Insane Airdrop Hunting Strategy

Steal this airdrop hunting strategy, plus other hidden gems on today's issue.

Mar 24, 2023

Hey, friend!

It’s the 6th edition of Gems Corner. Today, we’re shining a light on an insane airdrop hunting strategy, web3 VCs & other alpha bits.

Enjoy the gems.

Arbitrum’s airdrop announcement on the 16th of March, 2023, activated an airdrop sentiment in the entire crypto industry. Ever since, many articles, Twitter threads, and tweets have been talking about the next big airdrop and strategies.

They are all great strategies, and I’ve implemented most of them. But this newsletter will teach you about an underrated airdrop-hunting strategy that most people don’t know about.

Ready? Let’s dive in.

Conor @jconorgrogan

cryptocp0x.nft could be the best airdrop hunter in all of crypto: -Has claimed more significant airdrops than any other address on Ethereum -Possesses "highest degen score" ever IMO its far better ROI to track folks like this on-chain vs follow the airdrop influencers on twitter

Conor, in his thread, talked about the best hunter of all crypto and most of his top claims. I’ll tell you how to steal his strategy in a few steps.

Step 1: Visit Debank and create a profile (if you don’t already have one)

Step 2: Search for “cp0x_1” or any airdrop genius you can find and follow them.

Step 3: Click on the “history” tab to see their most recent protocol interactions and mints. And, check their activities to know what they’re aping.

Step 4: Check those protocols if they have tokens or not. If they don’t; you know what to do.

Step 5: Also follow them on Twitter to keep up with their project interactions.

As simple as this strategy may be, yet effective and potent. Most of these whales are part of premium research/alpha communities and DAOs, and keeping up with their trades helps you replicate their results.

I’ve made some bucks using this strategy, don’t fade it, anon.

Web3 VCs Landscape

According to a recent report by Coinstack, A16z Crypto, Binance Labs, and Multicoin are the leading crypto venture capital funds globally, with a combined investment size of about $17 billion.

The exciting part is that in February 2023, $872 million was invested in crypto firms, up 52% from $574 million in January 2023.

This indicates that investors have not lost confidence in crypto/blockchain firms, that’s why they’re still deploying more capital into the space. We are still early.

To stay ahead in crypto and discover hidden gems early, you need to uncover where venture firms are deploying capital. You can get this on Messari or DeFillama, to mention a few.

Chart of the Day

These are the statistics of the Arbitrum Aidrop Cliams as of the time of writing. I expect to see Arbitrum pick up steam in the coming months following the Aidrop liquidity injection.