Free money? In a way. Four crypto airdrop opportunities you might not want to miss

Free money?  In a way.  Four crypto airdrop opportunities you might not want to miss

There’s no such thing as a free lunch, right? Crypto airdrops aren’t free money, but they’re the closest you can get to collecting some potentially valuable tokens for not really doing much (guided by the right knowledge).

In light of the recent Aptos airdrop we’re kicking ourselves for not participating in, we thought it was about time we go over some of the most promising potential opportunities that have yet to materialize. (And if you need a refresher on what airdrops actually are, here it is.)

Before we round off our list, just a quick word about the Aptos (APT) drop, as it’s a reminder of how powerful crypto airdrops can be.

Never mind Apto’s blockchain’s much-publicized rocky entry into the market, if you had signed up for Apto’s testnet—a process that essentially just required you to fill out a form—you could have earned somewhere between $1,500 and $6,000. It is according to various Twitter based sources as the most excellent airdrop guru olimpio.eth.

Coin head have admittedly taken their eyes off the airdrop ball a bit lately. But we have given ourselves an uppercut and promise to regularly search for similar lucrative opportunities of an airdroppable nature in the future. Starting with the following:

Blur – NFT Marketplace

As another anonymous Twitter user “@0xExit” ponders below, “is airdrop back?” There certainly seems to be some buzz around this hypey crypto marketing and decentralized token distribution tactic at the moment.

Blur is near the top of that buzz. It’s another NFT marketplace, but it has pretty impressive support.

See also  Bitcoin slips below USD 23,000 in broad crypto price decline

It aims to be majority-owned by the community, but has also previously raised more than US$11 million in seed funding from VC firm Paradigm and well-known crypto angel investors, including Cosomo Medici (aka Snoop Dogg), Punk 6529Deeze and others.

The project (although not the BLUR token yet) launched last week with an airdrop of “care packages” that currently contain an undisclosed amount of BLUR tokens per package.

Anyone who has traded NFTs in the last six months may be eligible for the airdrop, which requires you to enter an NFT on the Blur market to complete the claim.

While you won’t be able to open the packs and access tokens until January, it’s best to get on this one soon, as there’s only approx. 9 days left to ensure release at the time of writing.

The @0xQuit Twitter account (above) provides a clear outline of how to claim, as does olimpio.eth. Be sure to go to officially website address: blur.io/airdrop.

Note that this Blur airdrop is the first of several rounds. The second drop, set for November, is rumored to be much larger than this one and will likely benefit NFT holders/traders who use Blur to list more or higher values ​​of NFTs to earn larger airdrop rewards .

zkSnync – layer 2 scaler

This likely drop has been in the speculative air for quite some time now. In fact, David Angliss of Apollo Capital first alerted us to it in early May of this year.

zkSync is a “layer 2” blockchain scaling technology that uses a different technology than the likes of Optimism and Arbitrum – ZK rollups, also known as zero-knowledge.

“ZK digests rely on mathematics to validate the digest,” Angliss explained, “whereas optimistic digests rely on observers of the layer 1 contracts to invalidate erroneous transactions.”

See also  China has $3.9 billion worth of Bitcoin despite anti-crypto stance

The result, Angliss told us, is that optimistic rollups are “slightly slower and more expensive” than zkSync.

Several airdrop watchers have noted that zkSync will launch a token with the ticker ZKS, and it may be set to hit the crypto market – perhaps either late this month or in November when the protocol launches its mainnet.

So how would you get the ZKS token potentially airdropped to your Ethereum wallet? As with most, if not all, of these types of capabilities, your best bet is to interact with the protocol however you can.

Hop on the testnet (make sure it’s the official site) and interact with the protocol’s decentralized applications there. You need an Ethereum wallet, such as MetaMask, with the correct RPC configuration – and this page can help you with the latter.

And for additional guidance and tips on the collaboration process, “Riddle” has a great, comprehensive Twitter thread on the matter:

Sui – hyped team 1

Like Aptos, SUI is another hyped newcomer to the smart contract blockchain scene. And like Aptos, it was founded by former Meta employees who aim to develop a highly scalable layer 1, proof-of-stake chain to compete with the likes of Ethereum, Solana, Polkadot, Avalanche et al.

There is no guarantee of being eligible for a potential SUI drop at this stage, as the project ended accepting new validators at the end of August. But the rumors say so maybe still be a chance if the project wants to start with additional market liquidity.

Here is what the Twitter account @defiyield_app think you should try:

Create a Sui Wallet: suiet.app/install

• Request Sui testnet tokens: sui.bluemove.net or discord.com/invite/sui

• Create Sui NFT on test net: sui-wallet-demo.sui.io

• Put a Sui name on the test network: sui-names.com

LayerZero

LayerZero is an “omnichain” interoperability protocol designed to connect multiple chains. That’s something Apollo Capital’s David Angliss highlighted briefly in his summary of the Astrolab DeFi return-pooling project, which leverages the so-far extremely secure LayerZero technology.

See also  Twitter secures October trial against Elon Musk

The protocol has major backers, with USD 135 million raised from FTX, Coinbase, PayPal (apparently their first Web3 investment), a16z and Sequoia Capital.

The potential ZRO token airdrop is again, covered well by various airdrop watchers, including Miles Deutscher.

The token isn’t in circulation yet, but as Deutscher notes, “we know it exists because it’s visible on their information code“.

The Airdrop Hunter’s strategy isn’t super easy, but might be worth doing as much of it as you have time for.

It involves the DAO vote for Stargate Finance; with the help of various others crypto projects that build on LayerZero; User Aptos bridge; and user USDC X LayerZero bridge.

Additional possibilities

These four potential cases are the most promising we see, but the Twitter accounts we’ve mentioned above are all extremely well-informed and have their ears constantly to the ground.

Among many other airdrops that may be worth looking into, the following also stand out:

ZetaChain – a cosmos-based layer 1 blockchain that also has “omnichain” capabilities.

Quai network – a layer 1 network of blockchains that uses pooling to achieve high throughput.

Optimism – this large tier 2 scaling solution has already released 5% of the 19% OP token supply it allocates for airdrop distribution. Which means that there is 14% more airdropping left.

You may be interested in

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *