Amid the rising optimism surrounding the upcoming Bitcoin halving in April, Bitcoin crossed the key level of $71,000 on Monday, 11 March, to touch a new all-time high. This spike has boosted the overall market mood, sending Ethereum over $4,000 ahead of the Dencun upgrade in the Ethereum 2.0 roadmap. Meme coins are soaring, and strong investor interest in other altcoins is evident. The crypto market is trading in a state of extreme greed, with the Fear and Greed index touching 82 at the time of writing.
As March unfolds, the crypto community is excited about the latest round of airdrops. Following a series of impactful campaigns in the early months of 2024, this month promises an even richer bounty for crypto enthusiasts. With the market displaying a mix of cautious optimism and dynamic movements, numerous projects are set to enrich their communities through generous token distributions.
This blog aims to illuminate the most promising airdrops slated for March 2024, offering a glimpse into opportunities you must take advantage of. Let’s dive into the best crypto airdrops, from established platforms to emerging innovators.
The Best Crypto Airdrops for March 2024
Here are some of the most trending airdrops in the crypto market to explore in March:
Wormhole
Wormhole is a pioneering cross-chain message transfer protocol, offering a bridge that enhances interoperability among diverse blockchains, including Ethereum, Solana, Terra, and BNB Chain. This innovative platform enables seamless communication and asset transfer across these networks, aiming to unify the fragmented blockchain ecosystem.
The recent announcement of the airdrop campaign by Wormhole, which includes the distribution of 617,305,000 W tokens, is a significant gesture to reward the community members who have actively participated in the Wormhole ecosystem. Eligibility for this airdrop extends to users involved with Wormhole for almost three years, including Wormhole Discord members, participants in various NFT and Monad communities, and the top 10,000 Pyth stakers. This strategic move acknowledges these community members’ contributions and aims to decentralize governance further and enhance user engagement within the Wormhole ecosystem.
How to Participate in Wormhole Airdrop
Eligibility for the airdrop was determined through various factors, including the duration of engagement with the Wormhole protocol, the volume of messages and transfers, consistent use across the protocol’s lifespan, and active participation within the ecosystem. A snapshot for eligibility was taken on February 6, 2024, at 23:59 UTC. For users who believe they are eligible but have not received an allocation, Wormhole has provided a form to contest and verify their eligibility.
Here’s how you can participate in the Wormhole airdrop campaign:
- Visit the Wormhole airdrop eligibility checking page.
- Connect your wallet after selecting a network.
- The interface will display the number of W tokens you can claim if eligible.
Wormhole (W) Airdrop Date: Mark your calendars for the Wormhole (W) Airdrop happening at 11:30 UTC in April 2024, as officially announced by Wormhole’s X account. Eligible users should expect to receive their airdrop rewards promptly at this time.
Mocaverse
Mocaverse, backed by Animoca Brands, represents a unique NFT collection that embodies the company’s commitment to Web3 and digital property rights. It serves as a membership gateway to its vast ecosystem of companies, projects, and partnerships. With a significant $31.88M in funding from prestigious entities like Polygon Ventures and OKX Ventures and partnering with KuCoin and Halo Wallet, Mocaverse has confirmed the launch of its MOCA token, initiating a campaign that rewards participants with points and shards for engaging in simple tasks, which could potentially lead to an airdrop upon the token’s release.
How to Participate in Mocaverse Airdrop
To participate in the Mocaverse airdrop, you can:
- Visit the Mocaverse campaign page to get started.
- Those owning a Moca NFT can directly sign up, or new users can obtain an invite code from Mocaverse’s Discord channel.
- Create a Realm account using an email address or a MetaMask wallet.
- Mint a Moca ID by selecting a unique name.
- Earn points, known as RP (Realm Points), by completing various tasks listed on the missions page.
- Increase point accumulation by inviting friends.
- Visit the Shard Rush page to undertake missions to earn Shards, further contributing to potential airdrop eligibility.
When to Claim MOCA Airdrop: The launch date for claiming the MOCA token airdrop is still to be announced. You must keep an eye on Mocaverse’s official communications for updates on when the airdrop claim process will go live. The campaign intricately ties together community engagement with the broader vision of fostering a participatory and value-driven ecosystem around Mocaverse and its associated MOCA token.
Parallel Network
Parallel Network, an Ethereum layer 2 scaling solution built on Ethereum’s Arbitrum Nitro stack, is conducting a testnet airdrop for its PARA token. This program allows users to potentially earn PARA tokens by participating in the testnet. Parallel Network addresses Ethereum’s scalability limitations by providing a layer 2 solution. This solution facilitates faster and cheaper interactions with Ethereum applications while maintaining compatibility with the Ethereum Virtual Machine (EVM). Parallel Network allows users to perform actions they would typically do on the Ethereum mainnet, such as deploying contracts, interacting with wallets, and using Web3 apps.
How to Participate in Parallel Network Airdrop
Follow these steps to participate in the testnet airdrop and be eligible for PARA tokens:
- Visit the Parallel Network testnet page here.
- Choose “Parallel Testnet” and connect your crypto wallet.
- Navigate to “Apps” in the top right corner, locate “Airdrop,” and enter the code “BA59A.” Complete the Twitter tasks associated with the airdrop to finalize registration.
- Testnet interactions require Sepolia ETH. You can acquire it here.
- Bridge your Sepolia ETH to the Parallel testnet.
- Return to the Parallel testnet page and click “Create Parallel Account.”
- Go back to “Apps,” click on “Wallet,” and claim your testnet tokens.
Active participation in the testnet translates to earning points contributing to your airdrop eligibility. Explore functionalities within “Apps.” You can experiment with lending by supplying testnet NFTs and tokens or connecting to other available testnets like Goerli. You can accumulate additional points by inviting friends to join the Parallel testnet using your referral link.
When to Claim PARA Airdrop: The specific date for claiming PARA tokens is yet to be announced. However, Parallel Network has confirmed that testnet participants with accumulated points will be eligible for the airdrop. Stay informed about the claim process by following Parallel Network’s official channels, particularly the tweet referenced in the source materials.
Scallop
Scallop is a pioneering money market platform in the Sui ecosystem, focusing on providing high-yield lending, low-fee borrowing, and an array of other DeFi services with enhanced security and composability. The project aims to cater to both institutional-grade demands and individual users by offering a unified platform for digital asset management and an SDK for professional traders. The airdrop campaign by Scallop is designed to reward early adopters and active users through two main phases, focusing on past engagement and continued participation:
- The first phase has already concluded, and it targeted early supporters by allowing them to earn and redeem points for “Mysterious Pearls,” which contain various rewards.
- The second phase, also concluded, encouraged users to engage with the platform by lending or borrowing, with the rewards mechanism based on total value locked, activity duration, and other criteria.
How to Participate in Scallop Airdrop
Users needed to connect their Sui Wallet to the official Scallop application, engage in features such as lending and borrowing, and participate in community events to participate in the Scallop airdrop. The platform also hinted at a retroactive airdrop for early users, emphasizing activities on the platform as the primary criteria for eligibility. Users could claim their rewards by converting their accumulated points to mystery pearls and then using their Sui Wallet to claim the SCA tokens, which would incur a minimal fee.
When to Claim SCA Airdrop: Although the initial phases of the airdrop event have ended, the Scallop team has consistently updated its community about new phases and opportunities through its official social media channels. These updates include details on eligibility, participation methods, and the claiming process for rewards. It suggests staying tuned for future updates and participation opportunities.
Blast
The Blast project is an Ethereum Layer 2 (L2) solution that offers native yield for ETH and stablecoins, distinguishing itself by providing higher-than-usual interest rates for these assets than other L2s. This unique feature stems from the project’s integration of yield-generating protocols, such as ETH staking and Real World Assets (RWA) protocols, directly into its platform. By doing so, Blast aims to create new revenue streams for users and provide enhanced rewards through its native rebasing mechanism for ETH. The project has garnered significant attention and funding from major investors, indicating strong support and potential for growth within the crypto ecosystem.
How to Participate in Blast Network Airdrop
To participate in the Blast airdrop, users need to sign up for the platform using an invite code, bridge ETH or other supported tokens from Ethereum to the Blast L2, and engage with the platform by following Blast on social media, connecting their wallet to the app, and exploring yield options on the platform. Additionally, users can earn points by inviting friends to join, increasing their potential rewards and solidifying their place in the airdrop. These points can then be converted into rewards based on specific criteria outlined by the Blast Network.
When to Claim BLAST Airdrop: The BLAST airdrop campaign is currently in its active phase, and users can claim their airdrop rewards by converting their accumulated points into BLAST tokens once the campaign ends. Blast Network has yet to announce the specific claim date, but users are advised to keep an eye on the platform’s official announcements and social media channels for updates on the process and the exact timeline for the claim phase.
Vertex Protocol
Vertex Protocol is a next-generation decentralized finance (DeFi) platform that aims to provide users with advanced trading, lending, and borrowing capabilities on the Ethereum network. By integrating multiple DeFi services into one comprehensive ecosystem, Vertex Protocol seeks to offer users enhanced security, lower fees, and a seamless experience. This innovative protocol is designed to cater to both retail and institutional investors, providing them with the tools needed to manage their digital assets effectively.
How to Participate in Vertex Protocol Airdrop
To participate in the Vertex Protocol airdrop, users should follow these steps:
- Join the Vertex Community: Follow Vertex Protocol on their official social media channels and join their Discord community to stay updated on the latest announcements and tasks.
- Engage with the Platform: Connect your Ethereum wallet to the Vertex Protocol platform and start using its services, such as trading, lending, or borrowing.
- Complete Tasks: Participate in various community events, complete specific tasks, and engage with the platform to earn points.
- Invite Friends: Increase your potential rewards by inviting friends to join Vertex Protocol using your unique referral link.
When to Claim Vertex Protocol Airdrop: The claim date for the Vertex Protocol airdrop will be announced through their official channels. Participants should stay tuned to Vertex Protocol’s announcements on Twitter and Discord for updates on when and how to claim their rewards.
ZyberSwap
ZyberSwap is a decentralized exchange (DEX) built on the Ethereum network, offering users a seamless and secure platform for swapping tokens. ZyberSwap aims to provide users with low transaction fees, high liquidity, and an intuitive interface, making it easier for both new and experienced traders to navigate the DeFi space. The platform also incorporates advanced features such as limit orders, staking, and yield farming to enhance the user experience.
How to Participate in ZyberSwap Airdrop
To participate in the ZyberSwap airdrop, follow these steps:
- Join the ZyberSwap Community: Follow ZyberSwap on their official social media channels and join their Telegram group to receive updates and announcements.
- Engage with the Platform: Connect your Ethereum wallet to the ZyberSwap platform and start using its services, such as swapping tokens or providing liquidity.
- Complete Tasks: Participate in community events and complete specific tasks outlined by ZyberSwap to earn points.
- Invite Friends: Use your unique referral link to invite friends to join ZyberSwap and increase your potential rewards.
When to Claim ZyberSwap Airdrop: The specific claim date for the ZyberSwap airdrop will be communicated through their official channels. Keep an eye on ZyberSwap’s announcements on Twitter and Telegram for updates on the airdrop claim process.
Deeper Network
Deeper Network is a decentralized network infrastructure platform that aims to provide a secure, private, and censorship-resistant internet experience. By leveraging blockchain technology, Deeper Network offers users enhanced privacy, security, and freedom from centralized control. The platform’s unique architecture integrates hardware devices with blockchain, creating a robust and resilient network for users worldwide.
How to Participate in Deeper Network Airdrop
To participate in the Deeper Network airdrop, follow these steps:
- Join the Deeper Network Community: Follow Deeper Network on their official social media channels and join their Telegram group for updates and announcements.
- Purchase a Deeper Connect Device: Acquire a Deeper Connect device to participate in the network and become eligible for the airdrop.
- Register and Connect: Register your Deeper Connect device on the official Deeper Network platform and connect it to the network.
- Earn Points: Engage with the Deeper Network platform by using your device and participating in community events to earn points.
- Invite Friends: Increase your rewards by inviting friends to join Deeper Network using your unique referral link.
When to Claim Deeper Network Airdrop: The specific claim date for the Deeper Network airdrop will be announced through their official channels. Keep an eye on Deeper Network’s announcements on Twitter and Telegram for updates on the airdrop claim process.
Zapper
Zapper is a DeFi management platform that allows users to manage their digital assets and DeFi activities from a single interface. The platform supports various DeFi protocols and offers tools for tracking portfolio performance, managing liquidity, and exploring new investment opportunities. Zapper aims to simplify the DeFi experience for users, making it easier to navigate the complex world of decentralized finance.
How to Participate in Zapper Airdrop
To participate in the Zapper airdrop, follow these steps:
- Join the Zapper Community: Follow Zapper on their official social media channels and join their Discord community for updates and announcements.
- Connect Your Wallet: Connect your Ethereum wallet to the Zapper platform and start using its services.
- Complete Tasks: Participate in community events, complete specific tasks, and engage with the platform to earn points.
- Invite Friends: Increase your potential rewards by inviting friends to join Zapper using your unique referral link.
When to Claim Zapper Airdrop: The claim date for the Zapper airdrop will be announced through their official channels. Stay tuned to Zapper’s announcements on Twitter and Discord for updates on when and how to claim your rewards.
Closing Thoughts
March 2024 is shaping up to be a promising month for crypto enthusiasts, with a wide array of airdrops from various projects across the DeFi space. From established platforms to innovative newcomers, these airdrops offer exciting opportunities to engage with the crypto ecosystem and earn rewards. Make sure to follow the steps outlined above to participate in these airdrops and stay updated on the latest announcements from each project. Happy airdropping!
FAQs About Crypto Airdrops
1. What is a crypto airdrop?
A crypto airdrop is a distribution of cryptocurrency tokens to a specific group of users, often to promote a new project, reward loyal users, or encourage engagement within the community.
2. How do I qualify for a crypto airdrop?
Qualification criteria for airdrops vary by project. Common requirements include holding specific tokens, participating in community events, completing tasks, or being an early supporter of the project.
3. Are crypto airdrops safe?
While many airdrops are legitimate, it’s important to exercise caution and conduct thorough research before participating. Avoid sharing private keys or sensitive information and stick to well-known projects to reduce risks.
4. How do I claim my airdrop tokens?
Claiming airdrop tokens usually involves connecting your wallet to the project’s platform, following specific instructions provided by the project, and completing necessary tasks. Always follow official channels for guidance.
5. Can I sell my airdrop tokens immediately?
It depends on the project. Some airdrops may have vesting periods or lock-up periods that restrict immediate selling. Check the project’s terms and conditions for details on when you can trade your airdrop tokens.
