Interest in new Airdrop opportunities has started to cool down after several disappointing Airdrop in the past two months. But new opportunities are always emerging, not to mention Telegram Mini Apps, many new projects have successfully raised Capital and are testing their nets this month.
Here are BeInCrypto's picks and notes on the most prominent projects that have the potential to bring in Airdrop .
Also Read: Cryptocurrency Airdrop “inflation”
#1. Andrena (DAWN) – DePIN Project Raises $33 Million
Andrena (DAWN) is a DePIN project, built on Solana . DAWN stands for Decentralized Autonomous Wireless Network, developed by the Andrena team. Andrena was founded in 2016, and is an Internet service provider in the US.
With DAWN, users can use Token to purchase internet bandwidth from users participating in the network. The project says it will make internet access like “solar panels delivering electricity,” allowing users to own, create, and sell their own internet services.
DAWN raised $15 million in early 2023 led by Dragon Fly. On August 7, DAWN announced it raised an additional $18 million, also led by Dragonfly, with participation from CMT Digital, Castle Island Ventures, Wintermute Ventures, etc.
Now that DAWN is on testnet, users can install the DAWN Validator extension in their browser, sign up, and use it to earn rewards.
#2. Vessel – DEX on Scroll Raises $10 Million
Vessel is a ZK Orderbook Exchange, using zk-SNARK technology, combining the efficiency of a centralized Order Book with the transparency and security of DeFi. This DEX promises high performance with up to 1,000 transactions per second and latency under 50 milliseconds. Vessel supports both Spot Trading .
On August 8, the project announced a successful Capital call of 10 million USD with the participation of Sequoia Capital, Avalanche Foundation, Folius Venture, Scroll..
Vessel Voyage is now officially mainnet on Scroll in August. Users using the DEX can now earn rewards points and have the potential for Airdrop later.
#3. Pentagon Games – GameFi Project with Binance Labs Participation
Pentagon Games is a game publishing project on the zkEVM chain , focusing on building games that integrate AI, AR, and virtual reality (VR).
On August 8, the project announced that it had successfully Capital 6 million USD with the participation of funds such as Binance Labs, The Spartan Group, Animoca Brands, Yield Guild Game (YGG)...
Currently, phase 1 of the project has introduced 5 outstanding games on the website and they are very well-built games. On the official website, in the Airdrop section, users can register, receive badges and invite friends for a chance to receive Airdrop later.
#4. Ion Protocol – Collateralized Debt Position (CDP) Issuance Protocol Raises $6.8 Million
Ion Protocol is a protocol that allows the issuance of Collateralized Debt Positions (CDPs). CDPs are Collateralized Debt Position, introduced by Maker DAO. In simple terms, CDPs are deposits and locks of collateral to mint another asset that represents another.
With Icon Protocol, users can deposit Liquid Staking Token (LST) assets or reStaking assets in the Eigenlayer to mint allETH. This way, stakers or restakers can have the opportunity to earn more profits.
In July 2023, Ion Protocol raised $2 million led by SevenX Venture. By August 12, the project continued to raise an additional $4.8 million with the participation of NGC Venture, SevenX, Robot Venture, gumi Cryptos...
Currently, the project is opening the Ion Point program, by depositing WETH/wstETH/weETH into Lending, Borrowing services or inviting friends, users can earn reward points with potential Airdrop later.
There are many other potential projects…
In addition to the above projects, some projects have been around for a long time and are still in the user experience phase to be able to receive Airdrop later, such as:
- Scroll – EVM compatible Layer 2 – raised $80 million, valued at $1.8 billion.
- Berachain – EVM-compatible Layer 1 Blockchain, raises $142M, valuation over $420M.
- Movement – Raised $41.4 million, and is funded by Binance Labs .
- Morpho – Decentralized lending protocol on Ethereum and Base Layer 2, raised over $69 million.
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