Seven Projects Backed by Binance Labs Confirmed for Airdrops

The

cryptocurrency

market comprises various components such as investment institutions, exchanges, project teams, liquidity providers, security entities, among others. Each component has different ways of generating revenue. For users, profits can be obtained through participating in primary markets, initial exchange offerings (IEOs), secondary markets, and other methods.

One key difference between the crypto industry and traditional finance is that in the crypto space, “airdrops” serve as an effective method to retain users. In the past year, several prominent projects like Arbitrum, Aptos, Arkham, and others have conducted substantial airdrops for users. Airdrops are characterized by low costs and the potential for high returns.

This article lists seven projects supported by Binance Labs, confirming their intention to conduct airdrops.

DappOS

DappOS is the first intent-centric operating protocol designed to make dApps as user-friendly as mobile applications. In addition to Binance Labs, investors also include Sequoia Capital China, HashKey Capital, among others.

KiloEx

KiloEx is the next-generation user-friendly perpetual DEX (Decentralized Exchange), focusing on risk management and capital efficiency.

Kinza Finance

Kinza Finance is a lending protocol on the Binance Smart Chain, boasting a Total Value Locked (TVL) of $74 million. According to the tokenomics of this project, 5% is allocated for airdrops, and additionally, providing liquidity also enables users to receive airdrops.

Web3Go

Web3Go is a data analytics platform on the Polkadot ecosystem, dedicated to formatting, visualizing, and collaboratively analyzing on-chain data using the Polkadot ecosystem.

Velvet Captial

Velvet Capital is a cross-chain operating system empowering decentralized finance participants to create diverse DeFi products. The Total Value Locked (TVL) in Velvet Capital has reached $1.2 million.

Tabi

Tabi is a decentralized marketplace and platform used for minting and trading NFTs.

Polyhedra Network

Polyhedra Network is a startup company developing a full-stack infrastructure for Web3 based on Zero-Knowledge Proof (ZKP) technology, with a primary focus on interoperability, scalability, and privacy.

The above seven projects can be accessed through their official websites to complete corresponding tasks and obtain airdrop tokens.

“Airdrops” also face the impossible triangle, which means certainty, high returns, and low input cannot coexist. In projects with transparent airdrops, it's necessary to estimate the input-output ratio. Projects that often conduct large-scale and substantial airdrops typically share several characteristics: high project financing, a need for a large user base retention, and mostly belong to infrastructure projects (such as public blockchains).