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Free Money in Crypto

Posted on by careyourpresent

People always like free things. Free samples, buy 1 get 1 buy, free tasting, buy this and get that free etc….These are the common things that we all have heard and rush to get it.
How about free things in Crypto? Do you like it? Of course! However, how to get free things? Are there really free things in Crypto? Yes! Do read on.

In Crypto, there is something very special call “airdrops” which can give free money (tokens) to people who did some tasks. Basically, this is a marketing strategy by the new teams what create a new token that involves sending coins or tokens to crypto wallet addresses. Small amounts of the new tokens are sent to the wallets of active members of the blockchain community for free or in return for a small service, such as retweeting a post sent by the company issuing the currency. The ultimate goal of a crypto airdrop is to promote awareness and circulation of a new token or coin. (https://www.investopedia.com/terms/a/airdrop-cryptocurrency.asp)

How do I get the airdrops?

If one does your research to find out the new things in Crypto (or some longer protocols/DeFi sites with no tokens), you may discover that some the key team members hinted for an airdrop or confirm an airdrop. For those confirm an airdrop, they would tell you what are the tasks that you need to do in order to qualify for it. Sometimes, the snapshots are already taken before the announcement, and you won’t be eligible for it. There are few sites who share about the current/upcoming airdrops etc. You can refer to the last few rows of my page below.

Useful Crypto Sites

Most of the time, even for free things, we need to do our homework. Look for those protocols with big VCs, big fundings that have been there for quite some time and with many users. Go to their discords, their sites, research/interact with the founding teams to get some hints if they will give an airdrop. Once you have found out, do your work. Most of the time, the airdrops are generally very little with not many values. But there are cases where the airdrops really give lots of money, can be xxxx or even xxxxx. Of course, you need to do your research. There are people who planned way in advance, creating many wallets, like 20 wallets etc, do various things in anticipation of the airdrops. There are lots of works and time involved.

Recent potential airdrops

Let me share some of the recent potential big airdrops.

(1) Metamask

The team Consensys hinted an airdrop. But how to qualify for it? Currently, there are no official announcements on the tasks need to qualify for it, but we can guess/speculate it. If you wait for official announcement, it may be too late as snapshots may have already been taken. Generally, to qualify for airdrops, it involved more interaction with the protocol itself. For Metamask, given the fundings and the scale of Metamask, doing the tasks below may lead you to high profit airdrops.

Token Swap using Metamask

Steps:
Go to main menu in Metamask
Click on the blue Swap icon
Trade some $ETH for any token
Do more token swaps for all the chains the Metamask supports, sometimes volume/size of trade matters.

Use Metamask Bridge to bridge tokens

Steps:
Go to https://portfolio.metamask.io/bridge
Connect your wallet
Select Ethereum as 1st network
Choose second network – Bridge
You can bridge to Polygon, BNB Smart Chain, Avalanche currently and vice versa
Do more bridges between for all the chains the Metamask supports, sometimes volume/size of trade matters.

Create a Gnosis Safe Wallet

ConsenSys and Gnosis Safe announced a partnership, hence airdops may rewards may come to users.

Steps:
Go to https://app.safe.global/welcome
Connect your wallet
Create a Multisig Safe wallet

(2) Arbitrium

Bridge tokens to Arbitrium using the OFFICAL bridge (remember to keep some ETH as gas fee)

Steps:
Go to https://bridge.arbitrum.io/
Bridge to and from Abritrium One (don’t forget Arbitrium Nova)
Do more bridges transfers, sometimes volume/size of trade matters.

Interact with as many dapps as possible in Arbitrium

Steps:
Go to https://portal.arbitrum.one/, you can find all the dapps here. Go swap tokens, participate in LP, trade etc…

Participate in Guild Tasks

Steps:
Go to https://guild.xyz/arbitrum to participate in the tasks, you can manually go participate in the tasks or use the smart contracts created by https://twitter.com/fullsendbripto/status/1589271671198085120

Do note that the above are speculation on how to get the airdrops based on past experiences on criterias to get the airdrops. Since most of these are free or cost very little but with potential great rewards, why not try?

Good articles that you should read!

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CAREYOURPRESENT

Money just buy you the chance of freedom.

When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed while busying striking out in career. Of course, if you love your career, and consciously know that you are missing out the first time your child walk or talk, that’s ok, but if you are the other spectrum, please do something about it.

Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?

We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.

We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.

I have picked out some of the more life reflecting articles of the CAREYOURPRESENT series. Do read them:

You can read more about my articles on Careyourpresent via the Category “Careyourpresent” or simply click “Careyourpresent” via the main menu bar.

REMEMBER:

Love your life daily.

You have one less day with your spouse, parents, children and yourself.

Time is ticking away.

For each passing day,

Enjoy and Treasure your Life!

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