Airdrops allow crypto enthusiasts to earn free tokens without spending or investing any money. They have become a popular outreach strategy used by blockchain projects. The core objective of an airdrop is to distribute free/complimentary tokens to the members of their community. Airdrops serve different purposes. Some of these include: recognizing early adopters, increasing the outreach of the blockchain project, and creating enthusiasm for investors and traders. In this blog, we will explore ten notable crypto airdrops and will offer a brief overview of the characteristics of these Airdrops. Please note that this list is based on internal research and is not to be taken as investment advice. Investors are advised to make decisions based on their thorough due diligence.
Purpose of a Crypto Airdrop
A Crypto Airdrop serves as a promotional strategy crafted to provide complimentary tokens to a designated and devoted user base. The objective of an airdrop can vary based on the project’s objectives. Some airdrops are intended to acknowledge early adopters of a project, while others seek to encourage specific user actions, such as registering for a service or following a social media page. To take part in an airdrop, individuals must fulfil project-specific requirements, which may involve owning a certain amount of crypto or meeting other criteria outlined by the project. Once these criteria are satisfied, participants will receive tokens in their wallets, giving them the option to trade or retain them as they see fit.
A Snapshot of 10 Notable Crypto Airdrops
|BAT token rewards based on online activity
|Users should have the Brave Browser
|Completing various quests
|5 ML tokens
|Refer a friend
|Open Meta trade
|Exclusive medals giveaway
|Completing a few specific tasks
|Joining the Alpha testnet
|Lucky winners to get $100 worth BAS tokens+NFTs
|Following social media channels and retweeting
|New users who deposit $50 in the DefiChain account and register
|TAMA token rewards
|Participate in the Tamadoge game
|Submit a wallet address and follow social media channels
|$100,000 rewards distributed amongst 10,000 winners on a FCFS basis
|Filling the airdrop form and performing tasks on social media
Basic Attention Token (BAT)
Basic Attention Token (BAT) is a crypto created specifically for the digital advertising industry, to deliver a focused audience to advertisers, compensating publishers for their content, and granting rewards to users for their engagement. Users of BAT are entitled to 70% of the advertising revenue generated.
To acquire BAT tokens at no cost, individuals can install the Brave browser, activate Brave Ads, and enable the notification feature. Once a month, users can claim token grants ranging from 25 to 40 BAT.
Read more: What Is Basic Attention Token
Telos is a high-performance blockchain built on Antelope that supports Ethereum decentralised applications (dApps) for DeFi services and products. One of its main advantages is that it offers low gas fees and fast block generation. By completing various quests, users can earn TLOS tokens, the governance token of Telos, which are deposited to their crypto wallet.
Mintlayer is a layer 2 blockchain that leverages Bitcoin’s security for financial solutions, NFTs, and more. It boasts of some key features like support for taxation and investment payouts. They are running an exclusive airdrop where participants can receive 5 ML tokens by referring a friend.
Open Meta Trade
Open Meta Trade is a decentralised exchange (DEX) that allows the trading of NFTs. It offers a user-friendly interface with aggregated price data to reduce risks. In celebration of Thanksgiving, Open Meta Trade is giving exclusive medals to participants.
OP Names is a Web3 service that allows users to control their digital identity easily. Although they are still in the early stages of development, they promise a bright future. The platform is offering free NFTs to users who join their Alpha Testnet, follow them on Twitter, and switch to the Polygon network, providing an opportunity to own unique digital assets.
Dracoo World is a deck-building adventure game where players can create and customise their own Dracco team. They are running a special promotion, rewarding eligible participants with $100 worth of BAS tokens and 5 exclusive NFTs. Users can participate by following the Dracoo World team’s social media channels.
DeFiChain is a blockchain platform built on top of the Bitcoin network, specifically designed for decentralised finance (DeFi) applications. They are partnering with Cake DeFi to give $30 to new users who deposit $50 and complete the verification process, along with additional referral rewards.
Tamadoge is a play-to-earn (P2E) platform that features Tamadoge pets, virtual dog-like characters created as NFTs. Players can buy, sell, and trade Tamadoge pets using TAMA tokens. Tamadoge hosts various group events where players can use their virtual pets to compete and win TAMA rewards.
The platform also offers giveaways and competitions for users. Tamadoge has seen significant price growth for TAMA tokens, and they have exciting plans for the future, including the release of more Arcade games and an augmented reality app.
Read more: Play to Earn vs Play to Own
Human Divergence is an NFT-powered metaverse project that allows users to join different factions and explore unique worlds. By submitting their Polygon wallet address and following the game’s social media channel on Twitter, interested users can receive exclusive NFT airdrops.
HexHash is a Web3 infrastructure company focused on enhancing credential data networks. They are running an exclusive $100,000 promotion, aiming to distribute 1 million HEXH tokens among participants. Users can participate by filling out the airdrop form and completing the social tasks listed.
Participating in airdrops presents a distinct opportunity for crypto enthusiasts to acquire tokens as a recognition of their loyalty. These airdrops present various prospects for users to become part of a fervent community of early adopters. It is essential to emphasise that the provided list is the result of our internal research and should not be construed as investment advice. It is imperative to perform comprehensive due diligence to validate the authenticity of a project before considering any investments. Likewise, staying informed about developments in the crypto space is vital. ZebPay blogs serve as a great source of knowledge for all things crypto-related. Click the button below and become part of the millions trading on ZebPay.