A Beginner’s Guide to Crypto Airdrops in 2024

Patrick Scott is the Creator of Dynamo DeFi YouTube and Substack, and CoFounder of CoinBeats. In this episode, we walk through a beginner's guide to crypto airdrops in 2024. Patrick shares his experience farming airdrops across Ethereum L2s, Solana, and Cosmos, and what are best practices to identify, strategize, and participate in the biggest airdrops this year. ------ 🔗 Essential Show Links 🔗 ► Subscribe on Youtube: https://youtube.com/@defidad ► Subscribe on Apple: https://tinyurl.com/edgepod ► Subscribe on Spotify: https://tinyurl.com/edgepodspotify ► Subscribe on Linktree: https://linktr.ee/edge_pod ► Follow DeFi Dad: https://twitter.com/DeFi_Dad ► Follow Nomatic: https://twitter.com/Nomaticcap ► Learn about DeFi and Web3: http://defidad.com/ ------ The Edge Podcast Sponsor Resources 🥩 ETHER.FI | LIQUID STAKING AND RESTAKING ALL-IN-ONE 🥑 INSTADAPP | THE NEW AVOCADO WALLET AND MULTISIG 🦊 METAMASK PORTFOLIO | TRACK AND MANAGE YOUR WEB3 EVERYTHING 🧑‍🌾 MANTLE | THE ETHEREUM L2 FOR TOP NATIVE YIELDS 🙋‍♀️ Interested to sponsor The Edge Podcast? Fill this out! ------ Timestamps 0:00 - Intro 4:57 - Patrick's background 7:06 - 2017-cycle nostalgia 9:28 - Returning to crypto in 2020 15:35 - What is Dynamo DeFi? 19:03 - Tools to find airdrop alpha 22:47 - Most interesting narratives in 2024 26:11 - Which narrative(s) have topped out? 30:16 - Cosmos staking for airdrop 34:13 - Multichain is here to stay 37:00 - Defillama airdrops 38:05 - Finding protocols with points programs 39:01 - Consider protocol investors as signal 40:23 - Playing the Eigenlayer airdrop 44:51 - The best Solana airdrops 46:20 - Why Patrick is prioritizing StarkNet's airdrop 47:48 - Why less user-friendly chains may have better airdrops 48:23 - Why Patrick is prioritizing Linea's airdrop 48:51 - Why zkSync's airdrop could be crowded 49:44 - Closing ------ 🔗 Guest Links 🔗</p> ► Dynamo DeFi Website: https://dynamodefi.com/ ► Patrick on Twitter: https://twitter.com/Dynamo_Patrick ► Dynamo DeFi on Youtube: https://www.youtube.com/@DynamoDeFi ------ 🙏 The Edge Podcast is produced by 4RC Labs. If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/ All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. 4RC is invested in zkSync and recently invested in ether.fi. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.