Crypto Airdrops for Beginners [Earn $$$$ in 2024]

This video will give you a quick, concise, beginner guide on how to start qualify for crypto airdrops in 2024. Here are some other resources:

Ethereum Airdrops: https://youtu.be/fa7iNzxoq9o

Solana Airdrops: https://youtu.be/ltT6Pqs56_U

Full Checklist: https://docs.google.com/spreadsheets/d/1zUK7nj34TZbN4YfPGqLGwDQHrMcYMY2vLYzkmf8wcqc/edit#gid=0

#airdropfarming #cryptoairdrop #airdrop
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My public wallets:
Ethereum: kryptocove.eth
Solana: kryptocove.sol

GEMINI referral link (Get $10 in BTC when you trade $100 USD or more): https://gemini.com/share/56x4q5l3g

NEWTON referral link (Get $25 dollars when you deposit and trade $100 CAD): https://web.newton.co/r/TVA2NU

Secure your crypto with a LEDGER hardware wallet: https://shop.ledger.com/?r=b3d950232556

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DISCLAIMER: This video is the copyright of this YouTube channel and of SDG Media Canada. The information presented here is for entertainment and/or educational puposes only and is NOT presented as financial or investment advice. Cryptocurrencies are volatile investments and there are significant risks or loss from price movements, hacks, scams, smart contract bugs, black swan events, and much more. Viewers must exercise caution and discretion.

If you are a complete beginner to crypto airdrops and you want to know how you can actually get started earning free money from different crypto ecosystems then this video is for you in today’s video I’m going to break down for you what an airdrop is why you want to be

Farming them the best strategies for farming them and I’ll tell you how I go about managing my airdrop farming because it can get complicated so for starters what is a crypto airdrop it is essentially when you get rewarded for being an early user to a blockchain or

An application built on a blockchain and that reward comes in the form of a token or cryptocurrency that is aird dropped to your crypto wallet so for example when optimism and arbitrum did their airdrops they were rewarding people that interacted early on with their layer 2 etherium blockchain and then on the

Other hand more recently the jeto team dropped goo tokens to people that staked their salana with that particular application on the salana blockchain so that’s an app airdrop sometimes the tokens you get rewarded with literally just show up or get aird dropped into your wallet like the second round of the

Optimism airdrop but other times you have to manually go to a website and claim the tokens for example with the recent Celestia airdrop you had to claim that one and if you didn’t before the end of the claim period Then your tokens were redistributed to other people that

Qualified and what we are trying to do now is interact with as many different early stage blockchains and blockchain applications so that we can qualify for as many aird drops as possible in 2024 and Beyond and hopefully we’ll be able to replicate some of the previous successes because I’ve earned at this

Point five figures from Air drops in 2023 and I’m hoping to increase that to six figures Plus in 2024 and Beyond so now that we know what an airdrop is how can we actually get them and behind me you’ll see an infographic that was created by someone on Twitter called Mr

Lumis that lists a variety of different potential airdrop DRS that you could get in 2024 now at this point I’m going to tell you flat that it will be impossible for you to qualify for every single airdrop and you definitely have to pick and choose your battles each different

Blockchain has different ecosystems of layer twos and layer 3es and applications and you won’t be able to farm them all so what I recommend for starters is dipping your feet in the water picking a couple and then experiencing how it actually works and then expanding your horizons from there

As for me personally I am most heavily focused on three ecosystems which is the ethereum ecosystem including all of the layer tws then there’s the salana ecosystem with a lot of up incoming airdrops for different applications and then there is the cosmos ecosystem with many different app chains where you can

Be rewarded for just holding and staking tokens like Adam and Celestia or Tia tokens and I have experimented with a variety of other different airdrops including different L1 blockchains and different free testet airdrops some of which I’ll probably cover on on the channel at some point but like I said

Those three are my main ones and if you have a limited amount of capital and time to allocate towards air drop farming you’re also going to have to whittle things down now once you’ve decided which ecosystems you want to focus on the next step is to decide how

Much capital and time you’re willing to invest in this because that’s going to determine how many wallets you should be farming with and what type of aird drops you should be farming because even within the ethereum ecosystem for example there are free and test aird drops that you can Farm like the Tao

Layer 2 airdrop and then there’s others that require a significant amount of capital so for example the linear airdrop and to complete some of the transactions on the linear chain were actually quite expensive and then with some different applications like staking on ethery or igen layer with those you

Really get rewarded for having a significant amount of capital so you have to decide how much money you’re willing to put towards airdrop farming and how much time you have now let’s talk about the amount of money that you need per wallet to successfully Farm aird drops if we’re talking about the

Salana ecosystem you can probably fund each new wallet with1 to $200 and really accomplish quite a lot because the transaction fees are super low and it’s not actually that expensive to use the network to make deposits into D5 platforms and to trade if we’re talking about the ethereum ecosystem it’s a

Little bit more expensive to make transactions and there’s a lot of cases where if you have a lot more Capital you can do more with it so if if you have thousands of dollars to invest in airdrop farming some of these raking or eth staking Protocols are probably going

To have really solid aird drops and then there’s also a lot of the different applications that are going to reward people that deposit liquidity or that trade a high value amount on their different apps so if you’re starting out completely from scratch and you have a limited amount of money I might

Recommend actually starting with salana or starting with an ethereum layer 2 that has cheap transactions like scroll or ZK sync the next consideration is the amount of time that you have to allocate to this because as you can see with this checklist what I’m trying to do here is

With each wallet that I’m farming airdrops I’m trying to complete transactions on as many of these different applications as I can on all of these different ethereum layer 2os and so this can be quite time consuming now if you have a lot of time I recommend farming airr drops with

Multiple different wallets but this leads me to a super super important point which is if you’re going to farm airdrops with multiple different wallets make sure that you do not send money between them you have to keep them completely separated and siloed so when you fund a fresh wallet for airdrop

Farming you should send eth to it from a centralized exchange where it actually won’t be linked to your other wallets and the same thing applies for salana or for atom tokens whatever you’re doing now for me personally within the ethereum ecosystem I have about three wallets that I’m actively Farm fing at

About the same level and then I have another two or three including this wallet that I use for demos on the channel where I just do a couple of random things here and there but I’m not all in on it so in total that’s about five or six ethereum wallets then I have

Three salano wallets and four Cosmos ecosystem wallets so that’s my setup I’m farming multiple airdrops with multiple wallets in multiple ecosystems and you can see that it gets pretty complicated pretty quickly so that’s why I’ve built this checklist here and I’ve got one for ethereum and salana and I’ll be adding

One for the cosmos ecosystem soon because this really helps me keep track of everything that I’m doing now if you have really a limited amount of time but you still want to get some airdrops in 2024 a good approach would be to actually participate in the cosmos ecosystem airdrops where really all you

Have to do is hold some tokens and stake them and then you can get some decent airdrops so recently Celestia stakers have been rewarded with four or five aird drops at this point as well as atom stakers and there’s also a bunch of other chains within that ecosystem like

Injective and kujira where stakers are being rewarded and that doesn’t actually require you to come back and push a bunch of transactions all you have to do is stake a certain amount a couple hundred usually is enough per wallet and then just by staking it and holding it

You’re good to go whereas with a lot of these ethereum airdrops you have to actively come back and continue interacting with them now on my channel I’ve done full walkthroughs of these checklists for both salana and ethereum where I show you step by step what you

Need to do to complete them so I’m not actually going to walk you through the full thing here but where does this leave us at this point basically what it boils down to is this crypto air drops are free money that you get for being an early adopter of these different

Applications and blockchains if you want to farm them with multiple wallets make sure that you create each wallet and fund it separately from a centralized Exchange so they can’t be linked together third pick the blockchain and the ecosystem based on what you’re actually working with if you have more

Time and more money then the ethereum ecosystem is a good one to farm if you have a smaller amount of money but you have a reasonable amount of time then you can do a lot on salana and if you have some money and literally no time then staking and holding atom tokens and

Celestia as well as injective and koogi is a good bet because that is a low effort airdrop farming strategy beyond that my recommendation is to go through checklists like this and just step by step interact with as many of these different applications protocols and blockchains as you can follow people on

Twitter that are providing useful tutorials on how to farm airdrops and don’t try to do it all because you just won’t be able to you’ll get exhausted and you’ll probably burn out pretty quickly I’ll post links to the tutorial videos that I did where I walked through

The ethereum and the salana checklist so hopefully you find those helpful and good luck in your airdrop farming proced suits if you want to subscribe to this channel I regularly bring step-by-step tutorials on how to qualify for specific airdrops as well as now some updates on

News in airdrops and I’ll make sure that you stay up to date on what you need to know to qualify for the maximum amount of airdrops in 2024 so hopefully you found this useful thanks for watching and have a great day