2023 Airdrop Guide: 4 Potential Projects and How to Participate

06/03/2023·1years ago

Airdrops, as a way to incentivize user participation and contribution in Web3, have witnessed some successful Web3 project airdrops in the past few years, such as Uniswap, 1inch, Aptos, etc., bringing users huge profits and surprises. As the crypto market gradually warms up, 2023 will be an important year for airdrops.

So, in 2023, which projects are worth our attention and participation? In this article, veDAO Research Institute will list 4 potential projects and specific ways to participate.

Developer LayerZero Labs of miomnichain has been introduced by veDAO Research Institute before. For more information about LayerZero, you can refer to the institute's previous article:

https://mirror.xyz/0x901eA9e4c3D637C73a368B2bCD0E708992baE49C/N2NdowIYxx4rbfVHjyl3SkUmyS270QZcUQDcmestwaw

Here, we focus on LayerZero Labs' funding situation: In the B round of funding, LayerZero Labs raised $135 million from companies such as PayPal Ventures, Uniswap Labs, FTX Ventures, Coinbase Ventures, Sequoia Capital, etc. It is worth noting that LayerZero is the first Web3 project invested by PayPal. This makes LayerZero a potential candidate for one of the largest airdrops this year.

Airdrop Situation

Currently, LayerZero has not issued tokens. However, checking the information code of LayerZero will reveal the token name containing the characters "ZRO." This basically confirms LayerZero's plan to launch tokens; although no official announcement has been made, the community also expects the tokens to be launched in the near future.

How to Claim Airdrop

LayerZero has not yet started airdrops. In addition to keeping an eye on its official updates, you can also participate in project governance on LayerZero to gain more rights or qualifications when the airdrop arrives. This includes using all available LayerZero protocols on the LayerZero mainnet (such as Stargate Finance, Pontem Liquidswap, Aptos Bridge, etc.). Another important way is to become a member of Stargate Finance's DAO.

As the first project on LayerZero, becoming a DAO member of Stargate Finance may qualify you for LayerZero airdrops:

Purchase STG (Stargate Finance Token) from Uniswap or any platform
After the purchase, go to the Stargate Finance website and open the Stake page

https://stargate.finance/stake

After connecting the wallet on the Stake page, you can stake the STG token. After successful staking, you will gain voting rights
Visit the Stargate DAO interface (https://snapshot.org/#/stgdao.eth) and join to regularly vote on Stargate DAO governance proposals.

By regularly voting in Stargate DAO, you can become a DAO member of Stargate Finance, which will help you qualify for LayerZero airdrops.

Introduction

Arbitrum is a technology developed by Offchain Labs called Optimistic rollup, which allows Ethereum to send messages between smart contracts and Layer2 to scale Ethereum's smart contracts faster, cheaper, and maintain decentralized security. Users can interact with Arbitrum using tokens and contracts on Ethereum by depositing or withdrawing assets through a bridging contract. Over the past year, Arbitrum has shown strong operational and ecological capabilities, continuously upgrading its technology, launching the dual-chain Arbitrum Nova and Arbitrum One, and introducing a new programming environment, Stylus. Arbitrum's ecosystem is very rich, including wallets, tools, exchanges, lending platforms, and various DApps.

Airdrop Situation

Currently, Arbitrum has not announced its token plan, but there are rumors in the community that Arbitrum may airdrop tokens to early users.

In addition, on March 1st, the multi-chain wallet BitKeep launched the Arbitrum Futures Token (ARBK) airdrop as an official token exchange voucher for Arbitrum. Holding ARBK and completing corresponding tasks can qualify for a 100% exchange of Arbitrum's official token in the future. At the same time, the BitKeep NFT market has launched a 0 fee and order trading reward activity on the Arbitrum chain, including a prize pool of 50,000 USDT, NFT blind boxes, and BKB airdrops. The order trading reward activity lasts for 2 weeks, and the fee-free trading lasts for 6 months.

How to Claim Airdrop

Arbitrum has not yet issued tokens. If you want to be an early user to await future airdrops, you can participate in Arbitrum Odyssey to obtain its Discord community role as an early user. Currently, Arbitrum Odyssey has started its third phase:

https://galxe.com/arbitrum/campaign/GCCNzUtQiW/

In addition, obtaining the recently launched Arbitrum Futures Token (ARBK) is also a good way to claim future Arbitrum tokens.

BitKeep has launched a one-month ARBK airdrop as an official token exchange voucher for Arbitrum. Holding ARBK and completing corresponding tasks can qualify for a 100% exchange of Arbitrum's official token in the future. There are mainly two ways to obtain it:

Red Packet Airdrop:

During the event, BitKeep will conduct new user-exclusive ARBK red packet airdrops on official Twitter, community, BitKeep's joint popular projects on Arbitrum, and Web3 Influencers' social media. Each new BitKeep registered user can receive an ARBK red packet airdrop once, with a single amount of approximately 5 ARBK. Users who obtain ARBK through red packets must complete a token swap or NFT transaction through the wallet address created on BitKeep to qualify for the future exchange of Arbitrum's official tokens.

Trading Rewards:

You can also obtain additional ARBK airdrop qualifications by completing trading tasks on BitKeep Swap or BitKeep NFT market: an additional 1 ARBK airdrop for reaching 100 USD, an additional 5 ARBK airdrop for reaching 500 USD, and an additional 10 ARBK airdrop for reaching 1,000 USD. Users who obtain ARBK through trading rewards must complete the corresponding Swap or NFT transaction through the wallet address created on BitKeep to qualify for the corresponding ARBK airdrop reward and the future exchange of Arbitrum tokens.

Introduction

Shardeum is an EVM-based smart contract platform that achieves linear scalability, low gas fees, true decentralization, and strong security through dynamic state sharding technology. Shardeum supports cross-shard contract interoperability and uses EIP-2930 accessList to automatically route contracts on different shards. Shardeum is currently in the testing phase, and you can join its community as an early member and participate in some activities to qualify for future airdrops; the official has allocated 25.4 million SHM for the ecosystem and airdrops.

Airdrop Situation

Shardeum's token is SHM, which has not been officially issued yet. Shardeum plans to issue tokens in the second quarter of 2023; according to Shardeum's token economics and roadmap, 5% of the total supply of SHM has been confirmed for airdrops. Airdrop recipients may include community members and users who have traded on the testnet, potentially qualifying for the airdrop.

How to Claim Airdrop

To claim the Shardeum airdrop, the best way is to qualify for future airdrops by completing tasks on the Shardeum testnet. Here's how:

Join the testnet and claim test coins:

First, manually add Shardeum Liberty 1.6 and 2.1 networks in Metamask. After adding, go to the Shardeum Liberty faucet page to claim test tokens; you can view them in Metamask upon successful claim.

Faucet 1.6:

https://faucet.liberty10.shardeum.org/

Faucet 2.1:

https://faucet.liberty20.shardeum.org/

Complete test tasks:

There are many test tasks, and the more you complete and provide community feedback, the easier it is to qualify for the airdrop.

(a) Create your own token on DexPad

Visit the DexPad website and create your own token, then test other functions such as Launchpad and Airdrop.

https://dexpad.io/token-factory

(b) Use DotSHM to create a domain name

https://dotshm.me/

Open the website and connect the wallet, switch to the Shardeum 2.1 network, and perform swaps. Become an active user by completing 5-10 swaps per week.

https://testnet.swapped.finance/ru/swap

(d) Mint NFTs

You can choose to mint NFTs on Boss NFT and Spriyo.

https://boss.shardeum.us/

https://www.spriyo.xyz/

Introduction

Sui Network is a Layer 1 blockchain network designed from scratch by Mysten Labs, created by former Meta (formerly Facebook) employees. Sui Network aims to provide a high-performance, low-cost, user-friendly, and secure smart contract platform that supports NFT and DeFi applications, enabling the creation of rich and dynamic on-chain assets from gaming to finance. Sui Network uses a consensus algorithm called Narwhal and a state sharding technology called Tusk to achieve linear scalability and high throughput. Sui Network also uses a virtual machine called Sui Move to execute smart contracts and manage digital assets. Sui is horizontally scalable, provides instant finality, and has low gas fees.

Airdrop Situation

Sui has received substantial funding and support from Coinbase Ventures, Binance Labs, Apollo, Circle, and many other institutions, raising $300 million in the B round of funding. Sui Network launched its testnet on November 17, 2022, and plans to go live on the mainnet in the first quarter of 2023.

Sui has released the token economics of its native token SUI, and the issuance of SUI Token is likely to be synchronized with the launch of its mainnet. As the network is still in the testnet stage and about to launch, early users interacting with the network may qualify for potential airdrops.

How to Claim Airdrop

Sui has not yet issued tokens, and the way to qualify for future airdrops is also by participating in testnet activities.

For this, the first step is to install and create a SUI wallet.

https://chrome.google.com/webstore/detail/sui-wallet/opcgpfmipidbgpenhmajoajpbobppdil

After creating the SUI wallet, you can join the official Discord to claim test coins.

https://discord.com/invite/sui

After successfully claiming test coins, you can use the testnet to participate in NFT minting, games (such as Frenemies, which ended on February 15), and other activities to participate in the early Sui ecosystem, potentially qualifying for airdrop eligibility.

http://sui-wallet-demo.s3-website-us-east-1.amazonaws.com/

The crypto market has always been developing rapidly, which means there will be more airdrops coming out. Instead of learning about projects after airdrops start, it is a better way to participate by joining testnet activities to understand the project while gaining airdrop eligibility. Although this may take some time and patience, in the long run, it is a good investment. Therefore, whether you are a novice or a professional, it is necessary to keep an eye on the dynamics of the airdrop field to quickly obtain accurate project information.

veDAO is a decentralized investment and financing platform led by DAO, committed to discovering the most valuable information in the industry, and dedicated to exploring the underlying logic and cutting-edge tracks of the digital encryption field, allowing every role within the organization to fulfill its responsibilities and receive rewards.