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Airdrops aren't about waiting for a freebie; they're a skill you develop.

Do you have such an experience: seeing a project airdrop, then forgetting about it, only to regret when others post profits of hundreds of thousands?
This isn’t about luck — it’s about methodology.

Why some people earn hundreds of thousands a year from airdrops, while you get nothing

Data shows that users who participate in 10 major airdrops (Uniswap, Arbitrum, Aptos, etc.) on average earn over $100,000.
But most people don’t even make $1,000.
What’s the difference?

Key difference: Professional airdrop hunters treat it as a job — they build tracking systems, set participation standards, manage multiple accounts.
Most people rely on luck — hearing about an airdrop and just playing around, often while sleeping.

Airdrops are essentially a project’s “cold start” tool

Before 2014, it was the ICO era — projects sold tokens directly to investors.
The problem? Investors bought and then dumped, killing the project.

Later, projects got smarter — instead of selling to speculators, they gave tokens to real users.
Benefits include:

  • Targeted user acquisition: Using on-chain data, they can identify genuinely interested users (like frequent DEX users, DeFi enthusiasts), not just retail investors looking to flip.
  • Community building: Airdrop recipients automatically become token holders with governance rights.
  • Lower cold start costs: Much cheaper than advertising or IPOs.

That’s why top projects like Uniswap also use airdrops — it’s a strategic move, not just a marketing stunt.

Different types of airdrops, with varying profits

1. Free Drop (Giveaway) The simplest — just follow instructions (like social media follow).
But the riskiest — many scams use this to lure wallets, then steal funds after you authorize.

2. Hold Drop (Holder-based) Most secure.
For example, during ApeCoin’s airdrop, all BAYC/MAYC NFT holders got tokens automatically — no action needed.
Participants are high-quality users, and projects trust them.

3. Task-based (Reward Drop) Trader Joe’s Arbitrum tasks are typical — trade a certain number of times, provide liquidity, and earn rewards.
Rewards depend on participation level.
This is the most common form today.

4. Retroactive Drop (Backdated) — ⭐️ The most profitable Projects launch their product first, and users interact naturally without knowing about the airdrop.
Later, the project announces: “Everyone who interacted with us before now gets an airdrop!”

This is a goldmine. Because no one knew the criteria in advance, all participants are real users.
Examples:

  • Participating in Aptos testnet and minting NFTs earned 150 APT — worth about $2,850 at the time.
  • Uniswap’s retroactive airdrop: ordinary users received at least 400 UNI, worth $1,200 to $16,000 at peak.

How much can a beginner earn?

It depends on three factors: funds invested, time spent, number of accounts played

Low-budget plan ($10–$50):

  • Use a single account to test 5–8 projects’ testnets and tasks.
  • Average profit per project: ~$200.
  • Total: ~$1,000.
  • Risk: Low (most testnets are risk-free).

Standard plan ($50–$500):

  • Manage 3–5 accounts simultaneously.
  • Participate in airdrops requiring interaction (trading, liquidity).
  • Total: ~$3,000.
  • Risk: Medium (slippage, project failure).

Pro plan ($1,000+):

  • 10+ accounts, full participation throughout the cycle.
  • Focus on retroactive airdrop rumors.
  • Total: $50,000–$250,000+
  • Risk: High (project quality, managing multiple accounts, on-chain tracking).

But in reality: most beginners haven’t even reached the first level — because they lack a systematic approach.

How to go from amateur to pro

Step 1: Build a tracking system
Use Excel or similar tools to record:

  • Project name
  • Participation activities (testnets/tasks/interactions)
  • Deadlines
  • Expected airdrop dates
  • Account status

This isn’t trivial — it’s crucial. Without tracking, you’re like a hunter without a map — bound to get lost.

Step 2: Diversify information sources

  • CoinMarketCap Airdrops section: Official, safe, but lagging — mostly big, known projects.
  • AlphaDrops: Emerging platform aggregating smaller project airdrops — no detailed tutorials, so you need to explore.
  • Telegram channels: Fastest info source — experienced users share latest news and tips. Beware of misinformation.

Core principle: Verify first. Always confirm airdrops come from official channels. Phishing sites are everywhere.

Step 3: Learn to identify risks
Three main traps to avoid:

  1. Phishing links — fake websites, fake Twitter accounts, scam emails.
    Defense: Always verify via official Discord or website links.

  2. Rug pulls — projects that run away with funds.
    Defense: Only participate in established projects with a history of interactions.

  3. Smart contract vulnerabilities — testnets and early projects often have bugs.
    Defense: Don’t risk large sums on unverified, unaudited projects.

Tools:

  • Revoke.cash — quickly revoke approvals
  • Bubblemaps — track account linkages, spot bots
  • PeckShield Alert — pre-warn about known hacks

Step 4: Build multiple accounts
Logic: one account gets X tokens from an airdrop; 10 accounts get 10X.
During Arbitrum airdrop, a single account could get 600–800 ARB — worth over $100,000 at peak.
But be careful:

  • Accounts should look “natural” — avoid obvious bot behavior.
  • Different interaction histories for each.
  • VPNs or mixers might be flagged as suspicious.

Strategies for different airdrop types

Testnets:

  • Safest, zero risk.
  • Find project testnet links, set up wallets, interact (trade, mint NFTs, provide liquidity), wait for official results.

Task platforms:

  • Use Galxe, Crew3, etc.
  • Complete tasks (invite friends, retweet, on-chain actions).
  • Earn points or NFTs, which may later convert to tokens.
  • Transparent and beginner-friendly.

Product interactions:

  • Use the product for real — trade on DEX, lend, buy/sell NFTs.
  • Risks: losing money on trades, project failure.
  • But if you already use the platform, participating is essentially “free money.”

VVIP beta access:

  • Some projects invite influencers or community members early.
  • If you have followers on Twitter or Telegram, reach out to project community managers.

An often-overlooked fact

Most of the biggest airdrop profits come from projects users “accidentally” interacted with.
Why? Because they genuinely used the product, not just interacted for the sake of an airdrop.
When the project announces a retroactive airdrop, these real users get the biggest rewards.

Conversely: chasing airdrops without genuine use often leads to little or no profit.
The best approach:

  • Find promising projects, genuinely use them.
  • Airdrops are just an extra bonus.

Final summary

Airdrops are an effective way to make money in a bear market — ROI can easily surpass short-term trading.
But it’s not “free money” — it requires systematization, discipline, and patience.

Beginners can start from zero — participate in testnets, accumulate experience and reputation.
If you treat it as a job — tracking projects, participating in multiple testnets, managing accounts — earning thousands of dollars per month is possible.

But if you just jump in randomly, hoping for quick gains, you’re likely to get nothing or fall into scams.

Final advice: Instead of spending all day chasing Twitter for airdrops, focus on learning and using new products.
Real users are often the biggest winners.

UNI38.59%
ARB2.87%
APT2.47%
APE4.03%
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This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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