While the innovation of Layer-2 solutions is more to those who understand cryptocurrency, one mainstream adoption where the convenience of digital asset solutions is more obviously apparent is in the world of casino gaming. Although the casino industry has made considerable strides in innovation and fresh ideas over the last few years, gambling with Bitcoin is starting to become a new avenue of profit for these colossal institutions. Ignition Bitcoin casino gambling is already gathering serious momentum. Increased speed, direct seamless deposits, better security, and more flexibility are reasons crypto gambling is gaining momentum.
Ultimately, the big selling point is convenience - anything that makes an experience more convenient contains an intrinsic value, and this is where Bitcoin casinos and groundbreaking Layer-2 scalability solutions share common ground.
Although Arbitrum (ARB) stirred up a lot of publicity with their airdrop early in 2023, it’s a tried and tested method of generating authentic publicity for your project within the cryptocurrency space. The first recorded airdrop occurred nearly a decade ago, in 2014 when Icelandic digital currency project Auroracoin announced they would be airdropping to investors and traders who matched a specific set of criteria.
The beauty of airdrops is that they remain ambiguous; there’s no set way of guaranteeing you’ll be a recipient. Although many follow similar blueprints, and often if you cover the bases set by previous airdrops, you’ll be in with a decent shot of landing some airdropped tokens, some projects have a different set of criteria.
Some traders who realized how big this airdrop could be only started ticking boxes just before the airdrop was announced and still ended up with over $1,000 worth of tokens. Airdrops seem too good to be accurate, but the fact remains that they’re specific for people who understand cryptocurrency and how it works.
While all of this may seem too good to be true, the fact remains that people don’t know if a project will airdrop, they risk their capital and bridging fees without having the guarantee of an airdrop, and this in itself is the inherent risk. However, it paid off for Arbitrum holders, with over $100 million worth of the token airdropped to investors.
Those who market airdrops as an easy way to make free money don’t understand the bigger picture. Although the risk-reward ratio is much better than investing outright in projects, you could still be left with overheads if the project decides to go down another advertising avenue instead of airdropping. They’re another area that the SEC is clamping down on; the publicity a potential airdrop brings to a project is invaluable in the long run.
Some traders made tens of thousands of dollars from the Abritrum airdrop once it hit the big exchanges. However, it has left many wondering where the next ample opportunity will come from, and for many, the next colossal airdrop opportunity takes the form of ZkSync.
The full title of ZKSync is Zero-Knowledge network, but to qualify for a cryptocurrency airdrop, you certainly need some degree of knowledge. Although ZKSync has yet to announce an airdrop, the common belief amongst cryptocurrency traders and enthusiasts is that one is imminent.
Despite the resounding success of Arbitrum, the initial funding pool for ZkSync is more than four times larger than Arbitrum, and this should give traders an indication as to the size of the potential airdrop that could be on our hands. If the project confirms an airdrop, the qualifications to receive the token are yet to be announced.
However, so long as you bridge funds to ZkSync, interact with the Lite and Mainnet ecosystems, and continue to engage with the community, you give yourself a viable and realistic possibility of qualifying for an airdrop.
If you match the criteria and a few external factors provide a suitable foundation for Zksync airdrop tokens when they go live, such as a crypto bull run, then this airdrop will be enormous. By every conceivable measurement, it should be more significant than the Arbitrum airdrop, especially if it coincides with the halving next year and positive price action with the digital asset space.
Professional traders and avid cryptocurrency experts are cautiously optimistic that ZkSync will result in serious gains if it announces an airdrop. However, given that we are still a few months away from any mention of an airdrop, it is best to keep a balanced perspective.