In this article, let’s join Weakhand to find 5 projects with huge airdrop potential by the end of 2023 as well as detailed instructions for each project. Everyone, don’t miss any part of the article because maybe that part is the project that will be airdropped in the future.
Some related articles that people can learn more about:
- What is Retroactive? How to Change Your Position in the Crypto Market
- The Difference Between Retroactive And Airdrop
Airdrop Overview
A common trend of projects in the Crypto market is to distribute tokens to the community right at the time of TGE. In previous cycles, this was done through ICO and IDO forms and it posed a lot of potential risks to investors as the project could take the money and run away at any time.
And airdrop was born as a new form of distributing tokens to the community at TGE without users having to spend any amount of money to own tokens. This is also a gratitude of the project to the community, those who have participated in the experience as well as contributed to making the project more and more complete.
Along with the difficulty and long time of closely monitoring the project, users often receive an airdrop reward worthy of what they spent. Some typical recent examples are Arbitrum which rewarded $1000-$13000 per wallet, Aptos awarded ~$1500 per wallet, etc.
5 Potential Airdrop Projects
LayerZero
LayerZero is an Omnichain Messaging protocol, also known as cross-chain messaging, that helps cross-chain dApps transfer information between blockchains quickly and securely. By building an Endpoint on each blockchain to transmit and receive information through a network of many Ultra Light Nodes, LayerZero integration protocols are often very secure.
LayerZero has also gone through many different funding rounds, details are as follows:
- Seed Round: Raised $2M on April 1, 2021 and it is unclear who participated in the investment.
- Series A: Raising $.63M on September 16, 2021 with the participation of Multicoin Capital, Binance Labs, The Spartan Group,…
- Series A expansion: Raising $135M on March 30, 2022 with the participation of Sequoia Capital, a16z, Coinbase Ventures, Multicoin Capital,… and valued at up to $1B.
- Series B: Successfully raised $120M on April 4, 2023 with the participation of Circle, Sequoia Capital, a16z, SamsungNext,… and was valued up to $3B.
We can easily see that in our capital raising rounds, LayerZero is highly valued by investment funds, and what investment funds often value projects in this Crypto market is token. So we can look forward to a huge airdrop from the LayerZero project in the near future by participating in the airdrop now.
To learn the detailed steps for the LayerZero project, everyone can refer to the article Retroactive LayerZero Hunting Guide.
Starknet
Starknet is a Layer 2 on Ethereum’s network that uses Zero Knowledge Rollup technology to aggregate and verify transactions. Starknet also uses a programming language completely different from Layer 2, Cairo, so customization is also very high.
StarkWare is currently the company behind building and developing Layer 2 Starknet and has gone through many different funding rounds:
- Seed Round: Raised $6M on May 10, 2018 with the participation of investment funds Pantera Capital, Polygon Capital,… and a few other faces, the most prominent being Vitalik Buterin.
- Grant: Received $12M from Ethereum Foundation.
- Series A: Successfully raised $30M on October 28, 2018 with the participation of investment funds such as Paradigm, Sequoia Capital, Pantera Capital, Multicoin Capital,…
- Series B: Successfully raised $75M on March 24, 2021 with the participation of Paradigm, Sequoia Capital, Pantera Capital,…
- Series C: Successfully raised $50M on November 16, 2021 with the participation of Paradigm, Sequoia Capital, IOSG, DCVC,… and a valuation of $2B.
- Series D: Successfully raised $100M at a valuation of $8B on May 25, 2022 and the participation of investment funds such as Greenoaks, Cuatue, Paradigm, Sequoia Capital,…
- Funding Round: Successful call for $9.5 on July 1, 2022 by Alameda Research.
Currently, Starknet has deployed a token with the code STRK, however the main function of this token at the moment is to use it for network administration and cannot be traded on any exchange. Recently, the Starknet community has had a few proposals related to switching to a Layer 1 on the Cosmos ecosystem. If this proposal is approved, the prerequisite is the STRK token. must be widely distributed and circulated.
A tradition of StarkWare projects in general is the huge airdrop, DYDX is probably a name worth mentioning when the airdrop reaches hundreds of thousands of dollars for users. To not miss the airdrop from Starknet, everyone can follow the instructions to Receive Thousand Dollar Airdrop on the Starknet Ecosystem.
zkSync
Just like Starknet, zkSync is also a Layer 2 that uses Zero Knowledge Rollup technology to synthesize and send transactions to Ethereum for verification. The only difference with zkSync is that Layer 2 uses zkEVM, making it much easier for dApps on Ethereum to be compatible.
Behind the construction and development of zkSync is the Matter Labs team with many years of experience in the financial market and has gone through many different funding rounds:
- Seed Round: Raised $2M with the participation of DrangonFly Capital, 1kx, Hashed Fund,… on September 23, 2019.
- Series A: Raising $6M on October 1, 2021 with the participation of a16z, DragonFly Capital, 1kx,…
- Series B: Raising $50M on November 8, 2022 with the participation of a16z, DragonFly, ConsenSys, 1kx,…
- Funding Round: Raised $200M on January 27, 2022 from BitDAO.
- Series C: Raising $200M on November 16, 2022 with the participation of Blockchain Capital, DragonFly Capital, a16z,…
The Matter Labs team has also confirmed the launch of a token for zkSync in the future, but it will only happen after the network is completely built and requires decentralization. This orientation of zkSync is generally quite similar to some other Layer 2s such as Arbitrum and Optimism when they only launch tokens after completely building the ecosystem.
In addition, at least 2/3 of the total supply of zkSync tokens will be distributed to the community, so everyone can refer to and follow the article Guide to Hunting Retroactive Project zkSync Era.
Linea
Linea is also a Layer 2 that uses zk-Rollup technology to aggregate and send transactions to Layer 1 Ethereum for verification. Because it is born late compared to other Layer 2s, the Linea ecosystem is currently not completely built.
However, we will be able to rely on the strength of the ConsenSys team when they have built indispensable things in the Crypto market such as Metamask or Infura wallets. That’s why they have called for a huge amount of money from investment funds in the market:
- Funding Round: Successfully raised $10M from SK Telecom on July 2, 2019.
- Funding Round: Successfully called for an unknown amount of money from JP Morgan on August 25, 2020.
- Strategic Round: Successfully raised $65M on April 13, 2021 from investment funds JP Morgan, Mastercard, BlackRock,…
- Series C: Successfully raised $200M on November 17, 2021 with the participation of Marshall Wace, Third Point Ventures, DragonFly Capital, Coinbase Ventures,… and a huge valuation of $3.2B.
- Series D: Successfully raised $450M on March 15, 2022 with the participation of ParaFi Capital, Temasek, SoftBank, Marshall Wace,… and a huge valuation of $7B.
The biggest evidence that Linea has a high possibility of launching tokens is that the project already has a number of large price viewing sites such as Coinmarketcap, Binance Prices,… However, in essence, ConsenSys has the right to launch each token. Separately for each product such as Metamask, Linea,…
To not miss the opportunity to receive an airdrop from Linea in the future, everyone can refer to and follow the Retroactive Linea Network Mainnet Hunting Guide.
Debank
DeBank is an on-chain tracking all in one platform with the goal of bringing as many experiences as possible to everyone in just one dApp. Everyone only needs to own an EVM wallet address to be able to use DeBank, but to experience all the features, everyone must mint a Web3 ID.
To weigh up DeBank’s capital raising compared to the other projects on the list, DeBank itself is quite weak, having only called for $25M from a number of investment funds such as Sequoia Capital, DragonFly Capital, Coinbase. Ventures, Circle,… at $200M valuation.
However, the difference with DeBank is that the project has quite a few users compared to LayerZero, Starknet, zkSync, Linea. So we can expect an airdrop from DeBank similar to Arkham when there are wallets receiving hundreds of thousands of dollars.
In addition, DeBank’s future direction is aiming to build a Layer 2, so everyone can refer to and follow the DeBank Retroactive Hunting Guide.
Summary
Above is a summary of 5 potential airdrop projects in 2023 from Weakhand. Hopefully through this article, everyone will not miss a huge airdrop in the future from projects that have been approved. mention.
