The cosmos network, which was created in March 2001, has facilitated interoperability among ecosystems in a decentralized way. Over time, there have been several easy ways to earn extra tokens launched within the network known as airdrops. Some questions have been raised by many who are interested in benefiting from the airdrop within the ecosystem. This article has collated and answered some of the frequently asked questions.

Airdrop is a marketing technique whereby project teams send free coins to qualified wallets to promote their project and token awareness. To be qualified, at times, project teams may require interested participants to perform specific tasks or sometimes hold certain tokens. 

It would be best to take specific actions to prepare for an airdrop distribution for the cosmos airdrops. These actions are worth considering because sometimes project teams may not announce their requirements well beforehand.

So only those who know about the requirements early enough and fulfill them can benefit from the distribution. In essence, preparation in advance is a plus in benefiting from these free airdrops. So then, what are some actions that you should take beforehand?

The requirement to qualify for airdrop has varied with projects, and in fact, there have been times when the condition has been holding as little as just 0.000001 Atom, and some have required holding as much as 100 Atom. Therefore, it is difficult to determine how much of such tokens project teams may require beforehand.

Some tokens that have qualified for airdrops in the p[asts are BAND, CRO, ATK, KAVA, LIKE, CIVIC, REGEN, CRV, NGM, FET. the table below are some other tokens that have more chances of qualifying a user for future airdrops, and it also details past requirements ( in terms of the number of tokens held) from previous projects in addition to some other tasks.

To qualify for future airdrops, we recommend that participants hold about $200 worth of the following tokens listed in their order of importance: ATOM, OSMO, JUNO, SCRT, and LUNA. Note also that for many airdrops, the allocation received by each participant is based on the amount of the tokens mentioned above that are held. Therefore, keep in mind that the more you stake, the more the amount of airdrop you will likely get.

Read also:

You qualify for airdrop as long as :

This means as long as you know your seed phrase, or as long as your tokens are not staked with a centralized validator, you are eligible for the airdrop.

In essence, the answer to the question raised above is YES, as long as the above criteria are fulfilled. Examples of some wallets you can fulfill the first criteria stated above are Atomic, Exodus, Crypto.com defi wallet. However, when the distribution of the tokens takes place, you may not see them in the wallets just mentioned, and there may still be a need for you to import your assets into the Cosmostation or Kepler wallets. By doing this, you may be able to access or claim them.

There isn’t a ‘one answer for all to this question. This is because the way participants will gain access to the airdrops depends on the project team’s decision. Sometimes participants may be required to claim the tokens. Sometimes, the tokes will appear in the participant’s wallet after it is distributed, and no further actions may be required from the participant. The project team will announce information on how the participants will receive rewards on their community pages on or before the due date.

NB: Keplr is currently the only web3/browser integrated wallet on the Cosmos ecosystem. For this reason, it may be necessary for participants to use it in claiming their rewards. Meanwhile, those who have their assets on the Cosmostation wallet will have to import their seed phrase to the keplr wallet, thereby copying the holdings on the Cosmostation wallet to the Keplr wallet.

Users are always warned as they do all these to ensure that the official keplr wallet is used and fake wallets are avoided. In doing all these, seed phrases are never given to anyone or used on any platform except for the trusted ones.

Sometimes you do not see the tokens you have claimed in your wallet as it is not always automatic. When this is the case, you have to be patient, as it may take weeks or months before they become visible in your wallet even after you have claimed.

On the other hand, if other participants are already seeing their tokens in their wallets, and yours has not appeared, then you may need to reach out to the Project team in that case on their social media platforms. 

These two wallets give you the best chances to qualify for airdrop, and so if you don’t have your tokens there, you will have to move them there. If the tokens are in other non-custodial wallets, you will have to import them into either Cosmostation or Keplr. On the other hand, if the tokens are in a custodial wallet, you will have to transfer them into a non-custodial wallet. 

If you choose Cosmostation, then note that for every airdrop, you will have to import seed phrases into a new wallet. In contrast, as long as you are connected to a dapp that uses the token to see your wallet, Keplr will automatically generate the wallets when you import the seed phrase. 

Please take note that whatever at all that requires you to create a new noncustodial wallet, you must always write down your seed phrase and keep them well, as this is the only way the wallet could be restored.

Any good validator qualifies you for an airdrop. None is better than the other, so asking for the best is not so correct. Instead, you can only have the good and bad validators. The following can help you to identify a good validator from a wrong validator:

A good validator is

A bad validator is 

The post How To Get Cosmos Airdrops? Claiming Airdrops On ATOM Blockchain appeared first on CaptainAltcoin.

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