How do you distribute tokens to 500k+ stakeholders, while managing:
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> Multiple Investors
> Complex Unlock Schedules
> Multiple Networks
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@ParamLaboratory pulled it off with Magna.
Here's how 👇
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📋 The Situation:
Param Labs, a Web3 gaming ecosystem with a community of 1M+, needed to distribute tokens to a vast and diverse group
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🤔 Challenges:
• Flexible claimant updates up to 24 hours before distribution
• 12-month vesting for 50k out of 500k+ recipients with a 30-day initial claim window
• Complex unlock schedules for multiple investors
• Support for claims on Arbitrum One
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💡 Magna’s Solution:
• Custom claim portal for seamless distribution
• Scalable and responsive infrastructure scaling to handle increased load and minimize disruptions
• White-glove onboarding ensuring accurate data integration
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🙌 Execution & Impact:
• Rapid infrastructure expansion and 24/7 support during launch
• Successful distribution to hundreds of thousands of stakeholders
• Magna’s adaptable infrastructure ensured a smooth claim process despite tight deadlines
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Checkout the full case study below; link in the first comment 👇