4 Airdrop Projects to Watch: Nillion, Babylon, Caldera, and Sign Have Initiated Their Airdrop Processes

Yesterday, Bitcoin fell below $77,000, Ethereum dropped below $1,800, and altcoins were "bleeding heavily."

Author: Fairy, ChainCatcher

Editor: TB, ChainCatcher

Yesterday, Bitcoin fell below $77,000, Ethereum dropped below $1,800, and altcoins were "bleeding heavily." In this gloomy market, anxiety seems to be an unavoidable emotion, but why not change perspectives and look to the future? The upcoming airdrop projects may be hiding an undiscovered gem, waiting for the next wealth explosion.

This article will review recent projects that are about to airdrop or have potential airdrop opportunities, guiding you through the market fog to capture future opportunities.

Quick Overview ( Short on time? Check the highlights directly )

Nillion and Babylon have initiated their airdrop processes, and eligible users can participate as soon as possible.

Caldera and Sign have announced some airdrop information, but specific rules are still pending disclosure.

Projects like StakeStone and Initia have not yet officially announced, but there are signs indicating potential airdrop opportunities, allowing for early positioning.

Here is a summary of the known core information:

Project | Main Project Category | Token Symbol | Latest Progress

_:_:_:_:

Nillion | Privacy Secure Computing Network | NILLION | Has begun airdrop queries and will not be included in the airdrop.

Babylon | Bitcoin Staking Protocol | BABY | Registration for the airdrop has begun and will end at 4 PM (Beijing Time) on March 15.

Caldera | L2 Blockchain | ERA | Plans to launch the token this year through a retrospective airdrop.

Sign | Full-Chain Certification Protocol | SIGN | Will airdrop tokens to users holding SBTs and NFTs.

StakeStone | Full-Chain Liquidity Infrastructure | STONE | May carry out a snapshot for the airdrop.

Initia | Full-Chain Rollup Network | INIT | May launch the token and the mainnet.

Detailed Analysis of Project Background and Airdrop Progress

Privacy Secure Computing Network Nillion

Since its establishment in 2021, Nillion has benefited from its unique concept of a “blind computing” network. This network combines privacy-enhancing technologies such as Multi-Party Computation (MPC), Fully Homomorphic Encryption (FHE), and Trusted Execution Environments (TEE) to ensure that data remains encrypted throughout the entire computing process.

Nillion provides developers with a wealth of tools to support the building of privacy-focused applications in areas such as artificial intelligence, DeFi, and data storage, promoting the development of decentralized privacy computing.

Airdrop Progress:

Nillion will open airdrop queries on March 13.

In designing the airdrop matrix, the Nillion team identified three main categories:

Exclusions from the Airdrop

Two categories of participants will not be included in the airdrop:

Those who did not use their own email address to register a Nillion account.

Those who did not complete at least one task on the Nillion platform.

Additionally, witch attacks and airdrop “bots” will also be excluded; even if the eligibility checker shows compliance, these accounts will ultimately not be included in the airdrop list.

Bitcoin Staking Protocol Babylon

Babylon is a staking protocol, with its core component being a POS public chain compatible with Cosmos IBC, allowing Bitcoin to be locked on the Bitcoin mainnet to provide security for other POS consumer chains while earning staking rewards on the Babylon mainnet or POS consumer chains.

Airdrop Progress:

Airdrop registration is currently ongoing and will end at 4 PM (Beijing Time) on March 15.

During the registration period, users can create a BABY address and link it to their Bitcoin wallet or other eligible active accounts for staking, to receive the airdrop when Babylon Genesis launches. For users who miss this round of registration due to wallet compatibility issues, there may still be a second opportunity to claim after the Genesis launch.

Eligible Groups for this Airdrop:

Early users of the Babylon testnet.

Active users of the Babylon ecosystem, such as those who have participated in community events or contributed to the ecosystem.

Users who are closely followed by the official Babylon accounts on social media platforms.

Moreover, participation in Binance financial activities, wallet activities, etc., may qualify users for extra airdrops. Specific social media contributors will also receive airdrops.

L2 Blockchain Caldera

Caldera focuses on building high-performance, customizable, and application-specific second-layer blockchains. These customized blockchains (Caldera Chains) offer high throughput, low latency, and customizable features to optimize the performance and user experience of decentralized applications, capable of processing hundreds of transactions per second with sub-second confirmation times. Caldera enables anyone to launch and operate dedicated, high-performance second-layer blockchain “Rollups.”

Airdrop Progress:

On February 19, the Caldera Foundation announced that it