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Top 3 noteworthy airdrop projects in the last week of July
As July is about to close and the market enters the early days of August, many airdrop projects are opening up attractive opportunities for investors, especially those who want to participate with a low initial capital or almost none.
Although some airdrop events yield significant profits, investors still need to be cautious to avoid becoming targets of scam projects disguised as "free giveaways." Below are three prominent airdrop projects for the cryptocurrency community in the last days of July.
Tabi
Tabi is one of the prominent airdrop projects in the last week of July. This is a decentralized network serving the consumer finance sector, backed by major names such as Animoca Brands and YZi Labs (formerly known as Binance Labs).
In early July, Tabi launched a new program called the SBT Recognition Program, creating opportunities for farmers to create content related to the project and receive SBT* as a reward.
Financially, Tabi is currently backed by several major investors such as HashKey Capital, YZi Labs, and GBV Capital, with a total raised capital of up to 27.08 million USD. Notably, Tabi's SBTs are a form of non-transferable honorary badges, aimed at recognizing contributions and verifying users.
"Owning Tabi SBT will be the key for you to participate in our reward system, including the upcoming TABI airdrop specifically for all SBT holders," according to the official announcement of the project.
Gaia
The next project to watch is Gaia, a blockchain infrastructure platform backed by big names like ConsenSys, Mirana Ventures, and Amber Group, as well as Mantle Network and BitGo.
The airdrop event of Gaia has been confirmed and the project has successfully raised approximately 20 million USD. Gaia is launching a "point farming" program – in which users can accumulate points through activities such as completing social media tasks, purchasing domain (domain), or setting up nodes.
All points earned will be converted into tokens of the project in the future and the rewards will be proportional to the accumulated points.
D3
The last name on the list is D3 – a blockchain service project backed by renowned investment funds such as Paradigm, Coinbase Ventures, and Shima Capital, along with participation from angel investors like Sandeep Nailwal.
D3 has raised up to 30 million USD, mostly in the first funding round. Users can mint* domains on 4 different networks through the project's website.
However, those who want to farm airdrop from D3 may need to spend a certain amount – acting as an early investment, helping them become pioneer users and increasing the likelihood of receiving airdrop in the future.
*SBT (Soulbound token) is a type of non-transferable token that can be publicly verified and is linked to a wallet address.
*Minting is the process of adding data into the blockchain system.
Itadori