Social Media Platform ChainGPT Exposes New Feature: Converting Online Buzz into Digital Token Distribution

In an exciting development for the Web3 community, ChainGPT, an AI-powered Web3 infrastructure provider, has unveiled Buzzdrops and Initial Buzz Offerings (IBOs). These new campaign formats aim to revolutionise how Web3 projects engage their communities and distribute tokens.

Buzzdrops are community-driven token distribution campaigns where participants earn tokens purely through activity. The Buzz system, powering these campaigns, uses a performance-based scoring system. Every post, share, referral, or engagement task translates into Buzz Points. These points are tracked on live leaderboards, and token allocations are distributed proportionally at snapshot.

IBOs, a new type of campaign, tie allocations directly to verifiable social impact and organic engagement. Users can commit stablecoins in IBOs, and the allocations are scaled by impact on the leaderboard. IBOs also combine community engagement with early access token allocations, making them an attractive proposition for participants.

Clear KYC requirements are in place for IBO participants, ensuring a secure and transparent environment. Participants can earn Buzz Points through the activity system and use them to participate in future Buzz campaigns, which are planned to be announced in the near future.

ChainGPT's ecosystem includes the ChainGPT AI suite, ChainGPT Pad, the Buzz system, and the upcoming AIVM blockchain. The first Buzzdrops and IBOs are set to go live with SnowBall Finance, Ekox, and ChainGPT.

For more information and to participate in Buzz campaigns, including the first-ever Buzzdrop that is now live, users can visit ChainGPT Pad. Christopher Duggan, the contact person for ChainGPT, can be reached for further queries.

Buzzdrops and IBOs aim to solve problems with traditional airdrops and Initial Dex Offerings (IDOs) by offering a fairer distribution model. By tying allocations to social impact and organic engagement, these new campaign formats are poised to transform the landscape of token launches in the Web3 space.