Unlocking Opportunities: Dive into the XDAO Community Contest! (Stage 1)

Are you ready for an adventure in the world of decentralized finance? The XDAO team is thrilled to announce the launch of our inaugural community contest, where we’ll be distributing tokens to the first 500 DAOs with a whopping 100 $XDAO each!

How it Works:
To participate, all you need to do is create a DAO and activate it with tokens. Hold onto these tokens for 30 days, and we’ll reward you with 100 $XDAO after the month is up. But that’s not all — the price of DAOs increases with every 100 new ones, so act fast to secure your spot and get your hands on some XDAO tokens.

The Benefits:
By participating in the contest, users not only receive DAOs and tokens that can later be withdrawn, but they also have the opportunity to sell their DAOs for profit in the future.

For Example:
Let’s say a user creates a DAO with 100 $XDAO tokens and holds onto them for 30 days. After this period, they’ll receive an additional 100 $XDAO tokens.

Important Reminders:

1. This contest is only valid on BNB, Arbitrum One, and Polygon networks.
2. Once tokens are deposited, they should not be withdrawn from the DAO’s account.
3. Tokens received from the drop can be withdrawn.
4. It’s worth noting that users who hold onto tokens may receive rewards.
5. Multi-accounting is strictly prohibited.
Recommendations:

• Wallet with a minimum of 20 transactions
• Wallet life of at least 2 months

Start May 13th, 15:00 UTC
DAO snapshots we will be taking every week!

User Journey:
1. Get $XDAO tokens (we recommend using BingX for convenience, as it supports multiple networks).
https://bingx.com/en/spot/XDAOUSDT/
https://docs.xdao.app/how-to-buy-usdxdao-token
2. Withdraw tokens to your blockchain wallet (such as MetaMask, Rabby, etc.).
3. Create your DAO here: https://xdao.app/
Instructions: https://docs.xdao.app/guides-for-gt/create-a-dao
Note: This contest is valid only on BNB, Arbitrum One, and Polygon networks.
4. Hold onto the tokens in your DAO’s balance for one month (hold without withdrawing).
5. After 30 days from the start of the event, we will send out rewards.

Embark on this exciting journey with us and unlock the potential of decentralized finance! Join the XDAO community contest today and seize the opportunity to grow your crypto assets. Don’t miss out — the adventure awaits!

Сoming soon:

• New contest stages
• Community events

Stay tuned for announcements!