Airdrops

Airdrops, within the world of cryptocurrencies, refer to the distribution of free tokens or coins to individuals who hold a specific cryptocurrency or participate in a particular blockchain network. This practice is often employed by companies, protocols, and crypto exchanges to promote their projects, attract new users, and foster community engagement.


Finance

U.S. Residents Missed as Much as $2.6B in Potential Revenue From Geoblocked Airdrops

The U.S. government lost as much as $1.4 billion in potential tax revenue, a report from Dragonfly found.

Chart showing range of airdrop values, U.S. residents' shares.

Finance

Solana Layer 2 Sonic to Airdrop SONIC Token to TikTok Users

Sonic built its game SonicX natively inside TikTok, attempting to replicate the success of TON blockchain mini apps that were built inside Telegram.

Pyth issues token airdrop (ian dooley/Unsplash)

Finance

OpenSea Foundation Cayman Islands Registration Sparks Airdrop Speculation

OpenSea recently announced its platform would be revamped in December.

Pudgy Penguins is a collection of 8,888 unique penguins with proof of ownership stored on the Ethereum blockchain. (Screenshot: OpenSea)

Finance

Crypto Exchange HyperLiquid to Airdrop 310M Tokens to Early Adopters

Airdrop hunters will receive 31% of HYPE's total supply after a points campaign that ran earlier this year.

Movement Network to distribute airdrop (Getty Images/Unsplash)

Finance

What to Expect Over the Coming Week in Crypto: Scroll Enters the Frame

Scroll's token launch has been met with eager anticipation from some and disappointment from others who have lamented the token allocation.

Scroll co-founder Sandy Peng (Bradley Keoun)

Policy

Crypto Airdrops Ban U.S. Users, but Americans Are Claiming Tokens Anyway

Eigen Labs helped its employees access lucrative airdrops. Its U.S. employees appear to have helped themselves to tokens U.S. residents were banned from claiming.

(Павел Котов/Wikimedia Commons)

Tech

ZKsync’s ZK Airdrop Is Coming ‘Next Week,’ Here's What to Expect

According to the plan released Tuesday, 17.5% of ZK's 21 billion total token supply will be airdropped to users beginning "next week."

Pyth issues token airdrop (ian dooley/Unsplash)

Finance

LayerZero Takes Snapshot as Airdrop Draws Closer

The interoperability protocol indicated that there will be a series of airdrops.

LayerZero co-founders CTO Ryan Zarick and CEO Bryan Pellegrino (Chung Chow, BIV)

Opinion

Why Eigenlayer’s Airdrop Is Controversial

Although it’s actually conservative.

EigenLayer founder Sreeram Kannan at ETHDenver 2024 (Danny Nelson/CoinDesk)

Tech

Avail Confirms Token Airdrop Plans, a Week After Leaked Screenshots

Avail shared in a blog post that 354,605 wallet addresses are eligible to claim the 600 million tokens in their “unification drop.”

Avail co-founders Anurag Arjun and Prabal Banarjee (Avail)

Pageof 9