🥈 Making money with airdrops: why tier-2 platforms are important
Some of the popular protocols are almost ready to allocate tokens. Then there's the question:
❓ "What should new users do if the relevance of top projects is already lost to them?"
Let's look at some examples of recent events held by small players in the cryptocurrency market.
Tier-2 platforms
As a small project, Jito distributed tokens among only 10,000 users. This had a positive impact on the average amount of money received by each participant. For a $70 action it was possible to get $16,000.
For example, in February 2023, 124,631 people participated in an airdrop event from Blur. On average, each user received $2,250.
Less participants — less competition — more chances for success.
🔎 Let's draw a parallel with a trending site
Among Hyperliquid users, only about 8,000 are in the leaderboard. Basing on the Jito case, we can assume that a potential airdrop from Hyperliquid could mean a very generous reward for those who are in the list.
ℹ️ You can find tips and tricks for getting project points here.
Don't miss your chance: the importance of monitoring crypto project news
DeFi developers, in an increasingly competitive environment, often don’t stop at what they have achieved and try to improve their products or offer users new solutions.
For example, the developers of the well-known NFT project Blur later introduced their blockchain called Blast.
👉 Now we can see how the Ribbon protocol, which previously did a great airdrop event, is slowly evolving into Aevo
The documents confirm that the transition process guarantees rewards for early users.
🖥️ Monitoring news from various platforms helps to learn about potentially profitable projects in time.
So we have compiled an analytical table for you based on information from open sources and our personal findings:
ℹ️ You can use CryptoRank to follow the social media accounts of projects that interest you.
Analyze market trends with us and don't miss the opportunity to make money.