Cryptocurrency airdrops are designed to attract potential investors to crypto startups. The token's popularity directly correlates with its demand: the more people aware of a new coin's existence, the more useful it becomes for their business or activities.
Airdrops often serve as a means to filter out people uninterested in the project. To participate in such marketing events, users typically need to actively engage with the project's platform, such as DeFi, crypto wallets, applications, etc. Despite this, free token distribution remains the fastest way to earn cryptocurrency, explaining the widespread popularity of airdrops.
Let's continue discussing the most anticipated airdrops of 2024. You can also check out our first article “Top 5 Airdrops in 2024: What to Watch For? (Part 1)”.
ZetaChain
ZetaChain is an L1 blockchain with the primary goal of supporting interoperability among decentralized networks. The developers introduced their project as a multifunctional, universal, public blockchain platform supporting omni-chains and universal smart contracts.
At the time of writing, ZetaChain has already raised $27 million. The project is currently in the testing phase, allowing users to participate by completing tasks and earning rewards (Zeta Points). These points can be exchanged for native ZETA tokens in the upcoming airdrop.
Scroll
Scroll is a Layer 2 solution for the Ethereum network (ETH), addressing scalability issues through zk-rollups technology. It was launched on the Mainnet in October 2023. The project's key advantages include security, low transaction fees, and high transaction speed. Prominent figures, including Ethereum co-founder Vitalik Buterin, and funds like a16z, Sequoia Capital, Polychain, OKX Ventures, Paradigm, are closely watching the startup. Scroll has already secured approximately $80 million in funding.
Zora Network
Not only powerful protocols and blockchain startups but also NFT marketplaces offer solutions for Ethereum scalability. Zora Network introduced its L2 solution, aiming to connect artists with blockchain and create a new expansive art-digital space.
With support from Coinbase Ventures and HAUN Ventures, the project has attracted over $60 million in investments, with a total valuation of $600 million. The launch of its utility token is pending, expected in the first quarter of 2024.
Taiko
Taiko is a test project-solution for Ethereum scalability, distinguished by its alignment with the design and ideology of the network. Developers named it zkEVM Type 1.
The project aims to be fully decentralized, allowing any user to launch any type of node without interference from any controlling authority. Taiko is currently in the Testnet, completing the fifth testing stage. The TTKO token has already been deployed, and its airdrop is anticipated in 2024 as a thank-you gesture to supporters during the early stages of the startup.
Polygon zkEVM
Adding to the list of L2 solutions for the Ethereum network is the startup Polygon zkEVM, based on the mentioned zk-rollups technology.
The project aims to increase Ethereum network throughput and address scalability issues by batch processing transactions and reducing transaction processing fees. Although the project is already on Mainnet, it is currently in beta testing. Active users are advised to utilize crypto wallets, engage with smart contracts, create projects on the Polygon network, etc., to enhance their chances of participating successfully in the upcoming airdrop.
Conclusion
In summary, 2024 promises to be rich in airdrops, providing many users with opportunities to fill their crypto wallets with new tokens. Most of the launched projects focus on resolving Ethereum network scalability issues. Developers generate public interest in their products by attracting reputable sponsors, creating activities within networks, and promising rewards.
All these efforts contribute to achieving the main goal of the crypto world: introducing as many people as possible to the phenomenon of blockchain and its functions.
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If you want to learn more interesting facts about crypto then check out our blog! You might like our articles “Promising DeFi Projects in 2024” and “Why Crypto ETFs Matter”.
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