Blockchain projects frequently employ airdrops as a marketing strategy to reward early adopters, draw in new users, and advertise their tokens. You can earn free tokens by participating in airdrops and performing easy actions like subscribing to the project's Telegram channel or following it on social media. Let's review everything you need to know about the top crypto airdrops, including how they operate, how to take part, and where to locate them.
Blockchain projects employ crypto airdrops as a marketing tactic to provide their community with free tokens. A project can use airdrops to reward early adopters, draw in new users, and create buzz. Here are the top airdrops that crypto enthusiasts can currently take advantage of in light of that. Here are the Top 8 Crypto Airdrops of 2024 to Receive Free Crypto.
Launched in October 2022, Blur is an Ethereum-based NFT market that has quickly emerged as the top platform for professional traders. It sees a higher volume than OpenSea and holds a more than 60% market share for NFT trading volume. Blur is renowned for low prices, rapid speed, and distinctive features like NFT floor depth maps, collection sweeping, NFT statistics, and more.
The yield trading protocol Pendle uses decentralized finance (DeFi). A primary token (PT) and a yield token (YT) are the two assets used to divide yield-bearing assets in the Pendle protocol. Users of Pendle can increase their yield by increasing exposure during bullish runs or hedging against declining yields during bear periods. Users of Pendle have a choice of fixed yield, long yield, or a combination of the two tactics.
A Web3 service, OP Names, or Optimism Name Service, enables users to manage their online identities. Since users can specify their names and manage aggregated identities, it is intended to function similarly to Solana Name Service. Optimism Name Service eventually wants to create a Web3 Name Card, NFT, DAO, and decentralized hosting. The Alpha Testnet was only recently launched, indicating that the service is still in its infancy of development. It is one of the top 8 crypto airdrops for free crypto.
The Binance Bitcoin Button is a straightforward game registered users can play to earn 1 BTC. The only requirement is to click the Bitcoin button before the countdown runs out to win. There are other restrictions with the game, though. Users can gain more clicks by finishing a variety of tasks. Additionally, the duration swings somewhat wildly rather than counting down straight, making it much harder for players to estimate when the meter will reach 00:00.
LooksRare, a decentralized NFT marketplace that went live in 2023, pays users for listing and exchanging digital goods on its site. The platform has drawn many users because of the monetary incentive for trading, and by the end of 2023, LooksRare had a larger market share than OpenSea, the long-time industry leader.
A Layer 1 platform called Camino Network seeks to offer blockchain solutions to the travel sector. Camino supports Solidity and is EVM compliant, which improves chain interoperability. As part of its effort to reward platform users, Camino is sponsoring a promotion that will give CAM token awards to the top 100 leaderboard finishers. Users must accomplish numerous missions from the Zealy quest board, such as joining various social media sites, generating a Camino wallet address, and moving up the leaderboard.
The Cosmos Hub protects a smart contract platform called Neutron. According to the Neutron team, their platform "lets smart contracts leverage cutting-edge Interchain technology with minimal overhead." The users agreed to give early ATOM stakers $20,000,000 worth of NTRN as part of Cosmos Hub proposal #72. As a result, only early adopters of the Neutron airdrop, also known as a "retrodrop," will be eligible for awards.
A Web3 infrastructure business called HexHash seeks to improve how credential data networks function. The team's goal is to arm developers with the resources and tools they need to spread the use of cryptocurrency. Hexhash is exploring several learn-and-earn programs as well as developer-focused efforts to give the community a user base eager to learn about blockchain technology and cryptocurrencies.
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