PartyDAO is a socialFi dApp that offers users a new way to experience "multiplayer" interactions with Ethereum dApps. It allows users to form "Parties," pool funds, discuss strategies, vote, and collectively engage with Ethereum dApps using the pooled resources.
Currently, there’s no official confirmation that the platform will release a native token, but given the project's maturity, we may anticipate the PartyDAO token release and airdrop at any time. Therefore, CoinLaunch has prepared a comprehensive guide on how you can participate in a potential PartyDAO airdrop.
To participate in the potential PartyDAO airdrop, you have a few main activities to complete on the platform:
Visit the PartyApp rooms dashboard, find active groups within the app, and purchase membership in one of these groups.
❗️ We recommend paying attention to the trading volume and the cost of joining a group. If you enter an inactive group, the party likely won’t make any transactions with Ethereum dApps, meaning you won’t generate much activity on PartyDAO and may not benefit from joining other groups.
Once you join a group, participate in the party's voting on which dApps the group’s wallet will engage with, and collectively complete multiple transactions across various dApps. Repeat the process as consistently as possible to further increase your activity on the Party DAO app.
Alternatively, you can create your own public (choose “token launch” or “public mint”) group and invite a few users to engage with dApps together.
This approach can save you some funds since the minimum contribution to the Party with lower users amount is lower than when it already has members. However, with this approach you still need to contribute funds to the party (the minimum amount is 0.001 $ETH) and find other members to invite so you can collectively engage with NFTs.
You could try to create a private Party and invite your other web3 wallets there, but you would still need to contribute funds to engage with dApps. Additionally, if PartyDAO conducts an airdrop, you might be flagged as a "sybil" and disqualified from receiving any rewards. For this reason, we don’t recommend this method.
Some protocols, when conducting airdrops, may consider specific users' NFT holdings and either airdrop tokens to them or increase their airdrop allocations. The same could happen with a potential Party DAO token airdrop.
Recently, PartyDAO launched its own NFT collection called Kazoo Legends, available for purchase on the OpenSea marketplace. Using the Party you’ve created or joined, you can collectively purchase tokens or NFTs to try and qualify for protocol airdrops.
Yet, not all projects offer or increase airdrop rewards for holding or minting their NFTs, so be aware of the risks when purchasing them. Still, by purchasing NFTs collectively, you may reduce the risk of getting rekt while increasing the chance of receiving an PartyDAO airdrop if one occurs.
Good Luck! 🍀
Acquire at least 0.001 ETH plus extra to cover fees on the Base network;
Visit PartyDAO and buy membership in any of existing parties;
Alternatively, create your own Party and invite other users;
Engage collectively with Ethereum dApps through PartyDAO;
Purchase platform’s NFTs;
Keep the process as consistent as possible;
Receive your tokens.