Overview of Potential Airdrop Opportunities in 2024 (Part 1)

In 2023, the overall cryptocurrency market has warmed up, with multiple projects taking advantage of the bull market to distribute Airdrop rewards to supporters. From Ethereum L2 Arbitrum, modular blockchain Celestia, Solana ecosystem's Jito, gaming L3 XAI to the Airdrop of the blockchain game Big Time, we can see that there are opportunities to receive Airdrops in various sectors.

According to data statistics, there are numerous confirmed airdrop projects in 2024. As the market continues to improve, it is expected that more projects will conduct airdrops in 2024. This article will outline some noteworthy sectors and projects to help readers seize potential airdrop opportunities.

1. Solana Ecosystem

The Solana ecosystem is one of the most anticipated airdrop opportunities. Here are some of the latest developments from various projects:

1. Marginfi: Launched a points system last July and is expected to be one of the earlier projects to conduct an Airdrop.

2. Kamino: The first season points event has been launched, retroactively scoring previous rounds, and the airdrop plan has been updated, with the genesis airdrop scheduled for April.

3. Drift: The first season points will end on February 2nd. The official announcement states that the points activity will run for a maximum of three months, and it is likely that the airdrop will take place in April.

4. Parcl: The second season points event is ongoing, and the points event will last for three seasons, expected to end in the first half of the year and initiate an Airdrop.

5. Zeta Market: The second season points event starts on January 10, which is quite attractive to traders.

6. Magic Eden: Launched a multi-chain wallet, in February users can mint certain NFTs for free within the wallet and enjoy additional point rewards from other platforms.

2. Cosmos Ecosystem

In the Cosmos ecosystem, Celestia is the most eye-catching project this year. The airdrop in the Cosmos ecosystem is relatively effortless, and staking not only has the potential to earn airdrops but also offers generous staking rewards. However, it is important to be aware of the risks of token decline and the opportunity cost during the lock-up period.

recommended staking tokens

1. ATOM: The governance token of Cosmos Hub, usually the preferred choice for Cosmos Airdrops.

2. TIA: Celestia is a highly regarded modular blockchain that provides DA services for multiple public chains.

3. OSMO: Osmosis is the DeFi gateway and liquidity hub of Cosmos.

4. INJ: The Injective ecosystem is just starting, and some projects have been confirmed to conduct Airdrops in Q1 and Q2 this year.

Staking Strategy

1. Use the Keplr wallet.

2. Select the chain you want to stake through the Keplr staking dashboard.

3. Choose validators ranked outside the top 20, avoiding centralized exchange validators.

4. It is recommended to stake an amount of at least around 100U.

3. Bitcoin Ecosystem

With the explosive popularity of inscriptions, the development of the Bitcoin ecosystem has received attention. Due to the inherent limitations of Bitcoin itself, the importance of Bitcoin L2 has become prominent.

B² Network

B² Network is a BTC Rollup that uses zero-knowledge proof technology and is EVM compatible. Currently, there are two activities on the testnet: Odyssey and Buzz deposit to earn points.

Merlin Chain

Merlin Chain is an L2 built on the native assets of the Bitcoin chain, founded by the BRC420 team. It is expected to launch the mainnet in February and introduce a series of incentive activities.

BounceBit

BounceBit is a dual-token PoS mechanism BTC staking chain created by Bounce Finance. The current model is similar to Blast, using a deposit asset to earn points.

Summary

This article introduces some potential Airdrop opportunities in the Solana, Cosmos, and Bitcoin ecosystems. With numerous opportunities available, it is recommended to allocate resources based on individual time and asset situations. In the next issue, we will continue to explore Airdrop opportunities for 2024 in areas such as the Sui ecosystem, Sei ecosystem, unissued public chains, and re-staking.