The crypto community offers many ways to earn passive income. One of the most popular is participating in airdrops. Airdrop is a marketing event to promote awareness of a new currency by motivating users to perform certain actions to send free coins or tokens to wallet addresses. There are many types of airdrops on the web today. We've selected the most popular and effective ones.
Galxe, Zealy and similar rewards platforms are designed to incentivize user engagement with various blockchain projects. By participating, you can earn tokens through activities such as following social media channels, engaging with content, or completing surveys.
The higher the level, the more difficult the tasks and the more rewards you can earn. The final stages usually involve submitting review videos or writing articles, which can be generously rewarded.
Galaxy became the starting point of such projects as Optimism, Polygon, Arbitrum with over 2.5K partners using reward-based loyalty incentive programs. Such airdrops as Polyhedra Network on Galaxy are used to reward loyal users for engaging with zkBridge cross-chain products, social media engagements and community interactions. Users receive zkBridge tokens for completing tasks.
Ambassador programs promote a project through community leaders. Ambassadors help spread the word about the project in exchange for tokens. They can also expand their audience by promoting other projects.
Ambassador rewards may include access to exclusive project details, referral bonuses, passes to internal events, special discounts on products or services, and other rewards.
One of the most prominent ambassador programs of this year are Hela, Nexo and Moonbeam offering competitive salaries, insights and exclusive perks.
Testnet is usually built to test and develop new blockchain applications, smart contracts or platforms. So when users participate in testing the functionality of the main network, they both improve the system and get great rewards for it.
Testnets can foster the sharing of experiences and internal discussions that lead to great improvements.
One of the biggest testnets this year is Taiko, a fully Ethereum equivalent ZK rollup. Users get rewards for trading test tokens and completing quests on Taiko's Galxe page.
Community roles can often be rewarded with great bonuses and dividends. This is especially true for Discord, where community points can equal Discord XPCommunity members can earn points by sending memes, tweets, twitter or youtube videos, and outstanding community support within the community (which is usually the biggest reward).
Huge projects like Neon or Trust Wallet always implement such systems in their Discord platforms.
The common reward system might look like this :
95% projects nowadays reward active users who perform numerous actions on their platforms and, thus, improve the system.
Such activities include interactions with protocols, liquidity provision/staking and trading.
For example, this year ATOM stakers already received 500% from the staking body.
Staking of SOL, ETH, ATOM and other top coins may bring you good passive income.
Play-to-airdrop is another way to launch a cryptocurrency. Typically, you can earn points by completing in-game tasks, special in-game events, and posting on social media. The more activities you do, the bigger your reward.
The top projects to participate in 2024 are Illuvium, Sipher, The Beacon, Pixelverse and Shrapnel. All of these games have interesting game mechanics and user engagement and offer rewards for in-game activities.
No matter which airdrop you choose, be sure to read all the rules before the tokens are distributed. Choose wisely and good luck with your winnings!
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