Why Participating in Airdrops is Worth It
Last updated
Last updated
One of the primary benefits of participating in crypto airdrops is the potential for financial gains. Airdrop token holders can earn passive income without needing to invest in digital assets or putting in much effort. These tokens can increase the value of one's cryptocurrency holdings and can sometimes be converted to other cryptocurrencies or fiat money, providing tangible financial benefits to the participants
As previous airdrops such as Arbitrum, dYdX, ENS, Uni, and 1inch have shown, participating in airdrops can be highly lucrative. Often, with minimal effort, one can receive several thousand dollars, and by being more proactive, it’s not uncommon to earn tens or even hundreds of thousands of dollars per account! By operating multiple accounts, we multiply our potential profits.
By participating in airdrops, we perform actions on various DEXs (decentralized exchanges) and other protocols, leaving a permanent trace on the blockchain. Such long-term portfolio value building will bear fruits in the future.
Absolutely! Most of these projects, such as LayerZero, StarkNet, zkSync, and many others, are entirely new blockchains or layers connecting them (like LayerZero). The potential of these projects is immense; many have raised hundreds of millions of dollars in funding rounds and are just starting their journey. Over time, new projects like exchanges, loan systems, social portals, and many others will be built on their base. Most of these projects will also have their tokens, and therefore, in many cases, also airdrops. By acting now on major projects, we build the credibility of our account, laying the foundation for future airdrops.