Author: Fairy, ChainCatcher
Editor: TB, ChainCatcher
Yesterday, Bitcoin fell below $77,000, Ethereum fell below $1,800, and altcoins were "bloodbathed". In this gloomy market, anxiety seems to be an inevitable emotion, but why not change your perspective and look to the future? The upcoming airdrop project may be hiding an undiscovered gem, waiting for the next burst of wealth.
This article will review the projects that are about to airdrop or have potential airdrop opportunities in the near future, leading everyone through the market fog and capturing future opportunities.
Quick Overview (pressed for time? Get to the point)
The airdrop process for Nillion and Babylon has been initiated, and eligible users can participate as soon as possible.
Caldera and Sign have announced some airdrop information, but the specific rules are still to be disclosed.
Although projects such as StakeStone and Initia have not yet been officially announced, there are signs that there are potential airdrop opportunities, which can be planned in advance.
The following is a summary of the known core information:
Interpretation one by one, an overview of the project background and airdrop progress
Nillion, a privacy-secure computing network
Since its establishment in 2021, Nillion has benefited from its unique concept of a "blind computing" network. The network combines privacy-enhancing technologies such as multi-party computation (MPC), fully homomorphic encryption (FHE), and trusted execution environment (TEE) to ensure that data is always encrypted throughout the entire computing process.
Nillion provides developers with a wealth of tools to support the construction of privacy-focused applications in areas such as artificial intelligence, DeFi, and data storage, and promotes the development of decentralized privacy computing.
Airdrop progress:
Nillion will open airdrop inquiries on March 13th .
When designing the airdrop matrix, the Nillion team identified three main categories:
- Community Value
- Developers and Open Source Contributions
- Validator Program Participation
Airdrop Exclusions
Two types of participants will not be included in the airdrop:
- A secret submitter with extremely low participation: only submitted 4 secrets, did not stake any ETH, did not obtain a Discord role, and did not own the Nill Pill NFT.
- Late validators with extremely low participation: participated in validation after September 14, 2024, did not stake any ETH, did not obtain a Discord role, and did not own the Nill Pill NFT.
In addition, Sybil attacks and airdrop "brushes" will also be eliminated, and even if the eligibility checker shows that they meet the conditions, these accounts will not ultimately be included in the airdrop list.
Bitcoin staking protocol Babylon
Babylon is a staking protocol. Its core component is a POS public chain compatible with Cosmos IBC. It can lock Bitcoin on the Bitcoin mainnet to provide security for other POS consumer chains, while obtaining staking income on the Babylon mainnet or POS consumer chain.
Airdrop progress:
Airdrop registration is in progress and will end at 4 pm (Beijing time) on March 15th.
During registration, users can create a BABY address and cryptographically link it to a Bitcoin wallet or other eligible active account for staking in order to receive the airdrop when Babylon Genesis is launched. For users who missed the current round of registration due to wallet compatibility restrictions, there may still be a second chance to receive it after Genesis is launched.
Eligible groups for this airdrop:
- Phase 1 stakers: users who completed their stake before Bitcoin block height 875087 (cap 3), regardless of whether the stake was accepted or overflowed.
- Pioneer Pass NFT holders: The snapshot was completed at Polygon block 68305555 (approximately 07:15 UTC on February 24, 2025).
- Phase 1 Finality Providers: Finality Providers who have registered on the Babylon GitHub and obtained delegation in Phase 1.
- Eligible GitHub contributors: The snapshot was completed on February 23rd at 08:00 UTC.
In addition, participants in Binance financial activities, wallet activities, etc. may be eligible for additional airdrops. At the same time, specific social media contributors will also receive airdrops.
L2 Blockchain Caldera
Caldera focuses on building high-performance, customizable and application-specific second-layer blockchains. These customized blockchains (Caldera Chains) provide high throughput, low latency and customizable features to optimize the performance and user experience of decentralized applications, and are capable of processing hundreds of transactions per second and sub-second confirmation times. Caldera enables anyone to start and run a dedicated, high-performance second-layer blockchain "Rollup".
Airdrop progress:
On February 19, the Caldera Foundation announced that it would launch ERA tokens through a retroactive airdrop this year. Information such as the token economic model, token usage, and initial supply allocation has not yet been announced.
Full chain authentication protocol Sign
Sign Protocol is a full-chain authentication protocol that enables users to freely authenticate and verify any information on the chain. Sign provides a set of tools, infrastructure, and standards to create a future where all statements and assertions about the web and the world around us are driven by verifiable authentication.
Sign relies on modern technologies such as decentralized blockchain and data storage solutions, and combines emerging technologies such as zero-knowledge encryption and digital signatures to ensure the credibility and security of information.
Airdrop progress:
On March 3, Sign announced the airdrop eligibility information, mentioning the acquisition criteria for the four types of SBTs that can be airdropped.
- SBT (Soulbound Token): A non-transferable badge of honor.
- NFT: A tradable version of SBT.
Users who hold SBT and NFT will receive $SIGN airdrops.
1. Community Supporters: Members who actively support the Sign and Orange Dynasty communities. The judging criteria include the frequency of community interaction, the quality of interaction, whether AI is used to generate content, and whether there is real emotional investment.
2. Hardcore members: require active participation in Orange Dynasty activities, including but not limited to continuous high-quality participation in the daily Orange Dynasty calendar on the X platform, continuous high-quality participation in daily tasks on Telegram, and continuous activity in Sign's Twitter Spaces.
3. Outstanding content creators: They are required to actively and enthusiastically create and explore content. The evaluation criteria include: the enthusiasm for creating content, the creativity of creating content, the continuity and improvement of content, and the openness to and feedback on other people's content.
4. Core Builder: Required to make extraordinary contributions in Orange Dynasty, and the specific evaluation criteria vary from person to person.
Potential Airdrop Projects
Full-chain Rollup Network Initia
Initia is a full-chain Rollup network built by fusing a novel L1 with an application-specific L2 infrastructure system. The Initia platform provides product-ready Rollups that enable teams to build scalable sovereign systems while eliminating the user experience complexities that end users face when interacting with the modular multi-chain universe.
Initia has built a new multi-chain economic framework, Initia VIP, which helps L2 attract and retain users while creating new use cases for tokens, thereby driving the value growth of INIT and L1.
Project News
On March 5, the official Initia X account posted "March.", possibly hinting that there will be major events in March.
On March 7, Initia announced that it would shut down its wallet extension service at 3:00 am (UTC) on March 18.
On March 10, Initia announced that the progress of initializing the mainnet has reached 90%.
Judging from the latest official progress, Initia may be close to TGE and the ecological development is about to enter a new stage.
Full-chain liquidity infrastructure StakeStone
StakeStone is a full-chain liquidity infrastructure. Different from POS staking pool and restaking pool protocols, the platform is more focused on building liquidity distribution for ETH, BTC and stablecoins. Whether it is helping assets to generate interest through dynamically adjusted underlying strategies or providing full-chain liquidity for multi-chain ecosystems.
Project News
On February 28, StakeStone tweeted, "If users hold assets such as STONE / SBTC / STONEBTC / BERASTONE, they need to continue holding them. Stay sharp and be ready at all times." It was accompanied by a camera photo, which may imply an upcoming airdrop snapshot.
On March 3, StakeStone opened the official X account of the foundation.
Parallel EVM Layer2 Solution Reddio
Reddio is a parallel Ethereum Layer 2 solution that uses parallel execution and GPU acceleration technology to enhance blockchain network throughput and computational efficiency. In addition, it uses zero-knowledge proof technology to ensure security comparable to Ethereum.
Project News
On March 3, Reddio announced that it had completed its first snapshot and would release information about the white paper, token economics, mainnet, and snapshot queries in succession.
On March 8, Reddio announced that the token name is RDO. In addition, as the mainnet launch approaches, the name of the testnet token will also be updated.
