The market is cold, and a list of 7 potential airdrop projects worth paying attention to in the near future

Author: Fairy, ChainCatcher

Edited by: TB, ChainCatcher

Yesterday, Bitcoin fell below $77,000, Ethereum lost $1,800, and altcoins were even more "bloody". In this haze of the market, anxiety seems to be an inevitable emotion, but why not change the angle and look at the future? The upcoming airdrop project may be hiding an undiscovered gem waiting for the next wealth to explode.

This article will take stock of projects that are about to airdrop or have potential airdrop opportunities in the near future, and will take you through the market fog and capture future opportunities.

Quick overview (Time is tight? Just look at the key points)

The airdrop process of Nillion and Babylon has been started, and users who meet the conditions can participate as soon as possible.

Caldera and Sign have released 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 and can be planned in advance.

Here is a summary of known core information:

Interpret one by one, a look at the project background and airdrop

progress

Privacy and Security Computing Network

Nillion

Since its inception in 2021, Nillion has benefited from its unique concept of “blind computing” network. The network combines privacy enhancement technologies such as multi-party computing (MPC), fully homomorphic encryption (FHE) and trusted execution environment (TEE) to ensure that the data is always encrypted throughout the entire computing process.

Nillion provides developers with rich tools to support the construction of privacy applications in areas such as artificial intelligence, DeFi and data storage, and promote the development of decentralized privacy computing.

Airdrop progress:

Nillion will open airdrop inquiry on March 13 .

When designing the airdrop matrix, the Nillion team identified three main categories:

• Community Value
• Developers and open source contributions
• Validator Program Engagement

Airdrop exclusion object

Two categories of participants will not be included in the airdrop:

• Very low-engagement Secret Submitter: Only 4 Secrets were submitted, no ETH was pledged, no Discord role was obtained, and no Nill Pill NFT was owned.
• Late-stage validators with extremely low participation: participating in verification after September 14, 2024, not staking any ETH, not obtaining a Discord role, not owning Nill Pill NFT.

In addition, witch attacks and airdrop "brushes" will also be removed, and even if the qualification inspector shows that they meet the criteria, these accounts will not be included in the airdrop list.

Bitcoin staking protocolBabylon

Babylon is a staking protocol, and its core component is a POS public chain compatible with Cosmos IBC. It can lock Bitcoin on the Bitcoin main network to provide security for other POS consumption chains, and at the same time obtain staking income on the Babylon main network or POS consumption chain.

Airdrop progress:

Airdrop registration is in progress and will end at 4 pm (Beijing time) on March 15.

During registration, users can create a BABY address and link it encryptedly to the Bitcoin wallet used for staking or other eligible active account to receive airdrops when Babylon Genesis is started. For users who missed this round of registration due to wallet compatibility restrictions and other reasons, Genesis may still have a second chance to receive it after it is launched.

Groups that meet the empty investment scope:

• Stakeholder for Phase 1: Users who complete the stake before Bitcoin block height 875087 (cap 3), regardless of whether the stake is accepted or overflowed.
• Pioneer Pass NFT Holder: Snapshot was completed in Polygon Block 68305555 (approximately 07:15 UTC time, February 24, 2025).
• Phase 1 Final Provider: Final Provider who has been registered on Babylon GitHub and has been commissioned in Phase 1.
• Eligible GitHub Contributor: Snapshot was completed at 08:00 on February 23, UTC time.

In addition, participating in Binance financial activities, wallet activities, etc. may be eligible for additional airdrops. Meanwhile, specific social media contributors will also receive airdrops.

L2 Blockchain Caldera

Caldera focuses on building high-performance, customizable and application-specific second-tier blockchains. These custom blockchains (Caldera Chains) offer high throughput, low latency and customizable capabilities to optimize the performance and user experience of decentralized applications and be able to process hundreds of transactions and confirmation times per second. Caldera enables anyone to get up and run a dedicated, high-performance second-tier blockchain “Rollup”.

Airdrop progress:

On February 19, the Caldera Foundation announced that it will launch ERA tokens through retrospective airdrops this year. Information on token economic model, token use, initial supply allocation, etc. has not yet been released.

Full-chain authentication protocol Sign

Sign Protocol is a full-chain authentication protocol that allows users to freely authenticate and verify any information on the chain. Sign provides a suite of tools, infrastructure and standards to create a future where all claims and assertions for the network and the world around them are driven by verifiable certification.

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 released information on the space investment space, mentioning the acquisition criteria for four types of SBTs that can be obtained from airdrops.

• SBT (Soulbound Token): A non-transferable badge of honor.
• NFT: Tradable version of SBT.

Users holding SBT and NFT will receive $SIGN airdrop.

1. Community supporters: Actively support members of the Sign and Orange Dynasty communities, and the criteria for judging include community interaction frequency, interaction quality, whether to use AI to generate content, and whether they are truly emotionally devoted.

2. Iron-core members: Request to actively participate in Orange Dynasty activities, including but not limited to continuous high-quality participation in the daily Orange Dynasty calendar on X platform, continuous high-quality participation in daily tasks on Telegram, and continuous activeness in Sign’s Twitter Spaces.

3. Outstanding content creators: In order to actively and enthusiastically create and explore content, evaluation criteria include: enthusiasm for creating content, creative content, sustainability and improvement of content, openness and feedback on other people's content.

4. Core Builder: It requires extraordinary contributions to Orange Dynasty, and the specific evaluation criteria vary from person to person.

Potential airdrop project

Full-chain Rollup Network Initia

Initia is a full-chain Rollup network built by converging novel L1s with application-specific L2 infrastructure systems. The Initia platform provides product-ready Rollup that enables teams to build scalable sovereign systems while eliminating the user experience complexity 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, Initia's official X account posted a message "March.", which may suggest that there will be major events in March.

On March 7, Initia announced that it would close its wallet expansion service at 3:00 a.m. on March 18 (UTC).

On March 10, Initia announced that the initialization of the main network has reached 90%.

Judging from the latest official progress, Initia may be close to TGE and ecological development is about to enter a new stage.

Full-chain liquidity infrastructure StakeStone

StakeStone is a full-chain liquidity infrastructure. Unlike the POS staking pool and resting pool protocols, the platform is more focused on building liquidity distributions for ETH, BTC and stablecoins. Whether it is helping assets generate interest through dynamic adjustments or providing full-chain liquidity to multi-chain ecosystems.

Project News

On February 28, StakeStone tweeted, "If users hold assets such as STONE/SBTC/STONEBTC/BERASTONE, they need to continue to hold. Stay sharp and be ready at any time." It also comes with camera photos, or suggests that airdrop snapshots will be taken soon.

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 features the use of parallel execution and GPU acceleration technologies to enhance blockchain network throughput and computing efficiency. In addition, it uses zero-knowledge proof technology to ensure comparable security to Ethereum.

Project News

On March 3, Reddio announced that it had completed its first snapshot and will release information on white papers, token economics, mainnet and snapshot queries one after another.

On March 8, Reddio announced the token name RDO. In addition, as the main network launch approaches, the name of the test network token will also be updated.