Editor’s Note
This article highlights upcoming airdrop opportunities, including Nillion and Babylon, and suggests readers act promptly if eligible. Always conduct your own research before participating in any crypto initiatives.
Nillion, Babylon… The upcoming airdrop projects might hide an undiscovered gem.
Nillion and Babylon have initiated their airdrop processes; eligible users should participate as soon as possible.
Caldera and Sign have announced partial airdrop information, but specific rules are still pending disclosure.
Projects like StakeStone and Initia, while not officially announced, show signs of potential airdrop opportunities, allowing for early positioning.
Since its founding in 2021, Nillion has benefited from its unique concept of a “blind computation” network. This network combines privacy-enhancing technologies like Multi-Party Computation (MPC), Fully Homomorphic Encryption (FHE), and Trusted Execution Environments (TEE) to ensure data remains encrypted throughout the entire computation process.
Nillion provides developers with a rich set of tools to build privacy-focused applications in areas like AI, DeFi, and data storage, promoting the development of decentralized privacy computing.
When designing the airdrop matrix, the Nillion team identified three main categories: Community Value, Developer and Open-Source Contributions, and Participation in the Validator Program.
Two types of participants will be excluded from the airdrop: extremely low-engagement Secret submitters and extremely low-engagement late-stage validators. Additionally, Sybil attacks and airdrop “farmers” will also be filtered out.
Babylon is a staking protocol. Its core component is a Cosmos IBC-compatible PoS public chain that enables locking Bitcoin on the Bitcoin mainnet to provide security for other PoS consumer chains, while earning staking rewards on the Babylon mainnet or PoS consumer chains.
During the registration period, users can create a BABY address and cryptographically link it to the Bitcoin wallet used for staking or other eligible activity accounts to receive the airdrop upon Babylon Genesis launch. Users who miss this registration round due to wallet compatibility issues may have a second chance to claim after the Genesis launch.
Groups eligible for this airdrop include: Phase 1 stakers, Pioneer Pass NFT holders, Phase 1 Finality Providers, and eligible GitHub contributors. Participation in Binance Earn activities, wallet campaigns, etc., may also qualify for additional airdrops.
Caldera focuses on building high-performance, customizable, and application-specific Layer 2 blockchains. These custom blockchains (Caldera Chains) offer high throughput, low latency, and customizable features to optimize the performance and user experience of decentralized applications, capable of processing hundreds of transactions per second with sub-second confirmation times. Caldera enables anyone to launch and run dedicated, high-performance Layer 2 “Rollup” blockchains.
Tokenomics, token utility, initial supply distribution, and other information have not yet been disclosed.
Sign Protocol is an omnichain attestation protocol that enables users to freely attest and verify any information on-chain. Sign provides a suite of tools, infrastructure, and standards to create a future where all claims and assertions across the web and the surrounding world are driven by verifiable attestations.
SBT (Soulbound Token): Non-transferable badges of honor. NFT: Tradable versions of SBTs. Holders of SBTs and NFTs will receive $SIGN airdrops.
The four categories are: Community Supporters, Die-hard Members, Outstanding Content Creators, and Core Builders.
Omnichain Rollup Network: Initia
Initia is an omnichain Rollup network built by fusing a novel L1 with an application-specific L2 infrastructure system. The Initia platform provides product-ready Rollups, enabling teams to build scalable sovereign systems while eliminating the UX complexity end-users face when interacting with the modular multi-chain universe.
From official updates, Initia appears to be nearing its Token Generation Event (TGE), with ecosystem development entering a new stage.
Omnichain Liquidity Infrastructure: StakeStone
StakeStone is an omnichain liquidity infrastructure. Unlike PoS staking pools and restaking pool protocols, this platform focuses more on building liquidity distribution for ETH, BTC, and stablecoins.
Recent social media activity from StakeStone hints at an impending airdrop snapshot.
Parallel EVM Layer2 Solution: Reddio
Reddio is a parallel Ethereum Layer 2 solution characterized by its use of parallel execution and GPU acceleration technology to enhance blockchain network throughput and computational efficiency. It also employs zero-knowledge proof technology to ensure security comparable to Ethereum.
Reddio announced the completion of its first snapshot on March 3rd and revealed its token name as RDO on March 8th.
In recent airdrops, tokens like Jito (+43% on day 2), Wen (+37% on day 3), Dymension (+75% on day 10), Manta (+72% on day 12), and Heroes of Mavia (+217% on day 13) were most profitable for recipients who sold shortly after the airdrop. However, these airdrops have only been trading for a few weeks, and it remains to be seen whether their prices will rise to new highs.