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NFT Giveaway (ERC721)

What are ERC721 NFTs?​

ERC721 NFTs (Non-Fungible Tokens) are unique digital assets on the Ethereum blockchain. Each token has distinct properties and cannot be exchanged on a one-to-one basis like fungible tokens. Companies can create these NFTs to represent unique digital items, artworks, or privileges, and distribute them to campaign participants as rewards.

When to use ERC721 NFTs?​

Use ERC721 NFTs when you want to:

  • Reward participants with unique, collectible digital items.
  • Distribute digital art or content ownership.
  • Provide exclusive access or privileges through token ownership.

How to create ERC721 NFT reward?​

  1. In the campaign creation process, navigate to the 'Rewards' section and select "NFT Giveaway (ERC721)" as your reward type. Then, choose between AirToken and AirPool. Creating a ERC721 NFT Giveaway

  2. Then, fill in the details about the reward. You need to fill the following details:

    • Select the AirPool you want to use for the reward. You can use an existing one, or create a new one by clicking on the Create New Pool button. Click here to learn how to create a new ERC721 AirToken or AirPool.
    • Total amount: Enter the total number of NFTs you're allocating for this campaign.
    • Winner selection strategy: Select how you want winners to be chosen. Click here to learn more about the types of winner selection strategy. Note: Based on your chosen winner selection strategy, you may be presented with additional options. Configure these as needed.

    ERC721 Token Creation

  3. Click Create Giveaway button to finalize the ERC20 token reward setup.

Winner Selection Strategies​

  1. FCFS: In this, you can set conditions based on the amount of fuel secured or the number of tasks completed (e.g., “Number of Tasks > X”).
  2. Task FCFS: In this, AirLyft allows users to instantly claim rewards from your campaign upon successful completion of designated tasks.
  3. Manual selection at the end of the campaign: If you select this then you will have the option to manually select winners from the participants after the campaign ends.
  4. Ranked Random Raffle at the end of the campaign: In this, AirLyft will automatically select winners in a random way (but selecting those with higher points first). For more details on how Ranked Random Raffle work read this page.