Have you ever participated in crypto airdrops? No? Well, that’s alright! Make your mind to participate this time in 2024. Believe us, crypto airdrops are an exciting way to get involved in the cryptocurrency world, where users can attain free tokens.
Crypto airdrops are the promotional activity typically performed by blockchain-based startups to boost their token or coins. Simply put, it’s like a marketing stunt for newly launched tokens. This promotional strategy requires blockchain-based startups to distribute free tokens or coins to the wallets of active members of their platform.
However, in some instances, blockchain startups distribute tokens to members only when they agree to do small favors in return, like retweeting a platform post. The primary goal of crypto airdrops is to spread awareness and increase ownership of the current startup.
Reading up here, one question might be coming to your mind: How can cryptocurrency benefit you?
Well, we’ve to say,
‘Participating in crypto airdrops can be highly beneficial.’
It allows you to obtain free tokens, which may appreciate in value over time, potentially yielding substantial financial returns. In addition, holding the tokens in crypto airdrop gives you access to exclusive benefits within the respective ecosystems, such as voting rights or transaction fee discounts.
If you’re interested in participating in crypto airdrops, read this detailed blog post. In 2024, many crypto airdrops are going to take place. In this blog post, we’ve compiled a list of the top seven upcoming crypto airdrops in June and July 2024. So, without further ado, let’s jump straight into it!
1. The Beacon
If you’re aware of Treasure DAO ecosystems of games, you may know a little about ‘The Beacon.’ It is a fantasy action roguelike RPG set, which incorporates NFTs to offer free-to-play gameplay. In November 2022, ‘The Beacon’ started getting popular (Thanks to its first playable prototype). You can play dungeons, battle monsters, and more games on this platform, and if won, you can obtain NFT items. Isn’t that interesting?
Even after getting popular, The Beacon still doesn’t have its own token or coin. But things are going to change soon. The Beacon token airdrop is live.
Visit their official website to participate in cryptocurrency airdrops.
In total, three phases will be organized.
Phase 1 of the airdrop will end on June 30, 2024. the dates for Phases 2 and 3 will soon be announced.
Airdrop Status:
Confirmed
Platform:
Ethereum
2. SOFA.org
There is hardly any information related to the SOFA.org airdrop event (As of now). But there is a high probability the airdrop will be live in the last week of June.
SOFA.org is a non-profit DAO (Decentralized Autonomous Organization) that offers FREE financial literacy seminars to the general public and crypto enthusiasts. SOFA (Society for Financial Awareness) was established in 1993, and since then, it has educated several people about the asset settlement framework.
Airdrop Status:
Confirmed
Platform:
Arbitrum
3. zkSync
zkSync is a trustless protocol that uses zk-rollup technology to provide layer two scaling solutions and low-cost transactions for Ethereum.
For years, the crypto community has waited for ZkSync’s token and potential airdrop event. And we would like to say, ‘Wait is Over’. The highly anticipated ZkSync token airdrop is confirmed. Through an official press release, the ZkSync team finally announced the much-awaited ZK token airdrop.
This crypto airdrop event will have a token supply of 21 billion. Out of this, 3.675 million will be airdropped to all eligible participants, while the remaining will be kept aside for the community. On June 18 or 24, MetaLabs (the development firm behind zkSync) will airdrop over 3.65 million to eligible users. The process of airdropping will continue until January 3, 2025.
Check the official blog post from ZK Nation to learn about zkSync airdrop eligibility criteria.
Airdrop Status:
Confirmed
Platform:
zkSync’s Own Chain
4. Nexis Network
Combining AI power and blockchain technology, Nexis Network has become the world’s fastest open-source EVM (Ethereum Virtual Machine) platform. It can process up to 75,000 transactions per second, and that, too, with extremely low fees through Solidity.
A few months back, Nexis Network confirmed the launch of their much-anticipated ‘XZT’ tokens and, along with that, a crypto airdrop event.
Keep looking for the latest information on Nexis Network’s website regarding the release of official data. In the meantime, you can take part in their points and chestnut campaign. By enrolling in these campaigns, you can obtain a good number of points, which may later help in crypto airdrops.
Airdrop Status:
Confirmed
Platform:
Nexis Network’s Own Chain
5. D8X
D8X is the on-chain perp DEX protocol, which uses an AMM (Automated Market Making) approach to offer front-end kits for white-labeling partners.
[White-labeling partners are highly skilled companies that develop unique cryptocurrency platforms to sell them. Moreover, they are also responsible for making any upgrades or feature inclusion in crypto platforms]
If we talk of crypto airdrop,
D8X hasn’t announced the token release or token airdrop yet. However, the leading intermediary-free trading system is teasing that the announcement of the token release and token airdrop is near.
On May 16, 2024, the official X (Formerly Twitter) account of D8X posted an exciting visual with the caption,
More Trades = More Airdrop.
It clearly indicates that the release of D8X tokens and the airdrop is soon. They will most probably be announced in the early weeks of August.
Visit the official trading websites of D8X’s frontends (Octo. fi, DeFi Saint) to trade more and more tokens. Also, elevate your airdrop allocation by following their ‘Invite to a Friend’ deal.
Airdrop Status:
Confirmed
Platform:
Arbitrum
6. Token Metrics
As a crypto enthusiast, you must have heard of Token Metrics. It is one of the leading cryptocurrency investment research firms. Using artificial intelligence (AI) and machine learning, Token Metrics aims to provide essential insights into NFTs and cryptocurrency trends.
Token Metrics was founded by Ian Balina in 2018, and its customers are spread across more than 50 countries.
In January 2024, Token Metrics announced the airdropping of free Token Metrics AI Tokens. The airdropping event will be organized to celebrate the release of the highly-anticipated launch of Token Metrics’ very first token.
The first phase of the Token Metrics Airdropping campaign has already started. Visit the campaign page at Galxe to attain useful points and complete necessary tasks.
You can earn 3-5 Points each time by following the official social media accounts of Token Metrics and its partners. Like you’ll get 5 points if you start following @tokenmetricsinc on Twitter.
The first phase of the crypto airdrop requires users to earn points by spending money on the analytics platform Token Metrics.
The second phase allows you to buy tokens on Data API, while the third phase requires users to spend on AI chatbots.
At last, the fourth phase is related to crypto trading bots.
The official schedule for the 2nd, 3rd, and 4th phases of crypto airdrops will be released soon. The fourth phase of Token Metrics’ airdropping may also be postponed to January 2025. But this is just a prediction.
Airdrop Status:
Confirmed
Platform:
Ethereum
7. Dunes
Dunes is a universal liquid restaking token (LRT) protocol designed to maximize the utility and value of their staked assets by converting them into liquid tokens that can be freely traded, transferred, or used within the broader DeFi ecosystem. It was founded in 2018 by Fredrik Haga and Mats Olsen.
Last year, Dunes confirmed that it would launch its token, “DUNE.” To promote their token, they even launched a unique points program called “Spices.” This point system is similar to the standard one. The only difference is that it is called ‘Earning Spices’ instead of ‘Earning Points.’
Thus, the more you attain Spices, the higher the chances of getting massive airdropping of the DUNE token.
Airdrop Status:
Confirmed
Platform:
ETH
Standard Eligibility Criteria to Attain Crypto Airdropping
Understanding the eligibility criteria for airdropping is essential to participating in any crypto airdrop. However, each project has its own set of eligibility criteria; still, given below are some of the most common criteria:
I. Wallet Requirement
You need to have a compatible cryptocurrency wallet, which usually supports the specific token being airdropped.
II. Social Media Engagement
Reading this blog up to this point, you might have guessed this is an essential eligibility requirement. Many airdrops require participants to follow the project’s social media accounts, retweet posts, or share content.
III. Account Registration
Some airdrops require you to register on the project’s website or platform. So, you need to fulfill this requirement.
IV. Holding Requirements
Certain airdrops are exclusive to holders of a specific cryptocurrency. Thus, you may need to hold a minimum amount of a particular token in your wallet at the time of the airdrop.
Summing Up
Crypto airdrops are an effective way to earn free tokens, which later provide you with huge financial stability. Crypto airdrops are beneficial for both sides; startup blockchain platforms get to promote their newly launched token or coins, while users attain an opportunity to earn free tokens. Thus, it is a win-win situation for both sides. In June and July of 2024, many blockchain projects are confirmed to make live their crypto airdrops. The top projects include,
- The Beacon
- SOFA.org
- zkSync
- Nexis Network
- D8X
- Token Metrics
- Dunes
Read all the latest updates from these projects so you do not miss an opportunity to participate in crypto airdrops.
Also, fulfill the basic eligibility requirements to make yourself an ideal user, participating in crypto airdrop.
With this, we would like to end this blog post. Thanks for reading this blog post. Stay tuned for more such blockchain related blog posts.
