The crypto market continues to show strength, with Bitcoin eyeing the $70,000 psychological level. Amidst the broader market optimism, well-informed investors are now eyeing crypto airdrops as a potentially lucrative avenue.
For investors and crypto enthusiasts, these airdrops offer the chance to acquire new tokens and join the vibrant crypto communities. Airdrops aim to distribute free tokens while attracting new followers and expanding user bases. This week, there are four significant airdrops to watch.
SupraOracles: Countdown to Blast off
SupraOracles is airdropping free SUPRA tokens after the Snapshot on October 21. The fundraiser raised $26.52 million, and participants included Coinbase Ventures, HashKey Capital, Animoca Brands, and HTX Ventures.
Users who completed simple airdrop tasks, including participating in the airdrop campaign and completing tasks, can now see the eligible tokens. The users can also select a token claim plan to confirm the token claim method, with participants that fail to choose expected to be enrolled into a 30-month vesting plan automatically.
Read more: What are Crypto Airdrops?
Additionally, SupraOracles has unleashed another activity named Supra Starcade, with 250 million SUPRA tokens allocated. It comes amid a bigger prize pool and more user transactions. Participants will have to guess the prices of different tokens, and all activities will take place in the test network.
Following an October 19 snapshot, new developments have emerged in the Scroll airdrop. The project recently raised $80 million in a fundraiser led by Polychain Capital, with participation from Variant, IOSG, and Bain Capital Crypto. This brings the Scroll airdrop closer to fruition.
The momentum comes after the listing of Scroll’s SCR token on Binance’s launch pool, setting the stage for formal community rewards. The SCR token will debut on major cryptocurrency exchanges on Tuesday, October 22, alongside the launch of the claim portal, allowing farmers to redeem the airdrop.
The airdrop will likely be based on marks accumulated by various Ethereum addresses. On-chain footprint criteria will also be used to filter out Sybil attackers and bots. As reported by BeInCrypto, 1 billion SCR tokens will be available, with 15% allocated to the airdrop, split into two phases of 7% and 8%.
Despite this, community sentiment around the airdrop appears sour. Concerns have arisen about the team’s ability to offer substantial rewards to over 2 million active addresses. Additionally, speculation suggests that some insiders may have unfairly accumulated large amounts of marks.
“Scroll team is so greedy! After allocating %23 to themselves, they also chose to sybil the airdrop by allocating team addresses 1m+ marks each,” said Anon Vee, a crypto investor and trader on X.
Eclipse: Blockchain Infrastructure Token Watchlist
Eclipse, the first Ethereum Layer-2 solution powered by Solana Virtual Machine (SVM), has raised $65 million from investors including Polychain Capital and Delphi Ventures. Tribe Capital, Hack VC, and Placeholder Ventures also co-led contributions.
Although the reward date remains uncertain, Eclipse is among the potential airdrops expected this week. To participate, users will need to mint NFTs as the project’s mainnet or official bridge becomes operational.
“To honor this milestone, claim “Path of Discovery”, a commemorative NFT designed by Nio on Scope. Mint is open for 7 days,” Eclipse wrote.
Notably, participants must add the Eclipse network to their wallets before minting the NFTs, with the bridge allowing a minimum of 0.002 ETH per transaction.
Aptos: Production Ready Blockchain
In the pursuit of new projects, airdrop farmers could forget about existing giants like Aptos. Based on the project’s tokenomics, 51% of tokens are allocated for community rewards. The airdrop also comes as a celebration of the second anniversary of the launch of the mainnet.
Against these backdrops, Aptos has raised $350 million in a fundraiser co-led by Binance Labs, Andreessen Horowitz (a16z), DragonFly Capital, FTX Ventures, and Jump Crypto. Other participants include Coinbase Ventures, Circle, and Multicoin Capital.
With this, it also passes as a potential airdrop with participation involving NFT minting. Aptos released a limited edition NFT to celebrate the second anniversary of the launch of the mainnet.
“Cheers to Two Years! If you’re here, you’re early to celebrate the 2nd Anniversary of Aptos Mainnet, we’ve released a commemorative AptosTwo NFT—available for a limited time. Mint yours today and tell all your friends you were first,” Aptos shared.
Read more: Best Upcoming Airdrops in 2024
While it did not indicate whether there will be an airdrop for this NFT, the mint is free and can give bonuses from Aptos, as well as projects from the Aptos ecosystem.
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