Overview of Airdrop Opportunities in 2024

The cryptocurrency market is warming up in 2023, with multiple projects offering Airdrop rewards. From Arbitrum, Celestia to Jito, XAI, and Big Time, there are opportunities to receive Airdrops in various sectors. Looking ahead to 2024, the number of confirmed Airdrop projects is substantial, and as the market continues to improve, it is expected that even more projects will join the Airdrop ranks.

This article will outline some sectors and projects worth paying attention to, helping you seize potential airdrop opportunities.

Solana Ecosystem

The Solana ecosystem is one of the areas that airdrop hunters pay the most attention to. Here are some project updates worth noting:

• Marginfi: Launched its points system last July, possibly one of the earliest projects to conduct an Airdrop.

• Kamino: The first season points event has been launched, retroactively awarding points from previous rounds. A genesis Airdrop is planned for April. In collaboration with Meteora, users can earn points rewards for both projects simultaneously.

• Drift: The first season's points have ended, and an airdrop is expected to occur in April. The retrospective points will be distributed after the points event concludes.

• Parcl: The second season points event is ongoing, with a total of three seasons. It may conclude in the first half of the year and initiate an Airdrop.

• Zeta Market: The Season 2 points event starts on January 10th, with higher profit rankings earning larger point multipliers. A special trading event has recently been launched.

• Magic Eden: Launched a multi-chain wallet, allowing users to mint certain NFTs for free in February. Using its wallet also provides additional points and Airdrop opportunities on other platforms.

Cosmos Ecosystem

In the Cosmos ecosystem, Celestia stands out. Staking not only has the potential for Airdrop rewards but also provides substantial staking rewards. However, it is important to be aware of the risks of token depreciation and the opportunity cost of the lock-up period.

Recommended Staking Tokens

• ATOM: Governance token of Cosmos Hub, usually the preferred choice for Cosmos Airdrop.

• TIA: Celestia is highly regarded for providing DA services to multiple public chains.

• OSMO: Osmosis is the DeFi gateway of Cosmos and has received multiple project Airdrops.

• INJ: The Injective ecosystem has just begun, and several projects have confirmed Airdrops this year.

Staking Strategy

1. Use Keplr wallet
2. Select the chain you want to stake on the Keplr staking dashboard.
3. Choose non-exchange validators ranked outside the top 20
4. It is recommended to stake an amount of at least around 100U.

Bitcoin Ecosystem

With the surge of inscriptions, the importance of Bitcoin L2 has become prominent. Here are some projects worth paying attention to:

• B² Network: A BTC Rollup using zero-knowledge proof technology. Currently, there are the Odyssey testnet and Buzz deposit points activities.

• Merlin Chain: An L2 built on the native assets of the Bitcoin chain. The mainnet is expected to go live in February, with incentive activities to be launched.

• BounceBit: A dual-token PoS mechanism BTC staking chain developed by Bounce Finance. Currently, it adopts a model where assets deposited earn points.

Conclusion

With numerous opportunities, investors should allocate their time and assets reasonably based on their own situation. In the future, we will continue to focus on ecosystems such as Sui and Sei, as well as airdrop opportunities in areas like unlaunched public chains and re-staking.