Omni Network (OMNI) is a blockchain created to securely connect rollups via restaking, allowing for much greater cohesion in the Ethereum ecosystem. We’ll be airdropping its native token, OMNI, and you have the opportunity to receive a share of it.
Until 18 April, buy and hold at least US$20 of CRO in the Crypto.com App to claim your share of US$200,000 of OMNI.
The top 15,000 users ranked by CRO Net Buys* will be airdropped OMNI. The more CRO you buy, the more OMNI you stand to win. Purchases with fiat or cryptocurrency both count toward your total Net Buy amount!
Campaign Period: 12 April 2024, 10:00 UTC – 18 April 2024, 23:59 UTC
How do I participate?
- Sign up or sign in to the Crypto.com App (Guide)
- Go to the campaign section on the home screen and tap OMNI Airdrop Campaign > Join Now
- Perform at least US$20 of CRO Net Buys during the Campaign Period — buy more, earn more
Eligible participants will receive OMNI rewards** based on the amount of their CRO Net Buys during the Campaign Period. This is relative to the total respective CRO Net Buy pool, i.e., US$200,000 of OMNI, at the end of the Campaign Period.
Example:
Tony purchases US$2,000 worth of CRO during the Campaign Period. He is within the top 15,000 users ranked by CRO Net Buys.
At the end of the Campaign Period, the total amount of the CRO Net Buy pool from all eligible users are as follows:
CRO: US$968,000
Therefore, he will receive around US$310 worth of OMNI based on the following calculation:
309.92 = (2,000 / 968,000) x 150,000
*‘Net Buys’ as stated herein shall mean the total US$ value of CRO deposits and purchases in the Crypto.com App minus the total US$ value of a user’s sales and/or withdrawals of CRO on or from the Crypto.com App, which may be expressed as follows:
- CRO: Net Buys = Buys (CRO) – Sells (CRO) – Withdrawals (CRO)
- CRO Buy Volume: Refers to the USD volume of CRO bought in the Crypto.com Main App by any of the following methods:
- Debit/Credit Card Purchases
- From Fiat Wallet
- From Crypto Wallet (e.g. ETH to CRO conversion)
- Apple/Google Pay
- CRO Sell: Refers to the USD volume of CRO sold in the Cryptocom Main App or Exchange
- CRO Withdrawals: Refers to the USD volume of CRO withdrawn from Main App or Exchange
- The exchange rate of USD:CRO is calculated at the moment of the transaction
**The reward is calculated using the following formula:
- CRO Reward = (Participant’s CRO Net Buys ÷ Total Net Buys in the CRO Pool) x Total OMNI Allocation in the CRO Pool
Helpful Links:
- Join us on Telegram to discuss with the Crypto.com Community
- Guide to completing account verification
- Guide to purchasing crypto in the Crypto.com App
Notes:
- Participation in the campaign is strictly optional.
- No purchase is necessary to enter or participate.
- In addition to the following rules, please refer to the Global Official Rules, which apply to this Campaign. Participation in this Campaign is also subject to the Crypto.com App Terms & Conditions and Privacy Notice.
- The campaign is open only to users of the Crypto.com App having successfully completed the identification process by the end of the campaign period.
- Crypto.com will disqualify any entry from participants who do not meet the eligibility requirements as solely and absolutely determined by Crypto.com. Notwithstanding the generality of the foregoing, users who undertake any trades that are executed through bad trading practices, including but not limited to wash trades, false trading, self-dealing, or trades that display any attributes of market manipulation shall be disqualified from the campaign.
- By participating in the campaign, the participant acknowledges having read the Crypto.com Global Marketing Privacy Notice, which is published at https://crypto.com/privacy/marketing, and acknowledges that Crypto.com will use the information provided for the purposes of identity verification, assessing the participant’s eligibility to participate in the campaign and reward redemption.
- Rewards will be distributed to eligible recipients’ Crypto.com App Crypto Wallet in OMNI tokens by 9 May 2024.
- Crypto.com reserves the right to cancel, suspend, or amend the campaign mechanics or rules at any time at our sole discretion without prior notice to you.
- In the event of any dispute, Crypto.com reserves the right to make all final decisions regarding the campaign.
- Nothing contained herein shall be construed to be financial advice. Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by Crypto.com to invest, buy or sell any digital assets. Purchasing cryptocurrencies and digital assets involves a high degree of risk and there is always the possibility of loss, including the loss of all or of a substantial amount of your initial purchase price. Please seek professional advice before making any financial, investment or trading decisions.
- CANADIAN USERS: Crypto.com’s Main App is offered through Foris DAX, Inc. Foris DAX, Inc. has filed an application for registration as a restricted dealer in certain Canadian jurisdictions but has not yet obtained registration. Until such time as Foris DAX, Inc. obtains registration, Foris DAX, Inc. has agreed to abide by the terms of an undertaking available at the following link.
