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3 Upcoming DePin Airdrops to Keep an Eye On

source-logo  beincrypto.com 21 June 2024 14:00, UTC

In the crypto ecosystem, Decentralized Physical Infrastructure Network (DePin) projects are creating a buzz with their solutions to real-world problems.

Three DePin projects stand out for their anticipated airdrops, each promising valuable opportunities for blockchain enthusiasts and investors. To participate in the airdrop, interested individuals should stay informed about the requirements stipulated by each project. They should also do their own research and be aware of various scams targeting airdrop hunters.

Grass: Mobilizing Data for AI Development

Grass, a decentralized web scraping network, is at the forefront, turning public web data into AI datasets. It recently launched the Grass Point campaign, rewarding users for downloading the Grass app and browsing the internet.

Today, Grass initiated a significant update by asking users to connect their Solana wallet to their Grass account, signaling an upcoming airdrop. Hence, the community is buzzing, with speculations that token distribution could start soon.

“This is clear as a criterion ― if you do not connect the wallet with email in time, you will not receive anything. Token distribution soon, TGE probably next month,” crypto researcher Jussy.Sol speculated.

Backed by heavyweights like Polychain Capital and Tribe Capital, Grass has secured about $4.5 million in funding.

Read more: Best Upcoming Airdrops in 2024

U2U Network: Enhancing User Engagement with NFTs and Loyalty Points

Next, the U2U Network, a layer-1 blockchain tailored for DePin, is revitalizing its user base through an airdrop campaign. It has reintroduced the U2Quest, pushing users to complete on-chain tasks and earn non-fungible token (NFT) rewards.

Moreover, participants are encouraged to engage in social tasks on Galxe to collect loyalty points and climb the leaderboard for rewards. According to data from Crunchbase, U2U Network has raised $10 million from three rounds, the most recent being a Seed round on July 1, 2023.

Chirp Tracker App Campaign Starts Next Week

Lastly, Chirp, a DePin telecommunications network for the Internet of Things (IoT) and voice communication, is making strides. Today, Chirp announced its Chirp Tracker App Campaign, starting next week as the first stage of its airdrop campaign.

This move aims to engage users in using their smartphones extensively, striving for the highest CHIRP rewards in a competitive setting. Indeed, Chirp’s initiative indicates a strategic approach to boosting user involvement and network expansion.

Read more: What Is DePIN (Decentralized Physical Infrastructure Networks)?

These airdrops are strategic elements of each project’s roadmap to achieve wider token distribution and heightened user engagement.