Jackson Denka, CEO of Azura, believes crypto airdrops will eventually take a backseat to IPO’s, but what if there was a way to save them?
Latest News on Airdrops
Airdrops are a marketing strategy blockchain projects use to send free tokens to specific wallet addresses.
Usually, beneficiaries participate in certain actions, such as joining a social networking platform, owning a specific cryptocurrency or interacting with the project community.
The objective of airdrops is to boost token distribution, attract users and promote interest in the project. Airdrops encourage community interaction and expand the user base.
Get all the latest news on airdrops with Cointelegraph!
- News6261
- NewsMonad co-founder Keone Hon warned users to stay vigilant after fake links appeared as Telegram ads in its official announcements channel. 7267
- NewsNeal Stephenson’s Lamina1 teamed up with Consensys’ Linea to launch Spaces, a platform for creator-owned IP and interactive storytelling on Ethereum. 10811
- NewsCrypto price tracker CoinGecko shows that the Linea token traded at $0.024 at the time of writing, down 20% in the last 24 hours. 28032
- NewsBubblemaps flags 100 wallets that claimed 9.8 million MYX tokens worth around $170 million, calling it the “biggest airdrop Sybil of all time.” 4609
- NewsEthereum L2 Linea resolved a temporary sequencer issue on Wednesday, deploying a solution within an hour after identifying the problem. 3261
- NewsThe trader claimed to have outperformed MEXC’s external market makers and been sidelined for being “too profitable.” 23047
- SpotlightAn onchain gifting model ties emotion to value, lowers onboarding barriers with gasless claims and turns token transfers into shared social moments that tighten community bonds. 34734
- ExplainedCybercriminals hijack or impersonate trusted X accounts to post phishing links that lead users to fake sites or malicious smart contracts designed to steal crypto. 
- How toFake airdrops are designed to drain users’ funds from their wallets. You need to be well-versed in airdrop scams to protect your crypto wallet. 10241
- NewsBinance is cracking down on bot abuse in its Alpha Points early-access program after detecting coordinated bot farming activity. 5447
- SpotlightBinance’s updated token distribution interface and consolidated BNB utilities reveal a broader push toward simpler user interactions. 15349
- NewsFollowing an anticipated airdrop, the DOOD token’s market capitalization declined by roughly 40% on May 9, according to DEX Screener. 34086
- NewsArizona Governor Katie Hobbs has signed a law allowing the state to claim ownership of digital assets that have been abandoned for at least three years. 11428
- AnalysisWeb3 social network Zora’s recent airdrop led to a wave of discontent on social media, but creators and builders are convinced that the future of creativity is still onchain. 2531