NFDomains x Coinbase Quest

NFDomains
3 min readAug 23, 2024

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Overview

NFDomains has been included in the upcoming Coinbase Quest program for Algorand! The quest program is meant to teach Coinbase users about Algorand while rewarding them for completing certain on-chain actions.

The quest for Algorand will consist of:

  • Funding a wallet
  • Making a swap
  • Lending USDC
  • Registering an NFD
  • Minting an NFT

After each step the user is rewarded with a small amount of ALGO. More details on the quest will come from the Algorand Foundation when the program goes live.

Post-Quest Quest

We thought it’d be fun to do a post-quest quest that would ideally:

  1. get the user more engaged in the ecosystem
  2. expose the user to the Algorand Twitter-sphere
  3. create a sticky user that stays around and possibly buys ALGO

Once the user has completed our Coinbase quest step (registering an NFD), they will be prompted with a post-quest opportunity to receive an on-chain airdrop. This will not be a mandatory step of the Coinbase quest, but an additional opportunity for the users to receive rewards. The airdrop will consist of community coins which get donated to try.algo.

  • The Tinyman team has donated ~30k ALGO worth of $TINY
  • The Akita community has donated ~15k ALGO worth of $AKITA
  • The NFDomains team has donated ~8500 ALGO worth of $JAWS
  • The Jim Coin community has donated ~7250 ALGO worth of $JIMMY
  • The BASED community has donated ~2000 ALGO worth of $BASED
  • The COOP community has donated ~1250 ALGO worth of $COOP
  • The Peperium community has donated ~750 ALGO worth of $PEPS
  • The Gully community has donated ~700 ALGO worth of $THICC
  • The Kitsune Inu community has donated ~150 ALGO worth of $KITSU
  • The CAT community has donated ~120 ALGO worth of $CAT
  • The High Community has donated ~110 ALGO worth of $THC

Post-Quest Steps

To complete the quest users will need to:

  1. link and verify an address to their NFD
  2. link and verify a Twitter account to their NFD
  3. follow the projects that donated on Twitter

1–30 days after completing the quest steps, the user will receive an airdrop to their NFD’s Vault. Hopefully, this uncertain timeframe will make the user check back more often than if they just received it immediately after completion. This also simplifies conducting the airdrop for us to potentially tens of thousands or hundreds of thousands of users.

Final Thoughts

We hope this additional questing, beyond the main quest, will expose users to more of the Algorand ecosystem, increasing the likelihood of retaining them and even turning some into power users. Whether they’re drawn to staking memecoins with high APYs or becoming active members of the Algorand Twitter community, this ensures they’re exposed to more than just the initial five quest steps.

If you would like to be a part of this, please send tokens to try.algo and DM us (NFDomains) on Twitter. We will do our best to include any community which wants to participate.

If your token has a very small amount of liquidity it may not make sense to include it in the airdrop as each airdrop will cost us .1 ALGO. We hold the right to not distribute tokens we’re sent. If for any reason your tokens are not distributed as part of the quest we will promptly return them to you.

Thank you all!

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NFDomains

Non-Fungible Domains, Algorand’s name service and marketplace for .algo domains. Built by TxnLab. https://nf.domains