Airdrop opportunities worthy of our attention (1)

Source: Daoshuo Blockchain

In the past few days, the encryption market has experienced a major correction, with Bitcoin falling directly from US$47,000 to US$42,000. The decline of Bitcoin directly pulled down the entire market.

Perhaps this is what people often say: "Every good thing is a bad thing"?

With the price adjustment, market sentiment has gradually cooled down. But we don’t need to care about this kind of market adjustment at all, because I strongly believe that what awaits us next will be another vigorous bull market.

Compared with the previous bull market, the upcoming bull market will have distinctive features in some aspects, one of which is more intense airdrops than the previous bull market.

In fact, this trend began to show signs last year.

Needless to say, there are some old projects that we all know will issue airdrops (such as zkSync, StarkNet). New projects are also starting to issue airdrops one after another.

The emergence of Blast is a typical example. This project directly utilizes airdrops to disrupt the competition for second-tier scaling. After Blast, there was ZKFair’s larger-scale, cognitive-refreshing airdrop. It not only made the already fiercely competitive second-tier expansion more crowded, but also provided a demonstration for subsequent projects to use airdrops to launch projects.

After Blast and ZKFair, Mintchain, an Ethereum second-layer extension project focusing on NFT, also launched a large-scale airdrop. The objects it covers are mainly users who have had a certain number of NFT transactions and hold some NFTs.

Blast, ZKFair and Mintchain, their airdrops are basically operations in the same (Ethereum) ecosystem, and they all attract users in the same ecosystem.

Tia’s airdrop simply achieved cross-ecological attraction for users.

Tia is Celestia’s token. Celestia is a DA blockchain built on Cosmos technology. Its purpose is to realize the modularization of the blockchain and provide data availability (DA) for blockchain projects. In theory, it can serve any blockchain, and its potential users can also include users in any blockchain ecosystem.

So its airdrop strategy not only covers Cosmos, but also Ethereum’s second-layer expansion (Rollup). This strategy brings the project’s attention across multiple blockchain ecosystems.

On the DA track, in addition to Celestia, there are other projects that are also eyeing the opportunities, trying to use airdrops to launch projects and attract popularity. A typical example of this is Dymension, the first DA project this year. This project not only follows Celestia’s example of large-scale cross-blockchain ecological airdrops, but also directly launches airdrops for Celestia users.

The previous airdrops all occurred in the smart contract public chain ecosystem, and in non-smart contract blockchains, especially the currently popular Bitcoin ecosystem, signs of airdrops also appeared last year. The most typical one is the community token airdrop BMP obtained by Bitmap holders.

It is worth noting that due to the popularity of the Bitmap ecology and people's high expectations for it, "one person achieves enlightenment, chickens and dogs ascend to heaven" is vividly reflected in BMP. Although it is only a "hot" project to a certain extent, its token price continued to rise after the airdrop because it took advantage of Bitmap.

The above are all airdrops from sub-new tracks or new tracks. In fact, classic old tracks (such as DeFi) will never miss this airdrop feast: there are also a large number of projects that have become famous. Inform that there will be an airdrop. These projects are mainly DeFi, mainly various DeFi projects under construction in the second layer expansion of Ethereum.

Since there may be many airdrop opportunities in the next bull market, how can we ordinary retail investors try to seize some opportunities? I will continue to share with you tomorrow’s article.