Arbitrum’s ARB token signifies the start of airdrop season — Here are 5 to look out for

Arbitrum developers announced an airdrop of its governance token, ARB, to eligible users and DAOs on the Ethereum Layer-2 platform. An average user received around

Sui Network

Sui Network is a Move-based Layer-1 blockchain, similar to Aptos, born from the ashes of Meta’s failed blockchain project, Libra. Evan Cheng, who formerly headed Meta’s crypto wallet’s research and development unit, became the CEO of Mysten Labs, the team developing Sui.

Aptos Labs launched the blockchain’s native token, APT, on October 18, 2022, airdropping 20 million tokens to eligible users who minted a specific NFT on the Aptos testnet. On launch day, the airdrop was worth over $1,500. Sui testnet users can expect a similar airdrop upon mainnet launch in Q2 2023.

On March 21, Mysten Labs launched a Wave to Mainnet campaign, including a “series of events and content to further educate the community about the potential for Sui protocol.” Participating in the Sui campaigns and developing the digital footprint on the testnet can improve the chances of earning a future airdrop.

Sei Network

Sei Network is a Cosmos-based Layer 1 blockchain focusing mainly on DeFi and high-frequency trading applications.

The blockchain comprises basic applications such as an order-matching engine and a unified liquidity model across the platform to enhance trading experience. The project is backed by industry heavyweights like Multicoin Capital, Coinbase Ventures and Delphi Digital.

The team launched its incentivized testnet in Q2 2022 with various mission and NFT minting campaigns along the way. Users who participated in these events will likely receive an airdrop upon mainnet launch. The team has hinted the launch will happen shortly.