Airdrop: Reward & Pay Contributors
Airdrop: Reward & Pay Contributors

Airdrop: Reward & Pay Contributors

 
1 - How to do an Airdrop on Coinvise
⚠️
Note: Before starting, make sure to have a Crypto Wallet and enough Ethereum ($ETH) to pay for the transactions (there are some network fees associated with doing airdrops).
If you don't want to pay money upfront, you can create your airdrop on a Layer 2 Blockchain (Polygon) that requires almost no gas fees when doing transactions. You can switch networks (from Ethereum to Polygon) easily on Coinvise, as shown below. Make sure to approve the transaction in your wallet once you've clicked on "Matic Network."
notion image
 
👇
Go on Coinvise.co and click the Create Token button.
notion image
 
👇
Click the "Connect Wallet" button and follow the instruction. If you don't have a Wallet or don't know how to connect it, here's a complete tutorial.
notion image
 
👇
Click the "Airdrop" button (highlighted in red below).
notion image
 
Starting from here, you'll have 3 options:
  • Repeat past airdrops (ideal for routine operations)
  • Send token to a wallet list (Ideal for established communities paying contributors)
  • Send tokens via unique link (Ideal for new communities & to bring awareness)
Feel free to go directly to the section that you think might make the most sense for your needs.
Table of content
 
Option 1 - Repeat Past Airdrops
👇
If you’ve already created airdrops, you’ll see them appear in a drop-down list similar to the one in the image below. Simply click on the “Repeat” button next to the one you’d like to proceed again.
notion image
 
👇
We will ask you to “Confirm repeat”. If everything looks good to you, validate the transaction in your wallet and we’ll send the tokens to the recipients. It's that easy ✨
notion image
Option 2 - Send by Unique Link
👇
If you don't want to repeat a past airdrop, simply click on create airdrop at the bottom of the page.
notion image
 
👇
From here, click on the “By unique link” option as shown below.
notion image
 
👇
Here’s where it becomes interesting. 1. Select the Token you want to Airdrop 2. Write the number of tokens you want to send per recipient. 3. Write the number of max. recipients that can claim the tokens Note: If you decide to send 555 tokens per person to 25 recipients - you'll send 555x25=13875 tokens total. 4. Choose an airdrop title. Try to find a title that makes recipients understand what this airdrop is all about and why they should claim it. 5. Write a description. 6. Click next.
notion image
👇
From there, you have the option to set conditions for claiming airdrops. Concretely, this means you can allow only people with certain tokens, NFTs or POAPs to claim your token. You can also create an allowlist and upload the .csv file here. You can select if you want people to match “all” or “any” conditions to claim your tokens.
notion image
Note: To add a condition such as “people need to hold X token to claim Y token,” we’ll ask you the address of X token, the chain the token is on, and the minimum amount of tokens potential recipients need to hold.
notion image
Once done, click Next.
 
👇
The airdrop process is a two steps process. First, click on “approve X tokens” and validate the transaction in your wallet. Then, come back on Coinvise, click on “create airdrop” and validate the new transaction in your wallet again.
notion image
 
🎉
Congrats, you can now share the unique link with your community for members to claim. When members will click on the unique link you’ve just created, they’ll see something similar to the image below. Note: To claim their tokens, recipients will need a Coinvise account and a crypto wallet.
notion image
 
 
Option 3: Send to a Wallet List
👇
If you don't want to repeat a past airdrop, simply click on create airdrop at the bottom of the page.
notion image
 
👇
From here, click on the “By unique link” option as shown below.
notion image
 
👇
Here’s where it becomes interesting. 1. Select the Token you want to Airdrop 2. Choose an airdrop title. Try to find a title that makes recipients understand what this airdrop is all about and why they should claim it. 3. Copy/paste your .csv file with the amount of tokens per recipient. Note: We suggest to create a sheet with 2 column - 1 with the wallet addresses & 1 with the amount per recipient. Export this file as a .csv and copy/paste it here. The format may be “Wallet address, number of token”. 4. Write a description. 5. Click next.
notion image
 
👇
The airdrop process is a two steps process. First, click on “approve X tokens” and validate the transaction in your wallet. Then, come back on Coinvise, click on “create airdrop” and validate the new transaction in your wallet again.
notion image
🎉
Congrats, the recipients should receive their tokens very soon. You can check out the status of your Airdrop by checking the transaction directly on Etherscan.
 
2 - What can an Airdrop help me achieve?
The Airdrop Tool allows you to:
  • Reward your contributors for the work they've put in your project.
  • Send tokens to allow members to access token-gated contents.
 
3 - Things to know before sending your Tokens (doing an Airdrop).
Every time you're going to do an Airdrop, you'll have to pay Gas Fees. Gas Fees are like tips for people securing your transactions. As many people want to do transactions simultaneously, you might have to pay a decent amount of money to validate your transaction. To give you an idea, in September 2021, it cost me $1200 to send my tokens to ~300 people.
If you want to avoid Gas Fees, you can bridge some of your Tokens to a Layer 2 Blockchain, meaning sending your tokens through another blockchain with more transactions/sec capabilities. You can do it using the Bridge tool on Coinvise (from the Dashboard, scroll down and click the "Bridge" button".
You can also take a look at this essay we’ve written regarding Airdrops where we study this token distribution mechanism.
 
4 - Protein Community and the case for Airdrops
Because we've always understood onboarding the next million individuals in crypto will only be possible through education and seamless user experience, we're building daily new easy-to-use tools and creating content on how to use them.
At Coinvise, we've first developed the most needed tools to grow a community, and developing the "Airdrop" feature has been a no-brainer for us.
Indeed, Airdrop is an essential feature that allows community leaders to create awareness around a new project, grant access to token-gated content or channel, reward early believers of a project, among many other things.
Learn more about how Protein leveraged the Airdrop tool to become a thriving community.
 
Airdrop: Reward & Pay Contributors
Airdrop: Reward & Pay Contributors

Airdrop: Reward & Pay Contributors

 
1 - How to do an Airdrop on Coinvise
⚠️
Note: Before starting, make sure to have a Crypto Wallet and enough Ethereum ($ETH) to pay for the transactions (there are some network fees associated with doing airdrops).
If you don't want to pay money upfront, you can create your airdrop on a Layer 2 Blockchain (Polygon) that requires almost no gas fees when doing transactions. You can switch networks (from Ethereum to Polygon) easily on Coinvise, as shown below. Make sure to approve the transaction in your wallet once you've clicked on "Matic Network."
notion image
 
👇
Go on Coinvise.co and click the Create Token button.
notion image
 
👇
Click the "Connect Wallet" button and follow the instruction. If you don't have a Wallet or don't know how to connect it, here's a complete tutorial.
notion image
 
👇
Click the "Airdrop" button (highlighted in red below).
notion image
 
Starting from here, you'll have 3 options:
  • Repeat past airdrops (ideal for routine operations)
  • Send token to a wallet list (Ideal for established communities paying contributors)
  • Send tokens via unique link (Ideal for new communities & to bring awareness)
Feel free to go directly to the section that you think might make the most sense for your needs.
Table of content
 
Option 1 - Repeat Past Airdrops
👇
If you’ve already created airdrops, you’ll see them appear in a drop-down list similar to the one in the image below. Simply click on the “Repeat” button next to the one you’d like to proceed again.
notion image
 
👇
We will ask you to “Confirm repeat”. If everything looks good to you, validate the transaction in your wallet and we’ll send the tokens to the recipients. It's that easy ✨
notion image
Option 2 - Send by Unique Link
👇
If you don't want to repeat a past airdrop, simply click on create airdrop at the bottom of the page.
notion image
 
👇
From here, click on the “By unique link” option as shown below.
notion image
 
👇
Here’s where it becomes interesting. 1. Select the Token you want to Airdrop 2. Write the number of tokens you want to send per recipient. 3. Write the number of max. recipients that can claim the tokens Note: If you decide to send 555 tokens per person to 25 recipients - you'll send 555x25=13875 tokens total. 4. Choose an airdrop title. Try to find a title that makes recipients understand what this airdrop is all about and why they should claim it. 5. Write a description. 6. Click next.
notion image
👇
From there, you have the option to set conditions for claiming airdrops. Concretely, this means you can allow only people with certain tokens, NFTs or POAPs to claim your token. You can also create an allowlist and upload the .csv file here. You can select if you want people to match “all” or “any” conditions to claim your tokens.
notion image
Note: To add a condition such as “people need to hold X token to claim Y token,” we’ll ask you the address of X token, the chain the token is on, and the minimum amount of tokens potential recipients need to hold.
notion image
Once done, click Next.
 
👇
The airdrop process is a two steps process. First, click on “approve X tokens” and validate the transaction in your wallet. Then, come back on Coinvise, click on “create airdrop” and validate the new transaction in your wallet again.
notion image
 
🎉
Congrats, you can now share the unique link with your community for members to claim. When members will click on the unique link you’ve just created, they’ll see something similar to the image below. Note: To claim their tokens, recipients will need a Coinvise account and a crypto wallet.
notion image
 
 
Option 3: Send to a Wallet List
👇
If you don't want to repeat a past airdrop, simply click on create airdrop at the bottom of the page.
notion image
 
👇
From here, click on the “By unique link” option as shown below.
notion image
 
👇
Here’s where it becomes interesting. 1. Select the Token you want to Airdrop 2. Choose an airdrop title. Try to find a title that makes recipients understand what this airdrop is all about and why they should claim it. 3. Copy/paste your .csv file with the amount of tokens per recipient. Note: We suggest to create a sheet with 2 column - 1 with the wallet addresses & 1 with the amount per recipient. Export this file as a .csv and copy/paste it here. The format may be “Wallet address, number of token”. 4. Write a description. 5. Click next.
notion image
 
👇
The airdrop process is a two steps process. First, click on “approve X tokens” and validate the transaction in your wallet. Then, come back on Coinvise, click on “create airdrop” and validate the new transaction in your wallet again.
notion image
🎉
Congrats, the recipients should receive their tokens very soon. You can check out the status of your Airdrop by checking the transaction directly on Etherscan.
 
2 - What can an Airdrop help me achieve?
The Airdrop Tool allows you to:
  • Reward your contributors for the work they've put in your project.
  • Send tokens to allow members to access token-gated contents.
 
3 - Things to know before sending your Tokens (doing an Airdrop).
Every time you're going to do an Airdrop, you'll have to pay Gas Fees. Gas Fees are like tips for people securing your transactions. As many people want to do transactions simultaneously, you might have to pay a decent amount of money to validate your transaction. To give you an idea, in September 2021, it cost me $1200 to send my tokens to ~300 people.
If you want to avoid Gas Fees, you can bridge some of your Tokens to a Layer 2 Blockchain, meaning sending your tokens through another blockchain with more transactions/sec capabilities. You can do it using the Bridge tool on Coinvise (from the Dashboard, scroll down and click the "Bridge" button".
You can also take a look at this essay we’ve written regarding Airdrops where we study this token distribution mechanism.
 
4 - Protein Community and the case for Airdrops
Because we've always understood onboarding the next million individuals in crypto will only be possible through education and seamless user experience, we're building daily new easy-to-use tools and creating content on how to use them.
At Coinvise, we've first developed the most needed tools to grow a community, and developing the "Airdrop" feature has been a no-brainer for us.
Indeed, Airdrop is an essential feature that allows community leaders to create awareness around a new project, grant access to token-gated content or channel, reward early believers of a project, among many other things.
Learn more about how Protein leveraged the Airdrop tool to become a thriving community.