three upcoming crypto airdrops to watch out for in march remember cryptocurrencies are associated
with a high degree of risk so it goes without saying that you should do your own homework
before investing the recent russia ukraine crisis has seen many facets of cryptocurrencies which
many had not ventured into from crypto donations to using cryptos as an alternative mode of payment
service to now crypto airdrops and though the concept is not something new in the crypto world
but with ukraine announcing a promotional airdrop as a reward to those who have helped the country
in funding its war against russia has created a buzz in the market
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ukraine had raised us 47 million dollars through donations and leading cryptocurrencies
such as bitcoin ethereum polka dot and more an airdrop is primarily involving crypto projects
sending free tokens to a select few of the loyal community members with an intention to encourage
adoption another goal of the airdrop is to ensure a fair distribution of tokens and the overall
interest that gets generated reflected in the tokens price increase let's now take a look
at a few of these crypto airdrops that have been creating a buzz in the month of march
matrix ai network developed as a fusion of new generation blockchain and artificial
intelligence technologies the matrix ai network helps in building revolutionary crypto that is
quicker flexible and provides high class security under malicious attacks the matrix ai network is a
collection of nft's game characters that explores the undersea world and set in the mysterious and
borderless ocean the ocean park is a blockchain based game that allows users
to collect resources and unique characters such as sharks dolphins squids and more the matrix
ai network will be governed by its native token man or man and the airdrop is expected to take
place between 5th march and 16th march the total airdrop amount will be 30 000 nfts the man token
was trading at us 0.019499 with a trading volume of 394 752 u.s dollars as for coin market cap
mind music mind music is one of the unique record labels which is powered by cryptocurrencies
as a record label it has been gaining traction largely due to the buyback and token burns for
its holders and according to the website 20 of the total profits from the record label will be
used to buy and burn the rest will be donated to suicide prevention and mental health charities
the mind music nfts are a collection of publicly available nfts which gives users access to a
physical copy of the mind record's very first physical album release the mind music will be
governed by its native token mnd and the airdrop is expected to take place between the 7th of march
and 16th of april the total airdrop amount will be 30 000 nfts the mnd token was trading at us
2 dollars and 3 cents for the trading volume of u.s 120 392 as for coinmarketcap gems esport 3.0
platform gems is an esports nft social sharing portal that aims to connect the blockchain based
gamers and convert game phi into the next esports the gems esports 3.0 platform exposes the young
gamers to the concept of new sharing economy as a minivest game it offers a 360 degree fully
immersive gaming experience and the gems airdrop will be a collection of 1000 nfts and is expected
to take place between the 15th march and 21st of march a few can win prizes worth us 100 000
so in conclusion overall airdrops seem to be one of the quirkier ways to promote a project and
expand its adoption but as a market participant one should also be wary of various scam projects
that claim to give you air drops and get the details it is critical that the market
participants do their proper research before getting swayed by the freebies if you do like
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