Crypto trader Tyler Swope says anyone interested in receiving free airdropped tokens in 2021 should start preparing.

Swope says one of the likely airdrops this year could be conducted by Ethereum-scaling solutions firm Optimism PBC. To get the token, if and when it is airdropped, Swope says those interested should try out the Optimism PBC testnet.

“So, play with their testnet. Figure out how, and if you didn’t play with Synthetix Mintr on layer two, there is still a chance. The demo is winding down, no transferring from layer-one to layer-two, but the rest of the DApp (decentralized application) still works. Mint, burn and withdraw. You just need to get some layer-two testnet SNX (Synthetix token).”

Another potential airdrop in 2021, according to Swope, could be from OpenSea, a peer-to-peer marketplace for rare digital collectibles. The trader says the best way to prepare is by interacting with the marketplace.

“…and there are many ways to interact with this marketplace. Buying and selling of NFTs (non-fungible tokens) is the most common, but they also have the option to create your own NFTs in the DApp.”

Swope adds that another possible airdrop in 2021 could be done by peer-to-peer decentralized trading platform for Ethereum-based tokens, Radar Relay.

Decentralized insurance platform Opyn could also conduct an airdrop, according to Swope.

Swope says that another possible airdrop could be conducted by decentralized margin trading exchange dYdX.

Among the reasons the crypto investor cites include the fact that the decentralized exchange’s founder, Antonio Juliano, showed interest in a token last year in October.

In a podcast interview in 2020, Juliano indicated tokens could be “valuable” to the dYdX ecosystem.

“Certainly, we are paying attention to everything that is going on in the DeFi space. I would say tokens we’ve seen to be really valuable both in terms of just spurring a lot of growth for platforms…

Another thing that I think is really impactful about tokens is just how much more power and say they give to the community over the direction of the project.”


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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Sergey Nivens

This article was originally published by on 2021-01-20 10:31:47. It can be viewed in it’s original state here: Source link .

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