Airdrop hunting is an integral part of the web 3 culture. It is an active way to search for new and interesting projects in the crypto space with the intention of contributing to the network and getting rewarded. For new entrants into the Web 3 space, this can be a viable way to learn and earn without investing your personal funds. However, this entire process of finding new projects and performing several tasks to earn an airdrop can be time-consuming and in most cases fruitless. Also, there is a considerable risk associated with trying new projects as your security is a risk. If this doesn't deter you, and you are willing to set out time occasionally to try new blockchains then this is the right post for you.
In this post, I cover a number of crypto projects that are likely to airdrop their tokens to their community. I will go over basic things like the project's tokenomics and partnership to give you some insight into these projects, so you can decide where to invest your time. I will highlight four major projects in this post. Two are on testnet and the other two are on Mainnet. So without further ado, let's get started.
VENOM
Venom is a base layer blockchain that aims to bring abouut mass adoption of blockchain technology while also adhering to regulatory guidelines. It also aims to solve the scalability issue plaguing most blockchains through dynamic sharding increasing its chain TPS.
Venom Foundation (a licensed company by the Abu Dhabi Global Market) launched its public testnet in April 2023 with an array of dapps namely: Venom Wallet, Venom Scan, Venom Bridge, etc. They are inviting the public to help test their chain and there is about 22% of its future token set aside for its community.
Interacting with the Venom blockchain is quite simple. Download the Venom wallet app on Play Store or Chrome, explore its array of dapps and build your transaction volume. You can interact once a week for less than 30 minutes. It cost nothing (but your time)
To find out more about Venom visit their website
ZETACHAIN
ZETACHAIN is a public blockchain that enables omnichain and generic smart contracts to interact with any blockchain. The chain aims to solve cross and multi-chain swaps (quite similar to Thorchain).
ZetaChain is currently in Testnet and has a token called ZETA which will be transferable to different blockchains. There are no official statements about an airdrop, however, ZetaLabs is currently running an incentivised campaign where contributors earn ZetaPoint. It is believed that these points would be converted to tokens at the launch of its Mainnet.
How to participate
- Sign up ZetaChain Testnet with Twitter
- Connect Your ERC-20 Wallet
- Request Testnet Tokens For your Swaps (gEth, Zeta, etc)
- Complete a cross-chain swap
For a more detailed explanation of these tasks kindly click here.
LINEA
Linea is a layer 2 blockchain on the ETHEREUM network that combines zero-knowledge Cryptography with a full ETHEREUM Virtual Machine to build a scalable blockchain that allows for the development of Decentralised applications and the seamless transfer of value across at low cost.
Linea is the brainchild of ConSenSys, the research and development firm behind MetaMask. This is one of the reasons behind the excitement of this project. They are well-funded and there is a significant chance of an airdrop.
Currently, Linea just moved to Mainnet. However, Testnet testers are going to be airdropped an NFT for their contribution. There is a likelihood that Linea would launch its own token. So it is advisable to interact on the chain and use its various dapps to build transaction value.
I will suggest you have at least $100 worth of ETH to interact on Linea. Perform different swaps and try out new dapps. Transacting on Linea cost money, so you will need to add to your funds occasionally. It is important that you interact organically. I will suggest you find a game on the chain you can play periodically and occasionally swap your tokens to build transaction volume
ZKSYNC
Zksync is arguably one of the most talked about projects in the crypto space currently. It is a layer 2 solution on the ETHEREUM network, similar to Linea and other EVMs. The rules remain the same: interact with as many protocols as possible on the chain to increase your transaction volume.
CONCLUSION
So these are the top four(4) projects on my list. There are several out there but it is also important not to spread yourself thin. It can be a futile pursuit and open you to huge risks. I have strong convictions that one of these four projects will airdrop their tokens and its value will compensate for the time and effort used to farm them.
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