Home Community Insights Coin Airdrops in 2023 – Airdrop Meaning and Principle

Coin Airdrops in 2023 – Airdrop Meaning and Principle

Coin Airdrops in 2023 – Airdrop Meaning and Principle

As new digital assets continue to increase, people are looking for promising cryptocurrencies for investment. Coin airdrop events provide an opportunity for new projects to be exposed to the public and provide investors with a way to receive free tokens.

In this guide, we will learn about the meaning and principles of coin airdrops and take a detailed look at the best cryptocurrency airdrops and airdrop events in 2023.

8 Best Cryptocurrency Airdrops You Can Receive Right Now

Below is a list of the best cryptocurrency airdrops in 2023.

  1. Bitcoin Minetrix – New Stake-to-Mine Project Offering $30,000 Airdrop
  2. Wall Street Memes (WSM) – Huge meme coin project offering $50,000 worth of airdrops
  3. Tamadoji – P2E platform with NFT pets and prizes
  4. Battle Infinity – Fantasy Sports P2E Project with Staking Features
  5. Lucky Block – Competition and rewards platform utilizing NFT collections
  6. Basic Attention Token – private digital advertising network with regular 25-40 BAT airdrops
  7. DeFi Chain – Decentralized Financial Services Blockchain
  8. CEX.IO – DeFi exchange for Polkadot and Kusama cryptocurrency airdrops
  9. Morpher – 100 MPH + 50 per referral

This list includes several projects suitable for a variety of investors: gamers, stakers, miners, social media users, etc.

What is a Cryptocurrency Airdrop? – Coin Airdrop Meaning

New blockchain projects or networks often utilize cryptocurrency airdrops as a marketing strategy. In most cases, airdrop events are held ahead of a project’s listing on an exchange.

  • In short, it is a marketing strategy where cryptocurrency startups hand out coins or tokens to the general public.
  • It is also used as a component of a campaign to imprint the project in the memories of token holders or traders, and the airdrop event is free.
  • Users must meet certain requirements, such as participating in the project’s social media channels, to receive the free airdrop.
  • For example, other airdrops award more coins to those who support the network and encourage current community participation.

Airdrop participants are encouraged to thoroughly research against phishing scams before 

registering on a particular site.

A Detailed Analysis Of The Best Free Cryptocurrency Airdrops

If you’re interested in airdrops, below you’ll find a detailed analysis of the best free coin airdrops of 2023, including some interesting alternatives.

Let’s look at what projects cryptocurrency airdrops are part of and details about the conditions for receiving airdrops.

1. Bitcoin Minetrix – New Stake-to-Mine Project Offering $30,000 Airdrop

Bitcoin Minetrix (BTCMTX) is a new project that aims to revolutionize the cloud mining industry by introducing the world’s first idea of ??stake-to-mine. The project recently began pre-sale, quickly raising close to $1 million, and is receiving a lot of attention thanks to generous airdrops.

Currently, Bitcoin Minetrix’s airdrop offers a total of $30,000 worth of BTCMTX tokens, and a total of 10 winners will be selected. You can participate by referring to the airdrop section on the homepage and completing 6 simple missions. There will be a total of 10 airdrop winners, each of whom will receive $3,000 worth of BTCMTX tokens, and the period will last approximately 8 months.

Bitcoin Minetrix allows users to participate in cloud mining by staking tokens. Thanks to this, users can enjoy mining profits with easy and safe access to cloud mining, which today is rife with ambiguity and fraud.

To introduce in detail, token holders can acquire mining credits through staking and burn them to gain mining power. This entire process is carried out through an easy and simple dashboard, and users can check progress and rewards in real-time.

Thanks to this mechanism, users can participate in Bitcoin mining without requiring expert knowledge of cloud mining. Additionally, the minimum investment required is $10, so anyone can participate without burden. Additionally, thanks to using the Ethereum blockchain, it has the advantage of being much more environmentally friendly than regular mining.

BTCMTX pre-sale consists of a total of 10 stages, and the current price is $0.011. However, the price will increase at each stage, reaching $0.0119 at the end.

The latest information about Bitcoin Minetrix can be found on the official Telegram or Twitter (X).

Hard Cap $32 million
Total Supply 4 billion
Pre-Sale Quantity 2.8 billion
Blockchain Ethereum Network
Token Type ERC-20
Minimum Purchase $10
Purchase Token USDT, ETH, BNB

Visit Bitcoin Minetrix

2. Wall Street Memes (WSM) – Huge Meme Coin Project Offering $50,000 Worth Of Airdrops

Wall Street Memes (WSM) is a new meme token offering airdrops. It has been supported by a huge community built on various social platforms since the beginning of the project. The project has gained great notoriety in the past through the launch of the Wall Street Bulls NFT and is making headlines once again with the recent unveiling of WSM.

The project raised over $20 million through pre-sales. In particular, it attracted great attention from cryptocurrency investors by raising $300,000 in one day. Currently, pre-sale has ended, and listing on various cryptocurrency exchanges, including OKX, is being promoted.

This project understands the importance of community, which is why it is offering massive airdrops right from the beginning of the presale. Accordingly, five winners will be awarded $50,000 worth of prizes.

Wall Street Memes, which emerged to democratize the vast investment world and provide good opportunities to individual investors, has early attracted a lot of attention by interacting with celebrities such as Elon Musk on Twitter. In addition, as we use our huge community as a weapon to promote listing on various exchanges, we are expecting great growth with high visibility.

The project pursues a community-driven approach, and the total supply of WSM tokens is set at 2 billion. 50% will be allocated in the pre-sale, with the remainder going towards community rewards and exchange liquidity.

This project is expected to see high growth in the future due to its strong community, clear vision, and past NFT success history. So, if you are looking for a good airdrop project, WSM token is definitely a project you should check out today.

The latest news about Wall Street Memes can be found on the official Telegram channel.

Visit Wall Street Memes

3. Tamadoji – P2E Platform with NFT Pets and Prizes

Tamadoji is a P2E platform, and its base token, TAMA, acts as a cog in the ecosystem. TAMA tokens are used to trade Tamadoji Pet, a virtual dog character created with NFT. The NFT can be purchased on Tamadoji Marketplace.

Players can compete in group events with their pets to earn TAMA rewards. Tamadozi is one of the top trending cryptocurrencies of 2023 and has already generated over $19 million in revenue through pre-sales. Analysis suggests that the TAMA token’s CEX listing will also be one of the largest this year.

Tamadoji also operates a variety of airdrop-style prize giveaways. At the time of writing, the $30,000 TAMA airdrop announcement was made public on the project’s Twitter page.

There will also be a $100,000 cryptocurrency prize draw that you can enter by completing various tasks. All you need to participate is to have $100 worth of TAMA.

There are many ways to participate. For example, investors perform more than one task on Twitter. Actions include following a project or posting a Tweet about Tamadoji, which gives you one ticket to participate. The Elon Musk tag offers five participation tickets. There are a variety of ways to get involved, including simply joining Tamadoji Telegram or Discord.

Investors also gain entry by visiting the project on Instagram or YouTube. Share the contest with your friends and they will give you five entries. If you complete all tasks, you can get a whopping 17 participation tickets.

The P2E function mentioned above is also one of Tamadoji’s competitive advantages. To establish itself as a leading cryptocurrency project, this platform will introduce unique P2E components such as augmented reality (AR) apps and P2E arcades.

Pre-sale sold out early. TAMA sold out, raising a whopping $19 million. Tamadoji can be purchased by opening an account on OKX (a popular cryptocurrency exchange with both CEX and DEX platforms).

Investors can check the upcoming cryptocurrency airdrop schedule by joining Tamadoji on Twitter, Telegram, Discord, YouTube, and other social media platforms.

4. Battle Infinity – Fantasy Sports P2E Project with Staking Function

Battle Infinity is a project created by combining various functions and technologies such as P2E, NFT, metaverse, marketplace, and staking, and uses IBAT as the basic cryptocurrency.

This P2E platform provides players with the opportunity to earn cryptocurrency through gameplay while also providing a platform for interaction with others. Battle Infinity, which ensures great immersion and a variety of fun, is attracting a lot of attention as it is considered the best cryptocurrency to purchase in 2023.

There are five main components that make up the Battle Infinity ecosystem. IBAT Premier League is a fantasy sports P2E game. The first launch is based on the hugely popular cricket franchise, the Indian Premier League.

Sports games featuring fantasy versions of soccer, hockey, basketball, and baseball are scheduled to be released. Players must build their own super team and compete with other teams to climb the leaderboards.

In the IBAT Premier League, real players exist as NFTs. Furthermore, all components in the game, including characters and weapons, have been tokenized. Due to the tokenization of assets in Battle Infinity, each item in the game has an independent entity and is valued based on its rarity.

BattleGames is the project’s own multiplayer game store, with more titles scheduled to be added over time. All Battle Infinity NFTs, including game characters, rewards, and assets, are traded on the Battle Market.

There is also a decentralized exchange within the platform called Battle Swap. This allows players to exchange the cryptocurrency they have been paid out of and purchase IBAT tokens directly. Battle Infinity’s most recent airdrop-style crypto giveaway rewarded 100 participants with $3,000 worth of IBAT. $500 worth of IBAT tokens went to one winner.

Investors can stay up-to-date on new NFT airdrops and the Battle Infinity community on platforms such as Twitter, Discord, or Telegram. You can purchase Battle Infinity Tokens at Elbank or Pancake Swap.

Cryptocurrency is an investment product with no significant volatility and regulation.

5. Lucky Block – Competition and Rewards Platform Utilizing NFT Collections

Lucky Block is an innovative project centered on NFT-based competition. The pre-sale of the platform’s native token LBLOCK was successful and sold out early. In all competitions held by Lucky Block, different types of NFTs are awarded as rewards.

For example, investors can purchase a specific BTC1M NFT to participate in an airdrop-style competitive drawing containing $1 million worth of Bitcoin. After all NFTs for each competition are sold, a drawing will be held, and tokens will be awarded to lucky winners through the drawing.

Competitive NFT holders can continue to receive regular LBLOCK rewards even after the drawing, generating steady cryptocurrency revenue. Lucky Block has also created a unique collection of 10,000 NFTs, 25 of which are highly rare.

People who purchase NFTs from the above collection become members of the Platinum Roller Club. Each NFT serves as an entry ticket into a drawing where the holder can win daily airdrop-style prizes. Additionally, multiple NFTs can be traded on the platform, and investors can also make money through auctions.

There are two versions of Lucky Block tokens: LBLOCK V1 is built on Binance Smart Chain and is used for gameplay, rewards, and DEX trading. Meanwhile, LBLOCK V2 was created on the Ethereum network. LBLOCK V1 is paid out as NFT holder rewards and is traded on the leading CEX platform.

V1 holders can exchange for V2 tokens through the Lucky Block Bridge. V1’s diluted market capitalization is nearly $35 million. LBLOCK V2’s fully diluted market capitalization is nearly $2 million at the time of writing.

To participate in various draws, investors can purchase lucky blocks on Uniswap, Gate.io, or MEXC exchanges.

Buy Lucky Block

Cryptocurrency is an investment product with no significant volatility and regulation.

6. Basic Attention Token – Private Digital Advertising Network with Regular 25-40 BAT Airdrops

JavaScript developers have developed a cryptocurrency called Basic Attention Token for the digital advertising sector. Simply put, compared to regular advertising, advertisers attract more target customers, publishers get paid for their content on time, and users are compensated for the time they spend watching ads.

At the time of writing, this token is one of the best cryptocurrency airdrop picks for those who want a free, highly versatile token. 188 countries, over 400 advertisers, and nearly a million participants have supported or listed BAT.

Top cryptocurrency exchanges such as Crypto.com, BlockFi, OKX, BitPay, etc. already support Basic Attention Token.

Basic Attention Token users receive 70% of the company’s advertising revenue. You can earn free BAT tokens by surfing the web. Users simply need to download the Brave browser, click ‘enable Brave Ads’, and turn on the notification system.

Once a month, users can claim token BAT on a first-come, first-served basis. You can get tokens worth between 25-40 BAT for free.

The fully diluted market capitalization of Basic Attention Token is over $540 million at the time of writing.

7. DeFi Chain – Decentralized financial service blockchain

A blockchain platform called DeFiChain provides decentralized finance for Bitcoin. It is a platform established with the goal of providing financial services similar to commercial banks and includes functions such as lending, savings, and investment.

DeFi Chain differs from traditional banks in that it is a decentralized platform built on blockchain. The network supporting the platform’s distributed computing resources was built to speed up transactions and ensure transparency.

DeFiChain provides free DFI worth $30 as an airdrop to new users. This is provided through collaboration between DeFi Chain and Cake DeFi. Like most cryptocurrency airdrops, you must register an account to receive the airdrop.

After creating a Cake DeFi account, investors must complete the verification process and deposit $50 worth of the cryptocurrency of their choice.

At the time of writing, DeFiChain’s fully diluted market capitalization is over $1 billion.

8. CEX.IO – DeFi exchange for Polkadot and Kusama cryptocurrency airdrops

CEX.IO is a cryptocurrency exchange with over 4 million customers. Users of the platform can buy, sell, trade, and store multiple cryptocurrencies.

The exchange offers Polkadot (DOT) staking incentives of up to $200. Polkadot is gaining popularity as one of the best altcoins in the cryptocurrency market as it enables cross-chain interoperability, a particularly attractive feature for developers.

To receive this airdrop, investors must open an account on CEX.IO and then complete the KYC process. And all you have to do is purchase or deposit at least 1DOT.

One of CEX.IO’s best cryptocurrency airdrops is $3,000 in Kusama (KSM) tokens awarded to 20 participants. After further investigation, we learned that one participant would receive $500 worth of KSM and two participants would each receive $300 in tokens.

Two additional participants will each receive $200 worth of KSM. 15 airdrop participants will each receive $100 worth of tokens.

Kusama has a diluted market capitalization of approximately $404 million at the time of writing. That’s more than Polkadot’s diluted market capitalization of $7.7 billion.

9. Morpher – 100 MPH 50 per referral

Morpher is a trading platform that offers a variety of markets. Morpher offers zero fees and unlimited liquidity, allowing users to trade an infinite number of assets. At the time of writing, the platform is running an MPH free airdrop event.

The Morpher trading platform offers one of the best cryptocurrency airdrops for digital currency, stock, and commodity investors. To participate, investors simply need to create an account on Morpher, connect their crypto wallet, and complete the KYC process.

The platform will then airdrop 100 MPH to the investor’s wallet. MPH is the native currency of this platform. Therefore, tokens received through airdrop can be used to invest in commodities such as Bitcoin, Amazon, and even gold.

Investors who refer their friends to Morpher will receive an additional 50 MPH per successful sign-up. At the time of writing, Morpher’s diluted market capitalization is over $17 million.

How does a free cryptocurrency airdrop work?

Each of the best free cryptocurrency airdrop events covered in this guide differs slightly in how they work and how investors can participate.

Let’s take a closer look at how different cryptocurrency airdrop events work.

  • Simply put, an airdrop event distributes cryptocurrency tokens to a set number of wallets.
  • Participants in the free crypto airdrop event must perform all tasks requested by the project team within a specific time period.
  • Users need to perform simple tasks on social media platforms.
  • For example, joining the project’s official Twitter page, Discord, or Telegram group.
  • A common way to get free cryptocurrency is to refer your friends to the platform.
  • Projects like Tamadozi give out free cryptocurrency giveaways when you share a tweet, and give you 5 participation tickets when you tag Elon Musk.
  • Some cryptocurrency giveaways ask investors to purchase NFTs or coins of the project.
  • Some cryptocurrency airdrops require investors to sign up on the platform and deposit a certain amount of money.

The project’s cryptocurrency will be distributed to the wallets of a small number of winners over a specified period of time.

How to purchase Bitcoin Minetrix coins

Below we will introduce the simple process of purchasing Bitcoin Minetrix.

Step 1 – Create a Metamask wallet

A non-custodial wallet is required to participate in the presale. MetaMask and Trust Wallet are both good choices. Visit the MetaMask website and download the app in the desired version.

Step 2 – Buy ETH/BNB/USDT

To purchase BTXMTX tokens, you will need ETH, BNB, or USDT. These tokens can be easily purchased on coin exchanges such as OKEx.

Step 3 – Connect your wallet

Access the Bitcoin Minetrix website, click the ‘Connect Wallet’ button, and connect the wallet you prepared earlier.

Step 4 – Purchase BTCMTX Tokens

Now enter the quantity of tokens to purchase in the pre-sale widget at the top of the official website and click the purchase button. Then follow the remaining instructions to purchase tokens.

Step 5 – Receive BTCMTX tokens

Purchased BTCMTX tokens can be received after the pre-sale ends. Once the pre-sale period ends, simply visit the pre-sale page again and link the same wallet.

Conclusion

The distribution of cryptocurrency tokens or coins to wallet addresses is called an airdrop, and in this guide, we have looked at the best airdrop events in 2023.

Platforms offering the best airdrop events included Bitcoin Minetrix, Wall Street Memes, Tamadoji, Battle Infinity, and Lucky Block.

Bitcoin Minetrix is ??currently hosting a $30,000 giveaway for investors. This is one of the most popular presales of the year, and each person can enjoy up to $3,000 by participating in the airdrop. Explore Bitcoin Minetrix now and participate in the best cryptocurrency airdrop.

Visit Bitcoin Minetrix

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