Airdrops are a popular marketing tactic used by blockchain projects to reward early adopters, attract new users, and promote their tokens. 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.
Here are thebest crypto airdrops available in 2024:
- AltLayer – $100 million in airdrop rewards for early users
- Celestia – A series of airdrops for TIA stakers
- Jupiter – A leading Solana-based DEX is launching its native token in an airdrop
- Maverick Protocol – $80,000 MAV airdrop for Binance Wallet users
- Blur – Airdrop rewards for NFT users
- LooksRare – Season 2 airdrop for NFT collectors
- Portal – Farm tokens from an up-and-coming crypto gaming platform
- Camino Network – Complete quests to unlock CAM airdrop rewards
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 top airdrop crypto projects for 2024
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. AltLayer – $100 million in airdrop rewards for early users
AltLayer is an Ethereum scaling solution that was recently listed on Binance after a successful Launchpool campaign. The project has allocated 300 million tokens for the initial airdrop, which amounts to a staggering $100 million at current ALT prices.
It’s worth noting that the current airdrop – as the “Season One” name suggests – is part of a series of airdrops the team plans to conduct in the future. In order to see if you are eligible for the airdrop rewards, head to the official website and enter your address.
?Update: $ALT Airdrop Claims have now opened as of 9:00 AM UTC. https://t.co/LpfHsHu4Gk
— AltLayer (@alt_layer) January 25, 2024
Those eligible for AltLayer Airdrop Season One - please visit the official airdrop website to claim your $ALT!
Rest assured you will have one month to claim your $ALT tokens. https://t.co/zSYJw8gGt4
2. Celestia – A series of airdrops for TIA stakers
Celestia is a layer 1 blockchain that’s optimized for data availability. It is based on the Cosmos Software Development Kit and uses the Tendermint algorithm to achieve consensus. Moreover, Celestia can be used as an efficient and scalable data availability layer by rollups and layer 2 blockchains.
Multiple airdrops for Celestia users have already been announced by layer 2 projects such as Saga, Dymension, AltLayer, and Manta Network. However, with the rapid growth Celestia has been seeing, we can expect more airdrop announcements over the coming months.
One of the best ways to become eligible for various Celestia ecosystem airdrops is simply to stake TIA tokens. You can do this using various wallets, but we’re highlighting Kepler, which is a fantastic wallet that can be used with a variety of Tendermint-based blockchains, including Celestia. You can install Kepler as a browser extension, but it’s also available as a mobile app or web dashboard. To learn more about Celestia airdrop, check out our video below.
3. Jupiter – A leading Solana-based DEX is launching its native token in an airdrop
Earlier this year, Jupiter announced that it would launch its own native token, JUP. Jupiter is a Solana-based decentralized aggregator that allows traders to find the best prices and prides itself on the best selection of tokens in the Solana ecosystem. For reference, the platform facilitated more than $409 million worth of token swaps on January 25 alone.
The JUP token airdrop, which is set to distribute 1 billion JUP, is slated to commence on January 31 at 10:00 EST. According to the project’s estimates, about a million of Solana wallets are eligible for rewards.
The JUP token will be launched through the new LFG Launchpad. Before the main event, the team plans to test out the Launchpad platform with a debut of Ovols, an NFT and DeFi protocol on Solana. More details are available in a post on X made by the Jupiter founder, who goes by the pseudonym “meow”.
Jupiter LFG Launchpad Beta!
— meow ? (@weremeow) January 22, 2024
Delighted to share our very beta LFG Launchpad, the first and only system whose goal is to infuse projects with love ? from a genuine Jupiter DAO and community, sets them up with long term success and protects their buyers from hype, fomo and rugs.… pic.twitter.com/Qx2f87uTbN
4. Maverick Protocol – $80,000 MAV airdrop for Binance Wallet users
The Maverick Protocol is a DeFi platform that boosts liquidity and capital efficiency in DeFi through its Dynamic Distribution AMM. It gives liquidity providers more control over their capital by allowing them to stake a price range and adapt to price fluctuations.
Maverick's AMM is built on Directional LPing, enabling LPs to move liquidity in response to price changes. This enhances capital efficiency, benefits traders with better pricing, and boosts LP earnings from fees. Maverick launched on Ethereum in March 2023, quickly gaining popularity. It also offers a customizable LP distribution strategy and plans to release its utility token, MAV.
On January 16, Binance announced that it would be giving away $80,000 worth of MAV tokens to the users of its Web3 platform. For on-chain swap transactions, a pool of $30,000 worth of MAV has been allocated for users who complete a trade of at least $10 equivalent between USDT, USDC, ETH, and BNB on the Maverick protocol. Meanwhile, a pool of $50,000 worth of MAV has been allocated for users who provide at least 10 USDC equivalent liquidity to the USDC-USDT Elevated Position 11 pool.
5. Blur – Airdrop rewards for NFT users
Blur is an Ethereum-based NFT marketplace that was launched in October 2022 and has quickly become the leading platform for professional traders. It has over 70% of the NFT trading volume market share and sees more volume than OpenSea. Blur is known for its low fees, high speed, and unique features such as NFT floor depth charts, collection sweeping, NFT analytics, and more.
Blur also has an aggregator platform that combines NFTs from other marketplaces into their interface and a lending protocol that allows users to borrow and lend NFTs. Blur is backed by Paradigm, a research-driven technology investment firm, and has its own governance token, BLUR, which gives users voting rights.
A large reason why Blur has managed to climb to the number one spot among NFT marketplaces so quickly lies in its airdrop program, which rewards NFT users with BLUR token airdrops for simply using the platform. Currently, the third season is in progress, which allows users to climb the leaderboard by buying and selling NFTs and participating in other activities on the platform.
6. LooksRare – Season 2 LOOKS airdrop for NFT collectors
Launched in 2022, LooksRare is a decentralized NFT marketplace that rewards users for trading and listing digital items on their platform. The rewards incentive for trading has attracted many users to the platform, and by late 2022, LooksRare controlled a bigger share of the NFT market than the multi-year leader in the space, OpenSea.
It is worth noting that the rewards incentive for trading NFTs has generated a lot of inorganic traffic and accusations of wash trading. That said, seasonal LOOKS airdrops have been a source of extra income for a lot of LooksRare users over the past couple of months.
LooksRare is currently running the sixth season of the rewards program, airdropping 1,500,000 LOOKS tokens to high leaderboard finishers.
7. Portal – Farm tokens from an up-and-coming crypto gaming platform
Portal is a web3 gaming platform that's looking to integrate with more than 200 blockchain-powered games. The Portal platform is powered by the PORTAL cryptocurrency, which is designed to function as a "universal gaming coin", streamlining the experience of web3 gamers. Portal has already secured a partnership with leading NFT marketplace Magic Eden, which will make NFTs in the Portal ecosystem purchasable on Magic Eden using the PORTAL token.
The Portal team is currently conducting an airdrop through a promotion called "Crystal Dash". Through this promotion, users who create or share engaging content related to Portal can earn points which will be convertible to PORTAL tokens later down the line.
$Portal Airdrop Farming is live. Only at https://t.co/IraUjGVtOR.
— Portal (@Portalcoin) November 27, 2023
Crystal Dash is Portal’s unique SocialFi experience. Engage with us on Twitter & earn $Portal. (And yes, engaging with this thread does count)
Here’s everything you need to know about playing Crystal Dash. ? pic.twitter.com/UouE0T8mCt
However, it's important to understand that there's currently no clear date for when eligible airdrop participants can expect to receive their PORTAL tokens.
8. Camino Network – Complete quests to unlock CAM airdrop rewards
Camino Network is a Layer 1 platform that aims to provide blockchain solutions for the travel industry. Camino is EVM compatible and supports Solidity, which enhances the chain’s interoperability.
As a part of its promotion to reward users of the platform, Camino is running a promotion that will reward the 100 highest leaderboard finishers with CAM token rewards. In order to climb the leaderboard, users must complete various quests from the Zealy quest board, including joining different social media channels, creating a Camino wallet address, and more.
If you want to participate in the CAM airdrop, make sure to connect your Camino wallet address to your Zeally profile.
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 these crypto airdrop platforms provides various features, so it might be a good idea to try them out before settling for your favorite.
Another way to get ahead of a potential airdrop is to use blockchain projects that currently don't have a native token. In the recent past, we've seen massive airdrops for Arbitrum, Optimism, and other projects that have long operated in the cryptocurrency space without a native token. The longer you use such a platform, the bigger your share of potential airdrop rewards if the airdrop does come to pass.
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.
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.