Top 4 notable airdrop projects in the third week of August

As the digital asset market in general enters a correction phase, Bitcoin (BTC) is gradually sliding towards the psychological mark of $115,000. With altcoins often fluctuating in line with BTC's trend, crypto airdrops are emerging as a noteworthy option for investors to diversify their portfolios at a low cost.

Airdrop offers an easy opportunity to participate in potential projects with almost no initial capital, suitable for both traders who want to "farm" rewards.

Investors who want to participate in the airdrop may consider the following projects.

Wormhole

Wormhole launches the airdrop program starting from August 14, while also introducing the Portal Earn initiative to encourage users to explore the multi-chain ecosystem.

Participants can earn (experience points – XP) when performing cross-chain transactions, thereby leveling up their “Portal Status” and receiving special rewards.

"Portal Earn is a new way to experience the multi-chain world. The loyalty program is designed to reward every activity of users. Earn XP by exploring new chains and executing asset transfers," Wormhole shared in the post.

The project is strongly financially backed, having raised 225 million USD, with a valuation of 2.5 billion USD, and major investors such as Coinbase Ventures, Multicoin Capital, Jump Trading, and Arrington Capital.

Sentient

Another notable airdrop project is Sentient, a blockchain platform that has raised 85 million USD from reputable investment funds such as Pantera Capital, HashKey Capital, Delphi Ventures, and Hack VC.

In the Discord post, Sentient announced the launch of tasks on Galxe, allowing users to complete tasks on social media, participate in AMAs, and many other activities to earn on-chain loyalty points (.

This reward points not only help improve the position in the ecosystem but also serve as a basis for assessing long-term rewards for users with positive contributions.

"We plan to use this points system to reward long-term contributors," the post shared on Discord stated.

Morph

Morph is also a prominent name with the launch of Morph Hub – an interactive center with the ecosystem. Airdrop hunters can complete simple tasks and accumulate points )points( to qualify for rewards.

"Introducing Morph Hub! A new way to explore, earn points, and advance in the Morph ecosystem. Complete tasks. Refer friends. Climb the Hub leaderboard. Earn token rewards," Morph shared on X.

The project has raised 25 million USD from major investors such as DragonFly Capital, Pantera Capital, and Spartan Group. The MEXC exchange is also said to have participated in the secondary funding round.

Doodles

Launched on August 13, Doodles offers an airdrop experience in the form of a game. Participants will follow the character Kyle on a journey to overcome challenges, catch insects to earn )points( and unlock rare items.

Participants who complete the tasks will receive a type of "in-game currency", which can be used to open chests and outfits.

Meanwhile, Doodles has raised $54.5 million from several investors, including venture capital firm Seven Seven Six, 10T Fund, and Acrew Capital for its third funding round.

Vincent