Fresh Opportunities for Crypto Airdrops as Market Continues to Surge Present Lucrative Prospects for Token Earnings
Crypto enthusiasts on the lookout for promising airdrops with top-tier investor support have a variety of options to explore.
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Discover Five Airdrops Backed by Tier-1 Investors
Explore the top 5 upcoming airdrops and learn about the prestigious venture capitalists backing them.
Story Protocol
Embracing Web3 technology, Story Protocol is focused on tokenizing Real-World Assets like intellectual property (IP) to enable owners to share revenue and generate profits.
Although the details of the airdrop are yet to be confirmed, Story Protocol has secured a substantial $134 million in venture capitalist (VC) funding. Key investors in the three-round fundraising effort include Andreessen Horowitz, Polychain Capital, Hashed Fund, Mirana Ventures, and Balaji Srinivasan, a former Coinbase executive.
To participate in the airdrop, users need to complete specified tasks on the testnet and mint the Iliad launch IP asset on the Story Iliad testnet page. Engaging with the testnet may lead to an airdrop if the token goes live.
Find out more: Understanding Crypto Airdrops
Praxis Society
Positioning itself as a network state, Praxis Society is an upcoming airdrop project that has raised a significant $544 million in funding. Notable VCs such as Paradigm, Winklevoss Capital, Gem Digital, and Apollo Projects participated in the fundraising efforts.
“Praxis Society recently concluded a second funding round, bringing the total raised to $544.2 million,” as confirmed by an airdrop enthusiast here.
Prospective participants can apply for the Citizenship role by completing a form provided by the airdrop project. Thorough completion enhances the chances of securing Citizenship, with successful task completion potentially leading to rewards and airdrop opportunities.
Azra Games
Azra Games, a blockchain-based video game developer, has confirmed its airdrop following a successful funding round of $67.70 million led by Pantera Capital and Andreessen Horowitz. Other major backers include Coinbase and Franklin Templeton Investments. The funding supports the development of what Azra describes as the “4th generation of mobile RPGs”.
Various activities are available in the project for potential airdrop participants, including joining the waitlist and the Discord community. Users must also connect their wallets and complete quests to earn points.
As the project is still in its early stages, active engagement positions participants as early adopters.
Vana Network
Vana Network, a potential airdrop contender, has raised up to $25 million in funding, with Coinbase Ventures, Polychain Capital, and Paradigm leading the way in providing tier-one support. The project aims to revolutionize the AI and data ownership sectors.
The project has introduced the Data Hero Bot on Telegram, enabling data pioneers to complete challenges and pre-mine VANA points, which will later be converted into VANA tokens post the token generation event (TGE).
Additional activities that make participants eligible for the airdrop include contributing data to relevant DataDAOs for increased rewards, inviting referrals for bonus points, and installing a Vana Node on the test network for more rewards.
CCP Games
With a noteworthy $40 million raised, CCP Games is a prominent airdrop supported by major VCs like Andreessen Horowitz, Hashed Fund, Makers Fund, Nexon, Bitkraft Ventures, and Kingsway Capital.
The project has announced its airdrop in conjunction with the ongoing Phase 4 of the EVE Frontier closed test. Airdrop Adventure, a platform specializing in airdrop research, predicts that the distribution could take place by the end of the year or shortly thereafter.
Find out more: Top Airdrops Coming in 2024
According to the project’s official FAQ, an EVE Token will be minted on Ethereum, serving as a utility token for external value exchange. Additionally, a LUX Token will facilitate in-game transactions. To participate in the airdrop, users need to complete specific social tasks and invite friends.
Crypto enthusiasts keen on growing their token portfolio may find these projects worth exploring to maximize airdrop opportunities. Nonetheless, it is important to exercise caution and implement proper risk management measures due to potential security risks associated with engaging in new crypto ventures.