This edition focuses on Infrastructure and total yield has ranged from $300 to $25,000 so far.
Disclaimer: We are a Research Firm, not financial advisors. Nothing stated or published by Cryptonary shall be considered as financial or investment advice under any circumstance. You are fully responsible for any capital-related decision you make.
The cryptocurrency market is known for its “rags to riches” stories. But, those big returns all come with a high risk – the risk of losing a large part of one’s capital. Airdrops beg to differ.What if we told you there’s a way to earn high potential rewards without taking on large risk?
Airdrops are the answer, protocols and companies that are willing to reward early users. This concept became popular when Uniswap gave 400 UNI to all users – at the time they equated to about $2,000.
Platform 1: OpenSea | Status: Almost There
"Almost There" in the sense that an airdrop was already made to OpenSea users but not by OpenSea itself - it was done by competitor LooksRare. This airdrop potential was mentioned in the original version of "High Reward, Low Risk" a few months before the LOOKS token was launched.The LOOKS airdrop value ranged between $300 to $25,000 depending on the level of activity.
We still believe OpenSea will need to decentralise in the future and that would be through a token.
Platform 2: MetaMask | Status: Pending
You’re probably a MetaMask user, you know the third-party web extension that is an Ethereum wallet? Yes, that one.
For the longest time, MetaMask was only a wallet, quite convenient too. Recently they added a “Swap” function which would find the best rates across different DEXs and facilitate the trade all from within the wallet – an aggregator similar to 1inch Exchange.
Should they decentralise decision making and create a governance token, early users of this swap function would likely receive airdrops.
Platform 3: Phantom | Status: Pending
The MetaMask of Solana. The wallet has a “swap” function just like MetaMask which drives revenue for Phantom. At some point in time, they’ll decide to decentralise governance (& maybe even revenue) which means token ser. Now, they don’t necessarily need to use the airdrop route but in case they do, we are ready to receive haha.Additionally, with transaction fees on Solana being sub 1 cent there is no reason not to try out Phantom.
Disclaimer: Please note that there never is a guarantee that a platform actually does an airdrop.
Minimising Gas Fees
Since the only expense on this opportunity is gas fees, it’s best to find ways to minimise them.
This website gives you an overview of which days and times are the least congested for the Ethereum network, meaning which days and times that have the lowest costs for gas fees: Ethereumprice.org/GAS
Recommended from Cryptonary
