Imagine receiving free cryptocurrency just for completing a few easy steps – no strings attached. That’s the magic of airdrops, which has grown into a popular promotional strategy in the blockchain world. Airdrops allow crypto projects to distribute tokens directly to users as a way to reward loyalty, expand their community, and generate buzz.
Participating in airdrops can be a simple and rewarding way to grow your crypto portfolio. In this article, we’ll explore the ins and outs of crypto airdrops and take a look at some of the best crypto airdrops to look out for in 2024.
List of 9 best crypto airdrops in 2024:
- Berachain: EVM-Identical Layer 1 blockchain utilizing Proof-of-Liquidity (PoL) consensus for innovative governance and staking rewards.
- Pontem Liquidswap (LSD): The first AMM on Aptos, offering airdrops to early adopters and active community members.
- Acki Nacki: A next-gen blockchain platform with dual consensus, offering airdrops through engaging tasks and games.
- Grass: A Layer 2 rollup on Solana rewarding users for contributing idle bandwidth for AI training, with future airdrops anticipated.
- Base: A Layer 2 network built on Ethereum by Coinbase, likely to reward users through an upcoming airdrop for early network engagement.
- Solayer: Solana-based restaking protocol providing additional yield opportunities with potential airdrop rewards for active participation.
- HashKey (HSK): Native token of HashKey Group’s ecosystem, offering airdrops for engaging with their digital asset services.
- Linea: An Ethereum Layer 2 solution using zkEVM technology, likely to reward active ecosystem participants with airdrops.
- Scroll: A high-throughput ZK Rollup project scaling Ethereum, with anticipated airdrops for users involved in testnet and community activities.
9 best crypto airdrops: Examining the top airdrop crypto projects for 2024
As good as it is that crypto airdrops have become very popular, there’s a downside to it – it can be hard to differentiate between the good and the bad.
That’s why we’ve compiled a list of 9 best crypto airdrops that you can find in 2024. Bear in mind, some of these airdrops are already confirmed, while some haven’t been 100% confirmed, but we feel confident they will be confirmed.
1. Berachain
Berachain is an EVM-Identical Layer 1 blockchain, built on the Beaconkit framework, a Cosmos SDK-based framework that enables developers to build execution layers tailored for the Ethereum Virtual Machine (EVM). This design allows developers to directly deploy their Ethereum-based apps onto Berachain without needing to modify their application, while also enabling Berachain to adopt the latest EVM updates seamlessly.
Berachain operates on the Proof-of-Liquidity (PoL) consensus mechanism, which extends Proof-of-Stake by introducing a soulbound governance token. This mechanism separates token responsibilities and distinguishes gas tokens from governance tokens used to determine staker rewards.
To contribute to the consensus layer, users need to provide liquidity by committing the native BERA coin or other accepted tokens, receiving BGT (BeraChain Governance token) for delegation to validators.
Berachain has secured over $140 million through multiple funding events. Although a community airdrop is yet to be announced, participants in the public testnet program and other promotional activities expect rewards for their contributions, similar to previous airdrops from other protocols.
To improve your chances of benefiting from a potential BERA airdrop, participate in the testnet program and engage in social media promotional activities. This active engagement with Berachain could make you eligible for future token distributions.
2. Pontem Liquidswap (LSD)
Pontem, in partnership with Aptos, has developed key decentralized applications and infrastructure, including Liquidswap, the first automated market maker (AMM) on the Aptos network. As part of its broader strategy to advance global financial inclusion through blockchain technology, Pontem is conducting an airdrop of its LSD token.
The LSD token plays a vital role within the Liquidswap ecosystem, handling governance, transaction fees, and staking. The airdrop distribution is structured to benefit various groups: 49% is reserved for early adopters, 24% for later users, and 27% for the broader community.
To participate in the airdrop, users need to connect their Aptos wallet to the Pontem Liquidswap claim page. Eligible participants include those who traded or provided liquidity before April 7, 2024, as well as holders of community NFTs, meme tokens, product testers, and ambassadors.
3. Acki Nacki
Acki Nacki is a next-gen blockchain platform designed to offer high scalability, fast transaction finality, and gas-free transactions. It utilizes a unique consensus protocol called Acki-Nacki, which is a dual consensus system that combines acknowledged and not-acknowledged states to enhance network security and performance.
This protocol aims to be more secure than Bitcoin and faster than Ethereum.
They have launched an airdrop campaign in two phases. In the first phase, users can earn “Boosts” by inviting friends and completing tasks. In the second phase, these Boosts will enhance their rewards when the tokens are distributed.
To participate in their crypto airdrop event, you need to launch the Acki Nacki Telegram bot. The next step is to play the game on your phone and farm as many boosts as you can and earn $NACKL tokens before Phase 2 begins.
If you complete the tasks required, you will share the prize pool according to your achievements. However, the end date is August 29, so act quickly.
4. Grass
Grass is a Layer 2 Sovereign Data Rollup on Solana. It’s garnered significant attention for its innovative approach to leveraging idle internet connections for AI training. Essentially, you install the Grass application or browser extension and delegate unused bandwidth, which is used to contribute to large-scale scraping operations efficiently.
In return, users earn points that Grass has promised will lead to monetary rewards. A good guess for what form these rewards could take is future airdrops, although no official announcement has been made. Grass emphasizes data privacy and security, and uses a zero-knowledge processor to train AI models without exposing user data.
Simply put, Grass’s Points program rewards you for running the application in the background while browsing.
5. Base
Base is a Layer 2 blockchain network built on Ethereum, developed by Coinbase. It aims to enhance the scalability, speed, and cost-efficiency of the Ethereum network while maintaining its security and decentralization.
It’s the 2nd largest Ethereum L2 with almost $7 billion in TVL (Total Value Locked)
Their token is not launched yet, so there are no certainties at the moment. However, it’s very likely that will happen in the foreseeable future, and there will probably be an airdrop associated with it.
Typically, you’d do well to get started with using Base network now, since that’ll likely be one of the criteria for who’s getting the airdrop.
Join the Onchain Summer campaign on Coinbase’s platform, connect your wallet, and complete various tasks.
6. Solayer
Solayer is a Solana-based restaking protocol that allows you to restake your staked assets, such as SOL and various liquid staking tokens (LSTs). This restaking process increases the security of the base layer but also optimizes the use of your staked assets because it gives you new yield opportunities. Basically, you can stake your stake and receive SSOL tokens.
Solayer takes advantage of Solana’s fast and efficient infrastructure to offer improved transaction throughput and enhanced liquidity.
To participate in the Solayer airdrop, engage with the platform actively.
Use the Solayer website and connect your Solana wallet. Link your Discord and X accounts and use an invite code. Play around on their platform, deposit your SOL into the (re)staking pool. There haven’t been official announcements yet, but it’s safe to assume that – the more you deposit, the better, and the longer your SOL is deposited – the better.
7. HashKey (HSK)
HashKey (HSK) is the native platform token of HashKey Group, a digital asset financial services provider in Asia. The token is designed to facilitate various functions within its ecosystem, which includes a licensed virtual asset exchange and a range of digital asset services.
HSK is built on the ERC-20 standard and has a total supply of 1 billion tokens. The token is intended to support ecosystem growth, enable community rewards, provide transaction fee discounts, and facilitate access to exclusive token pre-sales and governance within the HashKey Chain
HSK will be used for community rewards, transaction fee discounts, exclusive token pre-sales rights, and cross-platform ecosystem collaborations.
To participate in the HSK airdrop, log into their Telegram bot. You’ll receive a small amount of HSK tokens immediately, and you can get more by inviting others. You can also increase your allocation by playing their mini-game.
Eligible participants must connect their wallet and pass eligibility checks to maximize token allocation. The airdrop started in June, and tokens can be claimed before the official listing in Q3 2024.
8. Linea
Linea is an advanced Ethereum Layer L2 solution developed by the same guys who developed Metamask – Consensys. Linea uses zero-knowledge Ethereum Virtual Machine (zkEVM) technology, replicating the Ethereum environment to allow developers to deploy smart contracts with lower transaction costs.
The expected Linea token will be used for transaction fee payments, governance, and staking within the ecosystem.
To participate in the potential (but extremely likely) Linea airdrop, you should frequently interact with the Linea ecosystem. Start by using the official Linea Bridge to transfer ETH from Ethereum mainnet to Linea mainnet. Engage with dApps like SyncSwap and PancakeSwap – make trades and add liquidity.
Participate in the Linea Voyage campaign -which is their points program – by completing weekly tasks and minting NFTs. Regular transactions and active participation in ecosystem activities can increase your chances of eligibility.
9. Scroll
Scroll is focusing on high-throughput ZK Rollup technology. This project leverages zk rollups to scale Ethereum, enhancing efficiency by bundling transactions.
Scroll’s approach aims to greatly increase network throughput while maintaining security and transparency. The project has already raised over $80 million across funding rounds, which indicates strong investor support and potential for future growth.
The airdrop isn’t a 100% sure thing yet, but their testnet program has been active for some time now, and historically, projects like this typically provides their users with crypto airdrops. Scroll‘s eligibility criteria will likely center around community engagement and testnet participation. Users who actively contribute to the project’s development and ecosystem by providing liquidity or participating in test activities can earn points.
What are crypto airdrops?
Crypto airdrops are free distributions of cryptocurrency tokens or NFTs to a predefined set of people in hopes of increasing the token’s visibility and usage. These distributions often serve as marketing tools for projects to build a community and stimulate trade.
How airdrops work
Airdrops can be broadly categorized mainly into holder airdrops and bounty airdrops.
- Holder airdrops involve automatically dropping tokens into the wallets of users who hold a specific coin at a particular time or snapshot.
- Bounty airdrops reward users with tokens for completing tasks, such as joining Telegram groups, retweeting, liking posts, and referring new people.
Prominent projects like Uniswap have distributed governance tokens to their early users, which greatly boosted their adoption and value.
If you participate in these free giveaways, you not only gain free crypto tokens but also contribute to the project’s growth and liquidity.
And just to make it clear, when we say “free,” we mean that you typically don’t pay for it with money, but you do pay for it with something, either engagement on social media, inviting other people, or using their tools.
Where to get the latest crypto airdrops?
There are several reliable sources that provide up-to-date information and opportunities. These are the best websites for crypto airdrops that aggregate the latest crypto airdrops, making it easy to find and participate in current and upcoming distributions.
Also, communities on various platforms actively list and discuss upcoming airdrops, and you can get valuable insights and resources.
Can you earn money from crypto airdrops?
Earning money from crypto airdrops is possible for sure, though it depends on how well you understand and engage with the airdrop mechanisms. Projects can offer airdrops to reward early adopters and community contributors by providing free tokens or NFTs. These tokens can be sold on cryptocurrency exchanges, potentially generating income.
Just imagine if you were given a crypto airdrop of a highly successful project, e.g., Uniswap. You would have gotten a small fortune, assuming you were patient enough to wait for the price of the token to take off.
So, yes, staying active in project ecosystems, following airdrop announcements, and participating in required tasks can help you earn money from crypto airdrops.
Are crypto airdrops safe?
Engaging with crypto airdrops can be a lucrative opportunity, but it also involves significant risks. Airdrops are ‘free’ distributions of new cryptocurrencies to existing users, typically to generate buzz and increase community participation. However, they can attract malicious activities such as phishing scams, wallet hacking, and rugpulls.
In many instances, users are required to complete tasks that expose their sensitive information, which makes them vulnerable to fraud. Moreover, airdropped tokens may have little to no value initially, so you end up holding worthless assets for a long time (or potentially even forever).
The lack of regulations in the cryptocurrency space exacerbates these risks, as fraudulent projects can exploit users without facing legal consequences.
Always make sure that the airdrop is conducted by a reputable developer, and never submit sensitive information unless absolutely necessary. Stay informed and careful, and remember – it’s always better to err on the side of caution.
The bottom line – Participating in crypto airdrops allows you to earn free crypto
Cryptocurrency airdrops are one of the most popular ways of earning free crypto, but they are not the only way. Cryptocurrency faucets are another method for earning free crypto and using them to test various dApp use cases. Solana faucets and BNB faucets are among the most popular.
Also, don’t forget that there are risks involved with crypto airdrops, and while they’re a great way to get crypto, don’t forget to do your due diligence.
