Who doesn’t love a little something extra in life? Be it extra toppings on your favorite pizza or extra meals on your favorite journey, we all appreciate that extra thing. Chingari is thrilled to introduce its latest innovation: ‘Chingari Earn’, the ultimate platform for aggregating airdrops. Chingari Earn brings together the latest crypto airdrops in one convenient location, making it easy and accessible for you to participate and potentially earn that ‘extra’ crypto rewards.
Moreover, with user-friendly filters for chain, category, and network, discovering and participating in airdrops has never been easier. Well, what might begin as earning ‘extra’ crypto rewards can turn into a potential sustainable source of rewards.
But what exactly is an airdrop?
In the world of cryptocurrency, an airdrop is a marketing tactic used by projects to gain exposure and build a community. Since its inception, Airdrops went from an innocent marketing tactic to a full blown user acquisition strategy over the course of just 12 months for crypto projects. Essentially, these projects give free tokens or coins to users who complete certain tasks. The tasks can range from simply joining a discord channel to making a transaction on the testnet or mainnet.
But how can airdrops help you to make life-changing money?
Here are some examples of famous airdrops and their eligibility criteria:
- Uniswap — Uniswap is a decentralized exchange (DEX) protocol built on the Ethereum blockchain. In September 2020, Uniswap launched its governance token, UNI, and airdropped 400 UNI tokens to all users who had used Uniswap prior to September 1st, 2020. This airdrop was automatic and required no additional action from users. Each UNI token was worth $1600 at the time of airdrop.
- Compound — Compound is a decentralized lending platform that allows users to earn interest on their cryptocurrency holdings. In June 2020, Compound conducted an airdrop of its governance token, COMP, to users who had interacted with the platform prior to the airdrop date. Eligibility criteria for the airdrop included having borrowed or lent assets on the platform, or having provided liquidity to the COMP/ETH trading pair on Uniswap.
- Aptos — Aptos is a layer-1 blockchain which aims to be safe, scalable and upgradable. In total, 23,454,750 APT tokens will be airdropped to 124,828 participants in October 2022. These tokens are worth over $300m in total. Criteria for qualifying for the airdrop was a) Users who completed an application for an Aptos Incentivized Testnet, b) Users who minted an APTOS:ZERO testnet NFT
- Arbitrum — Arbitrum, a Layer 2 chain for Ethereum Blockchain, recently did an airdrop of over $2B dollars (Yes, Billion with a B). Users who transacted on Arbitrum chain got the airdrops worth $1000 to $10,000 each.
Till now, thousands of crypto projects have conducted massive airdrops which has enabled the eligible users to earn millions of dollars with little to no investment at all.
So what’s the challenge then?
While it sounds all fun and games at first, making significant money through airdrops comes with a lot of challenges.
- High competition: With the popularity of airdrops increasing, the competition for participation is getting intense and the eligibility criteria for qualification is also becoming stricter. There may be many users vying for a limited number of tokens, which means that it can be challenging to stand out and be selected for an airdrop.
- Low token value: Even if a user does receive tokens through an airdrop, the value of those tokens may be low or volatile. This can make it difficult to generate sustainable source of rewards through airdrops.
- Scams and fraud: Unfortunately, there are many scams and fraudulent airdrops that can deceive users into giving away their personal information such as private keys and wallet holdings. It is important to carefully vet airdrops before participating in them to avoid falling victim to these scams.
- Missing the boat: Most people are not able to gauge the possibility of a potential airdrop and get to know about it after the airdrop is announced only to find out that they are not eligible and have missed the boat for making significant gains.
With “Chingari Earn”, make sure you never “Miss the Boat”.
Step-by-Step guide — Chingari Earn brings to you a carefully curated list of Confirmed and Potential airdrops. Our experts put in hours of research, identifying hints, patterns and alphas for potential airdrops. The platform provides detailed information about each airdrop, including project descriptions, social media links, and step-by-step instructions on how to participate so that our users can have the best shot to receive life-changing rewards.
Premium Airdrops and Multi-Chain bridge — But what sets Chingari Earn apart from other airdrop platforms is the extensive research for identifying Premium airdrops. While we are on the track to launch the first version of the product, in the future you can expect multi-chain bridges to various blockchain protocols that would enable the users to directly bridge their GARI tokens and NFTs for completing the required tasks in a hassle free manner.
24x7 Audio Room Support — Chingari Earn provides 24x7 Audio room support to the users who might be facing issues in completing the required tasks or need any more information about the projects.
Blockchain education — Even though users will enjoy making free money, crypto airdrops are not just some free tokens. One of the biggest advantages of crypto freebies is actually that you get to educate yourself in blockchain, online security and the projects which would not only help the crypto-native community to upskill their knowledge but also help onboard the newbies into the world of crypto.
With its easy-to-use interface, innovative rewards system, and strong community, you’ll never miss out on an airdrop again. So what are you waiting for?
Start earning free crypto today with Chingari Earn!
Download the Chingari app now to start your web3 journey!
*Disclaimer — Earn means to mine tokens. Tokens or Rewards are in the form of Crypto products which are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.
Useful resources you may want to refer to:
- The Gateway to earning GARI tokens
- What is GARI Network Today?
- 5 Steps to Earn GARI Tokens Risk-Free WITHOUT Investing Your Money
- A Deep Dive into GARI and its Tokenomics
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You’ll find all the official links within this link — https://linktr.ee/garinetwork
