10.21-10.25 Hot Airdrop Overview

10/28/2024, 8:53:45 AM
Gate Research has compiled a list of popular projects for the week of October 21 to October 27, expected to have significant airdrop opportunities in the coming year and have received support from well-known investors. The highlights include introductions to these trending projects, details about the airdrops, and how to participate, to provide users with the latest updates on airdrop developments.

Summary

Gate Research has compiled a list of popular projects for the week of October 21 to October 27, expected to have significant airdrop opportunities in the coming year and have received support from well-known investors. The highlights include introductions to these trending projects, details about the airdrops, and how to participate, to provide users with the latest updates on airdrop developments.

Airdrop

DAWN

DAWN is a decentralized wireless network developed by the Andrena team. It allows property owners and residents to buy and sell internet capacity in their vicinity, enabling users to operate as their own internet service providers. The project utilizes proof-of-backhaul, proof-of-location, and proof-of-frequency to build a trustless exchange system, and has raised $33 million in funding.

Participation Method for DAWN:

  1. Download the DAWN Validator Chrome plugin: Click here[1]
  2. Open the plugin and register an account.
  3. After completing registration, verify the link sent to your email.
  4. Click on “Boost Rewards” to complete tasks and start earning airdrops.

Scroll Announces First Airdrop Event, Rewarding Community Contributors with 55 Million SCR Tokens

Scroll recently unveiled its first airdrop event, planning to allocate 7% of its total token supply (approximately 55 million SCR tokens) to community contributors. This airdrop aims to reward users who have been actively participating in the Scroll ecosystem, including various categories such as on-chain activities, building ecosystem projects, and technical contributions. Participants must accumulate at least 200 Marks by October 19, 2024, to qualify for the corresponding SCR tokens.

In this airdrop, 55,000,000 SCR tokens will be distributed to users who engage in on-chain activities, with 40,000,000 SCR allocated proportionally among eligible participants. Additionally, Scroll will provide an extra 10,000,000 SCR as a Flat Boost for all eligible users, ensuring that every participant receives a certain amount of token rewards. The airdrop event is set to begin on October 22, 2024, and will last for 90 days, aiming to further encourage community participation and support the development of Scroll.[2]

EchoProtocol

EchoProtocol is a project incubated by MoveMent Labs, focused on enhancing the liquidity of Bitcoin (BTC). The protocol aims to facilitate seamless interoperability of BTC assets through bridging, liquid staking, and re-staking solutions. In October 2024, EchoProtocol completed its Pre-Seed funding round, securing support from several well-known investment institutions, including Spartan Group and ABCDE Capital. The project’s current Total Value Locked (TVL) has reached 2,000 BTC, equivalent to approximately $130 million.

Participation Method for EchoProtocol:[3]

  1. Users need to obtain whitelist eligibility and can stake BTC, USDC, USDT, or APT to earn an annual yield of up to 12%, with monthly payouts in APT.
  2. Participants can earn points from Bsquared, Echo, and Babylon, while enjoying a 10% yield bonus and 1.5x Echo points.
  3. The event runs from October 21 to 27, with a participation cap of 500 BTC. Spots are limited and will be allocated on a first-come, first-served basis. [4]

TheoriqAI

TheoriqAI is an on-chain Web3 AI agent platform community-created AI agents. The platform enables seamless interaction between multiple AI agents, aiming to enhance the functionality and efficiency of smart contracts and decentralized applications (dApps). TheoriqAI, a modular AI project backed by prominent investment firms such as Hack VC and IOSG, has successfully raised over $10.2 million. Recently, it launched a public incentive testnet, offering a variety of tasks, including social interactions, AI dialogues, and feedback tasks, allowing participants to earn rewards by completing these tasks[5].

Participation Method for TheoriqAI:

  • Visit the TheoriqAI website, link your Twitter account, and access the tasks page, prioritizing completing social tasks[6].
  • Enter the “Agent tasks” module, engage in dialogues with AI agents, earning 5 XP for each interaction. Complete a total of 10 dialogues. Log in through the Infinity portal using your email or X account, and connect your OKX Web3 wallet to proceed with the tasks.
  • Access the “Feedback Quest” module to provide feedback, earning 50 XP for each submission. Upon completing the tasks, participants can claim their rewards.

Wukong

WooKong is the first meme-themed NFT project on the market with a Journey to the West theme, and it is set to launch the largest airdrop in Solana’s history. This airdrop targets owners of first and second-generation Solana phones, active Raydium users, and holders of well-known Solana Memecoins and NFT collections[7].

The minting of WooKong NFTs will officially begin on October 23 at 12:00 PM (UTC+0), with a total supply of 10,000 NFTs. Each minted WooKong NFT will come with an airdrop reward of 100,000 WooKong tokens. Additionally, holders can participate in the WooKong token mining event, where the earlier the participation, the more tokens can be mined, with a total supply of 500 million WooKong tokens available for mining. Minting 5 NFTs grants a “Golden Hoop,” which provides a 1.5x mining power boost for WooKong NFTs.

Participation Method for WooKong:

  1. Visit the airdrop official website.
  2. Connect your wallet and participate in the minting of WooKong NFTs.

Morph

Morph is a consumer chain project offering a Layer 2 solution, with a total funding of $20 million. The airdrop event is being conducted in four phases, and it is currently in its first season. Users can earn more $MORPH tokens by accumulating points, and the interaction costs are currently free[8].

Participation Method for Morph:

  1. Claim testnet tokens and use the Morph Holesky Bridge to transfer ETH from Holesky to Morph Holesky, complete wallet confirmation, and wait for progress.
  2. Use the Morph Holesky Bridge to withdraw tokens, switch networks, and complete the withdraw operation.
  3. Conduct multiple swap transactions on Bulbaswap.
  4. Perform WETH supply operations on Abra Finance.
  5. Visit the Morph NFT marketplace, connect your wallet, and purchase an NFT.

Reminder

The airdrop plans and participation methods may be subject to change at any time. It is recommended that users follow the official channels of the above-mentioned projects to obtain the latest information. Additionally, users should exercise caution, be mindful of potential risks, and conduct thorough research before participating.

Please note that Gate.io does not guarantee the distribution of subsequent airdrop rewards.



Reference:

  1. Dawn, https://chromewebstore.google.com/detail/dawn-validator-chrome-ext/fpdkjdnhkakefebpekbdhillbhonfjjp?authuser=0&hl=en
  2. Scroll, https://scroll.ghost.io/introducing-scrolls-first-airdrop-a-celebration-of-the-global-community/
  3. Rootdata, https://www.rootdata.com/Projects/detail/Echo%20Protocol?k=MTQ3MzY%3D
  4. EchoProtocol, https://x.com/EchoProtocol_/status/1848183099202376013
  5. X, https://x.com/TheoriqAI/status/1843641290992574973
  6. Quests Theoriq AI, https://quests.theoriq.ai/
  7. Wukong, https://ewukong.xyz/
  8. Morphl, https://docs.morphl2.io/docs/quick-start/morph-zoo/morph-points/



Gate Research
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Disclaimer
Investing in the cryptocurrency market involves high risk, and it is recommended that users conduct independent research and fully understand the nature of the assets and products they purchase before making any investment decisions. Gate.io is not responsible for any losses or damages caused by such investment decisions.

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