Key Takeaways
- Crypto airdrops remain a double-edged sword for rewarding users and for project marketing.
- Monad, BlockMesh, and Humanity Protocol lead the current hottest crypto airdrop.
- Monad’s huge funding of over $244 million by top investors makes its airdrop potential highly valuable.
Cryptocurrency projects are one of the most strategic ways crypto projects have driven interest and awareness over the years. Users are rewarded for tasks performed, creating much buzz around the project and leading to marketing and a reward system.
Over the last few years or months, users have been required to interact with the testnet or project protocol, fulfilling a desired task before getting short-listed or eligible to earn crypto records of the native tokens in the form of airdrops.
In the past, crypto communities have employed direct interaction on the testnet, taking into consideration volume traded and interactions. However, the past few months have seen airdrop distribution take a new dimension as crypto projects have adopted a point system where points earned are converted to token airdrops.
In 2020, Uniswap rewarded its community members with UNI airdrops for contributing to its community growth. Over $6.4 billion worth of UNI was distributed, leading to other crypto projects such as the BAYC’s Apecoin airdrop for its NFT holders.
According to statistics on Coingecko, over 36 notable projects in the year 2024 participated in crypto airdrops, and this trend will continue to rise despite the growth seen by the cryptocurrency market over the years. Let us discuss some hot crypto airdrops currently ongoing that have huge potential.
List Of Hottest Crypto Airdrops Ongoing
Let us discuss some hot crypto airdrops currently ongoing with huge potential.
1. Monad Airdrop
Monad airdrop is one of the most anticipated airdrops in the crypto space currently. It has generated quite a buzz as a high-performance EVM (Ethereum virtual machine) compatible layer-1 blockchain that can process over 10,000 transactions per second with little or no gas fee.
While an exact date for the airdrop has not yet been fixed, many traders have actively participated in tasks to become eligible. The Monad project raised over $244 million from top crypto investors and VCs, leading to much hype. This project generated over 100 million transactions in its early days, with a huge influx of NFT players entering its ecosystem.
2. Humanity Protocol Airdrop
The Humanity protocol airdrop, like Monad, has garnered much attention in the last few weeks as a layer-2 blockchain technology focused on decentralized identity verification using Proof of Humanity (PoH) technology.
The Humanity Protocol team raised $50 million from top crypto investors such as Animoca Brands, Pantera Capital, and Jump Crypto, and its project is valued at around $1.1 billion. With its testnet phase still on and no official announcement of the airdrop, many users actively participate in different tasks to earn eligibility for this airdrop. Here is how to participate in the Humanity protocol airdrop.
3. BlockMesh Airdrop
BlockMesh airdrop, similar to other airdrops, is a campaign to reward users for contributing to the network through unused internet bandwidth using their browser extension to participate in tasks on the Solana network.
BlockMesh is a Solana-based decentralized technology that combines blockchain architecture and distributed computing to provide a secure network for ethical AI insight. While its airdrop dates have not been announced, users actively participate to earn eligibility during the snapshot and claiming of airdrop tokens.
Conclusion
Although crypto airdrops can be frustrating and tiring due to the endless tasks involved, they are usually rewarding, and many traders have shared stories of how airdrops have helped them over the years.