Bear Market Defiance: The "Penguin Chain" Abstract Airdrop Interactive Strategy

Since its launch, the "Penguin Chain" Abstract has issued a total of 4 weeks of XP rewards.

This airdrop mechanism might remind you of Blast, right? In the article "Abstract Launch Imminent, How to Participate?" prior to Abstract's launch, we speculated on this:

Gold points on Blats can be distributed by projects to incentivize users, leading to competition between projects. It is still unclear whether Abstract will draw inspiration from this.

This speculation has been confirmed. According to Abstract team member @0xCygaar, the distribution of XP in Abstract is dynamically adjusted weekly based on the activity of projects within the ecosystem.

Therefore, the airdrop logic suitable for Abstract should be "Boutique." Although this chain does not have a direct ETH locking mechanism like Blast did, to receive more XP, besides maintaining basic non-mechanical interactions, the majority of XP allocation goes to the flagship projects within the ecosystem. To participate in these projects, what is required is not just a cost of engagement but rather a significant entry capital.

For example, the current flagship project On-chain Heroes' top player @0xtsider received a reward of 84994 XP last week. Currently, to participate in On-chain Heroes, one must at least spend 0.5 ETH to purchase an NFT to enter the in-game staking.

Nevertheless, I believe that interacting with Abstract is still worthwhile at this stage. As the saying goes, "The ones who arrive early benefit the most." In a time when information asymmetry has been largely eliminated, what we often pursue is only the anticipation gap. With the success of Pudgy Penguins in the past, Abstract may suddenly launch a major event at some point in the future, and now, when not many people have participated yet, is the best farming opportunity.

Abstract The current TVL is only a little over $14 million, which looks shaky, but compared to when it first launched, there has been a slow upward trend. Apart from XP, which is an airdrop-related incentive mechanism, the team has not yet revealed any other tricks to boost TVL.

Popular Daily Interactions

First, you need an Abstract Global Wallet (AGW), which is not a plugin wallet but a web-based wallet. You can register using an email address or link it to your MetaMask or other plugin wallets. (Official Website Link)

After registration, click on the left sidebar of the webpage on "Discover," then scroll down to see the neatly arranged ecosystem dApp list by Abstract.

Next, a detailed explanation will be provided on how to participate in each project and the associated costs.

Live Streaming

Streaming through the "Stream" feature in Abstract Global Wallet allows you to earn XP. The higher the viewership, and the closer the project is to Abstract, the more XP you will receive. However, this streaming requires approval from Abstract's official team to qualify. (Application Link)

On-chain Heroes (@onchainheroes)

Entry Cost: 0.45 ETH

Current Participation Method: Hold the OCH Genesis Hero NFT and stake it in the in-game.

An on-chain game created by former Wolf Game dev lead @skarlywarly. This game currently only allows staking heroes to earn $HERO and spending $HERO to level up heroes to increase staking rewards. In the future, the game will update with equipment and a dungeon system to enrich the gameplay mechanics.

On-chain Heroes

Currently, this game relies solely on buying NFTs to participate in "mine, stake, sell" with a relatively long break-even period. Taking my own level 4 hero as an example, the daily production of $HERO is 333.36 tokens, yielding approximately $32 per day. Currently, on Magic Eden, the floor price of a level 4 hero is 0.45 ETH, requiring about 30 days of mining to break even.

It can be said that currently there is a significant disparity between the price of NFTs and the token price generated from staking. The reason why the NFT price can remain relatively strong is, first, due to the Abstract XP incentive, second, everyone is looking forward to the upcoming gameplay updates that can restart the Ponzi flywheel, and third, the project's community was robust enough during the minting phase, with over 90% of the total supply minted.

Overall, this is a game for whales.

Gigaverse(@playgigaverse)

Entry Cost: 0.0057 ETH

Current Participation Method: Consume Noob Pass NFT*1 to obtain game eligibility and play daily

Similar to On-chain Heroes above, this is also an on-chain, RPG-type game created by Pirate Nation team member @0xDith.

The currently available game content is actually quite simple. It involves battling against a computer using a gameplay similar to "rock-paper-scissors." After winning a battle, you can receive an opportunity to enhance your abilities and advance to the next level until you are defeated. Each time you defeat an opponent, you will receive some in-game items that can be used to permanently enhance your basic attributes.

It is important to note that in the game's two modes, the Gigus Mode does not drop the "Dugeon Scrap," which is the material needed to permanently enhance your basic attributes, and the difficulty is higher than the Normal Mode. Therefore, at the beginning of the game, it is not necessary to waste energy on the Gigus Mode. Of course, once you have honed your skills or have excess energy, you can try the Gigus Mode, where unique in-game items are also dropped.

You can play a maximum of 10 rounds of Normal Mode per day, requiring a total of 400 energy points. The game's energy recovery mechanism automatically restores 10 energy points per hour, with an energy cap of 240 points. This means that without purchasing additional Gigaverse ROMs NFTs to obtain extra energy, you will not be able to play the Normal Mode to its full extent each day. However, if you are looking to interact at the lowest cost, you can spend 0.0057 ETH to purchase a Noob Pass and use it to qualify for the game.

Roach Racing Club (@RoachRacingClub)

Entry Cost: Free

Current Participation Method: Daily Gameplay

The game involves a group of roaches racing. If there are 10 players in a full game, reaching the top 3 positions will earn you a $MTGN reward, essentially following a Play to Airdrop process.

However, after a roach's energy is depleted, you need to spend $MTGN to recharge the roach to continue playing. Recharging takes 2 hours, and if you do not pay to accelerate the charging process, you can deplete the battery 12 times per day.

Accelerated charging in the game is achieved by predicting the coin's price trend: guessing whether it will rise or fall and then selecting the price position for settlement. The higher the multiplier, the more acceleration you receive. Conversely, if you guess incorrectly, the higher the multiplier, the more deceleration you experience. There is a 5-second cooldown period after each prediction, allowing you to choose to guess again.

Duper(@playduper)

Entry Cost: Free

Current Participation Method: Daily gameplay

This game's two matching modes are only available during two time slots each day: 10 AM to 1 PM and 9 PM to 4 AM. The Casual Mode can be played for free because after completing the tutorial in the game, we will be given some "Sparks" required to participate in Casual Mode. If you win in the Casual Mode, you can earn more "Sparks," but if you run out, you will have to spend money to continue participating.

Overall, this game is a social strategy game because the victory condition in the game is to either occupy 11 map tiles first or have a straight flush. Deploying troops to occupy the map is related to the hand of cards, and players can exchange the required cards during the game. The final victory is not necessarily for the player with the most gains (the distribution of gains depends on who collects the most gems).

The game has a relatively long duration per session and requires some learning curve. In comparison to the above three game projects, interacting with this project will be slightly more tiring.

Captain & Company(@capncompany)

Entry Cost: Free

Current Participation Method: Complete tasks provided in the game to earn "mXP"

One person navigates the ship, while the remaining players control the cannons for naval warfare. Engage in battles with computer-controlled enemies or other players in the game and collect as much loot as possible.

The daily tasks of this game are not displayed within the game but are shown in the "Quest" section of the player's profile page on the game platform kap.gg. If you want to earn Abstract XP through interacting with this game, you must first link your Abstract Global Wallet in the "Quest" section of your profile page on kap.gg and then proceed to complete tasks in the game.

Vibes (Pudgy TCG @ocapgames) + Pudgy World (@PudgyWorld_)

Entry Cost: Free

Current Participation Method: Play-to-earn

Vibes (Pudgy TCG) is a card game based on the Fat Penguin IP, while Pudgy World is pretty much a Fat Penguin "QQ Pet," right? These two games, one requires installing the app on your phone to play, and the other requires installing a PC client to play. Although they are from the same lineage, it seems that there is no special treatment for players of these two games because of this reason. For example, the following Penguin Life player claims to have been playing every day since day one, with over 3500 transactions in total, ranking 16th on the leaderboard, but still only received 816 XP last week.

Myriad (@MyriadMarkets)

Entry Cost: Free

Current Participation Method: Participate in predictions

Prediction market, daily check-ins, and task completions will earn you Points for predictions. Basically, take all your Points every day and use them up; of course, you can also participate in some interactive activities on the platform to earn more Points.

Gacha (@gacha_game_)

Entry Cost: Minimum $2 per draw

Current Participation Method: Spend $2 to draw a prize

On-chain scratch cards, please don't get addicted, please don't get addicted, please don't get addicted. The cheapest scratch card is about $2 each, just participate a little for interaction purposes.

Multiplier(@multiplierfun)

Entry Cost: Minimum 0.0025 ETH per play

Current Participation Method: Spend 0.0025 ETH to draw a prize

Market "Green Candle" Maker. You can choose a small-cap meme coin you like, select a multiplier, and wager ETH. If the final system-provided multiplier is less than your chosen multiplier, your ETH goes to the project team, and you receive the project's token. Conversely, the system will use the treasury to buy the corresponding meme coin and return (the amount you wagered * multiplier) worth of meme coins to you.

Additionally, trading Abstract's NFT on Magic Eden will also earn XP rewards. Any app listed on the "Discover" page of Abstract Global Wallet can be interacted with, but the lower the project's popularity, the less XP you will receive from interactions. Time and energy are limited, so interacting with popular apps is fine, but if you are interested and have the time, experiencing each app is also possible.

Badges

The "Flash Badge" activity currently occurs about once a week, with each instance providing ample time for everyone to complete. These badges earn XP weekly, and based on discussions in the official Discord community, it seems that each "Flash Badge" can earn 250 XP per week (for reference only). The requirements are not difficult to meet, so be sure not to miss out, as once the time has passed, you cannot earn them again.

The currently issued "Flash Badges" include:

"Multiply It" - Played Multiplier at least once, task completed.

"Myriad Master" - Completed any amount of guessing on Myriad, task completed.

"Gigaverse Giga Chad" - Created a game character in the Gigaverse game, task completed. This is currently the only badge with an entry cost because creating a character requires a Noob Pass.

「Super Duper」 - Complete the tutorial level in Duper and achieve positive earnings in any ranking mode. This achievement is currently still obtainable. Complete the tutorial level first, then play in Casual Mode and win some "Sparks." Sometimes you don't necessarily have to be in first place to win "Sparks"; it depends on the specific outcome of each game.

Experience Bonus Conditions

By meeting the following conditions, you will receive a weekly XP bonus.

「Elite Chad」 - Have the "Elite Chad" role in the Abstract official Discord, providing a 12.5% bonus.

「Graduated Elite Chad」 - Have the "Graduated Elite Chad" role in the Abstract official Discord, providing a 25% bonus.

「Giga Chad」 - Have the "Giga Chad" role in the Abstract official Discord, providing a 75% bonus.

「Pudgy Penguins Holder」 - Hold a Pudgy Penguins NFT, providing a 50% bonus.

「Lil Pudgys Holder」 - Hold a Lil Pudgys NFT, providing a 7.5% bonus.

Additionally, holding $PENGU can also grant additional XP bonuses, divided into three tiers: holding 88888 tokens, 888888 tokens, and 8888888 tokens. It's not clearly stated whether this functions like a badge that directly provides XP or serves as a bonus.

If you are eligible for asset-based bonuses, remember to verify your role in the official Discord for the bonuses to take effect.

Conclusion

Abstract's airdrop interaction may be more suitable for a "Boutique Strategy" where not only do you need to nurture a "Boutique Account," but you also need to engage with trending "Boutique Projects." With the same amount of XP, the experience bonuses can make a noticeable difference.

We hope this article has been helpful for your Abstract airdrop interaction.