These 5 Potential Projects Can Look Forward To If You Miss ARB Airdrop

Key Points:

• Arbitrum, Blur projects have launched the airdrop and attracted the attention of the community.
• There are 5 potential projects to airdrop in the near future including: zkSync Era, Sui Network, LayerZero, Lens Protocol, Starknet.

Users of cryptocurrency who connect with new and current platforms on a frequent basis are likely to get airdrops at some point. Airdrops are marketing initiatives in which blockchain-based organizations and developers distribute free tokens to community members.

In recent times, airdrop events have attracted the attention of the crypto community. From the NFT blue chip Blur project to the top Layer 2 in Ethereum today, Arbitrum.

However, it is not always possible to know the airdrop possibility of the project (as is the case with Optimism). Here, Coincu will list 5 potential projects for airdrop in the near future. If we join early, we will have the ability to receive huge profits.

But first, let’s see what the definition of airdrop is.

What is a crypto airdrop?

Cryptocurrency projects place a high value on incentivization to promote interest in their brand and product, and airdrops are meant to expose consumers to the project while also rewarding them as a dual marketing and incentive system.

Using the testnet is one of the most prevalent strategies to increase your eligibility for fresh airdrops.

To be eligible for the free gift, a receiver may need to have a certain number of cryptocurrencies in their wallet. Instead, users may be required to do a specific activity, such as discussing the currency on a social media platform, interacting with a certain member of the blockchain project, or publishing a blog post.

The fundamental goal of a crypto airdrop is to promote a blockchain business, initiative, or service. The project may bootstrap its business and guarantee a fair distribution of tokens among its community from day one by releasing tokens to users.

Moreover, once the token starts trading on an exchange, beneficiaries are encouraged to raise awareness and assist the initiative to reach a wider audience. The greater the interest in the token, the more probable it will grow in value.

Airdrops are often promoted on a project’s website, cryptocurrency forums, and social media.

Authentic crypto airdrops will never require consumers to deposit anything. Instead, it is a means of distinguishing oneself from rivals who have sought external backing before releasing their tokens.

Top 5 potential projects that may airdrop in the near future

zkSync Era

This year, zero-knowledge cryptography is becoming a prominent issue. It is used by zkSync Era as well as Polygon and Starknet. This Layer-2 rollup on Ethereum might be a game changer, propelling Ethereum to broad adoption.

Although zkSync lacks well-known names, they do have the advantage of being EVM-compatible. Following the recent airdrops of ARB and Optimism’s OP tokens, talk has moved to ZKSYNC for the next probable airdrop.

When the zkSync Era debuted the mainnet and was solely available to developers, zkSync formally stated on March 24 that the zkSync Era is now available to all users.

Nevertheless, the Twitter community has begun to speculate that the token may be released soon, and users are being encouraged to begin performing transactions on the newly formed zkSync Era network in order to qualify for future airdrops.

Sui Network

Sui Network, like Aptos, is a Layer-1 blockchain network. In March 2023, Mysten Labs started a Wave to Mainnet campaign. They will host a series of events and provide material to educate their audience about the network and the Sui protocol’s possibilities. Engaging in these campaigns seems to be an excellent method to improve your chances of receiving the SUI token airdrop.

Sui aspires to be a step-function breakthrough in blockchain technology, allowing artists and developers to create experiences for web3 consumers.

Former top officials of Facebook’s (Meta) advanced blockchain research and development group founded the project. Move, an open-source smart contract programming language, is also being developed by the team.

There is currently no UI token airdrop available. The Sui team, on the other hand, has said in a blog post that they would prioritize the issuance of SUI tokens to early community members. Sui’s token allotment will also include people who are already disseminating Sui information, enrolling developers, and testing and enhancing its apps.

Sui launched an SUI token airdrop for its Testnet Wave 1 and 2 validators in August 2022. For each “wave” of the testnet, 2,000 SUI were issued. While registration has ended, a third testnet “wave” is still possible.

LayerZero

LayerZero is an Omnichain-based inter-chain communication mechanism. Layer Zero makes use of Oracle technology to simplify information transmission across apps developed on various blockchain networks.

Its connectivity across blockchain networks goes beyond basic asset bridging. LayerZero’s solution aims to unify all blockchain networks by enabling apps created on one chain to rent infrastructure from other chains.

LayerZero does not currently have its own token, but it has collected a total of $173.3M in investment from investors such as Alameda Research and Andreessen Horowitz, so a token is quite likely to be launched in the future. Users that utilize LayerZero-powered dApps may be eligible for an airdrop if they create their own coin.

You might explore providing liquidity, staking STG tokens, or voting on DAO proposals for Stargate, which was one of the original protocols on LayerZero.

Lens Protocol

Lens networks is one of the projects that has significant growth potential but has gotten little attention.

The project’s goal is to give creators control over the ties that connect them to their community, resulting in a fully aggregatable social graph. Lens Protocol provides social network members with the benefits of decentralization.

Lens Protocol is the underlying protocol upon which decentralized social networking dapps are built, beginning with Lens Profile and the domain “abc.lens.” This ecology is currently expanding with very rapidly development.

While Lens does not yet have a token, many individuals have considered the LENS token since the project’s inception. It is also a project in the SocialFi category, which has lately grown and is expected to be a trend in the near future. Recently, the Hooked Protocol was made available for sale on Binance Launchpad, drawing attention to SocialFi enterprises.

Since Lens Protocol is still not widely used in comparison to other dapps, the odds of getting the airdrop are greater. Lens is also the foundation project, and tokens of the L1 Platforms are often more valuable.

Starknet

Starknet, like zkSync, is an Ethereum scaling solution created by StarkWare that also uses Zero Knowledge Proofs. Although they are still in alpha, the upcoming testnet might be an excellent chance for crypto consumers to engage on a new network while perhaps qualifying for an airdrop.

StarkWare also collaborated on StarkEx, a scaling solution utilized by the fantasy sports site Sorare, the gaming platform Immutable X, and the DeFi platform dYdX. Starknet’s mainnet launched in November, and skilled airdrop hunters have already placed millions of dollars into the Starknet network.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

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