What are Airdrops?
Airdrops are free giveaways by crypto platforms or companies that want to promote their product. By giving out these tokens for free, they create incentives for people to use the platform and therefore promote their growth. These tokens can be worth a fortune, so it may be well worth your time to check out some of these platforms that may likely give out some of the biggest crypto airdrops in 2024.
Top 5 Airdrops
With 2024 starting on a bullish note, here are a list of projects that have given hints to their respective communities on their plan to airdrop their native tokens to users of their platforms.
1.LayerZero Protocol Airdrop
Layerzero is the interoperability protocol that connects several different chains. It is a low-level communication primitive that allows you to build applications that can work seamlessly across different blockchains. With Layerzero, you can build different features of your application using different blockchains and they will still be able to function perfectly. This is done in a way that is secure, cheap, and fast.
LayerZero is a heavily funded project with over $300 million in its treasury and has the support of some big companies (Coinabase Capital, Binance Labs, Uniswap Labs, Polygon, Sequoia Capital) in the crypto space. The team has not given an indication yet that there will be a token or an airdrop but the developer’s document does point to the creation of a ZRO token.
What can you do to receive the airdrop?
Use different DApps that are currently integrated into the ecosystem. Stargate Finance is the first and largest of these and they have the STG token (Governance token). Make use of the Stargate finance, Stake their native tokens, and use various other decentralized Applications that are in the Layaerzero Ecosystem. Use the Testnets available on the protocols.
2. zKsync Airdrop
Zksync is a layer 2 Ethereum scaling solution to batch transactions off the Ethereum chain. It sends transactions faster and at a much cheaper rate. It uses a zero-knowledge technology which allows two parties to agree on a statement without either party revealing information about themselves or compromising security. https://lite.zksync.io/account
Zksync has received almost $500 million in seed funding from investors – including the Ethereum Foundation, making it one of the largest funded crypto projects. It is more likely that the token release will be to promote the use of the platforms rather than to raise more funds, to incentivize users
What can you do to receive the airdrop?
Participate in Gitcoin donation rounds, using Zksync to make your donations, make deposits to the Zksync layer2, and interact with the various applications supported by the ecosystem. Make use of the Argent wallet -one of the wallets supported by the ecosystem
https://lite.zksync.io/account
Scroll Airdrop
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CONCLUSIONS
Airdrops can be very rewarding and can sometimes just a few activities to be eligible for them. The top biggest crypto airdrops to expect in 2024 include Layer zero Protocol airdrop, zKsync airdrop, Wormhole Airdrop, Linea airdrop and scroll airdrop. Besides the potential for huge reward via airdrops from these platform, they are also building something solutions to address some unique challenges within the crypto ecosystem. There is so much to expect from these projects.