About Airdrop
What Is 42?
42 represents the evolution of Alkimiya, the pioneering DeFi protocol that first disrupted fixed-rate markets in 2022. Rebranded in late 2025, 42 shifts focus to prediction markets, a high-stakes arena where users bet on real-world outcomes like elections, sports, economic indicators, and crypto price milestones. Imagine wagering on “Will BTC hit $100K by Dec 31?” or “Who wins the 2026 World Cup?” with on-chain settlement, no oracles needed, and yields that adapt to market sentiment. This isn’t gambling; it’s decentralized intelligence, where collective bets forecast the future more accurately than polls or analysts.
Founded by ex-Goldman Sachs quants and blockchain natives, Alkimiya (now 42) raised $7M from heavyweights like Pantera Capital and Framework Ventures. The original platform specialized in interest rate swaps and fixed-yield products on Ethereum, processing millions in volume. However, the rebrand to 42 signals a bold pivot: leveraging the same automated market maker (AMM) tech for dynamic prediction pools. Users deposit collateral (e.g., USDC) into outcome shares, buy “Yes” if bullish, “No” if bearish. As events unfold, shares redeem at $1 or $0, with liquidity providers earning fees on every trade. Therefore, 42 isn’t just a market; it’s a truth machine, crowdsourcing probabilities with skin in the game.
42’s Core Innovations in DeFi Prediction
- Oracle-Free Settlement: Uses Chainlink for event data, but AMM auto-adjusts prices based on liquidity— no single point of failure.
- Dynamic Yields: Fixed and floating rate pools let you lock in bets or speculate on volatility.
- Cross-Chain Support: Starts on Ethereum L2s like Arbitrum, expanding to Solana for speed.
- Social Layers: Integrate X (Twitter) for sentiment feeds, turning tweets into trade signals.
- Risk Management: Built-in hedging tools, like options on predictions, for pros.
The Beta Access Waitlist
This program fits 42’s ethos of curiosity-driven discovery. Unlike open betas, the portal adds mystique, turning signup into an event. With prediction markets exploding, $10B+ wagered on U.S. elections alone, l42 positions as the DeFi leader. Beta spots are limited; early access means influencing features like mobile trading or AI-assisted bets. Moreover, linking X unlocks sentiment analytics, blending social data with on-chain action. Over 10,000 already on the waitlist. Use the portal to step through. Input your details, join Discord, and watch access unlock. In a sea of copycat markets, 42 builds the future of foresight. Claim your spot; the universe awaits.
Follow our complete and simple step-by-step guide to participate!
Step-by-step guide
1. Sign-Up Process: Enter the Portal
- Visit https://www.42.space/.
- In the portal prompt, enter any code (e.g., “Deep Thought” or random string).
- Input your Ethereum-compatible wallet address.
- Add your X (Twitter) username for social verification.
- Submit, the system queues you instantly.
2. Tasks to Complete: Verify and Engage for Faster Access
- Periodic Checks: Return to the site and click “Verify my Beta entry.” It scans your queue status.
- Join Discord Events: Head to the linked Discord (from site footer). Participate in AMAs, quizzes, or challenges.
- Social Proof: Follow @42_space on X; retweet announcements for bonus signals.
- Community Tasks: Complete event missions like “Predict ETH price” for priority boosts.
- Monitor Email: Invites arrive via linked wallet notifications.
3. Earning Rewards
- Beta access unlocks test trading and feedback bounties ($42 tokens).
- Early users qualify for mainnet airdrop (est. 5-10% supply).
- Discord event winners get instant invites + swag.
