Odaily Planet Daily reports that RaveDAO officially issued a statement today to clarify the airdrop distribution rules and time window for Genesis founding members and community members participating in RaveDAO activities during 2024–2025. This airdrop aims to reward users who have made genuine contributions to the ecosystem through on-chain interactions, physical event sign-ins, and community building before the issuance of RaveDAO tokens. All airdrops will be distributed gradually after the token release (TGE) on December 12. RaveDAO Genesis founding members are the first recipients of the airdrop. Users need to check their points by going to PLVR (RaveDAO official ticketing platform) → My Membership → RaveDAO → My Points, and complete the process on the desktop.

RaveDAO announces that all its membership passes have been sold out, aiming to build a Web3-based global entertainment and IP ecosystem. A Genesis rewards draw will be held, and the winners will be announced after the TGE, with rewards to be distributed within two weeks. Information about the project Token RAVE has not yet been disclosed.

Gate News bot message, Gate market shows that since the launch of Alpha, RAVE has risen 3832.08%, current price 0.0028403 USDT.

Gate News bot news, Gate market shows that after the launch of Alpha, RAVE has risen 2118.32%, current price 0.0016013 USDT.

Gate News bot message, Gate market shows that after the launch of Alpha, RAVE has risen 1202.22%, current price 0.0009406 USDT.

Gate News bot message, Gate market shows that RAVE has risen by 1117.74% since the launch of Alpha, current price 0.0008796 USDT.

Odaily Planet Daily News RAVE posted on X platform, indicating that the testnet has officially launched. Users can enter the RAVE Discord through the official link, where Discord members can receive free test coins and gas Token.

Golden Finance reported that according to official sources, the Rave test network, built on the Interwoven Stack based on Initia, has officially launched. The project, supported by Arthur Hayes's Maelstrom Fund, introduces quantitative contracts on-chain for the first time, allowing users to trade with any Collateral. Rave officials stated that users can get free test tokens and fuel tokens by joining the Discord community, and start experiencing Rave's trading functionality on the testnet immediately.