The most successful and profitable airdrops of 2023 and what to expect in 2024

Airdrops are one of the most popular ways for Crypto projects to distribute their tokens to the public. They are also a great opportunity for users to get free coins and tokens that could potentially increase in value over time. In this article, we will review some of the most successful and profitable airdrops of 2023 and what to expect in 2024.

What are airdrops and why do they happen?

Airdrops are the process of sending free tokens or coins to the wallets of eligible users. There are different reasons why crypto projects do airdrops, such as:

• To create awareness and buzz for their project
• To reward loyal supporters and early adopters
• To incentivize users to join their network or platform
• To distribute tokens more fairly and widely
• To comply with regulatory requirements or avoid legal issues

Airdrops usually have some criteria or rules for users to participate, such as:

• Holding a certain amount of a specific token or coin
• Signing up for a newsletter or social media account
• Completing a task or a survey
• Referring other users to join the airdrop
• Being a citizen or resident of a certain country or region

The most successful and profitable airdrops of 2023

The year 2023 was a remarkable year for airdrops, as many new and innovative projects launched their tokens and coins to the public. Some of the most successful and profitable airdrops of 2023 were:

• Solana (SOL): Solana is a high-performance blockchain that aims to achieve scalability, security, and decentralization. Solana airdropped 2% of its total supply (50 million SOL) to users who verified their identity with Civic, a digital identity platform. The airdrop was worth $20 per user at the time of distribution, but the price of SOL skyrocketed to over $200 in December 2023, making it one of the most profitable airdrops ever.
• Uniswap (UNI): Uniswap is a decentralized exchange that allows users to swap any ERC-20 token without intermediaries. Uniswap airdropped 400 UNI to every user who had ever used its platform before September 1, 2023. The airdrop was worth around $1200 per user at the time of distribution, but the price of UNI reached over $40 in November 2023, making it a lucrative airdrop for many users.
• Polkadot (DOT): Polkadot is a multi-chain network that connects different blockchains and enables interoperability, scalability, and innovation. Polkadot airdropped 1% of its total supply (10 million DOT) to users who participated in its Web3 Foundation grants program, which supports projects that contribute to the Web3 ecosystem. The airdrop was worth around $30 per user at the time of distribution, but the price of DOT surged to over $100 in October 2023, making it a rewarding airdrop for many developers.
• Filecoin (FIL): Filecoin is a decentralized storage network that allows users to store and retrieve data securely and efficiently. Filecoin airdropped 5% of its total supply (100 million FIL) to users who participated in its Filecoin Discover program, which provides free data sets for users to store and access on the network. The airdrop was worth around $50 per user at the time of distribution, but the price of FIL rose to over $200 in December 2023, making it a valuable airdrop for many data enthusiasts.

What to expect in 2024

The year 2024 is expected to be another exciting year for airdrops, as more and more crypto projects will launch their tokens and coins to the public. Some of the upcoming airdrops to look forward to in 2024 are:

• Ethereum 2.0 (ETH2): Ethereum 2.0 is the next-generation upgrade of the Ethereum network, which aims to improve its scalability, security, and efficiency. Ethereum 2.0 will introduce a new consensus mechanism called proof-of-stake, which will reward users who stake their ETH tokens to secure the network. Ethereum 2.0 will also launch a new token called ETH2, which will be airdropped to users who stake their ETH tokens on the Ethereum 2.0 network. The airdrop ratio and date are yet to be announced, but it is expected to be one of the most anticipated and significant airdrops in crypto history.
• Cardano (ADA): Cardano is a smart contract platform that focuses on sustainability, scalability, and interoperability. Cardano will airdrop 5% of its total supply (1.5 billion ADA) to users who hold ADA tokens in their wallets on the Cardano network. The airdrop will be distributed in monthly batches, starting from January 1, 2024. The airdrop is expected to be one of the most generous and consistent airdrops in crypto history.
• Cosmos (ATOM): Cosmos is a network of independent blockchains that enables interoperability, scalability, and innovation. Cosmos will airdrop 10% of its total supply (25 million ATOM) to users who hold ATOM tokens in their wallets on the Cosmos network. The airdrop will be distributed in quarterly batches, starting from March 31, 2024. The airdrop is expected to be one of the most diverse and dynamic airdrops in crypto history.

Conclusion

Airdrops are a great way for crypto projects to distribute their tokens and coins to the public, and for users to get free coins and tokens that could potentially increase in value over time. The year 2023 was a remarkable year for airdrops, as many new and innovative projects launched their tokens and coins to the public. The year 2024 is expected to be another exciting year for airdrops, as more and more crypto projects will launch their tokens and coins to the public. Users should always do their own research and due diligence before participating in any airdrop, and be aware of the risks and rewards involved. Happy airdropping!