$100k in 27 Raffles, 105k Users Onboarded
Peanut Protocol ran a red packets campaign in coordination with Mantle. Red packets are an Asian tradition of making monetary gifts, often in the form a raffle, to family and friends.
The main goal of the campaign was to onboard new users onto mantle and showcase the rich ecosystem on Mantle.
The total value distributed was $100k in various tokens on Mantle. Since the raffles were public, it was important to prevent botting. To that end, cutting-edge multi-factor authentication, IP detection and Captcha were implemented.
Key Metrics
The following list are some key metrics captured throughout the red packets campaign:
- 26 ecosystem partner projects participated
- 280k claims
- 102k unique wallet addresses
- $190M $MNT market cap increase, 8.5% MNT/ETH
- 44k unique wallet addresses participated in at least two raffles
- low botting activity
- 14% of MNT tokens were consolidated after the campaign, which indicates farming
For Developer wanting to get started immediately, check out Raffle (Legacy)