How to Get Free AVAX Tokens in 2023
Avalanche (AVAX) is one of the most promising blockchain platforms in 2023, offering fast, scalable, and interoperable solutions for decentralized applications. AVAX is the native token of Avalanche, used for paying fees, securing the network, and participating in governance. But did you know that you can also get free AVAX tokens by joining some of the upcoming airdrops in 2023? 🤑
In this article, we will explain what airdrops are, why they are important for crypto projects, and how you can qualify for some of the best upcoming airdrops on Avalanche in 2023. We will also share some tips on how to find more airdrops and avoid scams. Let's get started! 😎
What are Airdrops and Why Do They Matter?
Airdrops are a way of distributing free tokens or coins to a large number of wallets, usually as a marketing strategy or a reward for loyal users. Airdrops can help crypto projects gain attention, grow their community, and drive adoption of their products or services. 💯
Some airdrops are based on simple tasks, such as following a social media account, joining a Telegram group, or signing up for a newsletter. Others are based on more complex criteria, such as holding a certain amount of tokens, using a specific wallet or platform, or participating in a testnet or a governance vote. 🚀
Airdrops can be very lucrative for crypto users, as they can receive free tokens that may appreciate in value over time. Some of the most famous airdrops in crypto history include Uniswap (UNI), which gave away 400 UNI tokens (worth over $12,000 at its peak) to anyone who used its platform before September 2020, and Stellar (XLM), which distributed 500 million XLM tokens (worth over $125 million at the time) to Blockchain.com wallet users in 2018. 😍
How to Qualify for Upcoming Airdrops on Avalanche in 2023?
Avalanche is a popular platform for launching new tokens and projects, especially in the decentralized finance (DeFi) and non-fungible token (NFT) sectors. Many of these projects offer airdrops to their early supporters and users, giving them an opportunity to get free AVAX tokens or other tokens built on Avalanche. 🔥
Here are some of the most anticipated airdrops on Avalanche in 2023, based on web search results from CoinGecko ¹, BeInCrypto ², and Bitcoin.com ³. Note that these are not official announcements or guarantees of future airdrops, but rather speculations based on available information and rumors. Always do your own research before joining any airdrop and never share your private keys or personal information with anyone. 🙏
- Avalaunch: Avalaunch is a launchpad for tokens on Avalanche, aiming to provide fair and transparent access to new projects. Avalaunch has its own token, XAVA, which is used for governance and staking. In April 2023, Avalaunch announced that it would take a snapshot of all AVAX validators and delegators on May 10th 2023 and distribute XAVA tokens to them proportionally ³. The exact amount of XAVA per AVAX is not yet known, but it could be a significant reward for staking AVAX on Avalanche.
- Scroll: Scroll is a zero-knowledge Layer 2 solution for Ethereum that aims to scale transactions and protect user privacy. Scroll plans to launch its own token, SCRL, which will be used for paying fees and incentivizing validators. According to CoinGecko ¹, Scroll may conduct an airdrop of SCRL tokens to users who interact with its testnet or use its bridge to transfer assets from Ethereum to Avalanche.
- Quai: Quai is a decentralized platform for creating and managing investment funds powered by artificial intelligence. Quai has its own token, QUAI, which is used for governance and staking. According to BeInCrypto ², Quai may conduct an airdrop of QUAI tokens to users who stake AVAX or QUAI on its platform or use its fund creation and management features.
- Sui: Sui is a decentralized protocol for creating and trading synthetic assets on Avalanche. Sui has its own token, SUI, which is used for governance and liquidity mining. According to CoinGecko , Sui may conduct an airdrop of SUI tokens to users who provide liquidity to its pools or trade its synthetic assets.
- ZigZag: ZigZag is a decentralized exchange (DEX) for swapping tokens on Avalanche. ZigZag has its own token, ZIG, which is used for governance and fee sharing. According to BeInCrypto , ZigZag may conduct an airdrop of ZIG tokens to users who trade or provide liquidity on its platform.
- Shardeum: Shardeum is a decentralized protocol for creating and managing NFT shards on Avalanche. Shardeum has its own token, SHD, which is used for governance and staking. According to CoinGecko , Shardeum may conduct an airdrop of SHD tokens to users who mint or trade NFT shards on its platform.
How to Find More Airdrops and Avoid Scams?
These are just some of the potential airdrops on Avalanche in 2023, but there may be more in the future. To find more airdrops and stay updated on the latest news and announcements, you can follow these tips:
- Join the official Telegram groups and Twitter accounts of Avalanche and the projects you are interested in. They will usually announce any upcoming airdrops or snapshots there.
- Use reputable websites and platforms that track and list airdrops, such as Airdrop Alert , CoinMarketCap , or CoinGecko . They will provide you with the details and requirements of each airdrop and direct you to the official sources.
- Do your own research and verify the legitimacy of any airdrop before joining. Check the website, social media, and smart contract address of the project and make sure they are authentic. Beware of fake or phishing websites, accounts, or links that may try to steal your information or funds.
- Never share your private keys, seed phrases, passwords, or personal information with anyone. No legitimate airdrop will ask you for these details. Use a separate wallet for airdrops and do not store large amounts of funds in it.
- Be realistic and cautious about the value and potential of any airdrop. Not all airdrops will be successful or profitable. Some may be worthless or even harmful. Do not invest more than you can afford to lose or risk your security for an airdrop.
The Bottom Line
Airdrops are a great way to get free tokens and discover new projects in the crypto space. Avalanche is one of the most exciting platforms for launching new tokens and projects in 2023, especially in the DeFi and NFT sectors. Many of these projects may offer airdrops to their early supporters and users, giving them an opportunity to get free AVAX tokens or other tokens built on Avalanche. 🙌
In this article, we have explained what airdrops are, why they are important for crypto projects, and how you can qualify for some of the best upcoming airdrops on Avalanche in 2023. We have also shared some tips on how to find more airdrops and avoid scams. We hope you found this article helpful and informative. If you did, please share it with your friends and family who may also be interested in getting free AVAX tokens in 2023. 😊
Remember to always do your own research before joining any airdrop and never share your private keys or personal information with anyone. Stay safe and happy airdropping! 🚀