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Home » Why is Farming Airdrop prefered by New Investors?
Why is Farming Airdrop prefered by New Investors?
NFT

Why is Farming Airdrop prefered by New Investors?

NFT EveningBy NFT EveningMarch 15, 20250 ViewsNo Comments
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For newcomers, farming airdrop is an easy way to earn free tokens without upfront investment. By completing tasks or testing platforms, they gain exposure to new projects with minimal risk. This makes airdrops a popular choice for those starting in crypto.

What is Airdrop?

A crypto airdrop is a way for blockchain projects to distribute free tokens to users. It helps promote new projects, reward loyal supporters, and attract new participants. Some airdrops require users to complete tasks, while others send tokens automatically to eligible wallets.

In many cases, users need to follow social media accounts, join a mailing list, or engage with the project in some way. These tasks help spread awareness and increase community engagement. Some projects reward existing token holders by sending them free tokens based on their current balance.

Airdrops serve as a marketing tool, creating excitement and encouraging adoption. They allow users to explore new tokens without spending money, while projects benefit from increased visibility and user participation.

Learn more: What Is a Crypto Airdrop? How They Work & Why It Matters

Different types of airdrops exist, such as standard airdrops, bounty airdrops, holder airdrops, exclusive airdrops, and raffle airdrops. Each has its own requirements and goals, but all aim to distribute tokens efficiently and fairly.

By receiving airdropped tokens, users can potentially gain value if the project succeeds. However, it’s important to verify legitimate airdrops, as scams do exist. Always check official sources before participating.

Airdrops deliver massive profits

Airdrops have become an extremely valuable marketing tool for new crypto projects. According to on-chain analysis from Dropstab, a crypto data aggregator, a total of $14.91 billion was distributed to crypto users through airdrop campaigns in 2024.

Leading the list of the most valuable airdrops was Hyperliquid HYPE, distributing $1.34 billion to over 90,000 users. Starknet STRK followed closely behind, airdropping 700 million tokens to around 1.3 million addresses, worth $1.33 billion.

hyperliquid logo

Other notable airdrops included Pudgy Penguins PENGU with $1.15 billion, Wormhole W with $896 million, and Jupiter with $891 million, completing the top five largest airdrops of 2024, according to Dropstap.

Out of the $14.91 billion distributed via airdrops:

  • $4.22 billion (28.3%) went to Layer 2 projects,
  • $3.31 billion (22.2%) went to DeFi projects,
  • $2.63 billion (17.6%) went to Layer 1 projects.

Additionally, projects in gaming & memecoins distributed $2.28 billion, liquid staking projects allocated $1.27 billion, and AI-related projects gave out $373 million.

Airdrops serve as a method to build communities and attract users. Those who meet the eligibility criteria can receive significant rewards, sometimes earning substantial profits. These conditions typically involve promoting the project or engaging with its key features.

For example, many users on X expressed excitement about receiving large allocations of HYPE, the native token of Hyperliquid. User @0xFinish shared that he received $300,000 from the airdrop, calling it “the biggest ones in my life”.

Airdrops deliver massive profits

 

The surge in high-value airdrops highlights their growing importance in the crypto ecosystem. They create excitement, encourage user participation, and foster long-term engagement, as users anticipate potential rewards from future promising projects.

You mostly invest effort, not capital

“Airdrop farming” is a way to earn free tokens from blockchain projects without needing to invest money upfront. Participants simply complete certain tasks or interact with the platform to qualify for rewards. Here’s why you can earn airdrops with just your time and effort:

Airdrops Are a Free Marketing Strategy for Projects

Blockchain projects use airdrops as a way to promote their platforms and attract new users. Instead of spending money on traditional advertising, they distribute free tokens to encourage engagement. In return, users help boost the project’s visibility by following social media accounts, sharing posts, or joining community discussions. This creates organic exposure for the project while rewarding early supporters.

No Financial Investment Needed—Just Time and Effort

Most airdrop campaigns require participants to complete simple tasks like signing up for an account, downloading an app, or interacting with a decentralized application (dApp). These actions take time but don’t require any financial commitment. Unlike traditional investments where you need capital to participate, airdrop farming only demands effort.

Testnet Airdrops Don’t Require Real Money

Testnet Airdrops Don’t Require Real Money

Many blockchain projects distribute airdrops through testnets, which allow users to interact with a platform before its official launch. Since testnets use free tokens, you can participate without spending anything. If you actively test the platform and provide feedback, you increase your chances of receiving a mainnet airdrop when the project goes live. Some of the biggest airdrop payouts have come from testnet participation, making this a highly rewarding strategy.

Holding Certain Tokens Can Also Earn You Airdrops

Some airdrops are given to users who already hold specific cryptocurrencies, such as Ethereum (ETH) or Solana (SOL). If you own these assets, you may automatically receive free tokens without having to complete any additional tasks. This method rewards existing investors and encourages more people to hold the project’s preferred cryptocurrency.

How to Participate in Airdrops for Free and Minimize Risk

To maximize your earnings while staying safe, follow these best practices:

  • Use a separate wallet: Create a dedicated crypto wallet for airdrops to protect your main assets.
  • Engage with testnets: Participate in testnet programs since they often lead to generous mainnet airdrops.
  • Stay updated: Follow Twitter, Telegram, and Discord channels for the latest airdrop opportunities.

Although most airdrops are free, some may require:

  • Gas fees for claiming tokens, especially on Ethereum.
  • A small transaction to qualify, such as swapping or staking tokens.
  • Holding NFTs or specific tokens as an eligibility requirement.

Read more: Monad Airdrop Guide: the Easiest Way to Unlock your Rewards

Summary

Airdrop farming is an easy way to earn cryptocurrency without investing money upfront. By dedicating time to completing tasks and staying active in communities, you can accumulate valuable tokens that may increase in value over time. If you choose your airdrops wisely and stay engaged, you can build a strong crypto portfolio with zero initial investment.

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