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Airdrops are a popular marketing tactic used by blockchain projects to reward early adopters, attract new users, and promote their token. By participating in airdrops, you can get free tokens just by completing simple tasks like following the project on social media or joining their Telegram group.
In this guide, we’ll cover everything you need to know about the best crypto airdrops, including how they work, how to participate, and where to find them.
Before diving further, here are some of the best crypto airdrops available in 2023:
- Telos – Earn free TLOS tokens in exchange for completing tasks
- Open Meta Trade – $10,000 giveaway in celebration of the new OMT token all-time high
- Mintlayer – The first major ML token airdrop
- OP Names – Free NFTs for Alpha Testnet users
- DeFiChain – Bringing DeFi to Bitcoin
- Human Divergence – An NFT airdrop giveaway
- Dracoo World – BAS token and 5 exclusive NFTs for gaming enthusiasts
- HexHash – $100,000 HEXH airdrop for early adopters
DISCLAIMER: This is not investment advice. The information provided is for general information purposes only. No information, materials, services and other content provided in this article constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice.
8 best crypto airdrops: Examining the best airdrop crypto projects in 2023
Crypto airdrops are a marketing strategy used by blockchain projects to distribute free tokens to their community. Airdrops can be used to reward early adopters, attract new users, and generate buzz around a project. With that in mind, here are the best airdrops currently available to crypto enthusiasts.
1. Telos – Earn free TLOS tokens in exchange for completing tasks
Telos is an Ethereum Virtual Machine (EVM) compatible blockchain built on Antelope. It allows users to deploy Ethereum decentralized applications (dApps) to power high-performance DeFi services and products.
Telos supports up to 10,000 transactions per second at just a fraction of the energy consumption of Ethereum. In addition, gas fees are very low, while new blocks are generated every half a second.
Telos Foundation, a decentralized autonomous organization (DAO) tasked with promoting and supporting the Telos blockchain development, has kickstarted a special promotion that allows users to earn TLOS (a governance token) of the Telos by simply completing various quests. The tokens are then deposited to your MetaMask or any other supported crypto wallet.
2. Open Meta Trade – $10,000 giveaway in celebration of the new OMT token all-time high
Open Meta Trade is a decentralized exchange (DEX) spanning three blockchain networks, including Arbitrum, ONUS Chain, and BNB Chain. Open Meta Trade allows users to trade cryptocurrency Futures, which is still a relative rarity among DEX platforms.
Open Meta Trade aggregates price data from various feeds to reduce liquidations risks and features a friendly interface. It also has low fees and is powered by its native model, which boosts liquidity, making it easier for crypto traders to execute trades.
Open Meta Trade is powered by the native OMT token, which recently reached a new all-time high. In celebration of the ATH, the Open Meta Trade team has announced a $10,000 giveaway which is open to all community members. Sharing links to the giveaway earns you additional entries to the airdrop.
3. Mintlayer – The first major ML token airdrop
Mintlayer is a layer 2 blockchain that leverages Bitcoin’s security to power a new generation of financial solutions, NFTs, atomic swaps, and more. It also supports decentralized finance for tokenizing equity, real estate, and other holdings in both primary and secondary markets.
Mintlayer features a number of unique features, including support for taxation, investment payouts, and other tokenomic models for utility-focused tokens. In addition, the so-called two-way pegging of digital currency assets allows digital assets to interact with one another on a single protocol.
The Mintlayer team is running an exclusive airdrop for the Mintlayer community, which will see $15,000 worth of ML tokens distributed among participants. In order to participate in the Mintlayer airdrop, users must submit their wallet address and join Telegram and Discord channels.
4. OP Names – Free NFTs for Alpha Testnet users
OP Names, or Optimism Name Service, is a Web3 service that allows users to control their digital identity easily. It is designed to work similarly to Solana Name Service in that users can set their unique name and control aggregated identities.
Eventually, Optimism Name Service aims to bring a Web3 Name Card, NFT, DAO, and decentralized hosting to life. At the moment, the service is still in the early stages of development, with the Alpha Testnet just having launched recently.
In order to join the OP Names airdrop, you need to head to the OP Names Alpha Testnet page and then switch to the Goerl testnet after connecting with your wallet. After that, you need to join the beta tester program and follow OP Names on Twitter. After doing all that and switching to the Polygon network, you’ll receive two NFTs to your wallet.
5. DeFiChain – Bringing DeFi to Bitcoin
DeFiChain is a blockchain platform designed specifically for decentralized finance (DeFi) applications. It is built on top of the Bitcoin network using a separate blockchain to provide faster transaction times and lower fees.
The native cryptocurrency of DeFiChain is called DFI. DFI is used as a medium of exchange on the DeFiChain platform and is also used to pay transaction fees. DeFiChain’s use of the Bitcoin network as a foundation provides the platform with the security and stability of a well-established blockchain, while its separate blockchain allows for greater flexibility and faster transaction times.
DeFiChain has partnered with Cake DeFi and are giving $30 to new users. In order to receive the reward, users need to deposit $50 and complete the verification process. In addition, users are also eligible to receive $10 for each user they refer.
6. Human Divergence – NFT airdrop giveaway
Human Divergence is an NFT-powered metaverse project that allows users to join one of the five different factions – Neptune, Uranus, Jupiter, Mars, and Venus – each with their own unique worlds, abilities, and traits.
The NFT metaverse projects have become quite popular lately, with the likes of Otherside, Axie Infinity, and Decentraland building exciting digital worlds.
In order to score exclusive NFT airdrops, interested users must submit their Polygon wallet address and follow the game’s social media channel on Twitter.
7. Dracoo World – BAS token and 5 exclusive NFTs for gaming enthusiasts
Dracoo World is a deck-building adventure game featuring PVE elements, PVP arena battles, and the ability to create and customize your own Dracco team. Each Dracoo is represented as an NFT and can be evolved by using the game’s native DRA tokens.
Dracoo World is a dual token system, as it features BAS tokens in addition to DRA tokens. BAS can be used for staking, liquidity providing, NFT farming, and other blockchain-specific purposes.
In celebration of Dracoo World development, the team is running a special promotion that will reward 10,000 BAS and 5 NFTs to eligible participants. The only thing required for participation is to follow the various social media channels of the Dracoo World team.
8. HexHash – $100,000 HEXH airdrop for early adopters
HexHash is a Web3 infrastructure company that aims to enhance the way credential data networks currently operate. The team’s mission is to provide developers with the necessary tools and resources to increase the adoption of crypto.
In addition to developer-focused initiatives, Hexhash is pursuing various learn and earn programs as well, designed to build a community of users eager to learn about blockchain technology and cryptocurrencies.
To this end, HexHash is running an exclusive $100,000 promotion that aims to distribute 1 million HEXH tokens among participants. To participate in the promotion, you need to fill out the airdrop form and complete 4 social tasks that are listed.
Where to get the latest crypto airdrops?
One of the easiest ways to stay on top of the latest airdrops is to use specialized crypto airdrop sites. AirdropAlert, Aidrops.io, AirdropMob, AirdropKing.io, and AirDropBob, are generally considered the 5 best airdrop websites.
Each of the above-mentioned crypto airdrop platforms provides various features, so it might be a good idea to try them out before settling for your favorite.
Can you make money from crypto airdrops?
Yes, it is possible to make money from crypto airdrops. A crypto airdrop is a distribution of free cryptocurrency tokens or coins to the wallets of existing holders or users of a particular blockchain project. Airdrops are usually used as a marketing strategy to create awareness and promote the adoption of a new cryptocurrency project.
Once you have completed the required tasks, the cryptocurrency tokens or coins will be deposited into your wallet. You can choose to hold on to these tokens or coins in the hope that their value will increase in the future, or you can sell them immediately on a cryptocurrency exchange to make a profit.
Is it safe to participate in crypto airdrops?
Participating in crypto airdrops can be safe, but it also carries some risks. It is important to note that not all airdrops are genuine, and some may be scams. Therefore, it is essential to do your own research and ensure that you are participating in a legitimate airdrop from a trustworthy project.
To minimize these risks, it is important to do your due diligence before participating in any airdrops. Research the company or project behind the airdrop, and be wary of any requests for personal information or private keys. It is also important to keep your cryptocurrency assets secure by using a reputable wallet and enabling two-factor authentication.
The bottom line: Participating in crypto airdrops allows you to earn free crypto
Cryptocurrency airdrops are one of the most popular ways of earning free crypto, but they are not the only way. Cryptocurrency faucets are another method for earning free crypto and using them to test various dApp use cases. Solana faucets and BNB faucets are among the most popular, for instance.
If you are interested in non-fungible tokens (NFTs) specifically, you can check our article on how to get free NFT drops, which covers everything from airdrops to NFT calendars, and more.