I researched which projects popular tier-1 funds invested in and how many of them made an airdrop.

1) a16z crypto

Number of projects: 47

Airdrops: 8

Projects: Uniswap, Aptos, Optimism, Ape, dYdX, Worldcoin, Goldfinch, Forta.

Airdrop percentage: 17.02%

2) Coinbase Ventures

Number of projects: 106

Airdrops: 21

Projects: Uniswap, Aptos, Arbitrum, Optimism, TheGraph, IMX, Sei, Ribbon, Worldcoin, Biconomy, Hashflow, Arkham, Maverick, Galxe, Evmos, Goldfinch, Forta, Umee, Connext, Hop, Axelar.

Airdrop percentage: 19.81%

3) Paradigm

Number of projects: 26

Airdrops: 7

Projects: Uniswap, Optimism, dYdX, Osmosis, Blur, Ribbon Finance, Gitcoin.

Airdrop percentage: 26.92%

4) Binance Labs

Number of projects: 122

Airdrops: 8

Projects: Aptos, 1inch, Biconomy, Axelar, Space ID, Maverick, Galxe, Mint Club.

Airdrop percentage: 6.56%

5) Pantera Capital

Number of projects: 85

Airdrops: 4

Projects: Arbitrum, 1inch, Maverick, Ampleforth.

Airdrop percentage: 4.71%

6) Polychain Capital

Number of projects: 57

Airdrops: 8

Projects: Uniswap, Arbitrum, dYdX, Axelar, Space ID, Evmos, Umee, Connext.

Airdrop percentage: 14.04%

7) DragonFly Capital

Number of projects: 43

Airdrops: 7

Projects: Aptos, dYdX, 1inch, Ribbon Finance, Axelar, Hashflow, Galxe.

Airdrop percentage: 16.28%

8) HashKey Capital

Number of projects: 76

Airdrops: 4

Projects: dYdX, 1inch, Galxe, Evmos.

Airdrop percentage: 5.26%

9) Multicoin Capital

Number of projects: 60

Airdrops: 7Projects: Aptos, The Graph, Sei, Worldcoin, CyberConnect, Galxe, Metaplex.

Airdrop percentage: 11.67%

10) Delphi Digital

Number of projects: 39

Airdrops: 4

Projects: dYdX, Sei, CyberConnect, CoW.

Airdrop percentage: 10.26%