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Airdrops are incredible. Who doesn’t love free money??

Airdrop farming refers to finding potential airdrops, guessing what the criteria might be, and making sure you meet it before the deadline (snapshot).

This can be extremely lucrative. I mean extremely. Many that I know have made tens, or even hundreds of thousands of dollars.

Here’s how you can participate too:

Airdrop Basics 🪂

Definition:

An airdrop, in the wild world of cryptocurrency, is essentially free money—or more accurately, free tokens. Typically, blockchain projects distribute these tokens directly to your wallet, often as a way to promote a new cryptocurrency or to reward early users.

Purpose:

Why do projects throw free tokens from the digital skies? Airdrops are a nifty promotional tactic to boost visibility, increase the circulation of new tokens, and encourage adoption by incentivizing potential users. It's like getting free samples at the supermarket, but instead of cheese, it’s crypto!

The Catch:

Free money? Sounds too good to be true. It’s NOT - but here’s the catch: Usually, you don’t know the airdrop qualifications until after the deadline to complete them. The goal for these projects is to avoid airdrop farmers… they want to drop to legit communities and users. An airdrop announcement can look something like this:

“Hi! We’d like to officially announce the ABC airdrop! The snapshot for qualifiers was taken on 04/01/2024. Here’s who qualified:

• NFT Collections: Holding and NFT on the snapshot date from any of the followiing collections:

  • Bad Kids

  • Pudgy Penguins

  • Miladys

  • Celestine Sloths

    • ^{*Please note that while this announcement is fake, those are real NFT collections that have qualified for multiple airdrops in the past}

• Platform Users: anyone that has used the platform prior to the snapshot date, and has hit these qualifications

  • Amount bridged

  • Fees paid

  • liquidity provided

  • etc

• Stakers from the following projects - MUST HAVE BEEN STAKING ON SNAPSHOT DATE

  • ATOM - min: 25 ATOM

  • OSMO - min: 100 Osmo

  • TIA - min: 20 TIA

  • DYM - min: 50 DYM

  • INJ - min: 10 INJ

    • ^{*Please note that while this announcement is fake, these are real tokens that have qualified stakers for multiple airdrops in the past.}

• ABC Point Holders: You have been able to earn ABC points up until this time - and points will be converted to the ABC token upon launch”

Airdrops are all different - and that’s what makes qualifying for them so hard! Luckily… you have me. Here are some factors to look for when hunting for airdrops.

Factors to Look for 🔍

Tokenless Protocols:

• Explanation: A working crypto project or DeFi app that doesn’t have a token yet.

• Advantages: The magic happens when they finally mint their token. Early supporters might just find themselves holding a valuable stake in the new economy, as these tokens can sometimes skyrocket in value once they become tradable.

Raised Money from VCs:

• Significance: When the big money believes in a project, it’s a good sign. Venture capital (VC) backing means someone did their homework and saw big potential.

• Insight: Take, for example, projects like Solana, Celestia, and Wormhole, which secured hefty sums from VCs and rewarded their early supporters handsomely during their respective airdrops.

Low Number of Users Compared to Amount Raised:

• Analysis: A high dollar-to-user ratio might suggest that the project is under the radar but over-resourced—ripe conditions for growth and a for a larger proportional airdrop.

• Metrics: Look at the funding amount per user—a high figure could hint at an upcoming airdrop with substantial rewards.

Point Systems:

• Overview: Some projects use point systems almost like arcade tickets—accumulate enough, and you can exchange them for tokens.

• Earning: Each project will allow you to earn points in different ways

Strong Community:

• Importance: The crypto world thrives on community spirit. A strong, engaged community not only supports but also accelerates the success of a project.

• Characteristics: Look for active social media presence, regular updates, and real, enthusiastic user engagement. A lively community can be a green flag for a project’s long-term viability and, hence, a potentially lucrative airdrop.

Possible Upcoming Airdrops 🤔

Here’s a list of 20 projects with possible upcoming airdrops. DYOR… this is not financial advice.

1. Hyperlane

2. Squid Router

3. DeBridge

4. Rabby (wallet)

5. Berachain

6. Babylon

7. Pixelmon

8. Scroll

9. Zksync

10. Base

11. Mode

12. Bungee

13. Jumper

14. Orbiter

15. Grass

16. Phantom (Wallet)

17. Zora

18. LayerZero

19. Avail

20. Monad

You can also farm multiple airdrops by simply staking specific cryptocurrencies. Coins that have been used in the past include but are not limited to:

• ATOM

• OSMO

• TIA

• DYM

• SAGA

• PYTH

Many of these airdrops are easy to farm… and others are more difficult.

Not getting involved? You should be. Reply to this email if you want some help.

Your Takeaway

The opportunities in crypto are massive.

This is an entirely new space. Projects are competing with one another for attention… and they’re willing to pay you for it.

Airdrops are a great way for them to build an initial community and a fantastic way for you to make life-changing money. Don’t fumble this opportunity.

🚨 Action Items 🚨

Bitcoin is a hedge against government manipulation of currency.

I guarantee that many of you reading this have all of your assets in the current system. You need to get some money outside. Hedge your bets.

If you’re at all concerned about inflation and government control of currency, you need to:

• Educate yourself about crypto and Bitcoin. Free resources HERE.

• Add Bitcoin or other cryptocurrency to your portfolio. Want free, 1-on-1 help? Click HERE and use code: CRYPTOISCOOL for a free Gold Package Crypto Crash Course.

Dont hesitate any longer. Money is changing… and you do not want to be late.

Reply to this email with a question about crypto! I read and answer every single message.

Thank you for reading Make Crypto Simple.

Sincerely,

Chris Schawel


^{The content provided in this newsletter is for entertainment purposes only and should not be construed as financial advice. All information, including but not limited to market analysis, price predictions, and investment strategies, is purely speculative in nature. We strongly recommend conducting your own research and consulting with a qualified financial advisor before making any investment decisions. We are not responsible for any losses incurred as a result of the information presented in this newsletter.}