In addition to the fully developed DeFi and Gaming segments, Avalanche is also making moves to promote the NFT segment in the ecosystem with the combination of NFT Marketplace Hyperspace to launch the Hyperspace Rewards campaign. In this article, Weakhand will give everyone instructions on how to join Hyperspace Rewards to earn lots of rewards.
Overview of Hyperspace Rewards
Hyperspace is an NFT exchange that initially developed on the Solana ecosystem, then changed its development direction to many different Blockchains. After coming to Avalanche, Hyperspace quickly grew and attracted users to become the largest NFT Marketplace on this ecosystem.
Hyperspace Rewards is a program organized in conjunction between Avalanche and Hyperspace with the purpose of incentivizing millions of dollars in AVAX rewards to stimulate all users to trade NFTs on this ecosystem.
The Hyperspace Rewards program has gone through a total of 2 Seasons and is in Season 3 with a remarkable growth in the number of participants as well as quality when calculating the current points, the top 10 of Season 3 is 658M. , many times higher than Season 2 of 211M and Season 1 of 36M.
Instructions for Joining Hyperspace Rewards
Connect to wallet and Twitter
- Visit: https://avax.hyperspace.xyz/rewards
- Select the Season with the word “Active”.
- Proceed to connect to your wallet and Twitter account in the “How to Earn Points” section.
Trade NFTs to get points
NFT trading activities that qualify for bonus points are (points earned will be sorted in descending order):
- Buy a listed NFT (get the most points).
- Buy an NFT by bidding on the entire collection.
- Sell an NFT through a marketplace listing.
- Sell an NFT at another user’s bid price (least points).
A few notes to get the most points when trading NFTs on Hyperspace are:
- Only NFT collections in the “Eligible collections include” section are eligible to earn points.
- Points will be calculated based on everyone’s trading volume.
- Buying NFTs and reselling them at a higher price will get maximum points.
- Buy NFT and hold for at least 4 hours to receive 90% of the points, receive 100% when holding for more than 1 week.
- Buying and reselling NFTs at a loss will immediately earn you fewer points.
- Buying and selling NFTs between different wallets will be disqualified from the competition.
Join Launchpad to receive points
In addition to trading NFTs on the platform, people can also join Hyperspace Launchpad to earn points by:
- Visit: https://avax.hyperspace.xyz/launchpad
- Participate in minting the latest NFT sets on Launchpad.
Launchpad rounds on Hyperspace usually have 2 rounds as follows:
- Whitelist mint: Occurs first for certain eligible wallet addresses.
- Public mint: Everyone can join the mint on a first-come, first-served basis.
Summary
Above are instructions for participating in Hyperspace Rewards from Weakhand. Hopefully, through this event, everyone will be able to earn a lot of AVAX from trading and participating in NFT-related activities on Avalanche.
