L2 Network Optimism has announced its fourth airdrop, this time designed to reward web3 artists.
According to the official release, the airdrop distributed 10343757.81 OP, worth approximately $40.8 million, to 22,998 addresses. Users have until February 13, 2025 to claim their tokens.
“A great society needs artists,” Optimism wrote on an airdrop collection page. “This airdrop is a thank you to artists and their ability to bring creativity on-chain. Your contributions play a vital role in the Optimism Collective.”
Users who create NFT art on the Ethereum mainnet or Optimism’s Superchain between January 10, 2023 and January 10, 2024 are eligible to participate in the airdrop.
Airdrops reward NFT creators based on the gas consumed by other users when minting or trading their NFTs; the more popular the NFT project is, the more rewards the NFT creator is eligible for. 1 ETH worth of gas incurred by a user on Optimism’s Superchain gives that individual 5000 OP, while accumulating 1 ETH worth of gas on the Ethereum mainnet gives them 50 OP. The final reward per address is up to 6,000 OP (approximately $23,640).
A user's token allocation can be increased by 50% or multiplied by 1.5 through bonus eligibility, including those who created an NFT contract before January 10, 2023, transferred their created NFT after November 11, 2023, or transferred their NFT creation after November 11, 2023. Active on Superchain since July 14, 2023, or a collector has spent more than 0.0005 ETH to transfer one of their NFTs. The scope of the increase depends on the number of eligible bonus events.