Key Updates on Crypto Airdrops This Year 🌟
Explore the latest and most significant developments in the world of crypto airdrops that are currently making waves. The upcoming week holds exciting opportunities with several tokens preparing to make their market debut. Additionally, there are various blockchain interactions available for you to engage in now, opening doors to qualifying for potential future airdrops. Below are the details you should know.
Ethereum Ecosystem’s Airdrop: Anticipating the Scroll Token Claim 🚀
One of the major highlights is the anticipated launch of the Scroll token, designed for Ethereum’s layer-2 network. The token comes with a dedicated claim portal that allows users to participate in the forthcoming airdrop. After nearly a year since the mainnet went live in 2023, Scroll is set to finally enter the exchange arena, rewarding its community members for their loyalty.
The SCR token will officially launch on prominent cryptocurrency exchanges on October 22 at 08:00 UTC (10:00 in Italy). Several platforms, including Binance, are supporting this event with enhancement pools to incentivize their users while simultaneously listing the token.
Preparations for the launch are in full swing, reflecting the growing excitement.
The airdrop for Scroll is expected to be proportionate to the marks accumulated by various Ethereum addresses, with the snapshot being captured on October 19, 2024. Team insiders suggested that eligibility will hinge on specific on-chain activity metrics in an effort to filter out fraudulent accounts.
The total SCR supply will be capped at 1 billion tokens, with 15% allocated for the airdrop campaign. This portion will be distributed over two or more phases: 7% during the initial phase and 8% later on. Claims will begin on October 22, likely just prior to the token’s exchange listing.
However, community sentiment indicates that expectations for this airdrop might not be met. There are concerns regarding inadequate funding to distribute meaningful rewards to the over 2 million active addresses connected to the network. Reports have surfaced that insiders connected to the project managed to amass significant quantities of tokens unjustly.
As SCR trades approximately at 1.4 dollars in premarket, it is projected that individual recipients may receive less than 100 dollars each.
Grass Project Token Distribution: New Checker Tool for Airdrop 🌿
Another noteworthy announcement involves the Grass project, which operates on the Solana blockchain. The development team has unveiled a definitive checker tool designed to facilitate the airdrop process for their platform’s token. Grass successfully concluded “Stage 1” and is now gearing up to distribute incentives based on user engagement from recent months.
This creative platform empowers users to sell unused bandwidth to AI companies, receiving cryptocurrency rewards in exchange. These firms make use of the data acquired to refine their machine learning algorithms.
The checker tool will debut on October 21, enabling participants to compute the amount of GRASS tokens they are entitled to. The token currently holds a premarket value of about 1.04 dollars. There are claims that this event might mark the most expansive airdrop in the industry’s history.
Beyond Grass, various other free interactions can qualify participants for possible crypto airdrops, including engaging with the testnet associated with the Humanity Protocol, which aims to construct a “human-centric blockchain”. This project has also garnered significant funding and anticipates rewarding participants using its network shortly.
AlienX Prepares for AIX Token Launch: Claims Begin October 23 🎉
AlienX, focusing on the intersection of AI and NFTs, is readying itself for the release of its airdrop for the AIX token. After a prolonged wait, eligible participants can celebrate as the project prepares to distribute the rewards earned throughout its journey.
Those entitled to receive the airdrop comprise AI Node owners, Pre-Season stakers, and various ecosystem participants, including social airdrop contributors, AGP and AEP holders, testnet users, and NFT holders.
The AIX token will officially hit the market on October 23 at 11:00 AM UTC+2, with a dedicated listing on exchanges like Gate.io and Bitget. Claims will open an hour prior, allowing designated users to redeem their tokens.
The first reward season will allocate 125 million AIX tokens (12.5% of total supply) among AlienX stakeholders, while 2.62% is earmarked for marketing and enhancing initial liquidity. A significant portion—40% of the supply—will be assigned to AI node operators, ensuring the overall community benefits from 67% of the total AIX supply.
While the initial price for AIX remains uncertain, expectations are set for an initial market cap exceeding 100 million dollars, positioning the token for a potential valuation starting at approximately 0.8 dollars.
Stay tuned for more developments as this year continues to unfold in the crypto landscape!
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