Sui,ChainGPT,BoxBet Launch Airdrops to Engage Communities

As the second week of April begins, several crypto airdrops are set to capture the attention of market participants. Some projects are launching airdrops this week to engage communities and reward early adopters. Here’s a look at the most anticipated airdrops.

The Sui network, which has raised up to $385.37 million in funds, announced a “community passport.” Participants can mint the community passport to prove their humanity and qualify for airdrops from the projects in the Sui ecosystem. The passport only costs a few cents. The Sui community account noted that there is a high chance that participants will receive airdrops from owning these NFT (non-fungible token) Passports in the future. The Sui Foundation has historically stated that no broad public airdrops are planned for the SUI token. Instead, it focused on targeted rewards via programs like the Community Access Program (CAP). However, ecosystem projects on Sui, such as SuiNS, DeepBook, and Suilend, have conducted their own airdrops. Besides the Mint NFT for the Sui community passport, which opened on April 2, there is also the Seal testnet. Sui creator MystenLabs launched Seal, giving developers an on-chain access control and threshold encryption. This enables data management for encrypted storage, gated content, and private messaging, among other uses. Participants can test Seal and potentially qualify for future rewards.

ChainGPT, an AI-powered platform running on the BNB Chain, is another crypto airdrop to watch. The CGPT token powers its ecosystem with a burn mechanism to reduce supply. ChainGPT collaborated with GT Protocol to launch an airdrop campaign, which commenced on March 26 and will run until April 16. The campaign features a $50,000 prize pool distributed in GTAI tokens. Rewards are structured across various leaderboard tiers and a lottery system. This campaign presents multiple opportunities for airdrop participants to earn points. More than 6,100 participants are reportedly already engaged in this campaign, positioning themselves to earn GTAI tokens. However, eligibility for allocation is based on the respective user’s level of participation and point accumulation.

BoxBet is also on the radar for the top crypto airdrops this week. It is an iGaming platform that connects directly with Telegram’s extensive network of millions of users. The platform features a well-designed, straightforward interface, and users can start gaming within 60 seconds. It launched in 2024, backed by tier-one investors and powered by BXBT. BoxBet is hosting the BXBT token airdrop, distributing 5,000,000 BXBT tokens to users. Eligibility is based on individual participants’ betting volume. The project will take a snapshot of the leaderboard at the end of the airdrop period. Thereafter, eligible participants will receive their token allocations on a pro-rata basis. To help maintain token stability, the rewards will be released over a three-month vesting period. Following the conclusion of the airdrop, users can claim their BXBT tokens in three equal installments.

In summary, the second week of April sees several notable crypto airdrops, including those from the Sui network, ChainGPT, and BoxBet. These airdrops aim to engage communities and reward early adopters, with each project offering unique incentives and participation requirements. The Sui network's community passport and Seal testnet provide opportunities for data management and future rewards. ChainGPT's airdrop campaign on the BNB Chain offers a substantial prize pool and multiple earning opportunities. BoxBet's airdrop, powered by BXBT, focuses on betting volume and token stability through a vesting period. Participants in these airdrops should monitor official channels for updates and conduct thorough research to maximize their chances of earning rewards.