Preface
Recently, adverse events for investors have frequently occurred in the cryptocurrency market, whether it be multiple stablecoin collapses, Terminal, Ethena rewards falling short of expectations, or major cryptocurrencies plummeting. This inevitably leads investors to ponder whether the short-term market can remain optimistic.
In such a bleak market, participatory finance has become a safe haven for low-risk investors. TaskOn not only allows investors to participate and learn about the cryptocurrency space at zero cost, but also offers real monetary rewards for users to earn.
TaskOn Introduction
TaskOn is one of the leaders in participatory financialization, primarily serving as a bridge between project parties and users, guiding users to fulfill the requirements of project parties, thereby earning rewards.
Most tasks on the platform can be completed without professional skills, such as following X, joining Discord and Telegram channels, while some tasks will require user interaction. Most tasks can be completed in a short amount of time.
As of the writing of this article, TaskOn has accumulated over 8 million users and distributed over 3.9 million USD in rewards, and these are only USDT and USDC rewards. If the airdrop shares are included, it amounts to hundreds of millions of dollars.
TaskOn Preparation
Users need to prepare a Web3 wallet in advance before registration, whether it is MetaMask, OKX Wallet, or any wallet.
After successful registration, it is recommended to prioritize binding social media accounts like X, Discord, and Telegram, as it will be more convenient for future task validation and effectively increase the account's real user score, which will help unlock more tasks.
TaskOn Asset Introduction
In TaskOn, completing tasks usually rewards users with TaskOn assets (EXP, GEM) and assets provided by project parties (USDT, USDC, NFT whitelist), etc. EXP and GEM are assets that users can earn by maintaining long-term activity, and their functions are as follows:
EXP: Free lucky draw tickets can be claimed upon reaching milestones, effectively increasing the chance of winning, and there is also a chance to exchange EXP for project NFT whitelists.
GEM: Can be directly exchanged for withdrawable USDT for guaranteed earnings. Upgrading GEM levels also helps users participate in more activities.
Moreover, if referring to the rules of the task platform Galxe in distributing platform currency $G, the author believes that TaskOn is also likely to issue tokens in the future, and the basis for airdrops will reference EXP and GEM as active indicators.
TaskOn Core Gameplay
TaskOn has four main functions: Quest, Communities, ChainEarn, and Alpha. However, due to the limited number of tasks in ChainEarn and the long-term participation required for Alpha, this section will focus on the functions of Quest and Communities.
TaskOn Short-term Tasks - Quest
Most tasks in Quest are projects that earn EXP and US dollar stablecoin lottery opportunities. Many projects will offer hundreds to thousands of dollars in total prize pools to attract users to participate in social media tasks, while TaskOn will provide EXP to participants who complete tasks.
Taking the following image as an example, the project named Bobe Bakers Club only requires following two official X accounts and retweeting posts, and joining the project's TaskOn Community to participate in the lottery and earn 20 EXP points. The whole process can be completed in about 2 minutes.
TaskOn Long-term Interaction - Communities
Communities will display all participatable and unlaunched projects on TaskOn. TaskOn will also carefully select projects that are about to have TGE and have better financing for users who just joined.
Taking the Bobe Bakers Club in the Quest section as an example, this project is classified as a DeFi project. Users can click on the official TaskOn link to view it. If they are interested in the project, they can engage further to seek airdrop opportunities, which is also the way to earn long-term income on TaskOn.
In Communities, there are not only social tasks but also tasks related to the project that need to be completed. These tasks typically require some cost, but the benefit is higher points. For example, using the Swap function on the Bakers Club official website to convert 10USDT to BOBE can earn 700 airdrop points.
TaskOn Long-term Strategy
If you want to rely on TaskOn for long-term profits, it is essential to continuously maintain activity in Quest and Communities and rely on activities with generous rewards and long-term accumulated airdrop points to earn excess profits.
TaskOn Limited-time Events
During major holiday periods, TaskOn will launch limited-time large Quest events to attract users to participate. Such events will not only gather many project parties offering high rewards but also provide large amounts of EXP, and even exclusive TaskOn Points can be earned.
At the time of writing, TaskOn launched a Halloween-themed event - Halloween Party, with a total prize pool of up to 50,000 USD, making it a must-participate interaction event for users.
Communities Long-term Interaction Tips
New users of TaskOn can try to complete the Quest tasks as soon as they join. At this time, the account will accumulate a considerable amount of Communities interaction records, and then just need to confirm whether each project has daily sign-in tasks to quickly earn airdrop points. Detailed operation methods are as follows:
Accumulate a large number of project interaction records and confirm whether there are Daily Check-in tasks.
Quickly switch projects through Communities icons.
Spending 10 to 15 seconds to sign in for a single project.
Claim project airdrop points.
Thus, as long as the project settles and conducts TGE, there is an opportunity to obtain airdrop tokens, which can accumulate into a considerable income over time.
TaskOn Risk Warning
Although the above tasks only require a small amount of cost and time, there are still a few things to pay attention to when using TaskOn.
Multiple accounts have a higher cost
Since TaskOn requires binding multiple social platforms like X, Discord, and Telegram, managing multiple accounts can be cumbersome. Moreover, TaskOn strictly prohibits a single user from interacting with projects using multiple accounts, so extra caution is needed regarding IP and device isolation.
Interaction Risks
To maximize TaskOn profits, it is essential to regularly interact with project parties. Whether it is signing in, visiting websites, or completing designated tasks, there is a risk of accidentally clicking on phishing websites. Therefore, it is recommended that users create a dedicated Web3 wallet for interacting with TaskOn and deposit funds when necessary.
Time Cost
The biggest hidden cost of TaskOn is the time cost. If a lot of time and energy are spent on TaskOn but only one Quest worth 10USDT can be drawn in a month, it is not cost-effective. Therefore, it is recommended to engage with Communities for more effective long-term gains without relying on luck.
Conclusion
TaskOn cleverly combines the promotional needs of project parties with users' profits, allowing users to still have projects to engage in even in today's flat market, while also obtaining chances to win USDT. For users with certain experience, TaskOn can help filter projects that are likely to have TGE participation. If you believe that airdrop expectations are preparing for the future, consider joining TaskON early to start earning airdrop points!
This report is for informational sharing only and does not constitute any form of investment advice or decision basis. The data, analysis, and views quoted in the text are based on the author's research and public sources, and there may be uncertainties or changes at any time. Readers should make investment judgments cautiously based on their own situations and risk tolerance. For further guidance, it is recommended to seek professional consulting advice.
