How to avoid airdrop scams?

For increased security, you can make a separate wallet and email account only for obtaining airdrops. This can shield your personal wallet's funds against airdrop-related phishing attempts. The most important guideline is to never give someone your secret keys.

What was the first crypto airdrop?

The first cryptocurrency airdrop is attributed to AuroraCoin (AUR) on March 25, 2014. Designed to be the currency of Iceland, every citizen or permanent resident who showed their national ID got 31.8 AUR.6

Can you make money from crypto airdrops?

Although crypto airdrops are designed to boost the use of a cryptocurrency across a wide spectrum of users, individuals could still profit from them. Due to this, airdrops are usually small (less than $10) and the tokens may not be easily tradable. Additionally, there is a greater chance that users may attempt to sell their holdings when they can, depending on the drop occurred in the value of the coins or tokens.

Can you make money from crypto airdrops?

Although crypto airdrops are designed to boost the use of a cryptocurrency across a wide spectrum of users, individuals could still profit from them. Due to this, airdrops are usually small (less than $10) and the tokens may not be easily tradable. Additionally, there is a greater chance that users may attempt to sell their holdings when they can, depending on the drop occurred in the value of the coins or tokens.

Somnia Network Token Rewards Crypto Potential

Somnia Network ($SOMNIA) Token Airdrop

Token Airdrop : TBA – TBA

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Crypto Airdrops

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Airdrop Platform	On Website
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Total Token Supply	TBA
Total Airdrop Qty	TBA

Airdrop Value (USD)	TBA
Number Of Winners	TBA
Winner Announcement	TBA
Airdrop % of Supply	TBA

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About Somnia Network ($SOMNIA) Crypto Airdrop

Somnia is a high-performance, cost-efficient EVM-compatible Layer 1 blockchain designed to support real-time, mass-consumer applications such as gaming, social platforms, and metaverses. With the capability to process over 400,000 transactions per second (TPS) and achieve sub-second finality, Somnia enables developers to build fully on-chain applications that serve millions of users seamlessly. Its architecture incorporates a novel multistream consensus mechanism and the custom IceDB database, ensuring ultra-low transaction costs and predictable gas pricing.

This design allows for the creation of reactive decentralized applications that can respond to data changes and events in real-time, opening new possibilities for on-chain gaming, social finance (SocialFi), and fully on-chain metaverses.To foster community engagement and crypto new airdrop incentivize early adopters, Somnia has launched the "Somnia Quest" on its Devnet platform. Participants can complete various tasks to earn points, which may lead to rewards such as NFTs, tokens, and other incentives. Notably, Apecoin community members holding at least 111 $APE can claim an exclusive Apekin avatar, providing a 20% boost on all Somnia quest points. This initiative not only rewards users but also encourages active participation in the Somnia ecosystem, contributing to its growth and the development of a fully on-chain virtual society.

Also read: QuantTekel Free tokens | Trading Marketplace

Somnia Network ($SOMNIA) Project Details

Somnia Network Project Category	Blockchain
Blockchain	Binance-Smart-Chain- TGE-TBA

WHITE PAPER	NA
Website	Somnia Network Website
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Frequently Asked Questions (FAQs) View All

What is a cryptocurrency airdrop?

A cryptocurrency airdrop is a marketing technique that enables transferring cash to wallet addresses. In this small amounts of the new virtual currency are transferred for free or in exchange for a small service, like retweeting a post from the business issuing it, to the wallets of active members of the blockchain community. A crypto airdrop's main objective is to raise interest in and use of a new token or coin.

How do crypto airdrops work?

The goal of the crypto airdrop is to generate more interest in and ownership of the currency startup. The primary condition for getting cryptocurrency airdrops is having a wallet with a balance. An airdrop cannot be claimed or received without a wallet address. However convenient, using an exchange address is inappropriate for airdrops. Users should instead research the various cryptocurrency wallet options available to them in order to store their money.

Are crypto airdrops safe?

Good airdrops should include a trustworthy website, a quality white paper, and, most importantly, a compelling reason for existing. Legitimate airdrops would also never request your private key. They should request your public wallet address instead of your private key because without it they can't provide you with the airdrop. Follow Coin Gabbar to discover more about airdrops.