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October 2 opens up attractive opportunities for retail investors to explore promising Cryptocurrency projects, despite market uncertainty. Many notable airdrops will take place before the end of the year, offering opportunities to participate in innovative projects.
After conducting in-depth research, here is a list of the top 10 Cryptocurrency airdrops this month, including the projects behind them and the information needed to participate.
Portal to Bitcoin: Shaping BTC’s DeFi Era
Portal aims to revolutionize Bitcoin’s role in DeFi by providing cross-chain custodial infrastructure. Backed by $42.05 million from Coinbase Ventures and OKX Ventures, the project’s public testnet is live. Participants can earn LiteNode credits through exchanges and tasks, building momentum for rewards. LiteNodes will validate the transaction and claim 5% of the emissions.
According to a famous user on X, Miggy, the Portal airdrop could explode similar to what happened with Magic Eden (ME) and Movement (MOVE).
“Let me show you something that could be as explosive as the ME and MOVE airdrops. If you’ve missed them, don’t let this one pass you by. Portal is about to redefine Bitcoin’s DeFi. A big turning point has been the public testnet,” Miggy announced.
Portal aims to simplify cross-chain P2P transactions, allowing developers to build scalable applications without worrying about the security of bridges and encapsulated assets.
Yellow Network: Priority Access Pending
Yellow Network is a decentralized payment network for digital assets, aiming to solve the inefficiencies of traditional Cryptocurrency trading systems. With $10 million in funding from Ripple co-founder Chris Larsen, Yellow Network introduces a decentralized payment system.
Its airdrop has been confirmed, with participation including completing designated tasks to be eligible for airdrops and potential rewards. Follow the step-by-step instructions and follow task and status updates to become one of Yellow’s Whitelists.
Yellow recently announced a new product, allowing participants to get first access by filling out a Waitlist form. According to countdown timeronly eight days left. The announcement said this was “an opportunity to get ahead,” so filling out the form would give participants an advantage over other users.
“Get ready to participate in something revolutionary. Join the Yellow Network Waitlist now and take your place on the frontline of DeFi. Why should you register? – Get access to groundbreaking developments. – Join a community that is shaping the future of finance. – Leading the way in the ever-evolving blockchain landscape,” Yellow speak.
Airdrop, tied to task-based Waitlist, provides early access to groundbreaking developments. Gaudenzio.eth community manager suggest added updates, urging users to act quickly as there are only eight days left to participate.
Open Layer: Results from Data Contribution
OpenLayer combines AI and blockchain to create a privacy-focused data layer. Participants earn points by completing tasks such as minting NFTs and sharing invitation codes. The project, with $5 million in funding from a16z CSX and others, is run a Holiday Fest campaign with exclusive rewards.
Meanwhile, the status of the airdrop has been confirmed, with task types ranging from minting NFTs and completing other tasks such as inviting friends and tracking your progress on leaderboards to earn points.
“You can earn points in three simple ways: Tap eggs every day to collect points. You can feed it up to 4 times/day. Connect your Coinbase and Twitter accounts to complete registration and earn extra points. Every day, the extension provides new invite codes. Share these codes with friends or in our Discord server to earn more points and boost your progress. It’s a win-win situation for everyone,” Open Layer speak.
Open Layer is an AI-driven data layer where users can contribute and validate data through a Chrome extension, earning points in exchange. Developers, with user permission, can access this data to train AI, target users, and improve features, ensuring privacy is maintained.
SwayLend: Earn SwayPoints While Active
A decentralized lending platform on the Fuel Network, SwayLend rewards users with SwayPoints for providing liquidity or lending assets. These points unlock many benefits, including Fuel Points, which increase engagement and reward users.
This project recently launched the SwayPoints system, designed to reward participation. The SwayPoints program incentivizes users with their activities on SwayLend, rewarding them based on participation. These points reflect the value of their contributions and give them access to additional benefits such as Fuel Points. Participants earn points by providing, lending or borrowing assets.
“Points are allocated in each 24-hour period. You can earn points from multiple activities at once,” SwayLend speak.
Meteora: Optimizing Solana Profits
Meteora introduces dynamic yield infrastructure to optimize benefits across lending platforms. Confirmed airdrop rewards liquidity providers with M3M3 Tokens. This project seeks to restore trust in Solana’s DeFi ecosystem.
Airdrop for MET Token has been confirmed, with Meteora rewarding liquidity providers through its dynamic yield optimization. Built on Solana, it dynamically reallocates capital to maximize returns, providing unique value to DeFi users.
“Meteora’s vision for MET is to become a community token to restore trust in Solana’s DeFi. MET will be the main economic driver for Meteora’s dynamic profit layer. Powered by the Meteora platform, the Token will grow and increase in value as the platform grows to become the capital allocation layer for Solana,” the network speak.
Its comprehensive system, including vaults and yield optimization, supports Solana’s vision of restoring DeFi. Meteora is creating a community-run Token to instill trust in DeFi.
Pond: Chain Search Reward
Pond, which has raised $7.5 million with Coinbase Ventures as an investor, is developing a blockchain-based search engine. Users can earn points by completing tasks, and the leaderboard, which currently has only 9K participants, is an attractive opportunity for early adopters.
The airdrop has been confirmed, with miners required to complete the task to be eligible for the airdrop and potential rewards. Pond has a tab on the website with tasks where participants can receive points.
Fiamma: Revolutionizing Bitcoin with ZKP
Fiamma is a dedicated Zero-Knowledge Proof (ZKP) verification network to secure and integrate blockchain ecosystems. It leverages the economic power of Bitcoin through Babylon and BitVM2, enabling decentralized ZK-proof capabilities on both Bitcoin and Ethereum. This network aims to enhance the security, efficiency and scalability of blockchain, providing a powerful solution for global blockchain integration.
With 4 million USD raised recently, they have prepared their first activity, testnet, to celebrate this mobilization. The testnet began on October 7, allowing participants to contribute to blockchain innovation and secure a potential airdrop.
“Fiamma is pleased to announce our $4 million investment round, led by Faction and L2 Iterative Ventures, to transform Bitcoin into a dynamic asset in a trust-minimizing way and build a financial system and decentralized internet on Bitcoin,” project share.
Only Layer: Prepare for Airdrop 2025
The Only Layer blockchain platform leverages optimistic aggregation and zero-knowledge transfer capabilities to execute efficient dApp transactions. The project has also confirmed the airdrop and is preparing for its first operation, testnet. Completing a few actions on the testnet will qualify participants for a potential airdrop that will take place in Q1 2025.
“While the V1 testnet is ongoing, the Only Layer ecosystem is making significant progress in preparing for the V2 network and mainnet launch,” Only Layer said in a Medium article.
Perennial: Arbitrum Trading Rewards
As a native DeFi derivatives platform, Perennial provides capital-efficient trading solutions. Perennial has raised $12.6 million in a fundraising co-led by Polychain Capital and Variant. Coinbase and Archetype Ventures also participated. Arbitrum Foundation also participated, contributing 600K USD.
The status of the airdrop has been confirmed. Perennial has been running the Petals program since October 3, 2020. Meanwhile, Perennial launched the Petals Program, where we can earn petals (points) for trading on the platform. The Petals program, launched on October 3, rewards users for trading on Arbitrum. Early adoption can yield significant profits.
“Introducing Perennial Intents & Petals Program – A Step Forward in Addressing DeFi Liquidity Fragmentation. Bringing deeper markets, optimal pricing and seamless execution to perpetuals. Intent-powered perps are available on Arbitrum,” Perennial announced.
GAIB: Tokenizing GPUs for the AI Era
GAIB turns enterprise-grade GPUs into a commodity asset class backed by real AI cashflow. It financializes and Tokenizes them, creating an interactive economy around them. By doing so, GAIB addresses the growing demand for high-performance computing resources in the AI space by transforming the way high-end GPUs are financed, traded and used.
The project’s airdrop includes Discord roles and campaign activities, and has received $5 million in funding from Hashed Fund and Animoca Brands.
“Happy to announce that GAIB has raised a $5 million pre-seed round, led by Hack VC, Faction and Hashed and 30+ amazing backers, to build the first economic layer for AI compute, ” GAIM share on X (Twitter).
With these diverse Cryptocurrency airdrops, Cryptocurrency enthusiasts have the opportunity to participate in innovative projects shaping the future of blockchain technology. From Bitcoin’s growing DeFi market to AI-powered initiatives, October 2 promises to be a month full of rewards for proactive participants.
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