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3 Crypto Airdrops You Can’t Miss in Early May
By: bitcoin ethereum news|2025/05/05 19:00:07
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Traders and investors are gearing up for a big week, with many crypto events in the pipeline. Accordingly, heightened volatility is expected, but crypto airdrops provide a gateway worth considering. Crypto airdrops offer investors a chance to join promising projects at their early stages with little to no initial investment. The following airdrop opportunities may be worth considering for the first week of May. Miden Boasting up to $25 million in funding, Miden presents the first crypto airdrop to consider this week. The project enjoys backing from notable investors such as Andreessen Horowitz (a16z), 1kx, Hack VC, and Symbolic Capital. “Today, we announce our $25 million seed fundraise and spinout from Polygon,” Miden announced recently. Miden is a ZK-rollup L2 blockchain built on Ethereum and spun from Polygon Labs. It enables private, scalable smart contracts. The project plans to airdrop 10% of its native tokens to Polygon (POL) stakers. This initiative aims to reward Polygon’s ecosystem and incentivize participation in Miden’s zero-knowledge-powered network. By shifting execution to client devices, this enhances privacy and scalability. “...Miden can support potentially infinite TPS by supporting client-side proving. It also supports opt-in privacy,” wrote Polygon executive Sandeep Nailwal. The airdrop aligns with Miden’s integration into Polygon’s AggLayer, boosting cross-chain liquidity. Snapshots for eligibility began shortly after the announcement on April 29, with the mainnet launch scheduled for Q4 2025. In the meantime, Miden is already planning a testnet, and airdrop farmers can perform the first activities to get a chance to become early users. Camp Network Another crypto airdrop to watch is on the Camp Network, which has raised up to $29 million. Investors such as Blockchain Capital, OKX Ventures, HTX Ventures, 1kx, and Maven 11 Capital, among others, back the project. Camp Network is a Layer-1 blockchain focused on intellectual property (IP) management and AI agent integration. The project launched an incentivized testnet, allowing airdrop farmers to participate by completing simple social tasks to earn points. “Freaky incentivized testnet update engage with our big steaming hot network of ecosystem partners to climb the leaderboard and win succulent rewards,” Camp Network shared. Notably, if a token is launched, these points will be converted into project tokens in the future. The points, referred to as “Acorns,” require users to complete tasks like daily check-ins, social media engagement, and interacting with the ecosystem via the testnet faucet. Mezo Mezo is the third crypto airdrop to watch for the first week of May. It has raised up to $28.5 million. Backers include Pantera Capital, Multicoin Capital, Ledger, Mantle Network, GSR, Hack VC, and Bybit Exchange. It is a Bitcoin Layer-2 network focused on enhancing Bitcoin’s utility through borrowing, spending, and earning without selling BTC. It launched a campaign on Galxe where airdrop farmers can complete quests to earn points. “Complete quests and claim mats! We’ve joined forces with Galxe, so you can earn mats and more—alongside our partners ZeroLend, Velar, Blend, and Pamp Land,” Mezo Network announced. After completing all the quests, participants can also grab the Galxe Questooor role, with most quests being free. However, for some, airdrop farmers will need to borrow MUSD. Notably, after opening Galxe tasks on April 24, the Mezo airdrop will remain open until May 27, 2025. Meanwhile, users can also stake to earn points, a function that remains open without a specific deadline. Disclaimer In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated. Source: https://beincrypto.com/crypto-airdrops-may-first-week/
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