The time has almost come for the TDROP token launch on February 1st, and we’re excited to share more about the utility and benefits that TDROP offers to users on the ThetaDrop platform.
TDROP rewards activity on the ThetaDrop NFT Marketplace, provides decentralized governance for ThetaDrop, and rewards stakers with TDROP token rewards. It is a new TNT-20 token built on Theta blockchain, centered around the groundbreaking concept of NFT Liquidity Mining. TDROP tokens are earned by users each time they make a purchase using TFUEL on ThetaDrop (on the secondary market at launch, and on the primary market / initial drops in a coming update), or through a 3rd-party NFT Dapp built on the NFT marketplace smart contract. It can be thought of as ‘mining’ TDROP by providing liquidity to the Theta NFT Marketplace. This incentivizes early adopters of ThetaDrop to provide liquidity which enhances price discovery, improves trading volumes, and drives more user growth and adoption.