Avail Confirms Token Airdrop Plans, a Week After Leaked Screenshots
Avail shared in a blog post that 354,605 wallet addresses are eligible to claim the 600 million tokens in their “unification drop.”
Airdrops
Avail, Blockchain Data Availability Project, Sketches Out Eligibility for Token Airdrop
A screenshot of a document describing the eligibility criteria for the airdrop was posted on the social-media platform X by the user @Bitcoineo, and Avail’s public-relations team flagged the to tweet to CoinDesk, describing it as a “leak.”
The Protocol: Using the Money Printer
If you have the money printer – as is the case for many of the blockchain projects with the power to create their own digital tokens – why wouldn’t you use it? PLUS: Vitalik Buterin riffs on meme coin and Ethereum’s new “blob market.”
Ethena, a $1.3B Yield-Earning Protocol, to Debut Governance Token Next Week
The DeFi protocol, which generates yield from ether derivative funding rates, is set to airdrop 750 million ENA tokens, 5% of the total supply, on April 2.
The Good, the Bad and the Ugly of Airdrop ‘Points’
Clint Eastwood as Blondie in “The Good, The Bad, and The Ugly.” (Wikimedia Commons)
Bitcoin Layer-2 Project BVM Gains Traction With Promise of ‘Juicy’ Airdrops
The platform lets users start their own networks on Bitcoin and is offering developers millions of dollars as grant rewards.
Solana DeFi’s KMNO Airdrop Sparked Outrage. Kamino Responded With Changes
Kamino is trying to quell days of angst after it revealed key details for April’s KMNO airdrop.
Seeking Yield on $37M Ether Treasury, JPEG’d DAO Mulls Airdrop Farming
“There are possibilities to solidify the treasury at low risk,” pseudonymous JPEG’d contributor 0xTutti told CoinDesk.
BNB Price Climbs to Highest Since FTX Crash Amid Airdrop Frenzy, Easing Binance Worries
BNB holders transferred over $400 million worth of BNB tokens in 24 hours to benefit from cross-chain gaming project Portal’s upcoming airdrop, Arkham Intelligence noted.
Are Airdrops Effective Marketing?
Everyone likes getting something for nothing, but distributing tokens is only worthwhile if it also attracts longterm builders and users rather than just momentary buzz.