Previously, when doing research for airdrops, everyone looked at the level of financing anyway. High market cap VC coins were given to retail investors after the TGE, and airdrop recipients enjoyed a wave of comfort.

Now, VC coins are suddenly not being bought, the crypto industry is gradually distinguishing the real from the fake, and insiders are examining projects' real income like they would for listed companies.

If the airdrop project you participated in has no real income, then you are the one being taken advantage of.

Today I want to share the project I saw while completing tasks on @Galxe, let's study it together.

🍀 Project Background

@DabbaNetwork was established in India in 2023 and is a Wi-Fi hotspot project built on the Solana blockchain.

Not bad, this is an Indian project. I looked at a set of data; India is the world's most populous country with 1.451 billion people.

The internet penetration rate in this area is only 53%, meaning 680 million people have never accessed the internet. The network only covers 10% of rural areas, and the demand for internet access is extremely high. It's a blue ocean~~

Dabba Network has deployed thousands of hotspots across India, aiming to provide users with ultra-fast and ultra-cheap internet services.

🔸 Real demand + real profit, quite interesting.

🚀 Funding Situation

According to Messari's investment research report from March this year, Dabba disclosed it received $5 million in funding.

Investors: Y Combinator (seed round), Multicoin Capital, Borderless Capital, Generation Ventures, and several angel investors.

Source of information: https://messari.io/report/understanding-dabba-a-comprehensive-overview


🌈 Founding Team

CEO, Karam Lakshman

COO, Shubhendu Sharma

The report shows they started testing public Wi-Fi in Bangalore, India in 2016. It wasn't a spur-of-the-moment startup; there was background preparation.

🪂 Airdrop Interaction

The project team allocated 5 million tokens on the @Galxe task platform, and there will be a lottery of $1,000 each week. It's suitable for zero-cost participation in airdrops. I'll share it, and anyone interested can give it a try by checking in daily.

Log in to the Galaxy official website

https://app.galxe.com/quest/dabbanetwork/GCTcitfb4V

First, one needs to meet the anti-witch conditions, generally, holding a Galaxy passport in your wallet is sufficient.

Secondly, there are daily social tasks, you can earn 30 points each day by liking, sharing, or clicking on documents.

✅ Summary

I checked the official website, and the project team announced that Dabba's native token $DBT will officially launch on Bonk.live: http://bonk.live/

Users on the Indian side recharge with money to purchase Wi-Fi data, which synchronizes on-chain to buy back and burn Dabba tokens. Sounds pretty appealing, hoping for a price surge, so our airdrop will be worth more.

The airdrop interaction tasks are very simple, everyone can enjoy a quick and easy airdrop, it's comfortable.

Remember, we are here to take advantage, don't buy into the secondary market, and don't gamble.

Wishing everyone wealth.