As attention shifts from Bitcoin (BTC) to altcoins, numerous cryptocurrency airdrops offer investors the opportunity to diversify their portfolios by providing low-cost entry into high-potential projects.
The following projects, backed by significant investment power, offer airdrop opportunities for interested farmers.
Nexus
The Nexus blockchain is one of the most prominent cryptocurrency auctions worth watching. Although it is still in its (unconfirmed) early stages, the project has significant support from prominent investors, including Pantera Capital and Dragonfly Capital, who co-led the Series A fundraising campaign.
After a four-tiered fundraising campaign, Nexus raised $27.2 million and launched a Community Points incentive program.
To participate, users can create various project components and earn points. Point distribution will begin on Tuesday, July 22. Ambassadors and users who occupy DLL roles will receive additional points. The Nexus Airdrop is connected to the Nexus Labs layer-one blockchain, powered by zkVM, rewarding early participants with NEX points.
Points will be convertible into tokens when the mainnet launches in Q3 2025. To participate, users can join the Devnet phase and contribute computing power through a browser-based node or dedicated hardware to earn more points.
Additional rewards come from social tasks, creating content, or winning roles on Discord.
Published
Another noteworthy crypto airdrop is Common, a social network platform that boasts of raising up to $20 million. Notable investors include DragonFly Capital, which led the premium fundraising effort. Other participants include Coinbase Ventures and Polychain Capital.
During the second phase, venture capital firm Paravai Capital led the fundraising efforts, along with other participants such as Hashed Fund and CMS Holdings. Common launched the AuraPoints platform in April, with the social networking feature still available.
This allows participants to complete tasks and qualify for a potential airdrop from the project. While some features expire on a specific day, the project adds new features periodically.
On July 17, Common updated the project, adding new missions for airdrop farmers to participate in and earn points.
try to do your best
The social platform "Try Your Best," which has raised $20.8 million in funding, is backed by Coinbase Ventures, along with other participating firms such as Strobe Ventures and Offline Ventures.
TY Haney founder TRY YourBest recently announced the social media platform TRY YourBest as the future of community trading. TRY YourBest connects brands with their communities and is powered by the Avalanche blockchain technology.
On their website, airdrop farmers can complete tasks and earn TYB coins, which can be converted into project tokens in the future.