This time of year, what could be better than getting something for free? Getting a free non-fungible token (NFT), which is a type of cryptocurrency airdrop, would be a good choice.
There is a non-fungible token drop when a non-fungible token project goes public for the first time to the public. A drop is the exact date, time, and price at which the NFT was made.
Airdrops are when free tokens are “dropped” on different protocols or platforms, allowing people to get a lot of NFTs or stack their own cryptocurrencies without paying a penny.
Users usually show off the “airdropped” tokens they have in their wallets, because the airdrops were set up by the project’s developers to help them get more attention.
What Are Free NFT drops?
According to MakeUseOf.com, some blockchain projects use “free crypto or NFT drops” as a way to get people to sign up for their projects. Developers give away free coins or NFTs.
Before the official launch of their project, these developers usually give away free copies of their software. Free NFT drops has been widely used by cryptocurrency project startups to get people talking about their cryptocurrency or NFT project.
If enough people talk about these airdrops, the value of a cryptocurrency could go up a lot during its initial coin offering (ICO) or when it first appears on a cryptocurrency exchange.
Auroracoin is said to be the first airdropped token. Its first airdrop took place in March 2014, and it was free for residents of Iceland. People got 31.80 Auroracoins (AUR) as part of this airdrop, which was worth $12 at the time.
Several months after the airdrop, Auroracoin crashed and its developers gave up on the project. Twitter’s official account for the project hasn’t worked since December 2020, when it was shut down.
Users must have a cryptocurrency wallet in order to get free NFT drops or airdrops of other types of cryptocurrency. As a bonus, recipients also need to follow, like, and share the project’s social media channels and interact with the token’s community on messaging platforms like Telegram and Discord in order to qualify. They have a registration period during which people can sign up for a limited number of slots before a certain date.
Speculated and Actual NFT Drops
Users should keep an eye on these possible airdrops, says Bitcoinist.com. There have been rumors about upcoming nft drops projects.
For its FutureX committee, SynFutures, a decentralized derivatives exchange, says it will give away 2,000 NFTs worth $50 each. This committee is in charge of making sure the exchange moves in the right direction, following the rules of full community governance.
SynFutures lets people make their own assets by combining Ethereum-based assets, assets from other chains, and assets that aren’t on the Ethereum network. As a bonus, they can list and trade their assets on the world’s first crowdsourced futures exchange.
Reports say that Infinity, a decentralized NFT marketplace, will soon start giving away free coins. Five times as many NFTs will be given to the most active users of the largest NFT market, OpenSea. Infinity is thought of as a community-driven, decentralized alternative to OpenSea. People who have used OpenSea before October 4th, 11:59 PM UTC, will get 10% of the total supply of governance tokens ($NFT).
There will be more free NFT Drops on the horizon.
According to Cryptoticker, more airdrops from other NFT projects are going on, including the Dogs of Elon (DOE). This meme project goes against the grain and shows that communities have power and clout. It has made 10,000 one-of-a-kind NFTs with K-9 on them, as well as 30 one-of-a-kind Elons and 70 zombie Doge. It will be planning to get rid of 150 NFTs.
GoldMiner, a third-person shooter that is free to play, will also give out 335 NFTs. Decentralized finance, distributed ledger technology, gaming and collectibles are all a part of this project.
Finally, the Radio Caca project wants to send 330 NFTs by airdrop to promote its NFT game Metamon, which has a universal metaverse and will be playing with NFTs (USM). Metamon is a free-to-play Battle Royale game for PC that you can play with your friends.
I hope this article helps you find nft drops this week.