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Want to earn free cryptos? With crypto giveaways and airdrops happening in the crypto industry, you can easily earn small or large amounts of crypto. In this monthly blog edition, we share crypto giveaways or airdrops happening in the crypto space. Read the blog till the end to check March month’s top giveaways and airdrops.
Before moving forward, here’s a quick definition of airdrops.
What are Airdrops?
A crypto airdrop is a way to obtain free coins from a crypto project. These coins can be obtained in several ways. Free coins are frequently connected with an airdrop; however, this is only sometimes the case. You are required to put in the necessary time and effort, or you may risk having to pay transaction costs. However, you can also take part in an airdrop for almost nothing!
A recipient might need to have a particular number of cryptos in their wallet to be eligible for the gift. Alternatively, they might be required to do a specific activity, such as publishing a blog post, interacting with a significant member of the blockchain project, or blogging about the coin on a social media platform.
For detailed information on airdrops, click here.
Now, let’s have a look at the top airdrops and giveaways happening in March ’24.
#1 Blast (BLAST) Airdrop
Blast operates as an L2 solution with inherent yield capabilities for both ETH and stablecoins. The yield is generated through ETH staking and RWA protocols and automatically distributed to Blast users. While other L2 platforms offer a 0% default interest rate, Blast stands out with 4% for ETH and 5% for stablecoins. This yield opens new revenue streams and introduces innovative rewards for end-users, who conduct transactions and build Decentralized Applications (Dapps) on ETH.
Having secured $20 million in funding from investors such as Paradigm and Standard Crypto, Blast has officially launched its mainnet. An airdrop has been confirmed to reward early users, and participants can accumulate points by signing up with an invite code or connecting their wallet, bridging ETH, and inviting friends. Those who bridged to Blast before the mainnet launch enjoy a 10x multiplier on their earned points. Engagement with Dapps on Blast earns users Blast Gold. In May, airdrop points and Blast Gold can be converted into BLAST tokens.
Here’s how you can be a part of the airdrop:
- Visit the Blast website.
- Connect your wallet or use the invite code to access the platform.
- Head to the Bridge section and transfer ETH or supported tokens from Ethereum to Blast L2.
- Ensure you have some ETH or compatible tokens on Blast to be eligible for bridging.
- Earn Blast points based on the amount you’ve bridged.
- Enjoy a 4% interest rate for ETH and 5% for stablecoins, a contrast to the 0% on other L2s.
- Early access participants must move deposited tokens to Blast Mainnet to start earning points.
- Early access contributors receive a 10x multiplier on earned points, with bonuses tied to milestones.
- Referral bonuses unlock only when referred users also unlock their bonuses.
- 50% of the Blast airdrop pool is for users, and the remaining 50% is for Blast developers.
- Developer points, known as Blast Gold, are allocated by top projects and received by users interacting with Dapps on Blast.
#2 MODE (MODE) Airdrop
Mode stands as an Ethereum Layer-2 blockchain meticulously crafted for accelerated expansion. Utilizing Optimism’s OP Stack, Mode facilitates swift application development and deployment of EVM-compatible applications.
Its primary objective is to empower developers and users to foster a thriving ecosystem of top-tier applications, offering direct rewards for their contributions through referral incentives and revenue secured by contracts.
To kickstart this initiative, Mode is conducting an airdrop of 550,000,000 MODE tokens for early participants.
Here’s how you can be a part of the airdrop:
- Visit the Mode airdrop page.
- Enter the invite code if you have any.
- Connect your Twitter account.
- Connect your wallet.
- Earn points based on past on-chain activity with DeFi protocols and NFTs on other networks.
- Bridge ETH, USDT, USDC, or WBTC from the Ethereum mainnet to Mode to secure points (obtainable from Binance).
- Bridge more assets to earn additional points during the time they remain on Mode.
- Users bridging within the first seven days receive a 1.2x points multiplier.
- Refer friends to earn 16% of the points they accumulate during the campaign.
- Utilize the ecosystem apps mentioned on the airdrop page to earn a 2x points multiplier.
- Points acquired will be converted to MODE tokens at the token launch.
#3 B² Network Airdrop
B² Network is a Layer-2 solution that enhances transaction speed and expands application diversity without compromising security. It is the first zero-knowledge proof verification commitment rollup on Bitcoin, utilizing rollup technology to enable Turing-complete smart contracts for off-chain transactions, thereby improving transaction efficiency and reducing costs.
Backed by HashKey Capital, OKX Ventures, KuCoin Ventures, and more, B² Network is currently airdropping 5% of the total supply to users participating in the Buzz airdrop campaign.
Here’s how you can be a part of the airdrop:
- Visit the B² Network Buzz airdrop page.
- Input the invite code if you have any.
- Follow them on Twitter, connect your wallet, and complete the sign-up process.
- Deposit tokens, including BTC on the Bitcoin network, wBTC, USDT, USDC, and ETH on Ethereum, BTCB on BNB Chain, ORDI, SATS, and MATIC.
- Bridged assets can be withdrawn back to Layer 1 networks in April 2024.
- Begin earning yield and points based on the value of bridged assets and the duration of staking.
- Earn additional parts for each successful referral.
- Accumulate parts to assemble mining rigs.
- In phase 3 of the Buzz campaign, users gain the opportunity to mine B² tokens, mimicking the process of Bitcoin mining. The number of rigs owned directly impacts the tokens that can be mined.
Conclusion
In this blog, we have mentioned the websites and projects organizing airdrops for their users. You can participate in these events and get some free tokens. Although, it’s always advisable to do thorough research because of the unending scams happening now and then.
Don’t forget to DYOR. Happy Trading!
Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
