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Jakarta, Pintu News – With Bitcoin (BTC) and altcoins in the broader market on the decline, crypto airdrops provide an opportunity for investors to diversify portfolios while potentially avoiding large losses, amid liquidation of nearly $2 billion.
Airdrops aim to distribute free tokens, attract new followers, and expand the user base. Citing the BeInCrypto report, some of the following airdrops give crypto investors and enthusiasts the opportunity to get new tokens while joining an active crypto community.
Allora makes the list of the top four noteworthy crypto airdrops this week, with the blockchain service having a value of up to $33.75 million.
Read also: 3 Altcoins Brace for Token Unlocks in the Wake of Fed’s Rate Cut — Can Bulls Hold the Line?
Polychain Capital and Blockchain Capital led the first round of funding, supported by several other investors. Delphi Ventures and Stani Kulechov, founder and CEO of Aave Labs, also participated in this investment round.
Allora’s airdrop has a confirmed status. The project is currently running nodes, the second phase of the points program, as well as a testnet, all of which are still open. Participants can earn Allora Points through various on-chain and off-chain activities in the points program.
These activities include creating topics, presenting ML models, using Allora-based apps, and participating in community discussions and events.
Another crypto airdrop worth noting is Tea-Fi, a decentralized finance (DeFi) project that raised $35 million.
The project is backed by renowned investors such as Castrum Capital and is currently running an open airdrop campaign called TeaParty.
Tea-Fi has confirmed the airdrop, with an allocation of 6 million TEA tokens for this activity.
Airdrop farmers can participate by doing swaps, daily check-ins, staking assets, inviting friends, and collecting Sugar Cubes (points). Later, these points will be converted into project tokens.
Airdrop hunters can also look at Forte, a GameFi project that has raised over $910 million from major investors such as Andreessen Horowitz, Solana Ventures, and Polygon Studios.
Forte’s airdrop status is still at the potential stage, although the project has launched its second mission in Galxe. Users who complete these tasks can earn up to 25 points.
Read also: 3 Altcoins to Watch This Week
The first mission has been open since September 12, while the second started on September 17. Just like the previous mission series, participants can earn points by completing various tasks.
Peaq is also one of the crypto airdrops worth keeping an eye on. The project has raised up to $43.48 million. HashKey Capital and Spartan Group took part in the early stage funding, while GSR, DWF Labs, and MH Ventures participated in the later stages.
The project launched Get Real Airdrop Season 2 with a total reward of 210 million PEAQ tokens (approximately $19 million).
Participants can earn airdrops by using the app on Peaq to complete real-world missions. Other activities include completing quests to climb theleaderboard. The higher the user’s rank, the greater the chance of earning rewards.
For airdrop farmers, points can be collected through quests and later converted into project tokens.
In this second season, Peaq added more quests with spending mechanics, but users are not required to make daily swaps.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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