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One of the sweetest things about being involved in crypto is when you look at your wallet and notice you have been airdropped some new tokens.
Crypto airdrops is what we call the process where crypto token creators distribute their tokens to wallet addresses free of charge.
These airdrops usually serve as a marketing strategy, intending to spread awareness about a new cryptocurrency or to reward loyal customers.
There are various types of airdrops and here in the Daily Leo we shall keep you abreast of the latest developments.
One thing of course you must do is your own research before you join in or click your wallet. The last thing you want to do is by trying to claim free tokens is to have your wallet drained of existing tokens.
Each type of airdrop has its own unique set of rules and eligibility criteria, so it's essential to read and understand the specifics of an airdrop before participating. However, they can be summarised as follows:
Standard Airdrops - Tokens are distributed to users who hold a specific cryptocurrency in their wallets.
Staked Airdrops - Tokens are distributed to users who stake a specific cryptocurrency in their wallets.
Exclusive Airdrops - Tokens are distributed to a select group of users who have done something to justify their status.
Bounty Airdrops - These airdrops are designed to reward users for completing specific tasks. There will be a bounty pool that is shared between users. I am sure you remember the zealy campaigns, they were examples of bounty airdrops. These tasks could range from sharing a social media post, participating in a X Space, writing a blog, referring a friend, or whatever else the creators want done.
As a bona fide Airdrop hunter you need to find people you can trust. When we are on the relative safety of the Hive Blockchain, you can pretty much guarantee that people know the project owners, so the chances of being scammed from a fake airdrop are minimal. They might do it once, but they will never do it again.
Elsewhere in crypto it is a different kettle of fish. Luckily, we also do our research for you before anything is presented in The Daily Leo.
This is a recently launched bounty airdrop
10th Jan 2024, 12:53 PM - 24th Jan 2024, 12:00 AM (Europe/London)
For this airdrop you will need to create an account on Intract if you have not already got one. Intract is another marketing platform similar to zealy where you register and they keep track of your tasks performed.
Those are the tasks involved, they are pretty easy and don't involve you staying up until 3am etc 🤣
To get involved with airdrop hunting, it is a good idea to have an Intract account set up. This link helps with that.
Orbiter is one of the most popular zk-tech Ethereum bridge where you can send your funds easily from mainnet to layer 2s or between 2 EVM layer 2s.
KiloEx is a decentralized exchange that operates on BNB chain. The team has already received Binance Labs support for initial funds and technical guidance.
Users can earn diamonds that will be converted into airdrop tokens and the diamonds can be earned every single day that a trader visits the platform. In this way, the platform can show its unique sides and grab a decent amount of liquidity on it. Also, this can be a motivating factor for new users to gamify their decentralized exchange experience.
StarryNift is an immersive metaverse project that is powered by Binance Smart Chain Network.
StarryNift allows participants to join a metaverse and earn collectibles in form of NFTs as they get involved in various virtual activities. Participants could even create Spaces in the Metaverse where they could invite others to participate in the events. Some of the activities include meeting other citizens in bars to share a drink, promoting business brands, games and sporting activities, etc Once a user becomes a citizen of the metaverse, they become entitled to participate in all the activities in the space.
In other to promote engagement and reward loyal members of the virtual platform, the team has organized an airdrop. For this airdrop, points are earned for each activity and these points could be swapped for various NFTs.
Get started today
The Over Protocol allows participants to set up and run nodes using their PC. The protocol is a Layer 1 blockchain and makes it possible for everyone to validate transactions and earn protocol tokens. The Over wallet allows users to manage their tokens, and also participate in the ongoing airdrop by earning points for engagement.
People-powered predictions: create, predict, and validate the outcomes of any event - and earn rewards for doing so. We want to give those dedicated to helping us grow the opportunity to ‘own’ part of what they are building.
The bounty airdrop sprint runs until February 20th.
Contributors will earn a share of 15,000 FORE, with greater rewards going to the most active in the leaderboard. This airdrop is one to join if you want to win twice.
Have you found any airdrops recently that you have joined in?
InLEO is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
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I think I should give this Crypto airdrop a try through I have heard about it but the explanation given to me by the person was not as what I'm reading right now . Thanks for sharing the link here. I will definitely go through it
Let me know if you need a hand. They are often fun but make sure you know who to ask for help, I don't recommend joining one unless you know someone doing it. Best to be careful.
That's so nice of you.. thank you
Ha, in all I know only one, and that's $Fore you introduced to me, I'd love to know more about this, since I'm new on crypto, I don't think it's a bad idea to invest into this as long as they are all legit. But I trust your guidance sir🤗
hehe well Fore is fun. I do like some that are short and sweet too. Most of the time, it is your time you are investing, but if you are learning, then that is good too!
Thanks for the apt summary and information on airdrops. Many who know how best to maximize airdrop do so at their advantage. Great compilations!
They are good once you know what you are looking at!