Swarm Airdrop Campaign “The Rise of Bee”
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Normal, Low Risks
- Swarm is airdropping 1 million BZZ tokens.
- To be part of the airdrop you must run and install a Bee node.
- The more you contribute to the network the more chances you have to get BZZ tokens.
- You need to cash out cheques from the qBee nodes to receive the tokens before Swarm goes to mainnet.
- There are several ways of installing and running a Bee node. Check the documentation.
- The campaign started on 14 February 2021 with the Goerli block #4283397
Why are team doing this airdrop?
- Stress-test the network (and the organization)
- Boost the number of active Bee nodes
- Establish good tech-support channels
- Raise awareness that Swarm 1.0 is just around the corner
- Create quality FAQ lists & tutorials
- Gather feedback from the community
What do you need to do to get your hands on these BZZ tokens?
This one is simple. You have to run and install your Bee node. You will need a working, well-connected, and data-rich Bee node to increase your chances of getting the BZZ. The more you contribute to the network, the more chances you have to get BZZ.
Which nodes will be eligible for the airdrop?
The nodes that will be eligible for the BZZ tokens are those that have proven exchanged bandwidth with what team call trusted “Queen Bee nodes” (qBZZ nodes).
There are going to be exactly 35 qBZZ nodes in the network and nobody (not even the team members) will know which those nodes are. This will be decided at the very end of the airdrop.
The proof of data exchange between your node and the qBZZ node are the cheques you received from the qBZZ node.
At the end of the airdrop, team will simply run a script and collect all the nodes that have proven cheques from the qBZZ nodes. The more cashed out qBZZ cheques you have, the more BZZ tokens you will receive.
How many tokens will you get?
So, team is giving out exactly 1M BZZ tokens. At the end of the airdrop, team will check how many qBZZ cheques are out there. That will tell them how many nodes are entitled to get the BZZ. The qBZZ/BZZ ratio will tell them how much one cheque is worth.
At the end of the airdrop, 500k qBZZ cheques were collected from all the nodes in the network. In this case, one cheque is worth: 1M BZZ divided by 500k = 2 BZZ tokens per qBZZ cheque.
So if your node collected 50 qBZZ cheques you will receive 50 x 2BZZ = 100 BZZ tokens. If you run 3 nodes and they collect 50 cheques each, then that is 300 BZZ from the airdrop. You get the idea.
When does the airdrop end?
The airdrop will conclude just before team goes live to mainnet, which is estimated for the first half of 2021.
This is important — as the airdrop concludes, you will need to cash out your qBZZ cheques. Without this, you will not receive your BZZ tokens once team hits mainnet. How to do the cash out will be explained in a separate tutorial in the following days.
How the hell do you run and install Bee node?
There are several ways to install and run your Bee node. One of the more convenient ways is to get a Raspberry PI and use DAppNode to install your Bee node. This is a very simple process and team created a detailed but simple how-to tutorial a few weeks ago. You can find this tutorial here.
You can run it on your computer too. Just check the documentation links and follow the instructions.
Struggling to install and run your Bee node? Let them help.
Team does realize that the UX of the installation process is not yet perfect (team will focus on that soon enough), so feel free to contact tech support anytime. The best way to do that is to use dedicated Telegram channel for Bee support.
Swarm holding “The Rise of Bee” Airdrop besides the obvious reason -- to reward his early adopters, but the team still wants to accomplish a few things before they go live on mainnet.
from 14 Feb 2021 12:00(UTC+3)