Against the backdrop of a general decline in the digital asset market, Bitcoin (BTC) has fallen to $115,000. Altcoins are following BTC, and crypto airdrops may become an excellent way to diversify investments.
Crypto airdrops allow investors to enter promising projects and ecosystems with minimal or even zero investments. Traders interested in airdrops may want to pay attention to the following projects.
Wormhole
Earlier, on August 14, Wormhole launched the Portal Earn program. It offers airdrop farmers access to a multi-chain ecosystem. The program will reward participants with experience points (XP) for exploring the project.
"Portal Earn is a new way to dive into the multi-chain world. A loyalty program designed to reward every step you take in crypto. Earn XP by exploring new networks and transferring your favorite assets, unlocking powerful bonuses and increasing your status in the Portal as you progress on the leaderboard," the Wormhole team shared.
The project has strong financial backing: it has already raised about $225 million; the total valuation of the project has risen to $2.5 billion. Among the investors are well-known companies such as Coinbase Ventures, Multicoin Capital, Jump Trading, and Arrington Capital.
Sentient
The blockchain service Sentient raised $85 million from investors such as Pantera Capital, HashKey Capital, Delphi Ventures, and Hack VC.
Sentient announced quests on Galxe in a recent post on Discord. Now users can earn by completing tasks on social media and participating in AMA sessions. In return, airdrop farmers receive on-chain loyalty points, which are counted towards progression across all AGI roles.
"We also plan to use these loyalty points to reward our long-term participants," the post on Discord says.
Morph
The Morph network announced the creation of a hub for interacting with the ecosystem, where users can complete simple tasks and earn points to receive rewards.
"Introducing Morph Hub! A new way to explore, earn, and progress in the Morph ecosystem. Complete quests, invite friends, climb the hub's leaderboard, and earn tokens as rewards," the Morph team shared in a message on X.
Airdrop farmers earn points by completing on-chain and social quests, as well as receiving referral points for inviting friends to Morph.
The project received $25 million from investors such as DragonFly Capital, Pantera Capital, and Spartan Group. It is also reported that the MEXC exchange participated in the second funding round.
Doodles
Doodles players may be eligible for potential rewards.
"The portal is now open. Follow Kyle, who is escaping from target="_blank" rel="noreferrer noopener nofollow">Doodles wrote in a post.
Participants earn in-game currency by completing tasks, which can be used to open chests and skins.
Meanwhile, Doodles has already raised $54.5 million from several investors, including venture firm Seven Seven Six, 10T Fund, and Acrew Capital for the third funding round.
