Besides buying crypto assets through exchange platforms, there is now another method that has gained popularity among many people: crypto airdrops.
Crypto airdrops allow everyone to receive NFT or crypto assets for free. In 2024, many projects are expected to launch airdrops, and here are the 4 crypto projects likely to launch airdrops in 2024.
1. EigenLayer
EigenLayer is the first and the most anticipated project to launch its crypto airdrops in 2024. This protocol on the Ethereum network enables users to stake their liquid staking tokens (LSTs).
Users receive LSTs as receipt tokens for staking Ether (ETH) on platforms like Lido, RocketPool, and Coinbase Earn. EigenLayer enables these LSTs to be restaked, bringing crypto-economic security to rollups and decentralized apps (dApps).
Developers generating new rollups or dApps can use their network’s integrated security rather than building a new validator network. Restaked coins are collateral, therefore operators must act honestly or risk losing their holdings.
According to The Block’s official website, the EigenLayer development team has announced that they will issue a crypto airdrop for staking users between May and September 2024.
2. LayerZero
LayerZero is the next project that will most likely conduct its own crypto airdrop. LayerZero Labs, the developers of the cross-chain communication protocol, previously performed an initial snapshot that looks to be relevant to future airdrop distribution to its community members.
This snapshot, which reflects the last time transactions were considered eligible for the forthcoming airdrop, was taken on May 1, 2024.
The LayerZero crypto airdrop is part of a bigger attempt to incentivize early adopters and contributors to the growth of their ecosystem while also decentralizing governance power on the network.
Although the particular rewards for using the network have not yet been revealed, this timing is consistent with the company’s previous statement of the token’s introduction in the first half of 2024.
3. MetaMask
MetaMask is the next project anticipated to offer a crypto airdrop to its engaged subscribers in 2024. MetaMask has over 30 million monthly active users, making it one of the most popular cryptocurrency wallets on the market today.
Joe Lubin, CEO of ConsenSys, stated in November 2021 that a native coin from their platform may be produced in the future. This news triggered widespread discussion in the crypto world regarding the potential of a cryptocurrency airdrop.
Then, in March 2022, he disclosed that MetaMask intends to issue its money and form a Decentralized Autonomous Organization (DAO) to achieve ‘progressive decentralization.’
Given the improving condition of the crypto industry since the beginning of this year, MetaMask may soon launch its crypto airdrop, taking advantage of the right momentum.
4. Scroll
Scroll is an Ethereum Layer 2 scaling solution that, like EVM, uses ZK technology to enable faster and more efficient transactions while maintaining the main network’s security.
Although the development team has not officially confirmed an airdrop program, many people believe that this project will shortly conduct a crypto airdrop.
Every user can qualify for Scroll’s airdrop by completing a few simple procedures. They only need to communicate directly with the network, such as swapping, bridging, and other tasks.
Closing Thoughts
Given the crypto industry’s ongoing improvement since the beginning of 2024, particularly following the bitcoin halving earlier, there is no harm in attempting to obtain free NFT or crypto assets by participating and contributing to some of the projects indicated above, which are expected to launch airdrops this year.
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