In the crypto world, protocols often incentivize and reward early users and contributors through token airdrops. This practice grants these early supporters a say in decentralized governance, while also providing them with valuable tokens. While not every airdrop yields a substantial number of tokens, the potential for significant gains is always present, as evidenced by the millions of dollars collectively received by users during past airdrops.
Recent high-profile airdrops, such as those from Blur and Pyth Network, serve as inspiration for those seeking the next big protocol to reward participation. However, it’s important to note that most projects now prefer retroactive airdrops to reward past activity, potentially leaving those unfamiliar with these protocols out of luck.
Here’s a rundown of some recent and upcoming significant airdrops:
– Jito: The Solana-based DeFi protocol Jito recently launched its JTO token airdrop, with an estimated collective value of $225 million. Users who interacted with Jito prior to the airdrop snapshot are eligible to claim a share of JTO tokens.
– Starknet: The Ethereum layer-2 scaling network, Starknet, plans to host a STRK token airdrop soon, with 900 million tokens earmarked for early users and contributors. Specific eligibility requirements and a timeline for the airdrop are yet to be revealed.
– Blast: Despite facing controversy, the Ethereum layer-2 scaling network Blast has garnered significant attention, with over $1.1 billion worth of ETH and stablecoins staked by traders in anticipation of potential airdropped tokens.
– Jupiter: The Solana-based DeFi aggregator, Jupiter, is primed for a notable airdrop, with nearly a million wallets deemed eligible for claiming JUP tokens.
– Portal: The gaming token project Portal has been generating buzz, with an upcoming airdrop incentivizing Twitter users to spread the word. More details about the airdrop are expected to be revealed soon.
– Frame: A new Ethereum-based scaling network, Frame, plans to airdrop tokens to users who have traded NFTs on the Ethereum network over the last two years. The actual airdrop is scheduled for January 31, 2024, upon the Frame mainnet launch.
– Saga: Saga, a crypto gaming protocol, is gearing up for a two-part airdrop to reward testnet developers and community members.
– Xai: The Arbitrum “layer-3” gaming network Xai is set to launch its first XAI token airdrop, with eligible recipients including Sentry Key owners and owners of two NFT projects tied to Xai.
– Solana Saga: Owners of the Solana Saga smartphone are eligible for multiple token airdrops, along with other perks and benefits.
– Tensor: Solana’s leading NFT marketplace, Tensor, is hinting at an upcoming airdrop, following a model similar to Blur and incentivizing trading activity with points.
As the crypto ecosystem continues to evolve, airdrops present an attractive opportunity for early adopters and active participants to earn tokens and actively engage with innovative projects. Stay updated as more projects announce their airdrop plans, as the crypto industry continues to offer unique incentives and rewards for engagement and support.
