Crypto communities are often liked to use airdrop technique to distribute free tokens to an activity set of customers. It is more like a promotional strategy for new projects to reward existing users and get more people onboarded on their platform.
Airdrops provide impeccable opportunity for crypto newbies to acquire tokens without much ado. Staying informed by profitable airdrops is very important if you are into everything crypto!
The report on top 10 airdrops for 100x profits in Q1-2024 by Coinpedia is all that you need to brush up your knowledge on the latest development in the airdrop field.
Trending Airdrops in 2024
There is a prediction that 2024 is going to be booming with profitable airdrops!
- Manta Network’s airdrop could be lucrative with only 20,000 unique Bridge users and $25 million in funding from binance and polychain.
- The potential of ecosystem airdrops like Salana’s is underrated and can be incredibly lucrative, as seen with the Pyth network airdrop.
- The potential for airdrops on the Solana ecosystem is increasing as the token price pumps, making it a good opportunity for niche airdrop farmers.
- Scroll raised $80 million at a $1.8 billion valuation, making it one of the most well-funded projects in crypto.
- Getting in early on a main net airdrop like Scroll gives you a better chance to build up volume and transaction volume, compared to getting in super late.
- Rollapps chain Dymension launched its mainnet in February and sent out loads of DYM to users across Solana, Ethereum scalers, and beyond.
- Jupiter airdrop rewarded participants in millions, it is expected to roll out other airdrops in 2024.
Top 10 Airdrops To Watch in 2024
- Linea
Linea is a type 2 zero knowledge Ethereum Virtual Machine (zkEVM). So, the zkEVM replicates the Ethereum environment as a rollup and allows developers to build on it as they would on Ethereum mainnet.
Why shall we choose Linea?
- Linea lets users deploy any smart contract, use any tool, and develop as if they’re building on Ethereum. For users, this enables the experience and security guarantees of Ethereum, also with lower transaction costs.
- Linea is a ZK rollup powered by ConsenSys, which has raised an incredible $726M and has launched its mainnet to the public.
- They had already confirmed to reward early testnet participants, so it’s very likely that they would launch their own token in the future and do an airdrop to early testnet and mainnet participants.
- We, at Coinpedia, highly recommend the users to do transactions on a regular basis to increase the chances to become eligible, like every month or week.
- zkSync
It is a ZK rollup, a renowned trustless protocol that uses cryptographic validity proofs to provide scalable and low-cost transactions. It is all done on the Ethereum chain. It has raised a glorifying sum of $458 million from investors like Blockchain Capital and Dragon Capital.
Reasons to consider zkSync:
- It performs the computation off-chain and stores data off the chain.
- It is built on Ethereum and is super safe!
- It uses Gitcoin passports and Sybil wallets to ensure proof of humanity and thus adding an extra layer of security!
- Wormhole
It is a generic, cross-chain message transfer protocol made to carry out interoperability between heterogeneous chains like Ethereum, Solana and BSC, etc. It has raised $220 million from investors like Coinbase Ventures and Multicoin Capital.
Why Wormhole?
- It is an open-source blockchain development platform connecting the decentralised web system.
- It allows interoperability among different chains through bridge app
- Berachain
Berachain is a highly performing EVM-compatible blockchain built on Proof-of-Liquidity consensus. Proof-of-Liquidity is a novel consensus mechanism that wishes to align network incentives, creating strong sync between Berachain validators and the ecosystem of projects.
So why Berachain?
- Berachain’s technology is built on Polaris, a great blockchain framework for building EVM-compatible chains on-top of the CometBFT consensus engine.
- It has raised a massive $42 million in funding from investors like Polychain Capital and dao5. It has also confirmed to launch its own token, “BERA”.
- It has launched a testnet called Artio, and users who try out the testnet will likely become eligible for a BERA airdrop when the token is about to go live.
- Layerzero
It is an omnichain interoperability protocol designed for lightweight messages passing across different chains. Layer Zero provides a safe and guaranteed message delivery with configured trustlessness. It has raised a total of $173.3 million in funding from many investors like Alameda Research and Andreessen Horowitz. They confirmed about the token launch and users who are in touch with the dApps built on Layer Zero may get an airdrop soon in 2024 Q1!
- Metamask
It is a browser extension that is about to launch its token soon! It offers all the facilities to manage the digital assets from one place.
Reasons to choose Metamask:
- It is an extension browser that has a user-friendly mobile app
- It has features like key vault, secure login, token wallet, and a token exchange.
- Telos
It is a high-performance blockchain built on Antelope that supports Ethereum dApps for Defi services and products.
Why Telos?
- It offers low gas fees and fast block generation.
- Users can earn TLOS tokens by completing the quests
- Mintlayer
It is a layer 2 blockchain that leverages Bitcoin’s security for financial solutions, NFTs, and much more!
Why choose Mintlayer?
- It shows off its great features like support for taxation and investment payouts.
- By referring friends, one might receive $5 million tokens in their exclusive airdrop.
- Tamadoge
Tamadoge is a play-to-earn space that features Tamadoge pets, virtual characters created as NFTs. Players can buy, sell and trade pets using TAMA tokens.
Why Tamadoge?
- It hosts group events where players can compete and earn rewards.
- There has been a great growth in TAMA tokens , thus indicating a promising future!
- Ambient
Ethereum has served as a site of prosperity to many projects! Ambient is one among them which have flourished on the Ethereum platform. It is a Decentralised exchange that allows two-sided AMMs. It boasts a raise of $6.5 million from investors like Circle and Naval Ravikant.
Reasons to look at Ambient:
- It is a zero-to-one decentralised trading protocol where the DEX is seated inside a single smart contract.
- Transactions are cheaper, faster and easier here
- There are great liquidity rewards
- Fair trading experience for all!
- It is the only DEX to support concentrated (V3), ambient (V2), and knock-out liquidity in the same liquidity pool.
Conclusion
Being a part of airdrops gives a distinct opportunity for crypto enthusiasts to acquire tokens as a recognition of their loyalty! The airdrops present various prospects for users to become a part of a fervent community of early adopters. The list has been compiled by keeping different surveys and researches in mind. Coinpedia aims to keep you ahead of times and help you make the most out of the crypto space!
