A to Z Guide For Earning Free Crypto From Airdrops In 2023!
Hey guys, this post is all about what are the best crypto airdrops to earn free crypto in 2023. With cryptocurrency still in its infancy, companies have now begun deploying airdrop campaigns in an effort to increase awareness and adoption for themselves and the crypto coins they offer.
Much like when you sign up for other giveaways on social media, most of these require you to provide your email address and personal information, but some of them don’t require anything at all! This article will explore some of the best cryptocurrency projects with airdrops that are worth taking advantage of as well as how to enter without providing credentials or giving away too much data.
Concept Of Crypto Airdrops
AirDrop campaigns are a marketing strategy that has been adopted by many companies with the hope of increasing their user base and awareness.
Essentially, it involves distributing free tokens or coins from a project or ICO to all users that sign up for it. These are often open to anyone and don’t require you to provide any personal information.
In some cases, they have been used as an alternative to an ICO when they didn’t have enough money to start one. However, airdrops can also be used as an incentive for users to join a company’s platform in order to earn tokens in addition to other methods of acquiring them such as mining or buying them on exchanges.
Types Of Airdrops
The first type of airdrop is giving something to people who already have an account with a platform. Several exchanges such as Binance, KuCoin, and Cobinhood give free tokens to holders of their platform’s token (BNB, KCS, COB) in order to increase usage of the exchange and help their coin grow.
The second type is when the company distributes tokens to all users that sign up for their platform but don’t require any personal information. This method has been used by several ICOs such as Neo and Ontology in order to dole out free tokens to potential investors (much like an airdrop).
The third is when the company doesn’t even have to provide you with an account on their platform. This method is called a “clean” airdrop, and it generally requires you to sign up via email (or several other methods), but only asks for your email address. The user database of these companies is large enough that they don’t have to provide the same level of personal data as some ICOs do.
Top 5 Crypto Airdrops To Earn Free Crypto In 2023
There are several great cryptocurrency projects that have decided to implement airdrops in order to help their coin join the ranks of solid and reputable coins on exchanges.
Some of these include Ontology, Neo, ChatCoin, and Linfinity. Others like VeChain and TRON have decided to implement airdrops into their business model but are phasing out the giveaways in favor of applications and tiered membership levels. We’ll talk more about that later in the article.
#1 NEO
NEO is a blockchain platform for smart contracts as well as a cryptocurrency that is commonly referred to as “China’s Ethereum” due to its similarities with that coin. It has been gaining notoriety in the crypto community for offering interesting investment opportunities such as paying dividends in GAS.
However, it also offers airdrop tokens called NGC (formerly known as ANTSHARES) that can be earned by holding NEO on its platform. You will receive at least 8 free tokens for every single NEO you hold.
#2 Ontology
Ontology is a public blockchain and distributed trust collaboration platform that is meant to facilitate multi-chain applications in a variety of industries such as data exchange, medical technology, finance, and more. It also offers an airdrop campaign that gives away $ONT worth of tokens for every $100 in ONT held.
As a public blockchain project, it is only available for use to developers and companies that want to create dApps on its chain rather than investors. It offers airdrop tokens called ONG that can be used to pay transaction fees on the chain if you are a dApp developer.
#3 Linfinity
Linfinity is a new blockchain protocol that offers high-throughput applications with built-in smart contracts and atomic swaps natively included in their design. It also has an accessible public blockchain platform for products such as token issuances, DApps, smart contracts, and more.
For their airdrop, you’ll receive at least 1 LFT for every $20 you spend on a hardware wallet or hardware device if it supports the Linfinity wallet.
#4 ChatCoin
ChatCoin is an ERC20 token that was created to facilitate high-speed cryptocurrency transactions that are used within the Kik messenger app. It is popular in Asian markets such as China, Korea, and Thailand.
For its airdrop, you will receive 1000 CC per month (or 30,000 CC) when you download and set up their new app that allows users to earn crypto.
#5 VeChain (VET)
VeChain is a token issued on the Ethereum blockchain that powers smart contract use cases that are centered around supply chain management and anti-counterfeiting applications.
However, its native blockchain is implementing features such as “secure multi-party computing” in order to provide functionality beyond that of a regular smart contract platform. For its airdrop, you’ll receive VET at least 10 tokens for every $100 in VET held and also 1 VET for every $20 worth of VeChain traded on exchanges.
Bottom Line
Earning free crypto by participating in airdrops is one of the easiest ways to start building your portfolio without many investments. However, you should be willing to invest your time in finishing the given tasks in time to make sure you don't miss the rewards.
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Big airdrop of this year $SUI network is running that is like Aptos.