Crypto airdrops have become popular incentives in the market that reward all parties from digital asset projects to end users. A crypto airdrop is a distribution of parts of the platform’s token or other assets to community members.
Traditionally, the bull market sees more crypto airdrops as new tokens tend to be introduced to the market. Crypto airdrops rank high in community engagement strategies. Users also get a peep at what these tokens can do alongside their tokenomics. Normally, digital asset platforms seek to expand the number of users while the platform’s token records more activities. During the present bull market, here are the top crypto airdrops to watch out for in April.
Binance Halving Promo
The highly anticipated Bitcoin halving is seen as a bullish phase for the market leaders and other assets. The halving event is slated for April promoting the largest exchange by volume to reward users. Binance has set a $500,000 prize pool for the reward phase.
To participate, users are required to log in or register to Binance if they are new users, complete the Know Your Customer (KYC) requirements, and choose the particular airdrop promotion. Over the years, Binance has rewarded crypto users on its exchange.
SubQuery Network
The platform is a data aggregation platform for layer 1 and other decentralized applications (dApps). The platform will distribute 500,000,000 SQT tokens to reward users for participating in tasks, including referrals.
To participate, users need to go to the official airdrop page and connect their crypto wallet, complete the necessary KYC, verify email addresses, and complete the required tasks.
MYTH
MYTH is a web3 digital gaming platform that gives users blockchain gaming experience including metaverse and collectibles. The platform will airdrop 6,250,000 MYTHx tokens worth approximately $1 million. To participate, users are required to complete easy tasks including visiting the airdrop page and connecting Zealy with your Discord.
Users can then proceed to complete tasks and part in the quiz or true and false tasks to go higher in the leaderboard. Web3-gaming platforms often use airdrops to rally the community and improve participation. The platform also engages users to introduce new playing experiences for the entire ecosystem.
Other airdrops in April include Imaginary Ones, Parcl, Pryzm and Sovryn.
Read Also: El Salvador, Switzerland, and Nigeria Top Bitcoin Interests Post-Easter
The post Crypto Airdrops To Invest In April 2024 appeared first on CoinGape.
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