"Crypto Airdrops: Kite AI, Newton, Story Protocol Offer Free Tokens Amid Volatility"

Coin WorldMonday, Feb 10, 2025 4:37 am ET
1min read

As the crypto market continues to exhibit increased volatility, traders and investors are seeking ways to protect their investments. Amid this market uncertainty, crypto airdrops offer lucrative opportunities with minimal initial investment. Airdrops distribute free tokens to attract new users and expand communities, and the following airdrops present a chance for crypto enthusiasts to earn new tokens and engage with emerging projects.

KITE AI, a Layer 1 (L1) blockchain platform tailored for artificial intelligence applications, is one such project. Built as a sovereign chain on Avalanche, it aims to create a decentralized ecosystem where AI models, data providers, and developers can collaborate effectively. The platform introduces Proof of Attributed Intelligence (Proof of AI), a consensus mechanism that ensures fair attribution and transparent rewards for ecosystem contributors. Kite AI has launched its first incentivized testnet phase called Aero, setting the stage for participants to engage in testing the network while earning points. The program features a points-based system where participants can complete various tasks to accumulate XP (experience points). Daily free XP rewards are available for chatting with AI agents, and participants can earn points through simple social tasks and referrals. Specific token allocation details remain undisclosed, but the testnet participation could be valuable for potential future token distributions.

Newton, a chain unification network, is another project to watch. The project is the handiwork of Magic Labs and Polygon Labs, built atop Polygon’s AggLayer. Newton focuses on simplifying cross-chain interactions and creates a unified user, application, and liquidity experience across blockchain networks, particularly EVM-compatible chains. Newton’s user, application, and liquidity-experienced company secured $83 million in funding and established trust with over 190,000 developers. As part of its crypto airdrop, Newton launched a Credits program where users earn rewards through various activities on their platform. Upon signing up, users receive 150 credits, with the capacity to earn more credits by completing quests in the Newton Portal. The program includes daily opportunities to earn bonus credits through activities like dice rolling. The basic participation in the Credits program is free, but future interactions with the platform may require minimal transaction fees on the Polygon network. The exact token distribution details remain announced, but the credit system suggests a potential future token allocation based on user participation and engagement.

Story Protocol is another crypto airdrop to watch this week. The project raised $

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