404 Jounery: Chapter 1

Lootex Editor
3 min readMar 7, 2024
Welcome to Chapter 1: Smart Actions for $FRENS Airdrop

Chapter 1: Smart Actions for $FRENS Airdrop

Event Dates: Mar. 7 — Mar. 20
Deadline: 15:00 (GMT +8)

As the title suggests, start your smart actions now to earn more $FRENS tokens! Chapter 1 will influence how many $FRENS tokens each Smart Frens holder can earn.
Before we dive into the rules, let’s get acquainted with the basics of the $FRENS token!

$FRENS Token

$FRENS Token

Total Supply: 20,000

Distribution:

  • Ecosystem Operations — 5%
  • Pool Creation & Liquidity — 10%
  • Smart Frens Holders — 36.94%
  • Smart Frens Traders — 48.06%

Participants will compete for an airdrop of 17,000 (85%) $FRENS tokens 🪙

Smart Frens Holders — 36.94%

Restrictions: None

Rules:

  • We will take a snapshot of wallets holding Smart Frens at Mar. 20 15:00 (GMT +8).
  • The more and rarer Smart Frens you hold, the more $FRENS tokens you will receive.
  • The rarity bonus will be in the order of “Epic > Rare > Common”.

Smart Frens Traders — 48.06%

Conditions:

1. Your profile must be connected with at least 1 social account (Twitter / Discord / Steam).

2. Each account must complete at least 2 transactions (either buying or selling).

3. Before the end of Chapter 1, each wallet must hold at least 3 Smart Frens.

All three conditions must be met to receive the $FRENS token airdrop for Smart Frens traders.

Rules:

  1. From Jan. 31 to Mar. 20, for every Smart Frens transaction completed, both buyer and seller will receive the score. The number of scores awarded will vary depending on the status and rarity of Smart Frens. Please refer to the information below 👇
  2. Score Calculation Method (All times in GMT+8):
  • Blind Box ( Jan. 31 — Feb. 16 15:00)

Buyer’s Scores = Transaction Amount * 2
Seller’s Scores = Transaction Amount * 1

  • After Reveal ( Feb. 16 — Mar. 20 15:00)

Buyer’s Scores = Transaction Amount * 2 * Rarity Bonus
Seller’s Scores= Transaction Amount * 1 * Rarity Bonus
Note: Rarity bonuses are ranked in the order of “Epic > Rare > Common”.

The Smart Frens Traders’ reward pool will be converted into $FRENS airdrops based on scores.

⚠ Warning

Wash trading and self-dealing to manipulate points are strictly prohibited. If suspicious activity is detected by the system, after review, we will reset all scores for the involved account to zero, and it will not receive any $FRENS airdrop!!!

404 Journey: Chapter 1 Leaderboard is Officially Live!

Understand the game rules to make the smartest choices!
Take action! To secure the most $FRENS airdrop.

Head over to Lootex now to check your current points and team👇
🔥 https://go.lootex.io/5nvla7 🔥

About Lootex

Lootex is a player-centric, cross-chain NFT trading platform that shares the latest blockchain game info. It is devoted to building a gamer-centric game asset marketplace where anyone can easily browse and trade game assets across multiple blockchains.

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