Traders and investors are preparing for an important week, as many events are scheduled in the crypto industry. Accordingly, increased volatility is expected, but crypto airdrops provide an opportunity worth considering.
Crypto airdrops provide investors with the chance to join promising projects at early stages with minimal or no initial investment. Upcoming airdrop opportunities may be worth watching in the first week of May.
Miden
Having raised up to $25 million in funding, Miden represents the first crypto airdrop worth considering this week. The project is backed by well-known investors such as Andreessen Horowitz (a16z), 1kx, Hack VC, and Symbolic Capital.
"Today we announce our $25 million investment in a seed funding round and separation from Polygon," Miden recently announced.
Miden is a ZK-rollup L2 blockchain built on Ethereum and separated from Polygon Labs. It provides private, scalable smart contracts. The project plans to distribute 10% of its native tokens among Polygon (POL) stakers.
This initiative aims to reward the Polygon ecosystem and stimulate participation in the Miden network, which operates on zero-knowledge proofs. Moving execution to client devices enhances privacy and scalability.
"...Miden can potentially support an infinite number of TPS while maintaining client-side proof. It also supports optional privacy," wrote Polygon's head Sandeep Nailwal.
The airdrop aligns with the integration of Miden into AggLayer Polygon, enhancing cross-chain liquidity. Snapshots to determine eligibility began shortly after the announcement on April 29, with the mainnet launch scheduled for Q4 2025.
Meanwhile, Miden is already planning its testnet, and airdrop farmers can take initial steps to have a chance to become early users.
Camp Network
Another crypto airdrop worth noting is Camp Network, which raised up to $29 million. The project is supported by investors like Blockchain Capital, OKX Ventures, HTX Ventures, 1kx, and Maven 11 Capital, among others.
Camp Network is a layer-1 blockchain focused on managing intellectual property (IP) and integrating AI agents. The project launched a stimulated testnet, allowing airdrop farmers to participate by completing simple social tasks to earn points.
"Stimulated testnet update: interact with our large network of ecosystem partners to climb the leaderboard and win juicy rewards," shared Camp Network.
It is important to note that if the token is launched, these points will be converted into project tokens in the future. Points, known as 'Acorns', require users to complete tasks such as daily check-ins, social media interactions, and ecosystem engagement through the test network.
Mezo
Mezo is the third crypto airdrop to watch in the first week of May. It raised up to $28.5 million. Investors include Pantera Capital, Multicoin Capital, Ledger, Mantle Network, GSR, Hack VC, and Bybit Exchange.
This is a layer-2 network for Bitcoin, focused on increasing the utility of Bitcoin through lending, spending, and earning without selling BTC. It launched a campaign on Galxe, where airdrop farmers can complete quests to earn points.
"Complete quests and earn materials! We have teamed up with Galxe so you can earn materials and more – together with our partners ZeroLend, Velar, Blend, and Pamp Land," announced Mezo Network.
After completing all quests, participants can also receive the Galxe Questooor role, with most quests being free. However, some airdrop farmers will need to borrow MUSD.
It is important to note that after the Galxe tasks open on April 24, the Mezo airdrop will remain open until May 27, 2025. Meanwhile, users can also stake to earn points, with the feature remaining open indefinitely.