🪙Cookiedrop Competition

Cookiedrop Competition

We are excited to announce the Cookiedrop Competition, an epic competition that will take our $COOK Airdrop to a whole new level! With a mix of Community Teams and Individual Competitors, this competition will reward those that trusted us in the beginning and the most active and engaged members of our community.

Here’s everything you need to know to participate!

Airdrop Details

When the Tokenomics were announced, 5% of the total $COOK tokens were allocated to the Cookdrop. If you booked your seat, that allocation is secured. Today, an additional 7% has been revealed, bringing the total to 12% of tokens designated for the Airdrop. The distribution will be as follows:

  • 5%: Cookdrop

  • 7%: Cookiedrop Competition

How the Competition Works

Points: Discover The Cookies! Every $OSMO or $INJ spent will earn cookies, which accumulate based on trading activity on start.cooking. More trading activity results in more cookies earned. Activity since the official launch of start.cooking will be considered valid for scoring, rewarding early users.

Individual Competition Individual points will determine eligibility for a part of the Cookiedrop. Progress can be monitored as cookies are accumulated through trading. Each swap (buy and sell) on start.cooking earns cookies, contributing to both the individual's count and any associated Community Teams.

Team Competition: Community Teams Participants are divided into Community Teams based on specific criteria. These teams have already been created and subscriptions are closed:

  • Terra Communities: Includes stakers from Galactic Punks, Skeletron Punks, Galactic Mining, and Roar.

  • Osmo Stakers: Includes $OSMO stakers.

  • Atom Stakers: Includes $ATOM stakers.

  • Stride: Includes stAtom and stOsmo holders on Stride and Agoric.

  • Mad Scientists: Includes all Mad Scientist holders, with a snapshot taken on April 20, 2024.

  • Bakers: For those who didn’t book a seat for the Cookdrop or were not Mad Scientist holders.

With the launch on Injective, new teams are welcomed. To join, visit start.cooking between 1 p.m. GMT on July 29, 2024, and 1 p.m. GMT on August 1, 2024, and pick your favorite team:

  • Ninja Blaze: An ancient ninja clan skilled in various games on the Injective blockchain.

  • Sushi Fighter: Built by Dojoswap, the #1 CW404 NFT project on Injective.

  • Injective: Ronins together strong.

This dual reward system ensures recognition for both active communities and individuals, with different parts of the drop allocated to each competition. If multiple seats were reserved in the Cookdrop, participants will receive spots in multiple groups in the Cookiedrop, allowing participation in each one. Points will be distributed across all teams a participant belongs to, giving active traders significant involvement in both the Community and Individual competitions, and a larger allocation of $COOK.

Live Leaderboards

During the competition, two Live Leaderboards will be available on the website:

  • One for the 9 Community Teams

  • One for the Individuals

These leaderboards allow monitoring of progress and team performance in real-time, and provide an overview of the competition. The individual leaderboard will also show which community each trader belongs to.

Cookiedrop Distribution

At the end of the competition, the Cookiedrop will be distributed according to accumulated points. The exact split of the 7% allocation between Community Teams and Individual participants has not been disclosed yet. The distribution will be as follows:

  • Team Points: Part of the 7% Cookiedrop allocation will be distributed proportionally among Community Team members, with stronger teams receiving more and weaker teams receiving less. All members will receive a share.

  • Individual Points: Another part of the 7% Cookiedrop allocation will be distributed individually based on final leaderboard rankings.

How to Participate

1. Go to start.cooking

2. Start Swapping: The more transactions you make, the more cookies you accumulate.

3. Follow the Live Leaderboards on our website to see your and your team’s progress.

4. Get your slice of $COOK!

Summary

The CookieDrop Competition Leaderboard is live on the website. Make sure to participate.

Remember that even if the leaderboards were not live, start.cooking was monitoring your activity and all the trades that you already did are accounted for in the Leaderboards!

Join Us! The Cookiedrop Competition is a unique opportunity to showcase your trading skills and commitment to the start.cooking community. Get ready to participate to get your slice of $COOK!

Follow us on Twitter and join our Telegram for continuous updates:

- Telegram: t.me/startcooking

- Twitter: https://twitter.com/start_cooking

The organizers reserve the right to make changes to the rules, format, or other aspects of the competition as needed. These changes are intended to ensure that all participants receive their fair share and that the competition runs smoothly and fairly.

Frequently Asked Questions

1. Who can participate in the CookieDrop Competition?

All community members can participate in the Cookiedrop Competition. Those who had previously pre-registered will be part of all the Community Teams with which they registered with. The Mad Scientist will get a group on their own, and all Mad Scientist holder will get a spot, snapshot has been taken on the 20th of April, 2024. The 3 Injective comunities will have a chance to enter their teams from 1 p.m. GMT on July 29, 2024, and 1 p.m. GMT on August 1, 2024.Everybody else will be a part of the group “The Bakers”, and as all the others of the individual leaderboard.

Below are the already announced eligibility criteria for the CookDrop as of the snapshot on Apr 12:

2. How are the points calculated?

Team points are calculated based on the individual points accumulated through trading volume. You will earn points for all of your Community Teams (if you are part of more than one) as well as for yourself. Remember that trading activities carried out before the announcement of the competition also count. All activities performed since the beginning of start.cooking on the 2nd of May 2024 count.

3. When will the Airdrop be distributed?

The Airdrops of $COOK will be distributed at the end of the Cookiedrop competition; this is valid for both the Cookdrop and for the Cookiedrop and is going to be september 1st, read more on Istructions.

Participate in the CookieDrop Competition and earn those cookies to become the best chef in the memecoin world! 🌟🍳🔥

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