Cryptocurrency news

The volume of funds distributed through airdrops exceeded $4 billion

Forklog / 13.06.2024 / 07:47
The volume of funds distributed through airdrops exceeded $4 billion

Since the beginning of the year, participants in the crypto industry have received ~ $4 billion in various tokens as part of airdrops. A similar assessment was given in The Block.

The top three largest are Jupiter, StarkNet and Notcoin. Each of the projects distributed about $1 billion based on the number of tokens issued and average quotes in the following months.

Behind them are airdrops from Wormhole, Ether.fi, Friend.Tech and Wen.

According to the CoinGecko report, Uniswap, Apecoin and dYdX retain the status of the largest giveaways. Until December 2023, the teams allocated tokens for the most active participants worth $26.6 billion. The figure is based on peak prices, which may be far from the actual cost that can be realized.

The Block used the CoinGecko methodology, including airdrops in 2024. Experts have received a value of $34 billion.

Analysts recalled the upcoming distributions of ZKSync, Zeta Markets and LayerZero.

https://forklog.com/news/eksperty-otmetili-perspektivnye-airdropy-2024-goda

The distribution of tokens of the ZKSync L2 network faced criticism from the community, since only 13% of the 6 million unique wallets were allowed to access it, many of which turned out to be "sybils".

Earlier, Brian Pellegrino, CEO of LayerZero Labs, announced the suspension of receiving reports on "farm" addresses to participate in the airdrop of the LayerZero protocol due to the influx of messages. 

Prior to that, the owners of more than 100,000 "sybil" addresses voluntarily declared themselves as part of the initiative announced by the team.

Recall that in the near future, the distribution of tokens of the Taiko L2 project is expected, which will take place in parallel with the launch of the main network.

https://forklog.com/cryptorium/kak-zarabotat-na-retrodropah
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