Best Crypto Airdrops | Best Giveaways | September 2023. Looking for some genuine crypto airdrops or crypto giveaways? Airdrops are gradually gaining popularity in the cryptocurrency market. Airdrops are an innovative way to grant rewards to crypto users for sharing their ideas and support to the crypto community. Here we are going to discuss the best crypto airdrops and their importance in the crypto market.
Polkaswap
Polkaswap is an advanced platform that allows you to swap tokens between the Polkadot and Kusama networks, as well as their Parachains. Right now, they’re hosting an airdrop event.
To take part, all you need to do is create a SORA account, engage in trading, and provide liquidity on Polkaswap. What’s in it for you? Well, this airdrop offers a total of $34,000 worth of XSTUSD tokens to users who complete simple tasks. On top of that, you have the opportunity to earn up to $140 worth of XSTUSD by completing these tasks. And if you refer your friends, there’s a chance to increase your rewards even further. The top 10 referrers could receive up to $1,000 worth of XSTUSD.
Pika Protocol
Pika Protocol is an Ethereum-based decentralized perpetual swap exchange that provides users with high leverage and deep liquidity. It operates as a permissionless smart contract, seamlessly integrating with the entire DeFi ecosystem. Unlike other decentralized exchanges that rely on off-chain order books controlled by centralized teams, the Pika Protocol is a trustless protocol that allows trading directly from other smart contracts. This month, Pika Protocol is starting an airdrop to reward early users of the platform. They will be distributing a total of 6. million PIKA tokens to these users.
GoMining
GoMining token (GMT) is changing the game in cryptocurrency mining. They’ve come up with a super easy solution that doesn’t require expensive equipment or a ton of technical know-how. Plus, their token, GMT, also acts as a way to prove you’re a legit user in their system. It’s pretty cool because now anyone can get into crypto mining without having to spend a bunch of money upfront or deal with all the complicated stuff.
As part of the Zealy airdrop program, GoMining is giving away a whopping 225,000 GMT tokens (which are worth about $30,000). All you have to do is complete Zealy quests to earn XPs, and you’ll have a better chance of scoring some awesome rewards.
Wall Street Memes
Wall Street Memes wants to help tokenize the retail movement against Wall Street’s control over financial markets. Right now, Wall Street Memes is giving away 50,000 WSM tokens to 5 lucky participants in a giveaway. We will randomly select 5 winners, and each winner will receive 10,000 WSM tokens.
Metatime
Metatime is a blockchain that tackles the speed, security, and scalability challenges faced by blockchain networks by using the Proof of Meta (POM) consensus mechanism. With POM, users have the flexibility to select the mining method that best suits their hardware capabilities.
Metatime is currently hosting an airdrop event where they are generously giving away a whopping 200,000,000 MTC tokens. The top 100 participants will have the opportunity to share 20,000,000 MTC tokens among themselves. As for the remaining participants, they will receive a portion of the prize pool based on their rankings on the leaderboard.
WuuTrade
WuuTrade is an innovative financial platform that stands out from the rest. We’ve completely changed the game by introducing a fresh approach to the financial markets, making trading a truly enjoyable experience. Our dedicated research and development team is constantly working on enhancing WuuTrade to ensure it excels in the financial markets. With WuuTrade, you can explore historical charts of your preferred financial instrument and trade at an accelerated pace.
LooksRare
LooksRare, which was introduced in 2022, is an NFT marketplace that operates in a decentralized manner. It stands out from the competition by offering users rewards for both trading and listing digital items on its platform. This unique rewards system has proven to be quite enticing, attracting a significant number of users. As a result, by the end of 2022, LooksRare had managed to surpass OpenSea, the long-standing leader in the NFT market, in terms of market share.
Currently, LooksRare is in the midst of its second season of the rewards program in September 2023. As part of this program, they are airdropping a whopping 5,000,000 LOOKS tokens to those who achieve high rankings on the leaderboard.
Network of Caminos
To help the tour business use blockchain technology, Camino Network is a platform at Layer 1. It’s easier for different chains to work together because Camino works with both EVM and Solidity.
To reward users of the platform, Camino is running a promotion where the top 100 leaderboard finishers will receive CAM token rewards. To climb the leaderboard, users need to complete various quests from the Zealy quest board. These quests include joining different social media channels, creating a Camino wallet address, and more.
How do Airdrops Work?
In cryptocurrency, the term “Airdrop” is used for the event when utility tokens are distributed for free to crypto users who take part in a token sale. However, some projects distribute airdrops without an ICO launch.
Airdrops are a marmmick used to attract crypto users to take part in an ICO. Users can get these free coins irrespective of their geographical location, sitting anywhere in the world. However, some airdrops are subject to state jurisdictions and regulations.
To receive airdrops, users must produce a KYC (Know Your Customer) form. This is a method to verify legitimate users in the network. Verified users must produce their wallet address to receive the coins.
How do Airdrops Work?
Airdrops are fresh tokens that are distributed for free. The launch of an ICO to attract the attention of potential customers. Airdrops can be used for upcoming ICOs. Or established blockchain networks to help investors differentiate between old tokens and fresh new tokens.
Best Crypto Airdrops | Best Giveaways | September 2023. Fintech companies that use financial technologies use airdrops to lure new investors. Market their upcoming projects in the crypto world. Interested users have to complete certain protocols and protocols and let addresses days before the airdrops are generated in the market.
Why do Airdrops issue tokens for free?
In simple words, airdrops are just like business promotional campaigns or trade fairs where companies distribute free samples to advert products.
Airdrop is a marketing strategy whereby companies try to spread the word about their new project. Airdrops allow exchanging their crypto coins for money. People who sign up for the projects spread the word to their families, friends, and other crypto users and this is how the campaigns gain excess to millions of crypto users.
Conclusion
Crypto airdrops are the next big thing and are one of the most effective marketing strategies to launch new cryptocurrency projects. But the bad news is that airdrops are not completely devoid of scams. Investors who want to participate in airdrops must educate themselves about the legitimacy of the project. Beware of projects that want you to state your private keys or ask you to send funds during any time of the process.