The Shiba Inu team’s $2,000 Shibarium giveaway, running from July 15 to September 15, encourages bridging assets, using Shibaswap, and sharing on X with specific hashtags.
In a recent announcement, DaVinci, a Shibarium Discord Admin, revealed a $2,000 giveaway contest designed to boost user interaction on Shibarium. The contest, starting on July 15 and running until September 15, encourages participants to bridge assets on Shibarium and share their experiences on X (formerly Twitter) using specific hashtags.
#TreatYourself #ShibArmy!
Be sure to participate in the following event on Shibarium Tech discord! pic.twitter.com/t8ckGJUTLx— 𝑺𝒂𝒏𝒅 | 🌍 Shibarium 🌏 (@Sand_ShibArmy) July 14, 2024
Contest Participation and Prizes
To participate in the contest, users are advised to bridge a specified amount of crypto to Shibarium and use Shiba Inu’s DEX, Shibaswap. Participants should then share their expertise on X including the hashtags #Shibarium and #TreatYourSelf.
Notably, the giveaway has a prize structure: $1,000 for first place, $500 for second place, $250 for third place, with $50 each for five additional winners.
Insights from Shibarium’s Marketing Lead
Lucie, the marketing lead for the Shiba Inu ecosystem, provided further information into the contest during an exclusive interview with The Shib Daily, emphasizing the inclusivity of the promotion.
To increase their chances of winning, Lucie recommended that participants interact more frequently on Shibarium and actively promote the project on social media. The giveaway, reportedly organized by Shibarium Discord admins with support from developers Shytoshi Kusama and Kaal Dhairya, is designed to foster community participation and engagement.
Shibarium Sees Growth
Meanwhile, Shibarium has seen significant activity, with key metrics reflecting its growth. The blockchain has created 5,775,622 total blocks, with an average block time of 5.0 seconds.
Total transactions on the network amount to 418,377,984. Additionally, Shibarium has 1,810,035 unique wallet addresses, a testament to its broad user base. The gas tracker reports transaction fees at less than $0.01, making it cost-effective for users.
Daily transactions on Shibarium average 3,190. This activity is further supported by recent partnerships with K9 Finance and Unification, aimed at enhancing Shibarium’s DeFi ecosystem. These collaborations seek to bolster decentralized finance within the Shiba Inu ecosystem, leveraging the Shibarium layer-2 solution and the security of the Ethereum network.
Shibarium’s focus on community and innovation is evident in its latest developments. The upcoming Shib Marketplace, powered by Shibarium, seeks to revolutionize digital commerce by providing transparent and secure transactions. This platform will eliminate intermediaries and mitigate fraud risks, leveraging Shibarium’s smart contract features.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
