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NFT News

Arcade Unveils 3M ARCD Token Airdrop for NFT Collectors

Arcade has unveiled the schedule for participants, although specifics about the random selection process are undisclosed.

Written By:
Dishita Malvania

Last updated: February 20, 2024 6:43 PM
Published 2024-02-19
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Arcade Unveils 3M ARCD Token Airdrop for NFT Collectors

Arcade recently announced its “Clash of Claims” airdrop plan on Medium to disperse ARCD tokens to 4,000 wallets.

The Pudgy Penguins have been called into the ARCD Clash of Claims.

If you hold a @pudgypenguins you are automatically entered into the ARCD airdrop raffle.

Snapshot will be taken Monday – Feb 19 at 8:00pm UTC

Check out https://t.co/AgJVc6vM6O

Arcade 🤝 Penguins. pic.twitter.com/iFzKZlXbMp

— Arcade (@Arcade_xyz) February 18, 2024

Each of these wallets will have the opportunity to claim 750 ARCD tokens. The snapshot for this initiative will be taken on February 19 at 8:00 pm UTC. The distribution of tokens will occur in two stages: a whitelist and a public claim.

In the whitelist stage, Arcade intends to randomly pick 2,000 wallets during the snapshot. These wallets should hold NFT collections like Pudgy Penguin, Lil Pudgy, or Sappy Seal.

The other 2,000 wallets will be selected based on the successful connection of Solana or Bitcoin wallets containing NFT collections such as Mad Lads, Tensorians, BTC Puppets, NodeMonkes, or RSIC, all at the snapshot moment.

Arcade has unveiled the schedule for participants, although specifics about the random selection process are undisclosed. The whitelist phase for claiming tokens will be on February 21 from 6:00 pm to 8:00 pm UTC, followed by the public claim phase starting at 9:00 pm UTC on the same day. 

The public claim phase will continue until all remaining spots from the whitelist phase have been taken, according to the blog announcement.

Arcade, previously known as Pawn.fi, operates as an NFT platform, enabling users to borrow funds against top-tier digital collectibles.

Also Read: Starknet’s STRK Token Airdrop Sparks Trading Frenzy

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
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Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.

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