PAINT Token Value Calculator
MurAll PAINT airdrop captured the attention of NFT creators and collectors back in 2020‑2021, but many still wonder how the distribution worked and what the token looks like today. Below you’ll find a step‑by‑step breakdown, from eligibility rules to the token’s deflationary design and its market performance as of 2025.
- Two eligibility groups: verified NFT artists and standard NFT holders.
- Allocations were 1,048,576 PAINT for artists and 193,537 PAINT for collectors.
- PAINT is an ERC‑20 token that burns whenever it’s used on the MurAll canvas.
- Peak valuation hit roughly $3,300 per artist allocation; today the price is under $0.00001.
- Future value hinges on platform adoption and broader NFT market trends.
What Is MurAll and the PAINT Token?
MurAll is a blockchain‑native, collaborative digital mural that measures 2048 × 1024 pixels (a total of 2,097,152 pixels). Anyone can draw on the canvas by spending PAINT tokens, which are permanently burned on use, making the token supply shrink over time.
The project launched in early 2020 on the Ethereum network, leveraging the ERC‑20 standard for its native currency. The maximum supply is capped at 22 billion PAINT, but because each draw consumes tokens, the circulating amount has steadily decreased.
Airdrop Structure: Who Got What and When?
The MurAll team designed a two‑tier airdrop to reward the community that helped shape the early NFT ecosystem.
- Tier 1 - Verified NFT Artists: Snapshot taken on 15 Nov 2020. Artists verified on major platforms such as Known Origin, Rarible, SuperRare and Async Art each received 1,048,576 PAINT.
- Tier 2 - NFT Holders: Snapshot on 18 Dec 2020. Any wallet holding ERC‑721 tokens with more incoming than outgoing transactions (a sign of genuine collecting) got 193,537 PAINT.
The claim window stayed open until 22 Jan 2022, giving recipients more than a year to retrieve their allocation.
Tokenomics and the Deflationary Model
PAINT operates as an ERC‑20 token with a built‑in burn mechanism. When a user spends PAINT to paint a pixel, the exact amount is sent to an irrecoverable address, effectively removing it from circulation.
Key numbers from the early days:
- Maximum supply: 22 billion PAINT.
- Circulating supply at peak airdrop: ~8 billion (≈36% of max).
- Burn rate depends entirely on canvas activity - low adoption means fewer burns and slower scarcity buildup.
In theory, continuous burns create scarcity pressure, which could support price appreciation for holders who keep their tokens unused. In practice, the MurAll canvas sees modest daily activity, so the deflationary effect is modest.
Market Performance: From Peaks to 2025
During the airdrop claim period, PAINT’s market price hovered around $0.002‑$0.003, making a full artist allocation worth roughly $2,100‑$3,300. Collectors with the smaller bundle saw values near $400.
Fast‑forward to October 2025: data from holder.io shows PAINT trading at about $0.0000067 per token, a market cap of $77,600 and a 24‑hour volume of $10.3, exclusively on the Uniswap V2 PAINT/WETH pair.
With 11.57 billion tokens in circulation, roughly 47% of the original supply has been burned. The token’s dominance is a negligible 0.0000019% of the crypto market, underscoring its niche status.
Claiming Process and Technical Hurdles
To claim the airdrop, users connected a MetaMask wallet to the MurAll website, entered their address, and verified eligibility against the snapshot data. The interface displayed the exact amount due, and a single click transferred the PAINT to the user’s wallet.
High‑traffic spikes caused temporary “submission timeout” errors, and some members reported gas‑price spikes that made the claim transaction expensive. Because the claim period extended for over a year, most who faced issues could retry later without losing their allocation.
Community Reception and Fairness Debate
Artists who qualified for the top tier voiced strong enthusiasm-receiving a multi‑thousand‑dollar allocation felt like a vote of confidence in their work. However, the narrow eligibility criteria sparked criticism. Creators using platforms outside Known Origin, Rarible, SuperRare, or Async Art were automatically excluded, prompting heated discussions about inclusivity.
Collectors with smaller allocations appreciated the free tokens but were also frustrated by the modest price appreciation after the hype faded. The overall sentiment settled into a pragmatic view: the airdrop succeeded in rewarding early adopters but did not dramatically accelerate platform usage.
Future Outlook: Will MurAll Revive?
MurAll’s core concept-an immutable, collaborative mural-still holds artistic appeal. Potential growth paths include:
- Integration with emerging metaverse platforms that need shared, on‑chain art spaces.
- Partnerships with NFT marketplaces to broaden artist eligibility.
- Gamification layers (e.g., rewards for frequent contributors) to boost daily burn rates.
Without renewed community interest or strategic alliances, the low trading volume suggests PAINT will remain a low‑liquidity token. Investors should weigh the deflationary tokenomics against the platform’s actual usage data before committing.
Quick Takeaway Checklist
- Two airdrop tiers: artists (1,048,576 PAINT) and collectors (193,537 PAINT).
- Eligibility based on snapshots of verified NFT platforms and genuine collection activity.
- PAINT burns each time it’s used for drawing, creating a built‑in scarcity model.
- Peak price ~ $0.003; current price ~ $0.0000067 (Oct 2025).
- Future value depends on platform adoption, not just tokenomics.
Frequently Asked Questions
What wallets can I use to claim the MurAll PAINT airdrop?
The airdrop required an Ethereum‑compatible wallet, with MetaMask being the most commonly used. Any wallet that can interact with ERC‑20 tokens on the Ethereum mainnet (e.g., Trust Wallet, Rainbow) works as long as you can connect it to the MurAll claim portal.
Do I still receive PAINT tokens if I missed the original claim deadline?
No. The claim window closed on 22 January 2022. Tokens that were not claimed were burned by the protocol, so missed participants cannot retrieve any allocation now.
How does the burn mechanism affect PAINT’s price?
Every time PAINT is spent to paint a pixel, that amount is sent to an unrecoverable address, reducing total supply. In theory, a shrinking supply can increase scarcity and support price, but only if demand (canvas activity) grows. With low daily usage, the price impact has been modest.
Can I trade PAINT tokens on centralized exchanges?
PAINT is listed almost exclusively on decentralized platforms, mainly the PAINT/WETH pair on Uniswap V2. No major centralized exchange currently lists the token, which contributes to its low liquidity.
What happens to my artwork after I draw on the MurAll canvas?
When you draw, the protocol mints a unique NFT that records your contribution. The NFT can be kept, displayed, or sold independently, even if later users paint over your pixel on the shared mural.
Alex Horville
October 25, 2025 AT 09:05The MurAll PAINT airdrop is a perfect case study of how American ingenuity can turn niche art projects into tokenized ecosystems.
When the snapshot hit the blockchain, the US‑based developers leveraged the ERC‑20 standard to create a token that literally burns itself on use.
That deflationary mechanic mirrors the supply‑control policies we see in strong economies, not the reckless printing of fiat dollars.
Artists who received over a million PAINT tokens essentially got a grant from a home‑grown digital patronage system.
The allocation numbers-1,048,576 for creators and 193,537 for collectors-show a clear hierarchy that rewards productive contribution.
By demanding that only verified creators on major platforms qualify, the team filtered out noise and ensured quality.
The burn rate, while modest today, will accelerate if the community embraces the canvas as a live‑streamed exhibition space.
Imagine a future where major US galleries host joint on‑chain murals and each brushstroke costs PAINT, shrinking the supply dramatically.
Such a scenario would drive scarcity, push the token price upward, and give early US participants a first‑mover advantage.
The current price of $0.0000067 may look puny, but remember that Bitcoin once traded for a few cents before exploding.
If the platform integrates with metaverse projects backed by American tech giants, the utility of PAINT could skyrocket.
Moreover, the limited liquidity on centralized exchanges keeps the token under the radar, which is exactly how grassroots movements thrive.
Investors who understand the geopolitical tilt toward home‑grown crypto solutions will recognize this as a long‑term play.
The US regulatory environment, while strict, also provides clarity that foreign jurisdictions often lack.
In short, the MurAll PAINT airdrop is not just a nostalgic NFT giveaway; it’s a blueprint for American‑centric tokenomics that could reshape digital art funding.
Shruti rana Rana
October 27, 2025 AT 16:38From a cultural standpoint, the MurAll initiative showcases how collective creativity can be encoded on a public ledger.
It is fascinating to observe how artists from disparate regions converge on a single digital mural, each contributing a brushstroke that is forever recorded.
The burn‑mechanism adds a poetic layer, symbolically erasing the very medium that enables expression.
Such a model reflects a balance between creation and sacrifice, resonating deeply with artistic traditions worldwide 🌐.
Ultimately, the project invites us to contemplate the intersection of heritage, technology, and communal ownership 🎨.
Stephanie Alya
October 30, 2025 AT 00:12Oh sure, spend a few PAINT tokens to color a pixel and watch the supply shrink – because that’s totally how you get a crypto boom 😏.
In reality, the burn rate is so low it’s almost a joke, but at least the math checks out.
If you love watching numbers go down, you’ll love this token.
Manish Gupta
November 1, 2025 AT 07:45I dug into the claim process and the biggest hiccup was the gas surge during the snapshot window :) .
Most users who hit the timeout simply refreshed and tried again, so the losses were minimal.
The UI now shows a clear error code, which helps troubleshoot faster.
Gabrielle Loeser
November 3, 2025 AT 15:18For newcomers, it’s useful to remember that PAINT can only be spent on the MurAll canvas – there’s no staking or farming involved.
This simplicity keeps the token’s purpose focused and reduces the learning curve.
If you’re interested in gaining exposure, consider contributing to high‑traffic sections of the mural; that’s where the burn activity is most concentrated.
Remember to keep a small reserve for gas fees when you claim.
Cyndy Mcquiston
November 5, 2025 AT 22:52America leads the way in crypto innovation.
Abby Gonzales Hoffman
November 8, 2025 AT 06:25The burn mechanic is a clever way to align token scarcity with actual usage.
If the community ramps up daily draws, the supply will shrink faster and price pressure could increase.
For those holding large allocations, consider holding back a portion to benefit from future burns.
Also, keep an eye on upcoming partnerships – they could drive new traffic to the canvas.
Overall, the token’s future hinges on real engagement, not just hype.
Rampraveen Rani
November 10, 2025 AT 13:58🚀 The more you paint, the more you burn – that’s the power move! 🌟
ashish ramani
November 12, 2025 AT 21:32The claim portal required a MetaMask connection, and the transaction receipts clearly indicated whether the claim succeeded.
If the receipt shows a status of 0, the claim failed and you can retry without penalty.
It’s important to verify the nonce to avoid duplicate submissions.
Overall, the process is transparent and repeatable.
Natasha Nelson
November 15, 2025 AT 05:05Okay, listen up!!! The PAINT token’s price is tiny, but that doesn’t mean it’s worthless!!!
Every time someone draws, a little piece vanishes forever, which means the total supply is constantly shrinking!!!
If the community decides to use the canvas more aggressively, the burn rate will sky‑rocket!!!
So, keep an eye on activity spikes, because they could be the catalyst for a price rally!!!
Richard Williams
November 17, 2025 AT 12:38Think of PAINT like a gym membership for artists – you have to use it to stay fit.
If you’re sitting on a huge allocation and never draw, you’re missing out on the deflation benefit.
Start small, contribute regularly, and watch the supply dip gradually.
Consistency beats occasional big bursts every time.
Prabhleen Bhatti
November 19, 2025 AT 20:12When analyzing the MurAll PAINT tokenomics from a systemic viewpoint, one must first contextualize the burn function within the broader framework of supply‑demand dynamics in decentralized finance.
The token’s ERC‑20 implementation ensures compatibility with existing liquidity pools, thereby facilitating seamless integration into automated market makers (AMMs).
Moreover, the hyper‑granular nature of pixel‑level transactions introduces a novel use‑case for micro‑burn events, which cumulatively contribute to a measurable contraction of the circulating supply.
From a macro‑economic perspective, this contraction effect can be likened to a negative inflation rate, albeit one that is contingent upon user engagement metrics such as daily active addresses (DAA) and transaction throughput (TPS).
Empirical data from Q3‑2024 indicates a 0.12% weekly decrement in total supply, correlating positively with a 3.4% uptick in average daily burn volume.
Such statistical relationships suggest a non‑linear elasticity between canvas activity and token scarcity, a phenomenon warranting further econometric modeling.
Strategically, stakeholders should prioritize onboarding of high‑frequency digital artists, whose prolific output can catalyze rapid burn cycles.
In tandem, the platform could incentivize participation through tiered reward structures, perhaps leveraging secondary NFT drops that embed provenance metadata tied to PAINT burn milestones.
These incentives would not only augment the utility of PAINT but also foster a virtuous feedback loop where elevated activity precipitates heightened scarcity, thereby potentially appreciating token value.
Furthermore, cross‑protocol interoperability-such as bridging PAINT to layer‑2 solutions like Optimism or Arbitrum-could alleviate gas cost constraints, making micro‑transactions economically viable for a broader user base.
In a hypothetical scenario where MurAll integrates with a metaverse framework, the token could serve as a gateway currency for on‑chain virtual real estate, amplifying demand beyond the canvas itself.
Nevertheless, risk factors remain, notably the prevailing low liquidity on centralized exchanges, which may impede large‑scale price discovery.
Mitigation strategies might involve listing PAINT on reputable CEX platforms under strict compliance regimes, thereby enhancing market depth.
Lastly, community governance mechanisms could be introduced, granting token holders voting rights on protocol upgrades, fostering a sense of ownership and long‑term commitment.
In summary, while the current market cap of PAINT appears modest, the confluence of deflationary economics, potential cross‑chain integrations, and strategic community incentives presents a compelling case for sustained value accrual.