The Best Crypto Airdrops For 2024: Check It Out
In the ever-evolving world of cryptocurrencies, crypto airdrops have become a prominent marketing strategy aimed at increasing the visibility of startups, tokens, and even an NFT airdrop collections. It’s time to learn all about crypto airdrops in this article.
In recent history, the cryptocurrency industry has become one of the largest emerging industries in the market. As in any developing industry, new and exciting projects are not regularly launched. However, some of them remain unnoticed by the majority of the crypto community.
A crypto airdrop is likely one of the many marketing strategies used by crypto projects to increase the popularity of a coin, product, or service that is about to be launched.
What is a Crypto Airdrop?
Crypto airdrop is a marketing strategy that cryptocurrency projects use to raise awareness of their new digital asset or project. Crypto airdrops involve sending a small amount of coins or tokens to wallet addresses that meet certain requirements. An airdrop is also used by crypto projects to ensure the fair distribution of coins and tokens among community members.
Usually, airdrops are a tool that carried out by the creators of the projects themselves. They solve three tasks:
- To form a crypto community. If a company has just launched a cryptocurrency, it does not have users yet, which means there is no turnover.
- To attract investors. At the start, the new coin will have no trading turnover, and investors may be deterred by the lack of activity. To launch cryptocurrencies on the market, the company distributes tokens.
- Encourage users. Sometimes projects give out coins or NFT to the most active users.
The List of the Best Upcoming Crypto Airdrops You Must Know
Crypto airdrops are, in fact, promotions that are carried out by blockchain projects to attract investors. Such distribution of cryptocurrencies is beneficial to everyone: users receive free tokens for completing simple tasks, aggregate airdrops and developers scale their projects.
Here is a list of the best crypto airdrop projects in 2024 from which you can extract a bunch of useful things for improving your airdrop experience.
1. Airdrops.io
One of the best resources that provides users with complete analytics of the most popular crypto projects conducting token airdrops and potential airdrops base. Here, you are invited to familiarize yourself with the best crypto airdrop promotions. All of them are divided into several potential airdrop eligibility categories and options: hot offers, possible, and upcoming.
The advantage of the site is the availability of not only information about current giveaways but also all the necessary data about each financial project.
2. AirdropsMob
A platform that allows you to select a project to participate in the huge number of airdrops, which is manually selected by experts and investors in the crypto industry. The best-proven project allows you to avoid investing in fraudulent projects and earn money for the free distribution of tokens.
A proposal selection filter has been introduced on the site, which makes it possible to select the latest airdrops projects of interest according to a certain criterion. Among the individual categories are airdrops, latest airdrops hot offers, and giveaways with an expiring period of holding. You can also set up the issue based on the evaluation indicator of the promotion by other participants, bounty (amount of remuneration), and rating on the site.
3. AirdropKing.io
A platform with a good track record. Here are lists of the best airdrop events, divided into several categories — new, offers with a good rating, airdrops potential hot offers, airdrop token metrics, airdrops with an expiring period, and completed. You can search for the best promotions here based on user ratings.
The airdrop page is laconic and informative. It contains basic information about the company, as well as the conditions for participating participants in the airdrops through crypto and receiving awards and rewards.
4. AirdropAlert
One of the most famous private ecosystem platforms designed to protect ordinary users from participating in fraudulent scam projects. Each company is carefully analyzed there, however, according to the developers, users should still treat all shares with caution.
The platform has a very user-friendly and intuitive interface. All airdrops are divided into several categories: newly appeared, home latest airdrops offers, base airdrops blast, an exclusive airdrop offer, airdrops and bounties, airdrop imaginary ones, airdrop credits NFT, selected with the best offers, upcoming, and past. A distinctive feature of the resource is the presence of two more sections with airdrops separately in DeFi and NFT.
5. AirdropBob
AirdropBob is a well-known and popular platform that has already earned credibility in the market. The developers of the resource actively cooperate with the crypto platforms AirdropAlert, CoinGecko, and Blockpit, which are their official partners.
The website interface is simple and user-friendly. Here, all bounty offers are published on the main page, and participants can use the advanced filter to search for a project. A convenient feature is the distribution calendar, in which you can track how soon a particular airdrop will end or select promotions ending shortly.
6. CoinMarketCap
CoinMarketCap is one of the well-known crypto portals offering detailed analysis of the crypto market. One of the features that many token holders use is tracking events on the airdrop resource.
All promotions are published here in three categories: current (in which you can still participate in), future (only being prepared for the event), and completed.
The CoinMarketCap portal itself was not created to track airdrops points and loans, so it loses out to specialized resources in terms of convenient functionality and availability of complete information claim.
7. ICO Marks
The ICO Marks media company itself is designed for projects conducting initial coin liquidity distribution trading (ICO or ISO).
All crypto airdrop events are listed there, opposite each of them there is information about the estimated amount of the award per participant, the activity of the project, the completion date, and links to the social networks of the project.
Detailed information about the offer can be obtained by clicking on the project icon. On the page that opens, a description of the crypto project itself is available, as well as the conditions for participation in the coin draw and a claim airdrop.
8. PulseChain
PulseChain is a fork of the Ethereum security network. Anyone who has ETH in their wallet can participate in his airdrop with the free official distributed of PLS tokens. PLS are issued in a one-to-one ratio to the ether holding. Within 30 days, the trade tokens received must be transferred to a new wallet on the PulseChain network. Failure to comply with this hold requirement will result in the burning of free cryptocurrency reward.
9. DAO Labs
DAO Labs is a tokenized consulting project that brings together clients, companies, and modern technologies. Up to 60 BUSD is paid for participation in the airdrop of the platform. To do this, you need to complete several tasks.
First, you need to fill out a questionnaire, register on the platform, and subscribe to DXO Labs accounts on various social networks. Points are awarded for each completed task, the more points there are, the higher the reward.
10. DeFiChain
The decentralized DeFiChain blockchain promises to increase the efficiency, intelligence, and transparency of services through the use of the capabilities of the Bitcoin DeFi ecosystem.
Using the platform, crypto investors can earn income from stacking and borrowing money. DeFiChain distributes free DFI tokens worth $30 to new users.
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How Does Crypto Airdrop Work?
The essence of the crypto airdrop is the distribution of free tokens or digital assets to the addresses of users’ wallets. Despite the general hype around “free money”, the distribution from the air is not only about this. They serve as an incentive for people to participate in a new project, especially when they see that the potential of these tokens grows over time. For example, the distribution of Uniswap’s UNI tokens has changed the rules of the game, offering substantial value to its first users.
There are various models by which distributions are performed and you can receive the airdrop money. They may require users to complete tasks, maintain a minimum balance, or simply register their wallet addresses before a certain date. With the development of technology, some giveaways even require interaction with smart contracts to register.
The Purpose of Airdrops
Cryptocurrencies have value only because people believe in them and recognize their value. The more people who own digital currencies, the more likely they are to be widely accepted and airdropped tokens from the project, and their value will increase.
– Why an airdrop so popular?
One of the main reasons for using crypto airdrop is the relatively recently introduced restrictions on ICO promotion, which turned out to be painful. Companies launching token sales can no longer use either Facebook or Google to promote their projects (although it seems that FB allows such advertising again).
The Main Types of Airdrops
There are several crypto airdrop formats depending on the way they are implemented. Airdrops may be:
- The standard one. Tokens are distributed absolutely free of charge or in exchange for signing the user to the newsletter of the project.
- Bounty airdrop a type. They imply that users perform simple tasks such as joining a community, sending a marketing post, creating a message on their page on a social network
- Exclusive. The drop is carried out for a regular audience of users who have a long history of interaction with the project (exchange, website, community).
- Distribution of the hard fork. Such an airdrop is inextricably linked to the technical features of the blockchain. If a coin/cryptocurrency is split from the initial blockchain (this is network scaling), a new coin is formed. Holders of the original asset receive the same number of new tokens
- A reward for holders or buyers of cryptocurrency. Here, the similarity with the hard fork is that new tokens are transferred to users who already have other coins.
How Much Can You Earn in Airdrops?
Airdrop hunters are users who are looking for crypto airdrops to earn money. Their success depends on three factors:
- The number of subscribers. Sometimes coins are distributed only by a popular blogger. It is beneficial for the organizers to let as many people as possible know about their project so that a large subscriber base can increase revenue.
- Activity in the airfield market. Someone who regularly searches for new airdrops and participates in them will inevitably earn more than someone who pays attention to giveaways only occasionally.
- The seasonality of the cryptocurrency market. There are few airdrops during periods of crypto-winters. And when the entire digital asset market grows, a lot of new offers appear, and there are more airdrop hunters too.
The Signs of Airdrop Fraud
There are many fraudulent sites on the cryptocurrency market, and offers of coin crypto airdrop are not uncommon. There are usually several basic fraudulent schemes used in the implementation of improving potential airdrop:
- The user is invited to participate in the free distribution of tokens, for which it is necessary to register on the site. There may be no external differences from the real airdrop, but when filling in the data, the owner of the platform may require data on open electronic accounts, private keys of the crypto wallet, and other information. If the user reports, it is immediately used to steal electronic assets.
- Emails are sent to users that contain a link to the malware distribution or the installer itself. The letter states: that you cannot participate in airdrop without this application. With the installation of the software, the computer becomes infected with a virus.
FAQ
What do you need to participate in the crypto airdrop?
To participate in the crypto airdrop and purchase tokens for free, you need to perform several actions:
- Create a wallet for cryptocurrency transactions on special blockchain platforms, cloud services, or a cold one that is stored on a USB drive.
- Find an open access project that announces the airdrop.
- Familiarize yourself with the conditions for obtaining tokens and fulfill them.
What is the main advantage of crypto airdrops?
Crypto airdrops are designed to appear seamlessly in users’ wallets, offering a quick and direct way to introduce users to a new initiative. Recipients do not need to take any preliminary steps due to the self-fulfilling nature of smart contracts.
What is the main disadvantage of crypto airdrops?
The number of tokens that a project can distribute depends on its specific budget and goals. Spreading too few toxins can lead to insufficient advertising, whereas excessive giveaways can completely deplete the supply of tokens. Through crypto airdrop you can make real money.
How are crypto airdrops taxed?
As a rule, cryptocurrency activities are subject to taxation. Regardless of whether you sell digital assets for fiat finance, use cryptocurrency for goods and services, or purchase tokens through distribution, these actions may be taxed depending on the location of the token holder.
What qualities are important for airdrop hunters?
If a user wants not just to do known as airdrops hunting, but to make it the main source of income, then it is necessary to approach the process on a large scale. We will have to look for ways to automate some actions, as there will be a routine. You will need a good knowledge of the cryptocurrency market, otherwise, you can just spend time on projects that are not worth it. Discipline is also important so that in case of failure you do not lose motivation and continue to carry out the planned actions.
Conclusion: Is It Worth Participating in Crypto Airdrops?
It’s worth participating in crypto airdrops base airdrops if you follow all safety measures — so you don’t risk anything. If the organizers do not require you to give them the keys to access your wallet, passport data, and other confidential information, you can safely participate in the distribution. Of course, after a thorough study of the project.
Sometimes, assets received in handouts can become much more expensive over time but do not regard crypto tokens claim airdrop as a major source of income — they can only be a pleasant addition to your basic income and make an airdrop rabby wallet.
