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Articlemedium.comDropzey1y ago

Why We Built Dropzey — Fixing Airdrops for Everyone

Dropzey is a tool built on the Stellar blockchain using Soroban smart contracts to simplify and automate airdrops, making them transparent and trustworthy. It verifies participant actions like social media follows and distributes tokens automatically. Backed by the Stellar Community Fund, Dropzey is currently running a presale for its $DROPZ token.

Token ManagementSmart ContractsSCF
Lumen Loop's take

Dropzey addresses the common pain points of airdrops, such as manual verification of social tasks and one-by-one token distribution, by leveraging Stellar's fast, cheap transactions and Soroban smart contracts for full automation and transparency. Airdrop creators can set eligibility criteria like country or interests, while participants gain trust through verifiable processes and scam avoidance. Stellar was chosen for its 5-second settlement times, negligible fees, and official support from the Stellar Community Fund, which funded core development. The presale for $DROPZ tokens, the utility token powering Dropzey, is live until June 30 on platforms like Scopuly and Lobstr. The product is already functional, emphasizing real progress over promises to build trust in Web3 project growth.

Mentioned projects
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DropzeyApplications
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Airdrop

Decentralized Airdrop Hub on Stellar Network. Create, manage, and participate in airdrops, with transparency and efficiency.

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LobstrApplications
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P2PMobileSoftware Wallet

LOBSTR is a web and mobile wallet that enables users to interact with the Stellar network and its decentralized exchange. It sup…

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