the locked portion. The restriction ended for that tranche when its lock-up ceased under the release schedule.
Was Binance Launchpool part of the NFT airdrop?
Binance Launchpool and the Memeland NFT airdrop were separate distribution programs. Binance’s 27 October 2023 announcement set a farming window from 28 October through 26 November 2023, using BNB, TUSD, and FDUSD pools. That exchange campaign required KYC. Access to those pools did not establish eligibility for the NFT or Wallet Maps airdrop.
How did revisions change the applicable airdrop terms?
The organizer reserved the right to revise the 2023 campaign terms with or without notice. A revision took effect on publication unless the notice specified another date. Continued access or participation after that date counted as acceptance of the revised conditions.
Last updated ·