- The crypto market is seeing renewed interest in airdrops, with several major projects like Jito, Starknet, and Blast distributing tokens to early adopters.
- Airdrops are coming for layer-2 scaling solutions like Starknet and Frame, gaming networks like Saga and Xai, and NFT marketplaces like Tensor and Solana Saga.
- Users can position themselves to earn airdropped tokens by using new protocols early, trading NFTs, operating nodes, and participating in crypto gaming competitions.
Cryptocurrency airdrops have emerged as a popular way for new protocols to distribute tokens and incentivize usage. With the crypto market showing signs of recovery, there is renewed interest around upcoming airdrops. This article highlights some of the most anticipated crypto airdrops on the horizon.
Jito Airdrop
The Solana DeFi protocol Jito launched its JTO token airdrop on December 7th, distributing $225 million worth of tokens to early users. The airdrop followed Jito’s announcement the prior week and the tokens were immediately listed on Coinbase. Users who interacted with Jito before the snapshot are eligible to claim JTO tokens.
Starknet Airdrop
Ethereum layer-2 scaling network Starknet announced plans to airdrop its native STRK token to early contributors and users. 900 million tokens will be distributed, although exact details around timing and eligibility remain unclear. Those who have used Starknet previously should watch for updates on how to claim the airdrop.
Blast Airdrop
Blast, an upcoming Ethereum layer-2 network founded by Blur’s creator, has attracted over $11 billion worth of deposits from users looking to earn yield and airdropped tokens. The team has outlined how users can position themselves for rewards, driving demand despite controversy around Blast’s launch.
Jupiter Airdrop
Solana DeFi aggregator Jupiter will airdrop its JUP token in January. Nearly a million wallets that used Solana’s DEX are eligible for the airdrop. Jupiter launched a tool to let prospective claimants see how many tokens they can claim from the 4 billion JUP allocated to the airdrop.
Portal Airdrop
Portal aims to connect crypto games across chains with a cross-chain token and platform. The project’s airdrop will occur in January when its current promo campaign concludes. Portal has outlined how users can earn points towards the airdrop by spreading the word on social media.
Frame Airdrop
Frame, a new Ethereum scaling network for NFTs, will airdrop FRAME tokens to anyone who traded NFTs on Ethereum over the past two years. Users can check eligibility and token allocations now before the airdrop occurs when Frame’s mainnet launches on January 31st, 2024.
Saga Airdrops
Crypto gaming network Saga has started its play-to-airdrop campaign across games on its testnet ahead of its mainnet launch in January. Developers on the testnet will get the first airdrop, followed by a community drop. Well-performing players can earn tokens through Saga’s partnerships and competitions.
Xai Airdrop
Gaming-focused Arbitrum layer-3 network Xai delayed its first XAI token airdrop to early January. Sentry node operators and NFT holders are among those eligible when the airdrop occurs.
Solana Saga Airdrops
Owners of the sold-out Solana Saga smartphone are eligible for multiple token airdrops from projects building on Solana. Perks include BONK tokens and other planned drops as more projects join the initiative to engage phone owners.
Tensor Airdrop
Solana NFT marketplace Tensor has been hinting at an upcoming airdrop for months, following the lead of other Solana projects. Points earned by trading NFTs will likely translate into token rewards. Surging prices for Tensor’s NFTs suggest traders are positioning themselves for the airdrop.
Conclusion
Airdrops have proven to be an effective customer acquisition and incentive mechanism within crypto. With market momentum improving, the number of highly anticipated airdrops is rising as well. Savvy crypto users stand to benefit by interacting with emerging protocols and securing airdropped tokens.
