In early 2022, the Lunar project ran a special giveaway that handed out only 140 NFTs. This wasn't your typical airdrop-no thousands of tokens, just a small number of exclusive digital collectibles. Here's exactly how the Lunar airdrop worked and what participants needed to do.
How the Lunar Airdrop Worked
Lunar (LNR) partnered with CoinMarketCap for this limited NFT distribution campaign. The project distributed exactly 140 unique NFTs, with each winner receiving one NFT. Unlike regular token airdrops, this used NFTs to create scarcity and perceived value. The Lunar team managed all distribution directly, while CoinMarketCap only hosted the campaign page for visibility. This setup helped smaller projects like Lunar gain credibility through a trusted crypto data platform.
What Participants Had to Do
Winning required three simple but specific steps. First, participants had to retweet the official Lunar airdrop tweet from https://twitter.com/lnrdefi/status/1498453186755108865 and tag three friends. This viral element helped spread awareness. Second, they needed to join the Telegram community at https://t.me/lnrdefi to stay updated. Finally, they filled out an application form on CoinMarketCap’s Lunar page with their BNB Chain wallet address. No other blockchains were supported, so participants had to ensure their wallet worked with BNB Chain.
Why NFTs Instead of Tokens?
Most airdrops give away fungible tokens, but Lunar chose NFTs for a reason. NFTs are unique digital collectibles with built-in scarcity. With only 140 available, each one felt special. The project likely planned future utility for these NFTs-maybe access to exclusive features or events within the Lunar ecosystem. During 2021-2022, many DeFi projects started using NFTs in airdrops to build stronger community engagement. This approach stood out from typical token distributions where rewards feel less valuable due to high supply.
CoinMarketCap’s Role in the Campaign
CoinMarketCap acted as a trusted host for the Lunar airdrop. Their platform gave the campaign legitimacy, reaching users who might not have discovered Lunar otherwise. However, CoinMarketCap didn’t handle the actual distribution. The Lunar team selected winners and sent the NFTs directly. Participants had to trust Lunar for reward delivery. This is common for exchange-hosted airdrops-platforms like CoinMarketCap provide visibility but leave execution to the project team.
Wallet Requirements Explained
Participants needed a wallet compatible with BNB Chain (formerly Binance Smart Chain). Popular choices included Trust Wallet and MetaMask configured for BNB Chain. This requirement meant users had to set up their wallets correctly before applying. Without a compatible wallet address, there was no way to receive the NFT. The project focused on the BNB Chain ecosystem because it was popular for DeFi and NFT projects at the time, offering lower fees and faster transactions than Ethereum.
What Happened After the Airdrop?
After the campaign ended, details about the NFTs’ value or utility became unclear. Some winners may have traded them on marketplaces like OpenSea, but there’s no public data on sales or current prices. Lunar hasn’t shared updates about the NFTs’ role in their ecosystem. This is typical for many airdrops-once distribution is complete, follow-up information often disappears. The project likely moved on to other initiatives, leaving the NFTs’ long-term purpose a mystery.
Common Questions About the Lunar Airdrop
Was the Lunar airdrop a token or NFT giveaway?
It was an NFT giveaway. The Lunar project distributed exactly 140 unique NFTs instead of traditional tokens. This was unusual at the time, as most airdrops give away tokens. NFTs created scarcity and potential collectible value.
How many NFTs were available in the Lunar airdrop?
Exactly 140 NFTs were distributed. Each winner received one NFT, making it a very limited supply compared to typical token airdrops that might give out thousands or millions of tokens.
What blockchain network did the Lunar airdrop use?
The airdrop used Binance Smart Chain (BSC), now known as BNB Chain. Participants needed a BSC-compatible wallet address to receive their NFTs. This was common for projects focused on the Binance ecosystem during 2022.
Did CoinMarketCap handle the distribution of Lunar NFTs?
No. CoinMarketCap only hosted the campaign page. The Lunar team managed the entire distribution process, including selecting winners and sending the NFTs. Participants had to trust Lunar directly for their rewards.
Could you participate without a BSC wallet?
No. The airdrop required a BSC wallet address for distribution. If you didn’t have one, you couldn’t receive the NFT. This meant participants needed to set up a wallet like Trust Wallet or MetaMask configured for BNB Chain.
Was the Lunar airdrop open to everyone?
Yes, but only if you completed all steps correctly. The campaign didn’t require token holdings or special access. Anyone could participate by retweeting, joining Telegram, and submitting their wallet address. However, with only 140 NFTs available, competition was high.
What was the deadline for participation?
The exact deadline isn’t publicly documented. Campaigns like this usually run for 1-2 weeks. Participants had to complete steps before the form closed. Since Lunar handled distribution, the timeline was controlled by them, not CoinMarketCap.
Lunar distributed exactly 140 unique NFTs in early 2022 through CoinMarketCap. The steps were simple: retweet, join Telegram, submit BNB Chain wallet address. This approach created exclusivity without overwhelming supply. The project's choice of NFTs over tokens was strategic for perceived value. BNB Chain compatibility was essential for distribution. CoinMarketCap's role was visibility, not handling distribution. Post-airdrop updates were scarce, which is typical. This method highlights how smaller projects can leverage trusted platforms for credibility. The limited supply ensures each NFT holds unique value. Overall, a well-structured campaign that balanced accessibility and exclusivity.