An Airdrop is a marketing stunt in cryptocurrency business that involves sending coins or tokens to various wallet addresses to promote awareness of a new digital currency in the market.
What is an Airdrop?
An Airdrop involves the distribution of a new cryptocurrency to raise awareness and to build members quickly, and help to place value on a new token or coin.
Where Can You Get Airdrops?
Airdrop are means through which new tokens or coins are being distributed to the target customers to create notice for that particular digital currency. These airdrop are usually earned from new projects and to claim them, sometime demand doing daily task or referring people to the coin or token. Some of the places where one can get these airdrop are :
Can You Earn From Crypto Airdrop?
Have you ever asked yourself, can I earn money with crypto airdrops? You’re not alone. Thousands of people across the world have wondered the same. As a result, these free airdrops are promoted across dozens of airdrop websites.
We’re not talking about a little bit of extra money. No, we’re discussing the possibility to make money with airdrops in a big way. Yes, you can earn from crypto airdrop but by performing some activities such as :
- Participating in multiple airdrop projects
- Referring people to airdrop projects.
- Performing daily activities to earn.
- Learning more about cryptocurrencies and earn.
- Creating many wallets as you can and start collecting free coins.
- Hunting for different bonuses on exchange platforms.
Top Upcoming Airdrop of 2021
Airdrop are effective marketing strategy by which various cryptocurrency projects are being distributed and sent to multiple wallet address. Some of the upcoming airdrop you can look out for are :
Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Raydium has a first-mover advantage as an AMM within Serum and will be an integral part of bringing new and existing projects and protocols into the ecosystem.
Raydium is airdropping a total of $100,000 worth of RAY to airdrop participants who complete simple tasks.
Altair combines the industry-leading infrastructure built by Centrifuge to finance real-world assets (RWA) on Centrifuge Chain, with the newest experimental features — before they go live on Centrifuge Chain. It is the network for users who want to test the bounds of asset financing. It enables users to tokenize their most experimental assets and finance them.
Shield is building a one-of-a-kind decentralized protocol for future derivatives infrastructure, enabling global borderless access to finance. They plan to decrease the gap between the trading experiences of DeFi and CeFi platforms, enabling traders from cryptocurrency and non-crypto currency fields to become a part of the DeFi ecosystem.
Shield is airdropping a total of 4,085,754 SLD to early supporters who have done various actions
DeFiChain is a blockchain specifically dedicated to decentralized financial applications. By focusing on the functionality of the blockchain and dedicating it specifically to decentralized finance, the DeFi Blockchain provides unparalleled high transaction throughput, reduced risk of errors, and intelligent feature development specifically to fulfill financial services on the blockchain.
hi is leveraging blockchain technology to build services that are community-powered. Members of hi are the key stakeholders of the ecosystem and the business is committed to maximize membership value – not profits. hi is airdropping 2.5 HI per day for answering simple questions.
SwissBorg is a fintech based in Lausanne Switzerland. Having raised $50M with its ICO in 2018, SwissBorg is building a crypto wealth management platform. It is airdropping free BTC and CHSB tokens to new users and they can participate by downloading the Community App and doing simple tasks.
A currency is nothing if not widely used, and that can’t be achieved unless people make effort to encourage widespread usage and this is possible through airdrop.
Hopefully you now have an idea on the upcoming airdrop projects and how to make money with it.