As the cryptocurrency market shows signs of recovery, with Bitcoin approaching the $65,000 mark, numerous startups are unveiling attractive airdrops. These offerings present opportunities for crypto enthusiasts to interact with emerging platforms without any upfront financial commitment.
This week, we spotlight airdrop participation opportunities from three projects that have garnered backing from notable investors.
Hemi Network Announces Testnet
Hemi Network has made headlines following its $15 million funding round, led by esteemed investors like Binance Labs and Breyer Capital. Currently in the testnet phase, the platform is gearing up for its mainnet launch later this year.
“Fueled by Bitcoin and Ethereum, Hemi is developing a new class of blockchain applications that are both useful and robust,” Hemi Network remarked.
Read more: What are Crypto Airdrops?
The platform is offering a diverse airdrop to enhance user interaction. Participants initiate the process by connecting their digital wallets to Hemi’s official website and verifying their identities through X (Twitter).
Next, they receive test tokens on the Ethereum Sepolia testnet, which can be transferred to the Hemi network. Participants can earn rewards by swapping tokens, creating a Hemi Safe wallet, and conducting transactions. Moreover, they can secure additional bonuses through social media engagement on Galxe, fostering greater community participation.
Yellow: First Season of Airdrop Campaign
Yellow, a blockchain service platform, has launched the initial season of its airdrop campaign, allowing users to earn points through various activities. Following a successful $10 million funding round spearheaded by Ripple co-founder Chris Larsen, Yellow’s campaign encourages both passive and active participation.
After linking their crypto wallets to Yellow’s platform, users can start earning points by checking in daily and completing social tasks such as inviting friends. For those willing to invest, additional points are available by locking funds in the Linea network.
Currently, Yellow’s total value locked is at $65,301, reflecting the project’s nascent stage. However, due to the lack of established track records, such early-stage projects carry significant risks.
Integrating AI with Crypto
PIN AI positions itself as a project at the crossroads of artificial intelligence and cryptocurrency. Having raised $10 million from investors including Andreessen Horowitz, the platform is expected to announce an airdrop that utilizes both technology and community involvement.
To participate in the anticipated airdrop, users can gain early access by completing a form on PIN AI’s website. Additionally, they can accumulate points through interactions with the platform’s social media.
Read more: Best Upcoming Airdrops in 2024
These interactions may include Galxe quests like following PIN AI on social media and liking and retweeting posts on X. PIN AI aims to democratize AI technology by offering a privacy-focused, on-device AI assistant.
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