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More than 57, addresses claimed the airdrop. Users with over 3 ether in transaction volume on OpenSea between June 16, , and Dec. As a crypto airdrop is primarily designed for promotional and marketing efforts, it can be tricky to ensure you are eligible for future events. Every airdrop has individual requirements to assess eligibility, although most of them are easy to find. An airdrop involving a blockchain snapshot is often communicated after the fact, making qualification difficult.
However, there are other options to explore:. The main requirement for receiving crypto airdrops is having a cryptocurrency wallet with a balance. One can't receive or claim an airdrop without having a wallet address. Using an exchange address is convenient but not suitable for airdrops. Instead, users should look into the various cryptocurrency wallet solutions they can use to store their funds. MetaMask is one of the most popular wallets to use. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
CoinDesk is an independent operating subsidiary of Digital Currency Group , which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights , which vest over a multi-year period.
CoinDesk journalists are not allowed to purchase stock outright in DCG. During a shortened week in traditional markets, with U. For now, the hackers appear to be winning. Obama-era Treasury veteran Michael Barr must still win a difficult Senate confirmation. The blockade only applies to the Tornado Cash front-end, not the underlying smart contract, one of the protocol's founders later tweeted. What Is a Crypto Airdrop?
Follow Nikopolos on Twitter. Following an account on social media. Sharing or retweeting one of their posts, including hashtags. Sending or receiving a transaction using a particular crypto platform or wallet. Creating an account and signing up to receive updates. Why do crypto airdrops exist? How do crypto airdrops work and are they safe? There are multiple ways to conduct a crypto airdrop:. Have users complete one or multiple small social tasks to qualify for receiving the airdrop at a later date.
Automatically distribute tokens to holders of a particular asset or balance on the blockchain where the airdrop will occur. For instance, every address with a balance of 0. Taking a blockchain snapshot at a previous date and letting users claim their airdrop tokens from the project's website through a smart contract. Examples of crypto airdrops.
The cryptocurrency industry has recently seen a few crypto airdrops that took users by surprise. How can you become eligible for a crypto airdrop? Find dedicated crypto airdrop websites you will usually get a notification via email - similar to signing up for promotions from a store you regularly buy from.
Check social media for the airdrop hashtag and see if anything new has happened. Be an active user of different cryptocurrency services, products, platforms and blockchains. Explore cryptocurrency-related forums and news portals for mentions of a recent or upcoming airdrop. This article was originally published on Jan 18, Sign up for Money Reimagined, our weekly newsletter exploring the transformation of value in the digital age.
Sign Up. An example of a holder airdrop is Byteball, which was initially distributed to Bitcoin holders. These types of drops can create excitement which often results in significant price action for the particular coin. Participants with strong hands were able to generate notable wealth by merely holding these airdropped coins through their volatile growth. We highly recommend to hodl your airdrops as long as possible. There is no doubt that the majority of crypto projects out there are worthless and they will fall to zero, but we bring you projects in which we see future potential.
Some of these projects will be very successful, and if you decide to hold onto their tokens, your future self will be thankful. Check out our holder airdrops section to find out about the latest airdrops for holders of specific coins. For taking part in bounty airdrops, you will likely need active accounts on social media sites such as Facebook, Twitter, and Telegram. You should also have a Bitcointalk. Most bounty drops will require you to join a Telegram group and share posts on Facebook and Twitter.
After completing the steps to reserve rewards, you will often need to fill out a form with your username and wallet address. A hard fork is when a cryptocurrency splits into two separate currencies. The first hard fork was Bitcoin Cash which was split from Bitcoin at block , on August 1st, Bitcoin forks and the forking of other chains became popular since then. We list hard forks for mostly informative purposes, but also because we see them as dividends and similar to an airdrop.
We are not able to verify the safety or legitimacy of hard forks, so always be cautious and make sure to claim forks with the private key of an empty wallet. Uniswap introduced a new unique concept of airdrops by retroactively distributing their new governance token UNI to early Uniswap users that interacted with the protocol through trading or liquidity provision.
Every wallet that interacted with the protocol before the snapshot is able to claim at least UNI. Some users made millions of free money from the Uniswap airdrop. Those so called retroactive airdrops gained traction and several DeFi protocols soon followed. The following list shows an excerpt of DeFi protocols that distributed their governance tokens to early users:. You want to know what procotols do not have any governance token yet and could be worth an interaction to be counted in for some potential future airdrop?
Stay tuned, we will launch a Retroactive DeFi Airdrops section soon! So called non-fungible token NFT are unique and non-interchangeable tokens stored on a digital ledger that can be used to represent real or virtual assets like artwork, photos, or other types of digital files. Tokenized artworks became extremely popular in and some NFTs gained a lot of value. We also see a rise of projects and artists that decide to airdrop their newly minted NFTs for free to increase awareness by incentivizing new users.
Exclusive airdrops are hosted and managed by airdrops. If you have any questions regarding our exclusive airdrops, or if you would like us to host your airdrop, contact us by email at [email protected]. Although we strive to list only legitimate projects, we are not responsible for any problems or losses caused by scams or inaccurate information.
Make sure you never share your private keys! DAO Labs. DeFiChain Airdrop. Permission Airdrop.
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