The Impossible Triangle of Airdrops
The "Impossible Triangle" has always been present in the blockchain industry. In the scalability race, there is the impossible triangle of decentralization, security, and scalability. From a financial perspective, the value of cryptocurrencies being relatively stable, widely circulated, and decentralized is an impossible triangle. The rapid growth of crypto projects, decentralization, long-term value, and fast growth form another impossible triangle.
In the crypto industry, airdrops are seen as an attractive investment method. Participants can gain high returns with minimal costs. However, airdrops also have an impossible triangle: high returns, low cost, and certainty.
High Returns: The core attraction of airdrops lies in their potential high returns. Participants have the chance to receive tokens from emerging projects that may significantly appreciate in value after listing. Especially when market sentiment is high, airdropped tokens can quickly double or more in value.Low Cost: Compared to other investment methods, early airdrops require little to no financial investment or low wear and tear on funds. Participants only need to meet certain conditions, such as holding a specified number of tokens, following social media accounts, or completing simple tasks. However, since the "point system" became popular, user costs have gradually increased.Certainty: While high returns and low cost coexist, meeting airdrop conditions remains a challenge. Additionally, market uncertainty and project risks make it impossible to guarantee the certainty of airdrop returns.

The Dilemma of Airdrops
Since Blur, many teams have adopted this new incentive primitive and leveraged its advantages. By 2024, various point system ecosystems had developed quite prosperously. Point systems have become a crucial tool for projects to gain user loyalty and drive product growth.
However, for users, point economics can be quite complex, and the foreseeable yield rate is relatively low.
Apart from the criticism of the "point-based" airdrop distribution system, overly pursued popular projects often fail to deliver satisfactory returns. The reason lies in airdrop participants typically expecting to sell the acquired tokens at high FDV, while secondary investors are often unwilling to provide liquidity.

However, users can still find asymmetric opportunities in the airdrop sector through research. For example, early Atops node setup yielded substantial tokens, the first-generation Solana phones received multiple project airdrops, and recent projects like XAI, Notcoin, and Degen Chain performed well not only in airdrops but also in secondary markets.
Potential Airdrop Projects
Airdrops have an impossible triangle. It is challenging to achieve high returns at low costs through point-based projects. Therefore, it is essential to look for early-stage projects without specific airdrop details, interacting reasonably to secure as many airdrop quotas as possible. Here are some projects that might offer airdrop opportunities:
Monad
Fundraised $244M, led by Dragonfly and Paradigm.

Monad is a Layer 1 blockchain platform promoting the "parallel EVM" concept, accelerating Ethereum transactions with pipelined execution, supporting up to 10,000 transactions per second. Monad combines blockchain and high-performance computing to support complex applications.
The recommendation for Monad stems from the founding team's experience at Jump Trading. Monad has Jump's high-frequency quantitative technology support and has received investment from top blockchain capital, Paradigm. As a "favorite" of Jump, Wormhole airdropped the "nads" character in April, with individual airdrops reaching up to $10,500.
Additionally, Monad's cooperative dynamics and attention information reveal close associations with multiple Solana ecosystem projects like Backpack, Pyth Network, and Phantom. To get Monad airdrops, users can join the official Discord to gain roles, participate in upcoming testnets, and use products with high association.
Berachain
Fundraised $142M, led by Polychain and Framework Ventures.

Berachain is a high-performance L1 blockchain built on Cosmos SDK, using the CometBFT consensus engine, and is EVM-compatible. Built on Cosmos SDK, Berachain seamlessly integrates with the Cosmos ecosystem, achieving horizontal expansion through the IBC module. Additionally, Berachain developed the Polaris Ethereum module, providing EVM compatibility for better aggregation of existing EVM ecosystem developers and users.
Berachain's community has distinctive Ponzi, Meme, and NFT culture traits. The V2 testnet is live, and users are encouraged to interact more with Dapps.
Movement
Fundraised $40M, invested by Polychain Capital and Binance Labs.

Movement is a modular framework for building and deploying Move-based infrastructure, applications, and blockchains in any distributed environment. The co-founders, Rushi Manche and Cooper Scanlon, aim to build the first L2 using Move on Ethereum and plan to launch their token, tentatively named MOVE. Movement is currently holding events on GALXE, offering points through quizzes, community joining, etc. The testnet and a hackathon called "Battle of Olympus" are open until September 17, 2024, for developers, event operators, content planners, and creators to participate.
Bitcoin Ecosystem
The Bitcoin ecosystem is a new sector, gaining attention since Ordinals became popular, with continuous innovations. It is highlighted in the airdrop section due to the fair token distribution and low airdrop competition.

Several well-known airdrops in the Bitcoin ecosystem, like Runestone, $DOGS, and $Pizza, share the following characteristics: low user threshold, broad coverage, and high airdrop value. Current BTC on-chain Gas fees are low, around 4~5 Sat/vB. Recommended wallets like Unisat, MagicEden, and Xverse have yet to issue tokens, all with airdrop expectations. Users can use these wallets to mint some 0-number runes UNCOMMON•GOODS and .btc .sats.unisat inscribed domain names.

#Airdropairdrop #btcecosystem #Monad #Berachain

Users who focus on infrastructure, Layer1, and scalability are likely already familiar with Monad. Over the past two years, Monad has attracted a large following thanks to its significant funding and the deep experience of its founding team. According to public information, Monad has raised a total of $244 million, with participation from top-tier institutions such as Paradigm and Coinbase Ventures.

Monad is centered around the concept of "Parallel EVM," which accelerates Ethereum transactions through pipelined execution, supporting up to 10,000 transactions per second. The founders, Keone Hon and James Hunsaker, previously worked at Jump Trading for eight years. During their time at Jump, Keone managed a high-frequency trading (HFT) team, while James built an ultra-low-latency trading system that handled billions of dollars in daily trading volume across major futures markets. This strong background is a key reason why Monad has been able to secure such high levels of funding and attract attention from top-tier investors.
Jump Trading has recently slowed down its activities in the crypto industry, and starting in late July, it began selling large amounts of ETH, signaling a possible gradual withdrawal from the crypto space. Despite being a project founded by former Jump employees, Monad appears to have no direct ties to Jump Trading on the surface. However, the fact that the Monad community once received an airdrop from Wormhole raises some questions. Nonetheless, Monad's development has not been impacted by Jump Trading.
Many blockchain platforms boast strong backing from investors, but the applications on them often fail to make a significant impact. Monad, on the other hand, not only has strong backing but also hosts several projects that have attracted investments from well-known institutions, such as Kintsu, Kuru, Monad Pad, and aPriori. Due to Monad has yet to conduct a TGE (Token Generation Event), early participation in projects built on Monad raises the anticipation of potentially receiving multiple airdrops.

Monad Ecosystem Overview
According to Rootdata, the Monad ecosystem currently comprises 22 projects. We will introduce six early-stage projects below.

aPriori: MEV Infrastructure and Liquid Staking Platform
aPriori is an MEV infrastructure and liquid staking platform within the Monad ecosystem. Its founder, Ray, has previous experience at Jump Crypto and high-frequency trading firm Flow Traders, and is also a core contributor to Pyth Network. The CTO, Olivia, comes from Coinbase.
On July 25, aPriori announced the completion of an $8 million seed round led by Pantera Capital, adding to the $2.7 million pre-seed round announced in January this year, bringing aPriori's disclosed total funding to $10.7 million. Additionally, on July 30, Binance Labs announced its investment in the aPriori project.
Currently, aPriori's product is not yet public, with the website only offering links to Twitter, Discord, and the official blog. Users can participate in community activities on Discord to earn special roles.

Kintsu: Liquid Staking Protocol
Kintsu is a liquid staking protocol built on the ZK-privacy blockchain Aleph Zero and Monad, aiming to create an innovative LST product as a foundational component of DeFi on Monad. The project was founded by Stephen Novenstern, former strategic lead at Avalanche ecosystem's renowned DEX, Pangolin.
On the same day aPriori announced its funding, Kintsu also revealed that it had secured $4 million in funding led by Castle Island Ventures, with participation from CMT Digital, Spartan Group, Breed VC, CMS Holdings, Animoca Ventures, as well as Marin Tvrdic, Head of Relationships at Lido, and Robinson Burkey, co-founder of Wormhole. Kintsu plans to launch the sMONAD liquid staking token within the first week of Monad's mainnet release.
Kintsu has already launched the sTZERO liquid staking product on the Aleph Zero testnet, allowing users to stake Aleph Zero network tokens (TZERO) to receive liquid staking certificates (sTZERO).
Additionally, users can earn OG roles by participating in Kintsu's ambassador program or reaching level 35 in Discord.

Kuru: Decentralized Order Book Trading
Kuru is a decentralized central limit order book (CLOB) exchange within the Monad ecosystem. On July 25, Kuru announced a $2 million seed round led by Electric Capital, with participation from CMS Holdings, Breed VC, and Monad CEO Keone Hon.
The day Kuru's funding was announced was also the first time Kuru made a public statement. Currently, Kuru is in a very early stage, with the product yet to be revealed. The official website only provides links to Discord and Twitter, and the blog only contains the funding announcement.
The Discord community has closed new user entry, but according to official information, it will reopen to users this week.

Monad Pad: IDO Platform
Monad Pad is a token and NFT launch platform built on Monad, supporting project teams or developers in early-stage fundraising through presales or public sales of tokens or NFTs. On July 5, Monad Pad announced the completion of a $945,000 seed round with participation from CMS, Sneaky Ventures, and others.
Monad Pad has also issued its own original NFT series, Purple Frens, a collection of 3,333 purple frog PFP NFTs, each initially priced at $500. Additionally, 20% of Monad Pad's platform revenue will be distributed to holders of this NFT series.
MPAD is the native token of the Monad Pad platform, with a total supply of 100 million tokens, 10% (10 million tokens) of which will be distributed to Purple Frens NFT holders through staking.
As of August 12, the Purple Frens NFT series issued by Monad Pad has not yet been publicly sold, and the MPAD token has not been listed. To participate in the public sale, users need a whitelist. There are two ways to obtain it: participating in the NFT mint whitelist raffle organized by Monad Pad and Purple Frens on Twitter or being active in the Discord community to earn roles and gain whitelist access.

Castora: Decentralized Prediction Market
Castora is a decentralized peer-to-peer prediction market built on Monad, similar to the recently popular Polymarket. Castora currently offers an Ethereum price prediction pool, with a $10 USDC fee per bet. If the price reaches the predicted level within the specified time, the bettor will win all the funds in the pool.

Magma: Liquid Staking Protocol
Magma is a liquid staking protocol developed on Monad by Hydrogen Labs.
Hydrogen Labs is a Web3 infrastructure incubation platform that has developed the stablecoin protocol Fluid Protocol on the modular blockchain Fuel, the EigenLayer AVS-optimized server Anzen, and the Bitcoin liquid staking protocol Rover, among others.
Users interested in Magma can join the Discord community to become early participants.

#Monad #JumpCrypto #aPirori

Monad is a Layer 1 blockchain platform that promotes the concept of a "Parallel EVM" , accelerating Ethereum transactions through pipelined execution and supporting up to 10,000 transactions per second. According to public information, Monad has raised a total of $244 million in funding, with its latest valuation reaching $3 billion. Monad Labs was co-founded in 2022 by Keone Hon, James Hunsaker, and Eunice Giarta. Keone and James previously worked at Jump Trading for eight years. During their time at Jump, Keone managed a high-frequency trading (HFT) team, while James built an ultra-low latency trading system handling billions of dollars in daily trading volume across major futures markets.The three founders realized that fundamental optimizations to Ethereum and its core component—the Ethereum Virtual Machine (EVM)—could help overcome some of the challenges Ethereum has faced since its inception, including limited processing capacity, high transaction fees, and restricted scalability. Recently, Monad announced the upcoming launch of its testnet, opening up numerous opportunities for participants within the ecosystem.
Kuru
Kuru
Kuru is a decentralized order book exchange on Monad, notable for receiving personal investment from Monad's CEO, Keone Hon.
The project has secured $2 million in funding, led by Electric Capital, with participation from Brevan Howard Digital, CMS Holdings, Pivot Global, Breed, and Velocity Capital, as well as angel investors Keone Hon, Jarry Xiao, and Eugene Chen.
, led by Electric Capital, with participation from Brevan Howard Digital, CMS Holdings, Pivot Global, Breed, and Velocity Capital, as well as angel investors Keone Hon, Jarry Xiao, and Eugene Chen.

aPriori
aPriori is an MEV-driven liquid staking platform built on Monad, aiming to optimize network performance and user experience by developing new MEV and liquid staking architectures.
The project has raised over $10 million, with an $8 million seed round led by Pantera Capital and participation from Consensys, OKX Ventures, CMS Holdings, ABCDE, Gumi Cryptos Capital, Flow Traders, Laser Digital, Chorus One, Everstake Capital, and Staking Facilities. Additionally, Binance Labs announced a strategic investment in aPriori, though the specific amount was not disclosed.

Kintsu
Kintsu is a liquid staking protocol on the Monad blockchain, addressing liquidity issues in traditional POS staking and providing users with more flexible and valuable staking options while ensuring fund security.
Kintsu has completed a $4 million seed round, led by Castle Island Ventures, with participation from Brevan Howard Digital, CMT Digital, Spartan Group, Breed VC, CMS Holdings, and Animoca Ventures. The funding round was structured as a Simple Agreement for Future Equity (SAFE) plus token warrants, although Kintsu's founder, Stephen Novenstern, declined to comment on the valuation.

#Monad #Paradigm #Dragonfly

In the fast-paced world of blockchain innovation, a new contender has emerged: Monad. This Layer 1 blockchain protocol is not just another project; it's a game-changer poised to elevate the Ethereum ecosystem to new heights.
What is Monad?
Monad is more than just a blockchain; it's a high-performance, Ethereum-compatible platform designed to tackle the longstanding tradeoff between decentralization and scalability. With the capacity to process up to 10,000 transactions per second, Monad is set to redefine what's possible in decentralized finance and beyond.
The Vision Behind Monad
At the heart of Monad lies a vision to address the limitations of current blockchain technologies. By offering a platform with unparalleled scalability, advanced security features, and a developer-friendly environment, Monad aims to unlock new possibilities for blockchain adoption across various industries.
Features of Monad
Scalability: Monad's architecture allows for efficient processing of high transaction volumes by enabling non-overlapping transactions to run in parallel.Security: Advanced encryption techniques and security protocols safeguard the network against potential threats, ensuring data integrity and user trust.Developer-Friendly: Comprehensive support for smart contracts and decentralized applications (DApps) makes Monad an attractive platform for developers across diverse sectors.
The Monad Token (MON)
At the core of the Monad ecosystem lies its native cryptocurrency, MON. Serving as the lifeblood of the network, MON facilitates transactions, enables governance, and empowers users to participate in staking and voting mechanisms.
The Team Behind Monad
Monad is backed by a team of seasoned professionals with extensive experience in traditional finance. Led by Keone Hon, James Hunsaker, and Eunice Giarta, the founding team brings a wealth of knowledge and expertise to drive the project forward.
Funding and Future Prospects
With $19 million in seed funding secured from leading investors like Dragonfly Capital, Monad is well-positioned to realize its vision of becoming a next-generation blockchain platform. This strong financial backing reflects the confidence in Monad's potential to disrupt the blockchain landscape.

Monad represents a quantum leap in blockchain technology. With its innovative design, robust security, and ambitious vision, Monad is poised to leave a lasting impact on the blockchain industry and accelerate the adoption of decentralized technologies worldwide.

#Monad #MON #ETH #ethereum #layer1

🎉 aPriori has just secured $8.00M in its latest funding round! 🎉
🔹About: aPriori is a project dedicated to revolutionizing decentralized finance (DeFi). It offers innovative financial products and services, including optimized yield strategies, secure asset management, and seamless integration with various blockchain networks. Built on the Monad platform, aPriori is an MEV (Miner Extractable Value) infrastructure and liquid staking protocol designed for the parallel execution era. By leveraging cutting-edge technology and a user-centric approach, aPriori aims to redefine the DeFi landscape, making it more accessible and efficient for all. 🚀🌐
🔹 Lead Investors: Pantera Capital, Arrington XRP Capital, ConsenSys, Hashed Fund, OKX Ventures and many more.
🔹 Total Raised: $10.00M.
🔹 Project Category: DeFi, LSDfi.
🌟If You find this post useful Repost it, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#DEFI #LSD #ETH #Monad #BTC $ETH
$AAVE
$ETHFI

Kintsu, a promising liquid staking project from the Monad ecosystem, has successfully raised $4 million in funding. Their testnet is now live, and participants have the opportunity to earn potential rewards.

How to Get Started

1. Install a Supported Wallet:

To participate in the Kintsu testnet, you need to install one of the following wallets:

• Subwallet: Install from https://www.subwallet.app/download.html?lang=1

• Talisman: Install from https://www.talisman.xyz/
• Polkadot{.js} Extension: Install from https://polkadot.js.org/extension/

• Aleph Zero Signer: Install from https://alephzero.org/signer

• Nightly Wallet: Install from https://nightly.app/

2. Acquire Testnet Tokens:
Get the necessary testnet tokens from the faucet using this link:

• Faucet: https://faucet.test.azero.dev/

3. Stake Your Tokens:
After obtaining the tokens, stake them on the Kintsu platform:

• Staking: https://kintsu.xyz/staking

4. Provide Feedback:

Your feedback is valuable. Join the Kintsu Discord server and share your experiences:
• Discord: https://discord.gg/kintsu

5. Become an Ambassador Optinal :
Consider becoming a Kintsu ambassador for additional benefits. Details can be found here:

• Ambassador Program: https://kintsu.xyz/blog/path-to-og-celebrating-all-active-community-members

Although specific token rewards are not mentioned, the ambassador program indicates that active participation could be rewarded

Conclusion
Take advantage of the Kintsu testnet in the Monad ecosystem and potentially earn rewards. Follow the steps above to get involved and stay connected with the Kintsu community for more opportunities.

#Kintsu #Monad #airdrop