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- 1 Airdrops allow the non-fungible tokens to outperform their marketing drive.
- 2 Among a spate of projects, some handpicked airdrops are on the radar for crypto investors.
Airdrops have become a pivotal marketing tool in the promotion of crypto campaigns. They attract the masses and encourage them to use the new tokens. They also bring in new methods to advertise the project and take it to every user crypto user around the globe. Furthermore, this ubiquitous tactic works for every single crypto asset including.
The non-fungible token (NFT) projects have found major support with airdrops. Using this method, the new ventures aiming to market artistic produce reach large audiences with ease. It reaches various circles and appeals to a large number of digit asset holders. At the same time, it also projects to establish itself as a potential option by exhibiting all its highlights. Like every year, investors are eyeing some reliable options this year as well.
NFT Airdrops That Got Crypto Investors Interested
Based on experts’ analysis, these are some handpicked projects that are likely to yield big returns to investors:
1. Blur
Blue is an Ethereum-based NFT marketplace that gained a lot of attention from professional traders. In terms of market capitalization, it leads the niche with 60% trading volume. Moreover, it also offers unique features, high speed, and low fees. It offers aggregator platform analytics, floor depth charts, and many other features. Besides that, it acts as a lending protocol that facilitates the buying and selling of tokens. The users get voting right too.
2. LooksRare
LooksRare is a decentralized NFT marketplace underpinned by a rewards-based mechanism. It incentivizes the users for listing digital items and gives them fair chances of raising their incomes. Currently, the LooksRare marketplace is running its second round of airdrop. In its previous round, it garnered many positive reactions from investors. Notably, the projects had a lion’s share of NFTs on OpenSea. It has shown some great prospects to all NFT investors.
3. OP Names
Optimism Name Service or OP Names is a Web3 service that works on maintaining users’ identities. It has been developed to work with aggregated identities and unique names. It interacts with a host of networks like DAO, NFT, and Name Card. The developers are testing its Beta version right now. Soon after that, it would launch the airdrop and would dole out the tokens to interested buyers.
4. Pendle
Pendle is a DeFi protocol for yield trading. It offers two assets which are principal tokens and yield tokens. It can maximize the yield by enhancing the exposure during bullish times. Additionally, it can minimize the risks during the bearish period. By bringing two types of tokens together, the Pendle ecosystem is established. The token provides voting rights and liquidity while enabling the token holders to earn a share of the fee.
Conclusion
Airdrops have emerged as the best marketing solution for NFTs. The former gives the latter the ability to achieve big milestones. Not only it gives them larger audiences, but it also funnels the real admirers from the crowd. It gives them better results in the marketing drive and maintains the effect in every stage of crowdfunding. With airdrops, the success rate of an NFT project is substantiated and multiplied.
Adarsh Singh is a true connoisseur of Defi and Blockchain technologies, who left his job at a “Big 4” multinational finance firm to pursue crypto and NFT trading full-time. He has a strong background in finance, with MBA from a prestigious B-school. He delves deep into these innovative fields, unraveling their intricacies. Uncovering hidden gems, be it coins, tokens or NFTs, is his expertise. NFTs drive deep interest for him, and his creative analysis of NFTs opens up engaging narratives. He strives to bring decentralized digital assets accessible to the masses.
