Selected Must-Participate Airdrop Projects for Points Accumulation in 2024

01/18/2024·1years ago

Recently, the airdrop mining gameplay of the Web3 game project Portal has been very popular. This is a way to obtain CrystalDash points by creating content about Portal on Twitter. The wider the content created on Twitter spreads, the more points you get, and the more airdrops you can exchange for. In just one month, Portal's Twitter followers have increased from 70,000 to 320,000 (+450%), which shows the popularity and level of engagement of this points airdrop gameplay among players. In this issue, we will briefly introduce the gameplay of the points reward system and recommend selected must-participate airdrop projects for points accumulation in 2024.

What is the Web3 Points Reward System?

Essentially, the points reward system rewards users with points for completing specific actions. These points can be exchanged or used in various ways, aiming to stimulate further participation and increase user loyalty to the project platform.

In fact, the underlying gameplay logic is ubiquitous in the Web2 world, from online and offline game points used to exchange for rewards, to loyalty points and VIP loyalty programs from chain brands like Starbucks and Vipshop. The main idea is a reverse incentive for users to "get more with more consumption," while in the Web3 world, it's a cumulative reward for "more work, more gain." Since the end of 2023, a batch of points reward gameplay has emerged in the Web3 world, from the Rainbow wallet rewarding users for using ETH to earn points, to the new L2 Blast plan of the NFT market Blur, which incentivizes users to transfer funds through Blast Points.

Why is the Web3 Points Reward Gameplay So Popular?

After introducing the points reward gameplay to the Web3 world, it combines with users' daily operations or rigid needs and innovates to attract new users and new capital. For example, Portal encourages users to participate in "commenting, retweeting, and liking content on Twitter about related topics" to earn points. The more times you do it, and the wider the topic spreads, the more points you get, and finally, you can exchange for more airdrop rewards. From the user's personal perspective, this is an operation that can be done while browsing Twitter daily, with low entry barriers and low operational requirements for users. Moreover, points can accumulate, and the more you do, the more you get, which is an immediate positive feedback behavior for users. When this individual behavior has formed a scale with a spreading effect, the hot trend will attract more users to participate and earn points, and the previous tweets will get more spread, and early entrants will passively get more points. Thus, a spiral effect is formed, and for top players, the earnings from points can even be modeled as an exponential growth function, which is the most attractive point - the "unlimited" earnings from more work, more gain.

Moving forward, naturally, after users successfully exchange for airdrop tokens, the more users hold the tokens, the more demand there will be for exchange and circulation, and the overall market liquidity will be more guaranteed. However, more importantly, attention should be paid to the project's own tokenomics, team strength, operational planning, etc., which are the prerequisites for whether to participate in any airdrop. Only projects recognized by the market are valuable, and their airdrops are worth our time to participate and earn points. So next, let's share the selected must-participate airdrop projects for 2024.

Project Sharing

1. KiloEx

KiloEx is a user-friendly perpetual contract DEX, focusing on risk management and capital efficiency, supporting asset types including cryptocurrencies, forex, and stocks. KiloEX itself is a Perp DEX based on oracle pricing similar to GMX, with core innovations including: stablecoin-neutral LP with built-in hedging, copy trading, and token economics inspired by today's advanced mechanisms. Compared to the current mainstream Perp DEXs, the LP with automatic hedging mechanism is more user-friendly for interest-earning users, while copy trading is more user-friendly for trading users.

Currently, you can participate in trading to earn points, with 5 main ways to earn points:

Sign in to receive points;
Trade to earn points based on trading volume;
Provide LP to earn points based on the amount;
Referral commission;
Special events to earn OAT. For specific activity rules, please refer to the official Gitbook:

https://kiloex.gitbook.io/kiloex/airdrop-and-reward/kiloex-points-airdrop-program

2. Blur

Blur is an NFT marketplace and aggregator with many innovative features designed for professional traders. As a combination of a real-time NFT marketplace and aggregator, it supports batch NFT transactions and adopts zero royalty fees. Blur has announced the start of the third season airdrop, with 50% of the rewards distributed to BLUR token holders and 50% to Blur community members. The third season points airdrop event will end in May 2024.

The points earning strategy for the third season airdrop mainly includes two types:

Holder points plan: Deposit BLUR tokens to earn holder points, which can be withdrawn at any time. When Blast governance goes live in May 2024, it will be distributed according to the user's total holder score (holder points x multiplier). Holders earn 1 point per hour for each BLUR token held. In addition, the multiplier starts at 1x and increases by 0.5x each month after the user makes their first deposit.
Blur points plan: Earn points through bidding, listing, and lending. Bidding and listing points apply to all collections and are issued at the same rate. Bids with the highest "risk" can earn the majority of points. Lending points only apply to collections supported by the Blend protocol. The issuance rate for lending points is half that of bidding and listing points.

3. Blast

Blast is a Layer2 network launched by the founder of Blur in late November 2023, which helps users earn income. It is an Optimistic rollup compatible with EVM and has native earnings. Blast's income comes from Ethereum staking and RWA protocols, and the income from these decentralized protocols is automatically returned to Blast users. On Blast, users' balances automatically compound and earn additional Blast rewards. The project received $20 million in financing as soon as it was launched, and the current early experience activity has officially started, with the project's TVL reaching $13.5 billion and the total number of users exceeding 100,000.

The Blast points earning strategy mainly includes two types:

Deposit ETH, USDC, Tether, stETH, WETH, DAI;
Invite friends to form a team to earn more points and more flip lottery chances.

4. Kinza Finance

Kinza is a lending protocol built for the DeFi ecosystem, aiming to connect the demand and supply of liquidity to create the best on-chain money market. It is a protocol on the BNB chain, financed by Binance Labs in August 2023. According to the project's tokenomics, 5% is used for airdrops.

Kinza's airdrop earning strategy through points mainly includes two types:

Provide liquidity for the platform market. The longer you maintain liquidity on the platform, the more points you get.
Additional airdrop: Go to the official website module in the image above and copy your personal link. Each invited user will also receive an additional 10% airdrop.

https://app.kinza.finance/#/referral

5. TrendX

TrendX is the world's leading AI-driven Web3 trend tracking and intelligent trading platform, aiming to become the preferred platform for the next billion users entering the Web3 field. By combining multi-dimensional trend tracking and intelligent trading, TrendX provides a comprehensive experience of project discovery, trend analysis, primary investment, and secondary trading. On January 8, TrendX announced that it had successfully raised $1 million in seed funding. TrendX will also gradually launch Launchpad features in the first half of 2024, as well as industry-leading AI trading functions such as coin aggregation trading, cross-chain aggregation trading, and AI trading assistants.

TrendX's latest airdrop plan released on January 16: 4% of TrendX's official tokens (40,000,000 tokens) will be used for early contributor airdrops, with 2% airdropped to users who participate in governance and achieve a certain level of activity, and 2% airdropped to early users of the trading function (trading function is expected to go live in Q1 2024). The airdrop will be completed in 2 rounds. The amount of the airdrop depends on the user's activity level and contribution on the platform. Qualifications for receiving the airdrop:

Account linked to a Twitter account
Claim AlphaDAO test coins
User activity level not less than 1000 points There are many ways to earn activity points, and the official has also compiled a task list:

The official token airdrop and listing will start between March and June 2024. For specific activity rules, please refer to the official Medium:

https://medium.com/@TrendX_official/%E5%85%B3%E4%BA%8Etrendx%E6%AD%A3%E5%BC%8F%E4%BB%A3%E5%B8%81%E7%A9%BA%E6%8A%95%E7%9A%84%E8%A7%84%E5%88%99%E8%AF%B4%E6%98%8E-6aa721932e92

6. Rainbow

Rainbow is a mobile wallet application that allows users to interact with decentralized applications on the Ethereum blockchain. It provides extensive support for a range of NFT markets, covering almost all popular markets, including OpenSea, Blur, Rarible, SudoSwap, and x2y2, etc. Rainbow is an old infrastructure, having raised $19.5 million to date.

In December 2023, Rainbow launched a new points event. Ethereum network users on Rainbow will receive points, users who have used MetaMask for exchanges will receive points, and loyal Rainbow users will receive more points. Moreover, those who used MetaMask's exchange function last year and imported their MetaMask wallet into Rainbow can receive up to 150,000 additional points.

For detailed operation guidance, please refer to:

https://foresightnews.pro/article/detail/49221

7. BEVM

BEVM is a BTC Layer2 that uses BTC as Gas and is compatible with EVM. Its core goal is to expand Bitcoin's smart contract scenarios, helping BTC break free from the constraints of the Bitcoin blockchain being non-Turing complete and not supporting smart contracts, allowing BTC to build decentralized applications with BTC as the native Gas on this Layer 2.

From January 17 to February 17, 2024, BEVM started the second phase of the airdrop event. Participants earn points by participating in cross-chain, swap, and other activities.

Details:

https://campaign.bevm.io/helsinki

About TrendX

TrendX is the world's leading artificial intelligence (AI) driven Web3 trend tracking and intelligent trading platform, aiming to become the preferred platform for the next billion users entering the Web3 field. By combining multi-dimensional trend tracking and intelligent trading, TrendX provides a comprehensive experience of project discovery, trend analysis, primary investment, and secondary trading.

Website: https://app.trendx.tech/ Twitter: https://twitter.com/TrendX_tech

🔴Investing involves risks, projects are for reference only, please bear the risks yourself🔴