The best opportunities to get free crypto this year through upcoming token airdrops
Crypto airdrops provide a way for projects to attract new users by distributing tokens in exchange for customer activity and loyalty. To become eligible and successfully participate in airdrops, you need to be there early and know what requirements to meet. Let’s dive into some of the best airdrop opportunities that have ever taken place, and let’s also find out how you can earn big rewards yourself.
What are crypto airdrops?
Crypto airdrops are basically a means by which a company distributes its tokens to the wallets of certain users, usually completely free of charge. Watch the video below for more insights:
Did you miss out on retroactive airdrops where early users have been airdropped a ton of free tokens?
Keep reading and you will find a list of promising DeFi protocols, games and blockchain projects that have either confirmed airdrops or have great potential for it.
What you should know before airdrop hunting
Even though many websites talk about airdrops, there’s also a lot of uncertainty there. Sometimes people spend lots of time and money on an airdrop, and all they receive is $50. In other instances, a minimal amount of effort can result in a $1,000 reward. The point is, airdrops can have varying amounts of awards for participants, and being into a campaign with 500,000 other participants will not always do well for the rewards distributed.
Moreover, airdrops mentioned on DappRadar have varying degrees of certainty of actually happening. Always do you own research before farming an airdrop. If there are any airdrops in this list that you want to take part in, go directly to the platforms, research what they’re doing and decide how likely you think it will be that an airdrop is forthcoming.
We can’t guarantee that you will actually earn rewards, because the mechanics for the token distribution are often kept under wraps.
What are the best crypto airdrops of all time?
Below we have summarized the best crypto airdrops that have ever taken place. This airdrops rewarded participants, and had a very good distribution. Moreover, the token didn’t drop immediately after the ‘free money distribution’, meaning that they rewarded the right people. Let’s take a look!
Uniswap UNI airdrop
Perhaps the most meaningful airdrop of all time, has to be UNI by Uniswap. They distributed 400 UNI to any wallet that swapped at least once on their platform. In addition, they split 49 million between liquidity providers, while SOCKS token holders received 1,000 UNI. That means you’d earn $4,000 – at current
Arbitrum ARB airdrop
Arbitrum serves as an Layer-2 network on top of Ethereum, and currently has one of the most active ecosystems. DeFi is worth billions, and they now set up a $500 million fund to nurture gaming. The ARB token airdrop was distributed to users of Arbitrum One and the older Arbitrum Nova. They look at transaction and smart contract activity in different time periods, rewarding those who were active for a longer time. The airdrop was distributed on 23 March 2023, at a price of $1.25.
BONK token airdrop
Even though BONK might not be the most relevant project mentioned here, its airdrop distribution mechanics stand out. BONK launched as a Shiba Inu-inspired memecoin on Solana, and they team used strategic partnerships to expand its community. BONK managed to foster Solana network engagement, giving a boost to the Memecoin Spring of 2024. Solana NFT holders, DeFi users, Solana validators and even users who purchased the Solana phone, were eligible for BONK airdrops.
Discover the best upcoming crypto airdrops
On DappRadar there are 2 ways to find alpha about ongoing and upcoming airdrops.
- You visit the blog, and filter the articles to find mentions about “airdrops” or “airdrop“.
- You go to the Airdrops Explorer, and find complete guides on how to farm certain airdrops.
We strongly advise you to make an account, and participate in the airdrops listed on the Airdrops Explorer. Participating in airdrops will often require you to use some crypto for gas fees and purchases, and therefore participation isn’t free. In addition, it’s not unusual for platforms to only distribute airdrops to users who have contributed with a certain volume in crypto, i.e. at least $250.
Airdrops and the DappRadar PRO Membership
I hope I’m preaching to the choir, but the final mention in this article would be our own DappRadar PRO Membership. We see PRO members as the most active community in Web3: trying new projects, and jumping into new ecosystems. Use DappRadar actively, level up your account through our gamification features (i.e. Quests) and you will become eligible for airdrops from partnered projects.
PRO airdrop criteria
- Stake 30,000 (or more) RADAR tokens, and earn an APY (approx. 15%) on your staked tokens. This enables your PRO membership.
- Complete Quests and earn XP to ensure eligibility. To claim an airdrop you will (most likely) need to complete a simple task.
- Airdrops will happen on a regular basis, and every PRO member will be eligible (if they complete the quest for that airdrop).
The above does not constitute investment advice. The information given here is purely for informational purposes only. Please exercise due diligence and do your research.
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