Category: Airdrops

Blockchain projects frequently rely on crypto airdrops to raise awareness, grow their community, and increase the value of their products. After all, the survival of a project depends on its ability to attract and grow its user base. Users, of course, have nothing to complain about. After all, who doesn’t love free stuff? People have made as much as US$10,000 from crypto airdrops, all without putting in a single cent. We have compiled a list of the top cryptocurrency airdrops and evaluated them.

Script Network ($SCPT + $SPAY) Token Airdrop Guide: LIVE NOW!
The Script Network testnet just went live, and you can earn points from completing simple tasks, which directly correspond to your token rewards. In this article, we will explain what Script Network is and what you can do to position yourself for the airdrop.

You can use our referral code 9GYApp1S3I to sign up for their testnet!

Script Network ($SCPT + $SPAY) Airdrop Step-by-step Guide

Here’s how to get a potential Script Network airdrop:
1. Sign up for Script Network
2. Interact with Script Network
3. Create a wallet.
4. Request $SPAY and $SCPT tokens from faucet.
5. Stake tokens
6. Transfer tokens between wallets
7. Complete tasks on Crew3
See below for more details

What is Script Network?

Script Network, also known as Script TV, is a decentralized streaming platform powered by their own layer-1 protocol, Script Blockchain. It aims to solve some of the problems the current streaming industry is facing. Apart from video streaming services, the system provides incentives for decentralized bandwidth and content-sharing, all at a more affordable rate than conventional service providers. Moreover, users can earn tokens (i.e. $SPAY) and other rewards from watching content, hence their watch-to-earn economy model.

Script Blockchain

Script Blockchain is a specialized blockchain designed to relay video and data. Its unique multi-BFT consensus design includes Validator Nodes and Lightning Nodes that propose and verify new blocks. The blockchain also supports Turing-complete smart contracts, allowing for new user experiences and attribution models for DApps.

With smart contracts, users can enjoy digitized item ownership, innovative payment models, and trustless crowdfunding mechanisms. As a result, community members can host and relay live stream video data globally. The network is run by thousands of community members, eliminating the need for a single central server or service.

Who is the Team behind Script Network?

Abiel Alazar and Akeem Ouko are the co-founders of Script Network, which has a team of team skilled professionals with previous work experience at Sony, HBO, Spotify, EA, PayPal, Nike, and Adidas. They’re backed by some of the prominent Web3 organizations including Chainlink, NFTrade, Poolz, and Gate.io.

Does Script Network have a Token?

Yes, in fact, Script Network uses a dual token system — $SCPT and $SPAY:
- $SCPT is the governance token used to manage the network and content through a decentralized autonomous organization (DAO), with a fixed supply of 1 billion tokens. It can also be used as payment for advertising and earned by running a node. Furthermore, users can stake $SCPT to receive crypto and NFT rewards.
$SPCT token utility (Image source: Medium)
- $SPAY is the operational token that is used for serves as a means of rewards, transactions, and upgrading ScriptGLASS, which is the required NFT for watch-to-earn. Unlike $SCPT, $SPAY has a token supply of 5 billion with a 7%-9% yearly inflation. Its primary function is to facilitate all transactions on the blockchain, including payment for sharing a video stream, interacting with smart contracts, and NFT transaction fees, among others.
$SPAY token utility (Image source: Medium)

How to Receive $SPAY Airdrop?

Script Network has confirmed airdropping 10% of the total $SCPT supply and 7.5% of the initial $SPAY supply to the community. Here’s how to potentially get a $SPAY airdrop:
1. Sign up for Script Network
2. Interact with Script Network
3. Create a wallet.
4. Request $SPAY and $SCPT tokens from faucet.
5. Stake tokens
6. Transfer tokens between wallets
7. Complete tasks on Crew3
Sign up for Script Network

Go to token.script.tv/tv and click “sign in/sign up.” Connect your wallet such as MetaMask, and then sign up with your email. You can use our referral code 9GYApp1S3I.

Interact with Script Network

Once you have logged into Script Network, you’ll see all the channel and program schedules as you scroll down. You can select any video to watch, and there is a live chat room as well!

Go to token.script.tv/dashboard to see your account analytics. You can see your rewards and referral code here. There are also other features on the DApp, but they aren’t open currently.

As of now, there are four ways to earn points for the airdrop:
1. Log in every day.
2. Watch at least one video every day.
3. Talk on the live chat.
4. Invite friends with a referral code.
Create a wallet

To qualify, you need to sign up at the Script Network website here. To create a new wallet click “Create a Wallet” at the bottom of the page. Then you will be required to set up a password, tick the disclaimer, and download keystone onto your device. Afterward, copy down the 12-word recovery phrase and keep it safe. Finally, unlock your wallet to continue.

Script Network wallet

Request $SPAY and $SCPT tokens from faucet

To request $SPAY tokens, go to “Receive” in your wallet and “Faucet”. Afterward, you will be automatically logged out and asked to re-login. This is for security reasons. You will receive your testnet $SPAY tokens within 10–15 minutes.

To request $SCPT tokens, you will need to type in your Script Native wallet address in their #scpt-token-faucet Discord channel. You will receive your testnet $SCPT tokens within 24 hours.

Stake tokens

Note this option is only available to those who are running a test edge, lightning or validator node.

Transfer tokens between wallets

To transfer tokens, go to “Send” in your Script wallet. Choose which token ($SPAY or $SCPT) you wish to send, the destination address and the amount. Then hit “Send” and confirm the transaction with your wallet password.

Complete tasks on Crew3

Script Network has a Crew3 Questboard where users can complete tasks in order to earn XP points. Tasks include signing up to Script Network, joining and participating in their social media channels etc. The team has confirmed on their Discord channel that the XP rewards earned on Crew3 may be converted to rewards and used as the snapshot for the leaderboards. To participate in the Script Network Crew3, go to their Crew3 Questboard, connect your wallet, and complete the tasks.

Script Network Crew3

Script Network Token Airdrop Review

When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

Likelihood of Airdrop: Script Network has confirmed a $SCPT and $SPAY airdrop to the community.

Airdropped Token Allocation: 10% of the total $SCPT supply and 7.5% of the initial $SPAY supply will be airdropped.

Airdrop Difficulty: The four tasks are very easy to complete, just make sure to do them every day.

Token Utility: $SCPT is the governance token used to manage the network and content display, whereas $SPAY will be the operational token for transaction fees, rewards, and upgrading the ScriptGLASS NFT.

Token Lockup: The issuance of $SCPT tokens will follow a strict vesting schedule, indicating that Validators agree not to trade tokens during the initial six months and instead contribute them to the staking pool during this timeframe to facilitate the network’s functioning.
March 26, 2023
Spin ($SPIN) Token Airdrop Guide: How to get a second airdrop?
Spin is a decentralized crypto trading platform built on NEAR Protocol. It offers users a secure, fast, transparent, and cost-effective way to trade in digital assets. Their user experience is designed to be competitive with centralized exchanges, while still providing the benefits of decentralization. Spin has already completed its first airdrop in December 2022 and was a huge success. Don’t worry if you missed out on their first airdrop because Spin is now in the final countdown for its second (bigger) airdrop, and a snapshot will be taken soon. Here’s our guide on how you can get the second Spin token airdrop.

Spin ($SPIN) Airdrop Step-by-step Guide

Spin has successfully completed its first airdrop in December 2022. Here’s how to get the second $SPIN token airdrop:
1. Use Spin mainnet.
2. Participate in the Spin community.
3. Own Spin NFTs.
See below for more details.

What is Spin?

Spin is a decentralized trading platform built on NEAR Protocol. It provides users with a range of products and services designed to meet the needs of both novice and experienced traders, DeFi investors, and those seeking passive income. Spin combines the best of CeFi and DeFi to create an advanced 360° trading platform that offers a user experience comparable to that of a centralized exchange, without compromising on security, speed, transparency, or trading costs. Their features include spot trading, instant swaps, and perpetual features. They will also be launching their Automated Investment Products (AIPs) soon.

What is the Spin token?

Spin has a native token known as $SPIN and is a utility and governance token. Utilities of the $SPIN token include:
- Staking $SPIN can entitle you to 50% of the platform’s fees.
- Trading actively on Spin can get you $SPIN token incentives as a reward.
- Market makers receive $SPIN according to the amount of liquidity they provide, the spreads, and their uptime.
- Vault users can receive rewards for depositing in Vaults (e.g. options premiums) and $SPIN tokens.
$SPIN has a total token supply of 1 billion tokens, of which 2.0% of the total token supply (i.e. 20 million $SPIN) will be allocated towards airdrops. Of this, 0.5% i.e. 5 million $SPIN have already been distributed in their first airdrop. So the second larger is going to be 3 times the size of the first!

How to receive $SPIN airdrop?

Spin has already done a first airdrop in December 2022. During this airdrop, 0.5% of the total token supply (i.e. 5 million $SPIN), were allocated to the Early Adopters’ Airdrop.

Spin confirmed they will have a final $SPIN token airdrop for not-so-early users before their token launch, and which activities will qualify. 1.5% of the total $SPIN token supply (i.e. 15 million $SPIN), will be distributed in this airdrop. But, the vesting period will be stricter and longer. Here’s how to get the second $SPIN token airdrop:
1. Use Spin mainnet.
2. Participate in the Spin community.
3. Own Spin NFTs.
Use Spin mainnet

Spin’s mainnet has already been launched and all activities on it will count towards the second airdrop. Their protocol offers spot, perpetuals trading, and decentralized option vaults (DOV). To use Spin’s mainnet, go to their website and click “Trade on Spin”. Then, connect your wallet. You can then trade on their perpetual markets, spot markets and swaps. They also have a “Strategies” feature which allows users to choose a strategy to deposit funds. These Strategies will then start to generate income from option premiums. This is by running a weekly automated covered call strategy. Note however that this is Spin’s mainnet, so you will be using your own funds to trade.

Earn yield with Spin’s Strategies

Participate in the Spin community

Be an active participant in the Spin community by following their Twitter, and joining their Discord and Telegram. You can also go to Spin’s Crew3 questboard to complete their quests. However, this is only available for those who have the Spinosaur role on Discord.

Own Spin NFTs

Spin has released its own set of Freaky Elves NFTs. Owning a Freaky Elf NFT gives you the following perks:
- Guaranteed and priority access to the SPIN IDO (Initial DEX Offering).
- Access to premium product features on Spin. Such as fee discounts, early access to alpha features, special avatars, etc.
- Get special Discord roles and private chat access with other NFT holders.
All Freaky Elf NFTs have been minted. However, you can buy them from NFT marketplaces such as Para.

How to claim Spin token airdrop?

As mentioned, Spin has already done a first token airdrop where 0.5% of the total $SPIN supply (i.e. 5 million $SPIN) was airdropped to users. These airdropped $SPIN tokens are required to be locked up for 3 months after the public token sale. To claim your first Spin token airdrop, go to their Airdrop Page and connect your wallet.

Spin airdrop claim page (Image source: Spin)

Spin token airdrop review

When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

Likelihood of Airdrop: Spin has done a successful airdrop before and confirmed they will do a second one soon.

Airdropped Token Allocation: 1.5% of the token supply (i.e. 15 million $SPIN), will be distributed in this airdrop.

Airdrop Difficulty: Participating in this airdrop is going to be difficult. Users will have to be active on the Spin mainnet, and although they have different products to choose from (e.g. spot or perpetual trading), it does require users to use their own funds. Spin has also confirmed that holding its Freaky Elves NFT may entitle you to airdrops, but these have all been minted already. So you will need to buy them from NFT marketplaces.

Token Utility: $SPIN and is a utility and governance token. $SPIN is also distributed as a reward for various activities on the protocol.

Token Lockup: Those who received the first $SPIN airdrop are locked up for 3 months after the public token sale. The team has said that the lockup for the second $SPIN token airdrop will be “stricter and longer”, but it is unknown how long it will actually be.
March 26, 2023
Quasar ($QSR) Token Airdrop Guide: LIVE NOW!
Quasar is set to launch its mainnet on 23rd March 2023. Its $QSR token launch is confirmed and users of the current testnet can qualify for the airdrop. In this article, we will explain what Quasar is and what you can do to position for the airdrop.

Quasar ($QSR) Airdrop Step-by-step Guide

Here’s how to receive a potential Quasar ($QSR) token airdrop:
1. Connect Keplr Wallet to Quasar Testnet
2. Claim Testnet Tokens from Faucet
3. Bond Testnet Tokens to the Orion Vault
See below for more details

What is Quasar?

Quasar is a specialized capital management blockchain within the Cosmos ecosystem, set to launch its first product: an IBC-integrated, multi-vault strategic investment platform. This development fills a gap in the Cosmos ecosystem, which currently lacks a vault protocol. By utilizing Quasar, users can access yields from every IBC-compatible blockchain.

With Quasar, liquidity providers (LPs) can select a vault for depositing their tokens via single-sided asset staking, receiving enhanced yield returns compared to depositing LP tokens in traditional liquidity pools. Each Quasar vault embodies a distinct strategy executed through an automated workflow. Vaults will cover various services, such as generating yields and offering collateralized loans, while also extending their focus to other ecosystems and blockchain networks.

Project Funding

In February 2023, Quasar successfully raised $6 million in a seed funding round led by prominent investment firms Polychain Capital and Blockchain Capital, with participation from some of the top builders and investors in the Cosmos ecosystem such as Figment, Lightshift Capital, Galileo, Binary, HashCIB, Sunny Aggarwal of Osmosis and Evra, the founding team behind Evmos.

What is the Quasar ($QSR) token?

Yes, Quasar confirmed in its document that they are launching the $QSR native token for the Quasar chain. It will be used for proof-of-stake security via Tendermint Consensus Algorithm. Additionally, $QSR enables full self-governance, granting the community decentralized autonomous organization (DAO) authority to shape the future direction of vault strategies and the treasury. Transaction fees on Quasar will also be paid in $QSR.

How to Receive $QSR Airdrop?

Quasar has hinted in their Discord channel that they may be doing an airdrop. In particular, the airdrop will reward testnet participants. Here’s how to receive a potential $QSR airdrop:
Interact with the Quasar Public Testnet to be eligible for the $QSR airdrop in the future. Here’s a step-by-step guide:
1. Connect Keplr Wallet to Quasar Testnet
  Go to testnet.quasar.fi and connect your Keplr wallet. Switch the network to Quasar Testnet.
2. Claim Testnet Tokens from Faucet
  You can claim $QSR, $OSMO, and $AYY test tokens at stakely.io/en/faucet/quasar-testnet.
3. Bond Testnet Tokens to the Orion Vault
  Once you have your test tokens, click on “Explore Vault”. Then, bond your assets and approve the deposit.
  
  This action locks your tokens within the Vault, and you’ll receive proportional shares as CW-20 tokens unique to that vault. Once your assets reach the Osmosis Testnet chain, they will be automatically distributed into yield-generating AMM pools. You can monitor the progress of the liquidity provider strategy through the vault data dashboard.
4. Submit Bug Report
  If you found any bug, submit your wallet address at the Quasar Testnet Form. They might send you some $ATOM if the bug report is new to them.
5. Become a Validator on Questnet
  You can also join the Quasar Testnet as a validator if you already have Quasar binary running and your node is fully synced. Visit their guide for more details.
Airdrop Review

When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

Likelihood of Airdrop: Quasar confirmed it will airdrop $QSR to testnet users.

Airdropped Token Allocation: They have not disclosed their tokenomics yet.

Airdrop Difficulty: The tasks are very easy to complete. Simply connect your Keplr wallet and bond your testnet tokens to the Orion Vault.

Token Utility: $QSR will be utilized for proof-of-stake security through the Tendermint Consensus Algorithm while enabling full self-governance, allowing the community DAO authority to steer vault strategies and treasury management.

Token Lockup: TBD
March 26, 2023
Thala Labs ($THL) Token Airdrop Guide: CONFIRMED!
Thala Labs is a decentralized finance (DeFi) protocol that is building a yield-bearing stablecoin and a liquidity provisioning layer on Aptos. Thala is currently in testnet phase, and will eventually release its $THL token and airdrop. In this article, we provide the ultimate Thala Labs ($THL) token airdrop guide so you can be in the best position to maximize any potential airdrop.

Thala Labs ($THL) Airdrop Step-by-step Guide

Here’s how to receive a potential Thala Labs ($THL) token airdrop:
1. Go to Thala and connect your wallet.
2. Get testnet APT tokens.
3. Create a vault
4. Deposit $MOD to the stability pool
5. Redeem $MOD for $APT
6. Add to liquidity pools
7. Submit bug reports
8. Collect an exclusive Thala NFT
See below for more details

What is Thala Labs?

Thala is a decentralized finance (DeFi) protocol that operates on the Aptos blockchain. In its most recent funding round, Thala raised US$6 million in a seed round co-led by Shima Capital, White Star Capital and Parafi Capital. Thala offers two main products: Move Dollar and Thala Swap.

Move Dollar (MOD) is a decentralized, censorship-resistant stablecoin designed to facilitate transactions, interactions, and other activities within the Aptos DeFi ecosystem. It is backed by a basket of on-chain assets, including liquid-staked derivatives, liquidity pool tokens, deposit receipt tokens, and RWAs. Hence it provides users with a store of value, a medium of exchange, and a unit of account. MOD also offers users the opportunity to earn yield on their investments.

Meanwhile, Thala Swap is an automated market maker that enables users to create dynamic pool weightings. This protocol supports a variety of pools, such as weighted pools, stable pools, and liquidity bootstrapping pools. Thala Swap unlocks additional use cases for MOD tokens and provides deep, long-term liquidity. Additionally, Thala’s launchpad provides a secure and equitable way of distributing tokens for projects and market participants.

What is the Thala Labs ($THL) token?

THL is the token of Thala Labs- it is a governance token that is native to Aptos. The THL token allows holders to vote on proposals and make decisions about the future of the protocol. Through Thala Improvement Proposals (TIPs), token holders can initiate proposals, vote on issues, and suggest changes to protocol parameters. This allows holders to have a say in the direction of the protocol and transition it to a DAO model.

Will there be a Thala Labs ($THL) token airdrop?

According to Thala’s Documentation, there will be a total supply of 100 million THL tokens. 35 million $THL (35%) is allocated to incentivize people to use the protocol and Thala’s other future products. It is worth noting that in their tokenomics, they specifically mention airdrops in their $THL emissions schedule and total circulating supply graphs. From these graphs, we can see that around 8.3 million $THL will be distributed via airdrops and that this will all be distributed within the first year of their Token Generation Event (TGE).

$THL emissions schedule and total circulating supply (Image Source: Thala Documentation)

With the amount of funding that the project has raised, and the success of the Aptos airdrop in the past, it is highly likely that Thala will also do an airdrop in order to attract even more users onto their platform.

How to get a potential Thala Labs ($THL) token airdrop?

Thala Labs has recently launched Thala Swap on testnet for the general public to try out. It is hoped that using Thala Swap would make you eligible for any potential airdrop. Here’s how to get a potential Thala Labs ($THL) token airdrop:
1. Go to Thala and connect your wallet.
2. Get testnet APT tokens.
3. Create a vault
4. Deposit $MOD to the stability pool
5. Redeem $MOD for $APT
6. Add to liquidity pools
7. Submit bug reports
8. Collect an exclusive Thala NFT
Connect your wallet to Thala

Go to Thala and connect your wallet. Thala currently supports Martian, Pontem and Petra wallets. Note you will need to change to Aptos Testnet to connect to the site.

Thala platform

Get testnet APT tokens

Get testnet APT tokens on Thala by clicking “Faucet”, and “Collect to claim”. Then, choose your wallet and then click “approve”. You can also get APT directly from your wallet (we used Martian wallet). To do this, click “Airdrop”. Then, connect your wallet to Apotos Labs, verify the transactions on your Martian wallet, and click “Activate faucet”. You will then receive 1 APT in your wallet, but you can click “Activate faucet” multiple times to get more APT tokens.

Create a vault

Go to the “Vaults” tab and click “Create vault”. To create a vault, you will need to deposit $APT tokens and borrow $MOD. Note you will need to borrow at least 500 $MOD, meaning that you must deposit at least 70 $APT.

Deposit $MOD to the stability pool

Click on the “Stability pool” tab, choose the amount of $MOD you wish to deposit, and click “Deposit”.

Redeem $MOD for $APT

Click on the “Redeem” tab, choose the amount of $MOD you want to redeem, and click “Redeem”. Note you will need to pay a redemption fee.

Add to liquidity pools

Click on the “Liquidity pools” tab, choose which pool you wish to add liquidity to, then click “deposit”. Select the number of tokens you wish to add then click “Add liquidity”.

Submit bug reports

If you find a bug on the Thala platform, report it! Developers reward this! To do this, go on Thala’s Discord channel and submit a report there.

Collect an exclusive Thala NFT

To collect an exclusive Thala NFT, go to Thala’s Galxe campaign page and complete the 10 tasks to receive an OAT NFT. Tasks include liking and retweeting Thala’s tweets, using ThalaSwap, and joining their Discord etc.

Thala Labs ($THL) token airdrop review

When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

Likelihood of Airdrop: Thala Labs have confirmed they will have a $THL token and will be doing an airdrop. However, the team has not released details of the future airdrops yet.

Airdropped Token Allocation: We can see from their documentation that around 8.3 million $THL tokens will be allocated towards airdrops. Also, any airdrops will be within the first year of their TGE.

Airdrop Difficulty: As they are still in testnet stage, interacting with the protocol is free. So if they do an airdrop to reward early testers of the platform, you could potentially get an airdrop for free!

Token Utility: The $THL token will be used for governance.

Token Lockup: There are no details on the airdropped token lockup yet.
March 26, 2023
SpaceFi ($SPACE) token airdrop guide: Get free money!
SpaceFi is the first web3 platform that will connect the Cosmos and Layer2 networks through zkSync. It offers a variety of products, including a decentralized exchange (DEX), non-fungible tokens (NFTs), a starter platform, and a spacebase. SpaceFi has already confirmed it will launch its $SPACE token, and will distribute some of these tokens via airdrops. In this article, we give you a guide on how you can earn free money with a potential $SPACE token airdrop.

Did you know that zkSync is also doing an airdrop? This will give users the chance to potentially DOUBLE your airdrop rewards if you interact with both SpaceFi and zkSync! Check out: zkSync ($ZKS) Token Airdrop Guide: Earn double rewards!

SpaceFi ($SPACE) airdrop step-by-step guide

Here’s how to receive a potential SpaceFi ($SPACE) airdrop:
1. Request testnet tokens here.
2. Connect your wallet (e.g. MetaMask) to Space.io.
3. Swap some $tSPACE tokens.
4. Add liquidity to SpaceFi pools.
5. Join the SpaceFi Discord.
6. Join the SpaceFi Crew3.
See below for more details

What is SpaceFi?

SpaceFi is a revolutionary platform that will connect Cosmos and the Ethereum Layer 2 ecosystem via zkSync. Through SpaceFi, users can trade, earn, mint, stake, sell, create, and invest in a variety of projects. With SpaceFi, users can swap assets, farm rewards, mint, and stake Planet NFTs, join or create a spacebase, and invest in new projects. SpaceFi provides users with a secure and efficient way to manage their digital assets.

What is the SpaceFi ($SPACE) token?

$SPACE is the native token of the SpaceFi protocol and according to their Tokenomics, would be allocated to stakeholders most aligned with the strategic direction of SpaceFi. The $SPACE token can also be converted into $xSPACE by locking $SPACE at a 1:1 ratio with a 30 days unbonding period. Meanwhile, $xSPACE can be earned from farming on their platform, or converting $SPACE tokens directly. $xSPACE can also be staked on farms to earn more xSPACE and can be used for SpaceFi governance.

SpaceFi will have an initial supply of 60 million $SPACE tokens at genesis. 30 million $SPACE has already been released on Evmos mainnet on 7th March 2023. The remaining 30 million $SPACE will be released on zkSync mainnet when it is launched. The team has already said that a part of these tokens will be allocated toward airdrops and on the platform, there is already an airdrop page up.

SpaceFi airdrop page (Image source: SpaceFi)

How to get a potential SpaceFi ($SPACE) token airdrop?

SpaceFi is already available on zkSync testnet. So one way to potentially get a $SPACE token airdrop is to interact with the protocol in anticipation of the zkSync Era mainnet launch. Here’s how to get a potential SpaceFi ($SPACE) token airdrop:
1. Request testnet tokens here.
2. Connect your wallet (e.g. MetaMask) to Space.io.
3. Swap some $tSPACE tokens.
4. Add liquidity to SpaceFi pools.
5. Join the SpaceFi Discord.
6. Join the SpaceFi Crew3.
Swap $tSPACE tokens

On the platform, click the “Swap” tab. Select how many and which type of token you want to change to $tSPACE, then click “Approve”. Approve the transaction on your MetaMask and click “Swap” and “Confirm swap” on the SpaceFi platform.

Swap tSPACE tokens

Add liquidity to SpaceFi pools

Click on the “Pool” tab and “Add liquidity”. Then choose the 2 tokens you want to add to the pool. You may need to approve the use of the token by clicking “Approve”, then “Supply”.

Join the SpaceFi Crew3

Join the SpaceFi Crew3. On Crew3, You can also complete the quests on Crew3 which include following their social media accounts and joining their guilds. Completing each quest allows you to claim a reward.

SpaceFi Crew3 quests

SpaceFi ($SPACE) token airdrop review

Likelihood of Airdrop: SpaceFi have already confirmed they will do an airdrop. There is even an airdrop page up on their platform!

Airdropped Token Allocation: The team have confirmed a portion of the 60 million $SPACE tokens released at genesis will be allocated towards airdrops.

Airdrop Difficulty: So far, it seems that interacting with the SpaceFi testnet could make you eligible for an airdrop. But, there are many steps that need to be done (though fortunately only with testnet funds). Also, there are quite a few Crew3 quests to do.

Token Utility: The $SPACE token can be used for staking and is given as rewards to SpaceFi’s supporters.

Token Lockup: 60 million $SPACE will be released at genesis (30 million already released on Evmos mainnet, and later, 30 million upon zkSync Era mainnet launch). There will be a total supply of 600 million $SPACE, with token issuance being cut by one-third every year until the maximum supply of 600 million is reached.
March 26, 2023
SupraOracles ($SUPRA) Token Airdrop Guide: LIVE NOW!
SupraOracles’ incentivized testnet is now live, and they are giving away $SUPRA airdrops and GRAND prizes such as cars and Pax gold every month! SupraOracles is built by a renowned research team with deep academic roots. It has a massive network of partnerships and investors. This project has huge potential this year as it gears up towards its mainnet launch in Q2 2023. In this article, we will explain what SupraOracles is and what you can do to position yourself for the $SUPRA airdrop.

Use our invite link to sign up, and both of us will get Stars that unlock $SUPRA tokens! Once you complete the KYC verification and tasks, you can earn a total of 30 stars and 200 $SUPRA. The whole process is very user-friendly and easy to follow.

SupraOracles ($SUPRA) Airdrop Step-by-step Guide

Here’s how to receive a potential SupraOracles ($SUPRA)token airdrop:
1. Sign Up at SupraOracles
2. Complete Missions
3. Enter Grand Giveaway
4. Share Referral Link
See below for more details
Table of Contents

Toggle
What is SupraOracles?

Who is the Team behind SupraOracles?

Does SupraOracles have a Token?

How to Receive $SUPRA Airdrop?

Airdrop Review
What is SupraOracles?

SupraOracles is introducing a new technology called a “cross-chain oracle infrastructure”. This technology allows for accurate and secure transfer of off-chain data between different blockchains and distributed ledger systems. Additionally, the information transfer happens quickly, with a finality of only three to five seconds.

As a result, developers can access timely and precise information to build data applications that are not possible with the oracles today. This opens up new use cases such as derivatives backed by real-world assets, options market, and multi-lateral clearing and settlement across public blockchains.

Who is the Team behind SupraOracles?

SupraOracles is the flagship project by the Entropy Foundation, co-founded by Joshua D. Tobkin and Jon Jones. The research team, led by Dr. Aniket Kate, consists of numerous PhD scholars who are distinguished in their academic fields. These scholars have decades of product development and coding experience in the blockchain industry. (bluffsrehab.com)

SupraOracles currently has over 600 signed integration partners, which includes some of the leading L1 and L2 ecosystems in the world like Ethereum and Polygon. As of now, the oracle testnet is live on 34 blockchains.

Does SupraOracles have a Token?

Yes, SupraOracles plans to launch its $SUPRA token. It will be used to facilitate restaking, which is the process of restaking staked tokens to provide security for other protocols on a layer-1 network. The total supply of $SUPRA is 10 billion tokens.

How to Receive $SUPRA Airdrop?
SupraOracles has allocated 50 million $SUPRA tokens for airdrops in the “Blast Off” community campaign. To participate, simply sign up and complete simple tasks. You can also refer friends to win $SUPRA tokens and enter for a chance to win weekly prizes, giveaways, and private round whitelisting. Here’s a step-by-step guide:
1. Sign Up at SupraOracles
  Use our invitation link to sign up for SupraOracles. Verify your email account and complete the KYC process.
  
  Once you have done so, you will receive stars that can be used to level up your rank and unlock more $SUPRA rewards.
2. Complete Missions
  Once you have set up your account, you will be redirected to the missions page. These missions include video guides and quizzes. After completing a mission, you can unlock your crate to see if you have won $SUPRA tokens or more stars.
3. Enter Grand Giveaway
  You can win real-world prizes every month at the Grand Giveaway, ranging from all-expenses-paid trips to a Supra car.
4. Share Referral Link
  You can share your referral link to earn more stars, allowing you to rank up and earn even more $SUPRA tokens.
Airdrop Review

When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

Likelihood of Airdrop: Yes, the $SUPRA airdrop campaign is now live.

Airdropped Token Allocation: 50 million $SUPRA tokens will be distributed to the “Blast Off” campaign participants.

Airdrop Difficulty: The KYC registration and tasks are very easy thanks to their user-friendly interface. You can also share your referral link with your friends to earn even more rewards.

Token Utility: The $SUPRA token will be used to facilitate restaking, which is the process of restaking staked tokens to provide security for other protocols on a layer-1 network.

Token Lockup: $SUPRA will follow a 12-month cliff and then a 4-year quarterly vesting schedule.
March 26, 2023
Opyn Token Airdrop Guide: How to Qualify for Potential Snapshot
Opyn is an options trading platform built on Ethereum. It currently does not have a token, but the team announced on Discord that they will consider launching one as the protocol matures. As early users, we are in an opportune position to potentially earn massive token rewards. In this article, we will explain what Opyn is and what you can do to position yourself for the airdrop.

Opyn Airdrop Step-by-step Guide

Here’s how to receive a potential Opyn token airdrop:
1. Connect Wallet to Opyn
2. Trade Squeeth (oSQTH Token)
3. Deposit on Crab USDC Strategy
4. Deposit on Zen Bull ETH Strategy
5. Provide Liquidity on Uniswap V3 SQTH-ETH Pool
See below for more details

What is Opyn?

Opyn is a DeFi options trading protocol that allows users to buy, sell or create options on ERC-20 tokens. It is powered by Squeeth, short for squared ETH, which is a derivative contract that tracks the index of ETH². This allows traders to make a leveraged bet on ETH, while also having protection from losses and not needing to worry about being forced to sell.

Does Opyn have a Token?

As of now, Opyn does not have a token yet. However, the team announced on Discord that they plan to launch one down the line as the protocol becomes more decentralized. Moreover, they also mentioned that most of the tokens will be distributed to the community, DAO, or in the form of grants. This means airdrop opportunities for early users of the protocol!

How to Receive Potential Opyn Token Airdrop?
The best chance to receive a potential Opyn token airdrop is to trade Squeeth (oSQTH token) or use deposit strategies on the platform. It is on the Ethereum mainnet, so you will need some ETH for trading and gas fees. Here’s a step-by-step guide:
1. Connect Wallet to Opyn
  Go to opyn.co and connect your MetaMask or other supported wallets. Switch the network to Ethereum, and have some ETH ready.
2. Trade Squeeth (oSQTH Token)
  Use ETH to buy oSQTH at opyn.co/squeeth. You can enter a long or short position, and it will tell how much your profit/loss and breakeven point is if ETH price goes up or down.
  
  You can see all of your open positions at opyn.co/positions, and close them anytime.
3. Deposit on Crab USDC Strategy
  You can earn yields on your USDC on opyn.co/strategies/crab. It is worth noting this strategy favors sideways market conditions for ETH, hence its name.
4. Deposit on Zen Bull ETH Strategy
  You can earn yields on your ETH on opyn.co/strategies/bull. This strategy favors low volatility markets where the price of ETH trends upwards.
5. Provide Liquidity on Uniswap V3 SQTH-ETH Pool
  You can provide SQTH-ETH liquidity at Uniswap via opyn.co/lp. It gives you exposure to ETH 1.5x leverage, but you give up some of your Squeeth in exchange for trading fees.
Airdrop Review

When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

Likelihood of Airdrop: Opyn doesn’t have a token yet, but the team mentioned that they will launch one as the protocol grows in the future.

Airdropped Token Allocation: The team mentioned that most of the tokens will be distributed to the community, DAO, or in the form of grants. This means airdrop opportunities for early users of the protocol!

Airdrop Difficulty: The steps are easy to complete, but it will require ETH.

Token Utility: Token utilities are unknown.

Token Lockup: There are no available tokenomics yet.
March 26, 2023
Synthr ($SYNTH) token airdrop guide: Get ready for free money!
Synthr is a synthetic asset protocol built on Ethereum, Aptos, Sui and Sei. It allows users to mint and trade on-chain derivatives using trustless financial contracts. Most importantly, the team has already confirmed they will do an airdrop! Here’s our Synthr token airdrop guide, which will help you best position yourself for maximum airdrops!

Did you know that some people made over US$10,000 during the Aptos airdrop? Now, Sui is ALSO following suit and doing a potential airdrop. Check out our Sui token airdrop guide!

Synthr ($SYNTH) airdrop step-by-step guide

Here’s how to receive a potential Synthr ($SYNTH) token airdrop:
1. Join their Discord
2. Follow their Twitter
See below for more details

What is Synthr?

Synthr is a DeFi protocol that provides traders with access to a universal and omni-accessible market. It was created by a team of experts in DeFi and traditional investors with real-world trading experience. Synthr’s goal is to enable traders to take advantage of the opportunities offered by DeFi solutions and to break down the barriers of traditional finance. It provides traders with the tools they need to succeed in the ever-evolving world of trading.

Synthr (Image Credit: Synthr)

What is the $SYNTH token?

$SYNTH is the native token of Synthr. According to Synthr’s Whitepaper, $SYNTH will be rewarded for depositing into their vaults. There will be an initial supply of 690,095,238 $SYNTH released at the Token Generation Event (TGE). Most importantly, the team has already confirmed they will allocate 1.7% of these tokens (i.e. 11,731,619 $SYNTH) towards an airdrop. However, there are no further details on when and how Synthr will do the airdrop.

How to get a Synthr $SYNTH token airdrop?

Synthr have confirmed they will do an airdrop, but not how and when this will be. This is likely because Synthr is in a very early stage of development. Their testnet is currently only live for their OGs (of which there are only 100 people). But, is expected to be available for the public in Q1 2023. According to their FAQs, they expect to launch their mainnet in late Q1 2023/early Q2 2023. However, it is likely this will be delayed. Nevertheless, this means you are still early and have a good chance to be part of their future airdrop. Here’s how you can best position yourself for a future Synthr ($SYNTH) token airdrop:
1. Join their Discord
2. Follow their Twitter
Doing this will put you in the best position to be the first to know when details of the airdrop are finally announced.

Synthr ($SYNTH) token airdrop review

When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

Likelihood of Airdrop: Synthr has already confirmed they will do an airdrop. But the details are unknown.

Airdropped Token Allocation: The team has confirmed that 1.7% (i.e. 11,731,619 $SYNTH) of the $SYNTH tokens released at the TGE will be allocated towards airdrops.

Airdrop Difficulty: The Synthr testnet is not open to the public yet. So the only things that can be done now to position yourself for the future airdrop is to join their Discord and follow their social media channels.

Token Utility: The $SYNTH token is given as a reward for depositing into the Synthr vaults.

Token Lockup: Over 690 million $SYNTH will be released at TGE. According to their Whitepaper, the vesting period for a major part of the total token supply have been drawn out for as long as 60 months.
March 26, 2023
Sentiment Token Airdrop Guide: How to Qualify for Potential Snapshot
Sentiment is a lending and borrowing protocol built on Arbitrum. It does not have a token, but the team mentioned on Discord that they did not rule it out. As such, if the airdrop is confirmed, early users of the protocol can potentially earn massive token rewards. In this article, we will explain what Sentiment is and what you can do to position yourself for the airdrop.

Sentiment Airdrop Step-by-step Guide

Here’s how to receive a potential Sentiment token airdrop:
1. Connect Your Arbitrum Wallet to Sentiment
2. Mint a Margin Wallet
3. Deposit Assets on Your Account
4. Swap Tokens
5. Lend Out Tokens
6. Borrow and Repay Tokens
7. Use the ETH Wrapper Feature
See below for more details

What is Sentiment?

Sentiment is a liquidity protocol that enables undercollateralized borrowing and lending. This means that borrowers can create leveraged positions without the need for overcollateralization, which is the more common practice in DeFi. Despite providing capital efficiency and flexibility, the undercollateralized model is challenging in crypto due to the volatile nature of the market. In the event of a default, there is nothing to back the lenders’ fund.

Sentiment aims to solve this issue by assigning a proxy contract that holds the borrower’s collateral and borrowed assets. This means that the borrower never has custody of the loaned assets in their wallet, but they are allowed full control over deploying these assets, as long as it meets the requirements of the system’s risk measures.

Project Funding and Audits

In September 2022, Sentiment successfully raised $2.4 million in a seed funding round led by Archetype Ventures, with participation from Castle Island Ventures, Maxtriport Ventures and numerous angel investors.

Sentiment’s smart contract code has been reviewed and audited by Web3 security firms Arbitrary Execution and Sherlock. Additionally, the team is insuring the first $10 million of total value locked (TVL) on Sentiment in the case of any smart contract vulnerabilities.

Does Sentiment have a Token?

As of now, Sentiment does not have a token. However, the team mentioned in Discord that they have not ruled out the possibility of a token launch. Additionally, DefiLlama has listed Sentiment as one of the tokenless protocols that may have an airdrop.

How to Receive Potential Sentiment Token Airdrop?
The best chance to receive a potential Sentiment token airdrop is to interact with the protocol. On-chain activities are essential to be included in the snapshot for the airdrop. Here’s a step-by-step guide:
1. Connect Your Arbitrum Wallet to Sentiment
  Go to arbitrum.sentiment.xyz and connect your Arbitrum wallet. If you have MetaMask, switch the network to Arbitrum.
2. Mint a Margin Wallet
  Click “Mint A Margin Wallet” on the top right side of the screen. You will need some ETH to cover gas fees.
3. Deposit Assets on Your Account
  Once you set up your wallet, you’ll see your account assets and debt on the main page dashboard. You can deposit some stablecoins, WBTC or ETH to begin using the protocol.
4. Swap Tokens
  Once you deposited your assets, you can swap tokens at arbitrum.sentiment.xyz/trade. You can also select which protocol like Uniswap or Curve to use.
5. Lend Out Tokens
  There are several liquidity pools at arbitrum.sentiment.xyz/invest. You can click “invest” to lend out your tokens for APR rewards.
6. Borrow and Repay Tokens
  You can borrow and repay tokens at arbitrum.sentiment.xyz/borrow. There is a health factor which shows the safety of your deposited assets against the borrowed assets and its underlying value.
7. Use the ETH Wrapper Feature
  You can wrap some ETH or unwrap WETH at arbitrum.sentiment.xyz/wrapper.
Airdrop Review

When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

Likelihood of Airdrop: Sentiment does not have a token, but the team mentioned on Discord that they did not rule it out.

Airdropped Token Allocation: There are no token distribution information yet.

Airdrop Difficulty: You will need some ETH on your Arbitrum wallet to cover gas fees. Other than that, the tasks are relatively straightforward.

Token Utility: Token utilities are unknown.

Token Lockup: There are no available tokenomics yet.
March 26, 2023
Nexon Finance ($NXN) Token Airdrop: LIVE NOW!
Nexon Finance’s testnet is now live on zkSync, and users of the protocol can potentially qualify for an airdrop. In this article, we will explain what Nexon Finance is and what you can do to position yourself for the airdrop.

Nexon Finance ($NXN) Airdrop Step-by-Step Guide

Here’s how to get a potential Nexon Finance ($NXN) airdrop:
1. Connect Your Wallet to zkSync Era Testnet
2. Bridge ETH Goerli to zkSync
3. Claim Testnet Tokens on Nexon Finance
4. Use the Supply, Borrow, Withdraw, and Repay Features
5. Complete Crew3 Tasks
See below for more details.

What is Nexon Finance?

Nexon Finance offers a collection of DeFi lending services that enhance the efficiency of lending and borrowing crypto assets for users. These services are supported by zkSync, a highly secure ZK-rollup that supports almost all tokens and offers instant, low-cost transactions.

By taking advantage of zkSync’s low network congestion, Nexon is able to reduce the impact of high Ethereum gas fees while maintaining security and user control. The Nexon ecosystem includes various products such as pooled lending and peer-to-peer lending, with the goal of creating a comprehensive suite of offerings.

Does Nexon Finance have a Token?

Yes, Nexon Finance confirmed in its whitepaper that there will be a $NXN token. The token offers governance capabilities, enabling stakeholders to make important decisions related to user incentives, grants, and protocol parameters. Additionally, the token provides revenue sharing opportunities, allowing users to earn a portion of the protocol’s revenue by holding the rbNXN token. This incentivizes long-term supporters of the project to continue backing it.

According to its tokenomics, $NXN has a total supply of 97 million tokens. 61% of it will be allocated to community incentives, which usually means an airdrop-opportunity.

How to Receive Potential $NXN Airdrop?
The best chance to receive the $NXN airdrop is to interact with their testnet to be included in the snapshot. Here’s a step-by-step guide:
1. Connect Your Wallet to zkSync Era Testnet
  Go to testnet.nexon.finance and connect your MetaMask wallet. Switch the network to zkSync Era Testnet (or Alpha Testnet if you added the RPC last year).
2. Bridge ETH Goerli to zkSync
  Claim some Goerli ETH for gas fees from faucets such as goerli-faucet.pk910.de or goerlifaucet.com. Then, bridge them to zkSync using the zkSync Bridge. It will take a few minutes for the assets to pop up in zkSync.
3. Claim Testnet Tokens on Nexon Finance
  Click on “Claim Tokens” on the top right hand corner of the screen, then click on “Tweet & Proceed” to start using the testnet.
4. Use the Supply, Borrow, Withdraw, and Repay Features
  Select any asset and enable the “collateral” button on the right side of the tab. You can choose to supply, borrow, withdraw, and repay these assets.
5. Complete Crew3 Tasks
  Nexon Finance has a Crew3 page with various tasks. Connect your Discord account and complete these tasks for a higher chance of receiving an airdrop.
Airdrop Review

When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

Likelihood of Airdrop: Although Nexon Finance has not officially confirmed the $NXN airdrop, their tokenomics show a large portion of the tokens will be allocated for community incentives. This usually indicates an airdrop for testnet users.

Airdropped Token Allocation: $NXN has a total supply of 97 million tokens. 61% of it will be allocated to community incentives (e.g. airdrops)

Airdrop Difficulty: It is very easy to qualify for the airdrop. All you have to do is connect to the zkSync testnet network in your MetaMask, claim testnet tokens, and start supplying and borrowing assets.

Token Utility: $NXN is a governance token that also has revenue-sharing capabilities, incentivizing long-term supporters.

Token Lockup: 12% and 2% of the total supply are allocated to team members and advisors, respectively. There will be a 6-month lockup and 3-year linear vesting for each.
March 25, 2023
Collab.Land ($COLLAB) Token Airdrop Guide: How to claim
Collab.Land announced a token airdrop along with the launch of their DAO and Marketplace. The token claim starts on February 23, 2023. Here’s what you need to do to be eligible for their airdrop.

Check out our Vela Exchange Airdrop Guide and Lens Protocol Airdrop Guide for upcoming confirmed airdrops and how to get them.

Collab.Land ($COLLAB) Airdrop Claim Step-by-Step Guide

Here’s a step-by-step guide on how to claim your Collab.Land ($COLLAB) token airdrop:
1. Go to wagmi.collab.land.
2. Login to your Discord or Telegram account and log in to your Discord or Telegram account. If you hold a Collab.Land Membership or Patron NFT, you should first join the Collab.Land Discord and claim your role before proceeding with the token claim process.
3. After the video, there will be a page showing your $COLLAB token airdrop.
4. Enter your Ethereum address and click “Claim” to have your $COLLAB tokens sent there. No message signature or gas fees are required.
See below for more details.

What is Collab.Land?

Collab.Land provides a community management platform for tokens and NFTs that can be integrated with Discord and Telegram. The platform allows for easy assignment of permissions to users based on their token ownership, so if a user possesses a specific NFT, they can gain access to exclusive channels according to the NFT’s metadata. Collab.Land also performs regular checks in the background to confirm that users still hold the digital assets that allow them to access the community.

Thousands of communities use Collab.Land to provide token-based access to private chats and content, such as Axie Infinity, Time, and NBA Top Shot.

What is the Collab.Land ($COLLAB) token?

The $COLLAB token will be used for governance.

Who is Eligible for the Token Airdrop?

The following four groups are eligible for the $COLLAB airdrop:
1. Verified community members in Discord or Telegram
2. Collab.Land’s top 100 Discord communities based on membership, longevity, and activity
3. Collab.Land Patron NFT holders (token numbers 1-142)
4. Collab.Land Membership NFT holders
For Group 1 and 2, the snapshot was taken on 14th February 2023. For Groups 3 and 4, NFTs can each claim tokens once.

I Missed the Snapshot! Is There a Way to Claim $COLLAB Airdrop?

If you missed the snapshot on 14th February 2023, you can try to purchase a Collab.Land Genesis Membership NFT or a Collab.Land Patron NFT on OpenSea.

How to Claim $COLLAB token airdrop?

Claim your $COLLAB token airdrop anytime between 6pm MST on 23 February and 23 May 2023. Here’s how to claim your $COLLAB token airdrop:
1. Go on the wagmi.collab.land website.
2. Authorize your Discord or Telegram account and log in to your Discord or Telegram account, as the case may be. If you hold a Collab.Land Membership NFT or a Patron NFT, you should first join the Collab.Land Discord and claim your role before proceeding with the token claim process.
3. After the video, there will be a page showing your $COLLAB token airdrop.
4. Enter your Ethereum address and click “Claim” to have your $COLLAB tokens sent there. No message signature is required, and you don’t need to pay gas.
How to claim your $COLLAB tokens (Source: ispeak_nerd)

How many $COLLAB tokens will I receive?

The number of $COLLAB tokens you will receive depends on whether you are a Community Member or NFT holder:
- Community Members on Discord or Telegram each get 10 tokens. So those of you who verified both Discord and Telegram would get 20 $COLLAB.
- Membership NFT holders with token ID between 0 – 28313 (based on a snapshot taken on 14 February 2023 at 12pm PST) will get 1,412 $COLLAB per NFT.
- Patron NFT holders with token ID 0-141 (based on a snapshot taken on 14 February 2023 at 12pm PST) get 281,690 $COLLAB per NFT.
$COLLAB Token Distribution

The total supply of $COLLAB is at 1 billion tokens. The DAO Treasury reserves 50% for future distributions and use. 25% goes to the Lens Protocol team and their partners and investors. The remaining 25% goes to retroactive distribution, which is the airdrop.

Within the retroactive distribution, 60% of $COLLAB goes to the top 100 Discord communities. 16% goes to Collab.Land Patron NFT holders. Another 16% goes to Collab.Land Membership NFT holders, and the last 8% goes to verified community members as of 14th February, 2023.

Airdrop Token Distribution (Source: wagmi.collab.land)

Collab.Land Airdrop Review

When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

Likelihood of Airdrop: Collab.Land confirmed there will be an airdrop on 23rd February, 2023.

Airdropped Token Allocation: 60% of $COLLAB goes to the top 100 Discord communities. 16% goes to Collab.Land Patron NFT holders. 16% goes to Collab.Land Membership NFT holders. The last 8% goes to verified community members as of 14th February 2023.

Airdrop Difficulty: If you made the snapshot on 14th February, you just have to wait and claim the tokens starting on 23rd February. But if you missed it, you can try to purchase a Collab.Land Genesis Membership NFT or a Collab.Land Patron NFT on OpenSea.

Token Utility: The primary purpose of the COLLAB token is to be utilized for governance within the Collab.Land ecosystem. If individuals choose to become a part of this community, they will have the opportunity to participate in the governance process as a member of the Collab.Land DAO. Together, they will vote on feature requests, provide bounties, curate the Marketplace, and undertake other governance-related activities.

Token Lockup: The 25% of the total $COLLAB distributed to the core team, investors and partners have a four-year time-based vesting schedule with a one-year cliff.

Frequently Asked Questions (FAQs)

What is Collab.Land?
Collab Land is a decentralized, blockchain-based virtual world where users can build, share and monetize their own 3D creations.

What is the purpose of the Collab.Land Token Airdrop?
The purpose of the Collab.Land Token Airdrop is to reward early adopters of the Collab Land platform with free $COLLAB tokens

What is the value of $COLLAB tokens?
At the time of writing, the value of $COLLAB tokens are $0.254554

How can I get $COLLAB tokens?
You can get $COLLAB tokens if you were eligible fo an airdrop. Otherwise, $COLLAB tokens are traded on UniSwap. See our Uniswap tutorial here.

How many $COLLAB tokens will I receive?
Community Members on Discord or Telegram will each get 10 tokens. So if you verified both Discord and Telegram, you would get 20 $COLLAB. Membership NFT holders with token ID between 0 – 28313 will get 1,412 $COLLAB per NFT. Patron NFT holders with token ID 0-141 get 281, 690 $COLLAB per NFT.

When will the $COLLAB token airdrop end?
You can claim your $COLLAB token airdrop anytime between 6pm MST on 23 February and 23 May 2023

How do I claim by Collab.land $COLLAB token airdrop?
Go to wagmi.collab.land. Authorize and log on to your Discord or Telegram account. After watching the video, enter your Ethereum address to receive your $COLLAB.
March 25, 2023
Quai Network ($QUAI) Token Airdrop LIVE: Earn $2000 for Free
Hunting for crypto airdrops is a great way to make free money. Some people have made as high as $10,000 from the Aptos token airdrop. If you missed it, Quai Network is another upcoming project with airdrop qualifications happening right now. Let’s take a look at what Quai Network is and what you can do to receive their token airdrop before it’s too late!

Quai Network ($QUAI) Airdrop Step-by-step Guide

Here’s how to receive a potential Quai Network ($QUAI) token airdrop:
1. Engage with Quai Network’s Twitter
2. Engage with Quai Network’s Reddit
See below for more details

What is Quai Network?

Quai Network is a decentralized network of multiple proof-of-work (PoW) blockchains running in unison. These blockchains have native interoperability, allowing for cross-chain transactions and messages. It is also fully EVM compatible, allowing any Solidity contract to be ported and deployed.

Quai Network provides a novel approach to blockchain scaling, different from parallel processing chains such as Aptos and Sui. It aims to maximize the energy efficiency of PoW by introducing the concept of modularity.

Proof-of-Work 2.0 (PoW2)

Quai Network sought to improve upon the PoW consensus mechanism by addressing its environmental concerns. For the longest time, Bitcoin’s PoW algorithm has been infallible, but it also consumes massive amounts of energy. And it will continue to rise as mining difficulty increases after every Bitcoin Halving event. This is why Ethereum switched to proof-of-stake (PoS).

But Quai Network believes that PoS is inherently centralized due to the amount of money it requires to be a validator, creating a gap between the validator “class” and everyday users. Therefore, Quai Network has introduced an upgraded version of PoW called Proof-of-Work 2.0 (PoW2) where hash power can be reused to secure multiple chains. This is achieved by utilizing a novel combination of merged mining and sharding, reducing computational cost while allowing the network to scale more efficiently.

Merged Mining

Merged mining is the process of securing multiple blockchains with one miner, allowing miners to earn rewards in multi cryptos without having to switch between networks or use additional hardware. It was first conceived by Satoshi Nakamoto in the Bitcoin white paper, in which a completely seperate blockchain could share CPU power with Bitcoin, inheriting the same security and decentralization of Bitcoin without requiring dedicated miners.

Quai Network uses this concept, but instead of having Bitcoin as a parent chain, it has its own parent chain (the Prime Chain) which secures the many other chains beneath it by sharing hashrate. This improves throughput over monolithic chains such as Solana without the need for layer-2 solutions. Moreover, Quai Network is horizontally scalable, which means additional chains can be added to meet network demands. This is possible because of their multi-chain architecture.

Multi-Chain Architecture

Quai Network’s architecture makes use of sharding by dividing a single blockchain into multiple smaller and faster blockchains to improve network performance, similar to Ethereum and Polkadot. Its network is divided into a hierarchical structure of three different types of chains. At mainnet launch, Quai Network will begin with the single Prime Chain, three Region Chains, and nine Zone Chains.

Source: Quai Network
- Prime Chain
The Prime Chain is at the core of the entire network, utilizing a hashing algorithm that is shared across all subordinate chains (Region and Zone). It aggregates and settles state transitions across the network, which means miners are required to mine the Prime Chain to keep the blockchains functional.

However, it has the highest mining difficulty, which means it has the slowest throughput (one block every 15 minutes). Therefore, it is not ideal for simple transactions and DApp activities. It is mostly for use in situations where the whole network is being addressed and securing the network.
- Region Chains
There are three Region Chains at mainnet launch: Cyprus, Paxos, and Hydra. These chains have lower mining difficulty, thus a higher throughput than the Prime Chain (one block every 5 minutes). These chains handle lesser network interactions that are not necessary to address the entire network. They can also interact natively on the network, but each require unique mining power. Therefore, a miner can only mine a single Region Chain at a time, in addition to the Prime Chain.
- Zone Chains
At mainnet launch, each Region Chain will have three Zone Chains under it. These Zone Chains have the highest throughput (one block per 10 seconds) and TPS capacity, making them ideal for regular transactions and contract interactions. As such, most activity on Quai Network will occur on Zone Chains. They are also able to interact with other Zone chains, even those under different Region Chains. But similar to Region Chains, miners can only select one Zone Chain to mine.
- Coincident Blocks
Coincident Blocks tie the whole hierarchal structure together, linking all chains which enables cross-chain state transfers and periodic pegging of all chains to the Prime Chain’s total work. These blocks allow the entire network to inherit the same security of the Prime Chain, governed by three rules:
1. All Prime blocks must contain a Region and Zone block.
2. All Region blocks must contain a Zone block.
3. Zone blocks can be mined asynchronously without being included in a Prime or Region coincident block.
Source: Quai Network

Basically, a Coincident block occurs when (1) a Prime, Region, and Zone block are confirmed at the same time OR (2) when just a Region and Zone block. Each time a Coincident block is mined, all blocks since the last coincident block are then confirmed by the Region Chain, continuing upwards until the Prime Chain — think of it as a roll call. Therefore, chains lower in the hierarchy can inherit the security of the Prime Chain while still conducting independent activities.

Who is the Team behind Quai Network?

Quai Network is developed by Dominant Strategies, a technology development company based in Austin. The company was co-founded in 2019 by Alan Orwick, Jonathan Downing, Karl Kreder, Yanni Georghiades, and Sriram Vishwanath, all of whom worked together in the Electrical and Computer Engineering department at the University of Texas. They co-wrote and published the white paper for Quai Network in December 2021.

Dominant Strategies has raised $10 million over two funding rounds — $8 million from Polychain Capital in March 2022 and $2 million from Alumni Ventures in May 2022.

Does Quai Network have a Token?

Yes. $QUAI will be used to ensure network security and as an exchange of value in the ecosystem. Their token supply is hard-capped but its total number is not yet determined. According to their tokenomics, 25% is distributed as “adoption incentives”, 3% for “community” and 0.5% for “testnet incentives.” This means token airdrop opportunities for early users of Quai Network!

Source: Quai Network

How to Receive Quai Network ($QUAI) Token Airdrop?

Quai Network has a Social Media Rewards Program that will airdrop $QUAI tokens for engaging with their Twitter, YouTube, Reddit, TikTok, and Instagram. Compared to other projects, this is one of the easiest ways to earn free tokens.

To begin, join their Discord server and follow their Twitter account. Afterwards, you can check your rewards on the Quai Dashboard. If you have a Citizen role in their Discord server, you will have a 1.5x multiplier for your $QUAI rewards. You can obtain it by completing their survey here. It is easy to do if you have some degree of understanding of the project.

From here on out, Quai Network will reward you $QUAI tokens for your engagement with their social media platforms. As of now, only Twitter and Reddit rewards are available. YouTube, TikTok, and Instagram rewards will be available soon.
- Twitter
1. Follow Quai Network.
2. Follow additional team accounts.
3. Liking and retweeting Quai Network’s Tweets that are less than seven days old (limited to twice a day).
4. Make a Tweet mentioning Quai Network. Original and insightful Tweets that are liked or replied by Quai Network will grant you additional rewards.
- Reddit
1. Make a unique post in their channel (limited to twice a day).
2. Make a post about Quai Network in another approved crypto-related Subreddit (limited to twice a day).
It is worth noting that your account must have more than 50 post/comment karma, and the post must be approved by their team. Therefore, it will some time for your rewards to show if you make a post on Reddit.

Quai Airdrop Review

When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

Likelihood of Airdrop: Quai Network’s token airdrop is now live!

Airdropped Token Allocation: According to Quai’s tokenomics, 25% will be distributed as “adoption incentives”, 3% for “community” and 0.5% for “testnet incentives.” This could mean token airdrop opportunities for early users of Quai Network!

Airdrop Difficulty: Quai Network has a Social Media Rewards Program that will airdrop $QUAI tokens for engaging with their social media accounts on Twitter, YouTube, Reddit, TikTok, and Instagram. This is one of the easiest ways to earn free tokens compared to other projects!

Token Utility: The $QUAI token will be used to ensure network security and as an exchange of value in the ecosystem.

Token Lockup: Participants of Quai Network’s Social Media Rewards Program will receive their $QUAI tokens upon Quai Network’s Mainnet Launch
March 25, 2023