Many airdrop hunters expect several Ethereum rollup solutions to release their crypto in 2024 and are preparing by all means to qualify as beneficiaries of the initial distribution phase.
ZKsync and Starknet are among the most important projects in the Ethereum layer 2 landscape that will most likely release their own token, accompanying the launch of an airdrop for users of decentralized networks.
Data from the valuations of the respective companies, contextualized with the growth that both ecosystems have experienced in the market over the past year, suggest that in the case of an airdrop, the reward could be very substantial.
Then there are “second-tier” projects, which are less talked about than the first mentioned, but which nevertheless deserve to be taken into consideration. These include the names Linea, Scroll and Fuel.
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Airdrop of crypto projects ZkSync, Starknet and LayerZero among the best for 2024
In 2023, many rumors suggested that several crypto projects would release their own tokens by the end of the year, given the growth of a wide range of decentralized ecosystems, including those of Ethereum. ZK accumulations.
Several months later, we must reconsider the timing of these events: unfortunately, the prolonged bear market after the brief crypto rally of early 2023 resulted in the postponement of the projects of several companies working in the development of blockchain infrastructures which had planned to create their own cryptocurrency during the current year.
In this regard, the Starknet teamnamely StarkWare, announced this month that it had postponed the first unlocking of STARK tokens from November 2023 to April 2024 as part of a plan to reorganize the internal roadmap.
Many airdrops hunters expect future Starknet crypto to be distributed via airdrop to all users who have contributed to the growth of the chain and the various dapps that have been built on it.
With a company valuation of $8 billion, an infrastructure TVL of $130 million, and a total of 17 million transactions in the last 30 days, it is very likely that in the event of an airdrop the rewards for the community will be substantial.
As for The ZkSync eraone of the most important layer 2s of Ethereum using zero-knowledge cryptographic proof-of-concept technology, A token airdrop from the project is also expected to be announced by the end of the year.
However, once again, the project to decentralize sequencers and provers took a long time, and had to postpone the possible release of a coin for the zk ecosystem until next year.
Then there is the fact that right now the world of cryptocurrencies is focused on the question of Bitcoin Spot ETF and its likely approval soon. Launching a token in such a situation could be counterproductive for the issuing company.
Several clues, such as a spoiler from the team about the feasibility of a reward for layer 2 users, have attracted several airdrop hunters in 2023, with a huge impact on the channel growth.
ZkSync has a TVL of $432 million, 28 million transactions in the last 30 days, and a valuation of $1 billion by parent company Matter Labs.
All these factors suggest that in 2024, when the airdrop rumor is confirmed, the rollup supporters will be rewarded with 3-digit sums.
The best layer 2 crypto airdrops: strong speculation on Linea, Scroll and Fuel
Although expectations for Starknet and ZkSync airdrops are very high, it should be remembered that there are also other “layer 2” projects that could introduce their tokens to the crypto market in 2024.
We are talking about 3 others Ethereum ZK rollups which have recently gained public attention given the growth of their ecosystems.
The most important of these is certainly Lineaa second-tier scaling solution that, in just 3 months since launch, has totaled a TVL of $72.8 million.
Having recently entered the mainnet, it will likely be a few more months before a utility token is actually released. Therefore, logically speaking, we could witness during the year 2024 the release of Linea, accompanied by the celebrations of the first contributors of the crypto network.
Another notable infrastructure is Scrollone of the most anticipated Ethereum rollups in the crypto community, which recently arrived on the mainnetopening the dances for the paratrooper farmers.
As with other ZK networks, an internal project token should be created and distributed to early adopters on the chain.
Scroll has been in development since 2021 and has received several $80 million in private funding, which suggests that the project team will use it in part to compensate its community.
At the moment, the channel has a very small TVL, but could see a very large influx of capital in the short term given the hype generated on social media about a rumored crypto project airdrop.
Ultimately we cannot fail to mention Fuelone of the most important modular runtime layers currently under development.
The network team has raised $81 million in funding and growth prospects project the infrastructure as one of the fastest growing on Ethereum. layer-2 landscape.
It is currently still in testnet, so before it launches on the mainnet and before a native crypto ecosystem is finally created, it will probably take a few months.
Q4 2024 is the most likely timeline for an airdrop of fuelfor which, however, we will have to prepare over the next 6 months.
How to earn cryptos through these projects?
In any case, it is not a complex practice to carry out once you understand the key factors and also allows you to obtain decent rewards even if you are not really experienced in the world of crypto.
First of all, to start, you must be in possession of a non-custodial walletsuch as Metamask and Trustwallet.
If you have so far only used your cryptocurrencies through exchanges, it is best that before diving into the world of airdrops, you put into practice all the mechanisms of Challenge and web3.
In addition to the decentralized wallet, it is imperative to have at least a few hundred dollars in crypto in order to carry out transactions in the infrastructure with which you will interact.
In the case of airdrops to Ethereum ZK Layer 2s, we can find many commonalities in the strategies used by so-called “hunters” to obtain gift tokens with minimal effort.
In principle, it is essential to follow these 4 types of operations to plausibly secure dropping ZkSync, Starknet, and other Layer 2s:
- Ethereum bridge to rollup: each layer 2 has an interface where you can transfer your funds (ETH) from the Ethereum central network
- Providing liquidity and executing swaps on the reference DEX of these networks. On the official Ethereum rollup websites, you can find all the links to the platforms in the “Ecosystem” sections.
- Interactions in general with networks smart contracts (at least 10 different protocols.
- Activities on the Ethereum mainnet: hold a minimum balance of $50 and carry out occasional transactions even with small amounts of money
The criteria by which the teams of these projects decide to undertake an airdrop may vary and include different requirements, but they will probably take into account, at least partially, the 4 points we have just listed.
The bigger your presence on these cutting-edge rollups, both in terms of trading volume and transaction amount, the bigger the reward you will get.
For more updates, stay tuned to this weekly column!