9 C
London
Friday, April 19, 2024

PartyBid Airdrop Review: Now create or Join a Party to buy an NFT

- Advertisement -
binance 728x90 banner

About PartyBid Airdrop

PartyBid Airdrop lets people pool their capital together to purchase NFTs as a team. Anyone can create or join a Party to collectively bid in an NFT auction or purchase an NFT that’s on sale at a fixed price.

PartyBid doesn’t have an own token yet but they could launch an own token in the future. Users who’ve created or joined a party to buy NFTs may get an airdrop if they launch an own token.

PartyBid is the first product developed by PartyDAO, a decentralized software organization. PartyDAO was initially created for the purpose of shipping PartyBid V1.

You’re interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

PlatformTotal valueMax. ParticipantsWebsite
ETHN/AUnlimitedClick Here To Visit

Step No 1

Register for the PartyBid Airdrop by creating an account.

Step No 2

Verify your email & log in to your account.

Step No 3

Take part in the referral program and invite 3 friends.

Step No 4

Join PartyBid Airdrop on Telegram group & Telegram channel

Step No 5

Follow PartyBid Airdrop on Twitter & like/share the pinned tweet and tag 3 friends.  

Step No 6

Like/follow PartyBid Airdrop Now, everyone can become a Airdrop on Facebook & like/share the pinned post.  

How do Parties work?

Here are the main things to know:

  • Supported marketplaces: Parties can target NFTs that are available on Zora, Foundation, OpenSea, Nouns, and Catalog.
  • Auctions: When targeting an auction, a Party can collect any amount of ETH. Once a Party reaches the reserve price for an auction, it can place the first bid and begin the auction. During a live auction, if a Party has enough ETH, it can take the lead by placing the minimum winning bid. Anyone who has contributed ETH to a Party can trigger the next bid, as long as the Party is not already in the lead.
  • Purchases: When targeting an OpenSea listing at a fixed price, a Party accepts only the amount of ETH required to purchase the NFT at that price. As soon as the Party has enough ETH, it can buy the item instantly.
  • Permissionless & Trustless: Anyone can start a Party and configure it to their preferences. Funds contributed to a Party and NFTs transferred to a Party are controlled by a smart contract and are not custodied with any single person.
  • Winning: After a Party successfully acquires an NFT, all contributors whose ETH were used in the purchase are given ERC-20 tokens proportional to their contribution. These tokens represent fractional ownership of the NFT using Fractional’s contracts.
  • For developers: PartyBid’s MarketWrapper contracts provide a common interface to integrate with different NFT auction implementations. The MarketWrapper contracts can be found on PartyDAO’s Github.
  • Fee: Only on successful purchases by Parties, PartyBid charges a fee of 2.5% of both the ETH used in the purchase and the resulting tokens.

Setup

Visit the PartyBid website. Connect your ETH wallet. Now create or join a party to buy an NFT. Users can create or join a party to collectively bid in an NFT auction or purchase an NFT that’s on sale at a fixed price. PartBid doesn’t have an own token yet and users who’ve created or joined a party may get an airdrop if they launch an own token. Please note that there is no guarantee that they will do an airdrop to the early users of the platform. It’s only speculation.

Who made this?

PartyBid is developed by PartyDAO, a decentralized software organization. PartyDAO was initially created for the purpose of shipping PartyBid V1.

How do I stay updated?

PartyDAO can be found on:

  • Twitter
  • Mirror
  • Discord
  • Github
- Advertisement -

Disclaimer

Crypto investments come with high risk and you should always exercise caution when investing in any crypto asset. Investing in crypto carries a high level of risk, and may not be suitable for all investors. Any investment decisions made by you are made at your own risk and we are not responsible for any losses that may occur. Before investing, we recommend you consult a financial advisor to understand the risks and rewards associated with investing in crypto.

LATEST PR
- Advertisement -binance
Related Articles