3 Heavily-Funded Crypto Startups Tease Airdrop: Everything You Need to Know

By admin On Sep 9, 2024

In the crypto sector, airdrops are a key marketing strategy and a chance for community members to secure some rewards. These events are particularly lucrative when supported by strong financial backing.

This article explores three airdrop opportunities that effectively require minimum costs for the participants.

Crypto Startups Mythical Games, Sonic Labs, and Arcium Tease Airdrop

First on the list is Mythical Games, which boasts a massive $297 million in funding from top-tier backers like Andreessen Horowitz (a16z), Binance Labs, and Animoca Brands. The project’s current campaign, Mythical Forest, started on September 4 and runs until October 13, 2024.

Mythical Games Financials. Source: Crunchbase

Participants undertake various tasks, ranging from SocialFi activities and quizzes to content creation, with new challenges appearing weekly. Completing these tasks earns players crystals, crucial for climbing the leaderboard. Although tasks might consume time, there are minimum financial costs associated with them.

Consequently, the top 3000 scorers will share 80% of the 2 million MYTH tokens prize pool. Additionally, 20% of the tokens are earmarked for weekly rewards and raffles, benefiting the most active participants.

Next on the list is Sonic Labs, which initiated its testnet on September 6. Although the project has released limited information about the airdrop, future play-to-earn testnet games are anticipated.

Backed by over $10 million from investors like the South Korean crypto fund Hashed and venture capitalist firm SoftBank, Sonic Labs encourages users to engage with its platform.

Activities such as connecting wallets to the Sonic website, adding the test network, and swapping testnet tokens may increase users’ chances of qualifying for the upcoming airdrop of 190.5 million S tokens.

Lastly, Arcium stands out with its $9 million funding from entities like Coinbase Ventures and Jump Crypto. The project’s six-week campaign, Arcium Citadel, initially focuses on educational initiatives. Participants start by exploring Arcium’s fundamentals through a text-based interactive journey, earning an Apprentice non-fungible token (NFT) upon completion.

“Apprentice NFT represents users’ work and their official role as an ‘Apprentice,’ which will be required to participate in each fortress quest afterward. In addition, the Apprentice NFT will enable priority access to exclusive community initiatives and opportunities in the future,” Arcium explained.

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