As interest transitions from Bitcoin (BTC) to altcoins, several crypto airdrops offer investors a chance to diversify their portfolios, providing low-barrier entries into high-potential projects.
The following projects, backed by significant investor muscle, offer airdrop opportunities for interested farmers.
Nexus
The Nexus chain is among the top crypto airdrops to watch. While it remains in the potential (not yet confirmed) status, the project has significant backing from notable investors.
Among them are Pantera Capital and DragonFly Capital, which co-led the tier-1 fundraiser. After a four-tier fundraiser, Nexus has accumulated $27.2 million and launched a community point incentive program.
To participate, users can create various components of the project and earn points. The first point distribution will be on Tuesday, July 22. Ambassadors and users with roles in Dll receive additional points.
Notably, the Nexus airdrop is linked to Nexus Labs’ zkVM-powered Layer 1 blockchain, rewarding early participants with NEX points. The points are convertible to tokens upon mainnet launch in Q3 2025.
To participate, users can join the Devnet phase and contribute computing power via a browser-based node or dedicated hardware for higher points. Additional rewards come from social tasks, creating content, or earning Discord roles.
Common
Another crypto airdrop to watch is Common, a social network boasting up to $20 million in funds raised. Notable backers or investors include DragonFly Capital, which led the first-tier fundraiser. Other participants include Coinbase Ventures and Polychain Capital.
During the second tier, venture firm ParaFi Capital led the fundraiser, alongside participants such as Hashed Fund and CMS Holdings.
Common launched Aura points in April, with the social function still open. This allows participants to perform tasks and qualify for a potential airdrop from the project. While some functions end on a given day, the project adds new ones periodically.
On July 17, Common updated the project, adding new quests for airdrop farmers to participate in and earn points.
Try Your Best
AdditionalTradersmonitor Try Your Best is a social platform with $20.8 million in funds raised. It enjoys the backing of Coinbase Ventures, among other participants like Strobe Ventures and Offline Ventures.
The founder, TY Haney, recently advertised the social platform as the future of community commerce.
The Try Your Best platform connects brands with their communities, running atop the Avalanche blockchain. On its website, airdrop farmers can complete quests and earn TYB coins, which can be converted into project tokens in the future.
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