When it comes to airdrops and people have made significant profits, perhaps hundreds or thousands of USD, many people will have a desire to participate. However, when participating in the airdrop we will realize that it is not as easy as we thought. To have a chance at success in airdrop hunting, we need to gain experience and apply airdrop hunting strategies to increase our chances of receiving as many airdrops as possible.
With the explosion of airdrops such as Aptos, Arbitrum, Blur and many other projects, the airdrop topic is attracting more and more interest. Nowadays, there are many new people entering this field and they wonder about which projects to join and how to "win". The reality is that there are too many airdrop projects that you can participate in. In addition to famous projects such as Starknet, zkSync, LayerZero, Scroll, there are hundreds of other options.
However, our time and capacity are limited. We cannot participate in all of these airdrops. So how to find high-quality airdrop projects? How to increase your chances of receiving an airdrop? In this article, we will share some experiences in making airdrops so you can choose the right project and do it properly, to increase your chances of receiving the most reward tokens.
Experience in effectively receiving airdrops for newbies
Basic Logic – Why do projects Airdrop?
Airdrop is an event where the project gives away free tokens to users. It is important to understand why projects want to organize airdrops.
An easy example is to compare a public blockchain to a highway. Miners (node runners) build roads and collect fees for travel. Developers build facilities such as gas stations, rest areas, maintenance stations, restaurants, etc. to earn service fees. Builders don't just do it for the fun of building, they need to make a profit.
The development of public blockchain and DApp projects needs to attract users. As more and more people got involved in building and there were more public chains, they realized that there weren't enough users. That's why they use airdrops as a direct and simple marketing method. Airdrops help attract users and promote the project, creating momentum for blockchain and DApp usage.
Participate in Airdrop hunting – What do you need to prepare?
To participate in the airdrop, you need to prepare some basic things. Below are the necessary items:
Basic knowledge of crypto: Master the knowledge of cryptocurrency, cryptocurrency wallets like metamask, and know how to conduct transactions on DEX exchanges. It is also important to understand operations such as swaps and cross-chain.
Social network accounts: Make sure you have accounts on social networks like Twitter, Discord, Telegram and know how to use them proficiently. Most airdrops will require you to participate through these channels.
Small capital: It would be good if you have a small amount of capital to cover costs such as gas fees during the airdrop participation process.
Tools to support airdrop hunting: Learn about tools and platforms that support airdrop hunting such as Layer3, Galxe, Crew3, Quest3, Gitcoin, Snapshot. Professional airdrop hunters often use these platforms.
Testnet: If the airdrop is done on the Testnet network, make sure you have Testnet coins. Learn about Faucet and Goerli testnet to earn free tokens and participate in the project experience.
Preparing the above factors will help you be ready to participate in the airdrop effectively and increase your chances of receiving many reward tokens.
Criteria for choosing a good project to do Airdrop
When participating in the airdrop, you need to filter and choose suitable projects. Here are some criteria for selection:
Fundraising and sponsorship data: Evaluate projects based on whether there are large investment funds or not. This shows that the project has long-term development potential and is considered trustworthy in the cryptocurrency community.
Strong support: Consider whether the project has strong support from major investors or not. This can build momentum for the project and bring in important resources.
Platform and ecosystem: Evaluate the value and strength of the project based on its principles and infrastructure. Good fundamentals show that the project has the ability to innovate and solve problems, thereby having long-term growth potential.
Attractive theme: Observe if the project has an attractive theme that attracts users. Good attention and marketing shows that the project is capable of attracting new and quality users.
Tokenomics: Evaluates the project's tokenomics system, i.e. how tokens are designed and distributed. This is important to ensure the project's financial system is stable and sustainable.
Choosing an airdrop project according to the above criteria will help you make good use of opportunities and avoid unreliable projects.
4 different types of airdrops need to be distinguished
To increase your chances of receiving an airdrop, you need to understand the logic of the airdrop. There are 4 main types of airdrops:
Airdrop to token/NFT holders: The project will airdrop tokens to specific NFT or token holders. This information is usually mentioned in the project's whitepaper and users must purchase NFT/TOKEN to receive the airdrop.
Airdrop for node runners: Node runners provide hardware and network support according to project requirements, and receive additional rewards. Participating in this type of airdrop is quite difficult and requires high technical knowledge.
Airdrop Incentive: The project will require users to perform some promotional tasks such as sharing, participating in chats on social networks such as Twitter, Dissord, or answering questions. This airdrop is usually based on randomization and has a low participation threshold.
Retroactive Airdrop: For users who have used products or services in the project's ecosystem. The project will record the information of users who participated before a certain time and give them airdrops. This is the most popular type of airdrop today.
Mastering the airdrop style and learning the specific rules of each project will help you increase your chances of receiving airdrops and avoid unreliable projects.
Experience to hunt airdrops more effectively
How can I receive the airdrop? Once you understand some of the ways to get airdrops, isn't the rest easy? We won't explain too much about previous projects, but will start analyzing and thinking from the OP.
OP is a blockchain focused on on-chain ecological prosperity. Judging from OP's airdrop rules, its airdrop method is reatroactive, using its public chain and interacting with the on-chain ecosystem to meet a certain standard. Just by doing so, there is a high chance you will receive the airdrop. What about ARB? The paths to receive airdrops are cross-chain, SWAP, LP and NFT.
In general, how to receive airdrops – it depends on the project you are hunting. But the key is to see what the project needs - REAL USERS - so try to participate & interact as enthusiastically as possible. Whether or not I will receive the airdrop - I cannot guarantee. But there are some notes you should remember before embarking on airdrop hunting for any project:
The account chain associated with mail such as Discord, Twitter, Galxe... must always be consistent.
Always use the same wallet address throughout with the email identified above and should link when possible.
Participate in all practicable activities originating from the project. Satellite projects around the network should be done at a reference level.
Don't do it half-heartedly: That means you do it, but the project operations are too little. Because the project gives Retroactive to users because they contribute to the product, not because they do it to receive Airdrop. For example, for AMM projects, if you only Swap a few symbolic orders, there is a high possibility that you will not receive the Airdrop.
The source of funds transferred to the wallet addresses must be different. For example: Each account on CEX sends to one wallet address and avoids them interacting with each other.
Always budget for costs: Because airdrops are not always free. The project experience process sometimes requires us to pay a fee to operate, especially in Ethereum with extremely high gas fees. Many people spent a lot of money to participate, but in return did not receive any airdrop.
Diligently follow the project Discord channel. Projects' Discord channels will always be the place to get the most detailed updates about ongoing events. Roles on the project's Discord are also very important, this will be the basis for the project to consider airdrops or help you receive corresponding privileges.
Use coordination between different tools: The same project can appear on many different tools. When participating in airdrop hunting or whitelisting any project, the first thing you need to do is review the tools to filter out tasks that can be done at the same time. For example: Perform transaction tasks under Optimism Quest and also satisfy Optimism network tasks on Layer3
Be careful with fraudulent websites and information channels about airdrops. Never click and connect to unofficial links.
Above is the entire content shared about our airdrop hunting experiences. Hopefully through this article, you have grasped the criteria for choosing an airdrop, know how to recognize each type of airdrop and their requirements, and from there you can find an effective airdrop method.
(Synthetic Aliniex)