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What is an NFT Airdrop? How to Get in Early on NFT Collections [Beginners Guide]

NFT airdrops have a long and rich history that can be traced back to the beginning of the blockchain-cryptocurrency business. Since the beginning, projects have given away free tokens as a means of promoting themselves and gaining attention.. Micro-tasks like referring friends and tweeting can earn you free money.

 

With a few exceptions, airdrops are a great way to join into the cryptocurrency market without having to buy anything. Time-limited tokens make it easy to miss out on freebies. This is where the Airdrop Alert comes in. We’ve been keeping our readers updated on the latest airdrop news since 2017.

 

An NFT is a digital representation of an asset on the blockchain that cannot be traded for another. These include digital art, crypto-collectibles and gaming assets.

 

There are, however, infinite options because of the rapid and constant evolution of underlying technology. Because of this, NFTs have become more valuable, with some parts reaching millions of dollars.

How much money can I make with an NFT Airdrop?

NFTs are a common currency in the virtual world, and you obtain more of them. It’s a cinch to get started.

For contributing to the community, several NFT series will reward you with free NFTs by airdropping NFTs into your wallet.

All you need to do to be eligible for an airdrop is own some kind of asset. In this case, a specific NFT. During the early days of cryptocurrencies, there was a lot of chance.

You may be eligible for an airdrop if you hold Bitcoin or Ethereum. Coins like Bytesball and Stellar were given to BTC holders as an airdrop. There were airdrops from Tron, OMG, and other projects for Ethereum holders.

 

  • Bored Apes Airdropped Serums For Mutant Apes

For the owners of Bored Apes (BAYC), more than 10,000 ‘Mutant Serum’ bottles were provided (MAYC). One of the project’s objectives was to distribute three mutant serums (M1, M2, and M3) at random (Mega Mutant).

When the serum vial is consumed, a Mutant Ape is created. It is only possible to utilize one serum on one monkey at a time,” says the author. As a result, each of the mutant apes is unique.

  • Lazy Lions Airdropped Bungalows NFTs

The Lazy Lions are a group of 10.1K randomly generated NFTs on the Ethereum blockchain. The 10K Lazy Lions Bungalows will be given away free of charge to all Lazy Lions holders. It’s just like each lion has his or her own hut.

The NFT Holder Airdrop is available till 2 October 2021. The Lazy Lion can still be minted for free if you have one before the snapshot.

  • CryptoPunks Airdropped Meebits

CryptoPunks was established in 2017 to kick off the NFT movement in the cryptocurrency space. The owners of CryptoPunks and Meebites, both built by Larva Lab, decided to conduct an NFT Holder Airdrop.

A token of appreciation was given to those who jumped on the NFT bandwagon early. All Punk owners received a grant from the game’s developers.

 

 Where can I buy NFT Collections?

Using NFTs, artists may sell their work in a new market and get royalties from their clients immediately. It is widely accepted that NFTs are a way for investors who believe in the technology–a group that often overlaps with cryptocurrency enthusiasts–to support artists, expand their digital art collections, and speculate in a market that is growing at an incredible rate.

If you’re wondering where to start, here are some marketplaces and what they have to offer customers and merchants alike.

 

  • SuperRare

Single-edition digital artwork can be purchased and sold on SuperRare, a peer-to-peer marketplace. In an Instagram-like format, a grid of windows displays artwork, as well as its list price, sale price, and the current time of an auction. 

 

The site is well-trafficked and has a selected collection of artists and companies, including a Time Magazine cover that sold for $300,000.

 

  • Foundation

NFT sales of memes that are widely used on the internet. Since Foundation’s inauguration in February 2021, Nyan Cat, Pak’s Finite record, and works by Nadya Tolokonnikova, Aphex Twin, and Edward Snowden have been stored there.

Following a grid of individual artist cards, featured artists and hot auctions appear at the top of the screen.

 

  • Mintable

Mintable is a two-sided marketplace for the buying and sale of NFTs, akin to eBay, founded by Marc Benioff’s Time Ventures and Mark Cuban. MetaMask, a cryptocurrency wallet service, is built on the Ethereum and Zilliqa blockchains.

 

What is an NFT Whitelist?

When it comes to the NFT realm, whitelisting is a term that comes from the IT/cybersecurity area and usually refers to a “allow” or “safe” list.

Pre-approval for a future NFT mint is achieved by obtaining a crypto wallet address whitelisted for a future mint (also known as a “drop”).

Your public Ethereum (ETH) address is likely to be whitelisted in most NFTs.
“Whitelisting” is the process of having your ETH address pre-approved by the NFT project team to mint NFTs at a particular day and time.

Typically, this day and time is chosen as a window of opportunity for whitelisted addresses. NFTs may be minted at any time throughout a predetermined 48-hour window in some projects.

  • Whitelisting is commonly employed for the following two reasons:
  • Early supporters of an NFT initiative will be rewarded
  • This is in order to avoid a “gas war.”

When a lot of NFT projects are created each week, the project teams must figure out how to reward early backers.

One way to do this is to allow early supporters to mint their NFTs before the project goes live.

Additionally, a whitelist may enable a lower NFT price for supporters by ensuring them a location to manufacture their coins (or even a free NFT).

As a result, supporters will be motivated to stay involved and spread the news about the initiative early in its lifecycle.

Your campaign can benefit greatly if an NFT influencer becomes aware of it and spreads the word to their large network.

How can I receive an NFT Airdrop?

We’ve compiled a comprehensive guide to getting started with crypto airdrops.

As a condition of receiving a free airdrop, several social media accounts need you to follow them. A new cryptocurrency community is being formed for the purpose of their ICO, IEO, or STO One of the simplest ways to receive airdropped bitcoin is to join a Telegram group.

After a task is accomplished, an airdrop is typically distributed after a short waiting period. In a few months, the token may be available on exchanges. Be patient if the coins take a while to arrive. That way, you won’t be left empty-handed when they do.

What are the best Crypto Wallets for NFT Airdrops?

A few basic actions can lead to free cryptocurrency airdrops. To get started, you’ll need a few cryptocurrency wallets.

Airdrops aren’t just confined to Ethereum, as you may have seen. They can now be accessed by other blockchains as well. You need to start building airdrop wallets now if you want to collect all of the money that will be distributed in 2019.

1. Ethereum – Most popular and used blockchain platform for airdrops

On the Ethereum platform, ERC-20 tokens are the most popular to give away. It is therefore advisable to set up an ether wallet in order to receive airdrops as soon as possible.

There are a number of safe ether wallets from which airdrops can be collected. Today, we’ll be focusing on two. Following the setup of an ether wallet, make sure to add the public key to your airdrop dashboard. If you use this approach, you’ll be able to track your ethereum and airdropped tokens.

 

2. NEO – For NEP-5 Airdrops

So far this year, we’ve observed an uptick in NEO airdrops. On the NEO network, airdrops and stablecoins like Novem Gold and Ontology suggest that now is the best time to construct a wallet.

We’ve found a simple web wallet that supports NEP-5 airdrops and recommend it to you. To help you get started with NEO and build a secure wallet, we’ve put up a guide and video. It’s there, so keep your eyes peeled.

Once you’ve set up your wallet, you may participate in the Novem Gold airdrop to receive your first free NEP-5 tokens.

3. Stellar – Wallet for one of the biggest airdrops ever

Sign up for the $125 million Stellar airdrop before it’s too late. As a result of a collaboration with Blockchain.com, it was decided to conduct a massive XLM airdrop. Creating a Blockchain wallet is required before receiving the airdrop.

We don’t know for sure if the Blockchain wallet will be able to accept Stellar-based tokens at this time. This is only possible if you have a Stellar wallet. We’ve narrowed it down to a few.

StellarPort is a web wallet for XLM and Stellar-based currency, such as XRP, that can be used online (or assets). If you wish to collect airdrops, check out this guide on how to set up a Stellar wallet for airdrops.

The CCUniverse airdrop requires a Stellar wallet.

 

Where can I find new NFT Collections that are Airdropping?

 

There is a genuine interest in NFTs from art collectors and crypto investors in the search for the next major NFT series that will change the world. In addition to supporting the artist and providing full ownership, NFTs can be used to transfer money.

 

Of course, picking the correct NFTs is the most critical part of the process.

 

Some of the most profitable NFTs right now are CryptoPunks and CryptoKitties, but getting your hands on a rare one might cost you millions of dollars. There are a lot of options out there, but you have to be selective about which ones you choose to invest in.

 

When investing in non-fungible tokens (NFTs), a lack of liquidity prevents investors from making wise investments. On the majority of crypto exchanges, selling coins is almost instantaneous, but selling a random NFT is another matter entirely.

 

In order to locate the greatest NFTs, you’ll need to conduct some study and apply the correct NFT tools.

1. Rarity.tools

When purchasing a non-fungible token, rarity is an important consideration. The best NFTs are sought after by collectors, which raises their value. rare.tools is an excellent NFT rarity tool for exploring the NFT field.

 

NFTs can be sorted on rarity.tools by volume in ETH, average price, and the number of collections that are currently available for purchase on the exchange. CryptoPunks, Mutant Ape Yacht Club, and Bored Ape YC are some of the best NFTs that can be found here.

 

There is a website for each collection where you may view all of the NFTs in that collection. Assets each come with a thorough card, which outlines their unique characteristics. In addition, rarity provides each NFT with a rarity score.

 

2. OpenSea

There are some of the most sought-after collections on OpenSea, one of the most popular platforms. It’s possible to use this NFT platform as a digital art investment analysis tool in addition to its excellent digital art collection.

 

For collectors, OpenSea provides an extensive ecosystem, with the NFT shop and data all in one place. Choosing the best NFT to purchase is made simpler by having all of the available information in one location.

3.CryptoSlam

CryptoSlam is another popular NFT tool for market analysis. Users can find NFT collections based on trade volume using this simple yet powerful interface. Detailed pages for each NFT collection contain live sales, the marketplace, and minting. 

 

In addition to the pricing, special qualities, and rarity rankings, there is a specific website for each NFT.

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