Unveiling the Top-Tier zkPass Airdrop.
The cryptocurrency market has recently quieted down compared to its bustling activity just a month or two ago. The primary catalyst for this lull is the downward trajectory of Bitcoin’s value, which has precipitated a ripple effect of negativity across all alternative coins.
However, regardless of market fluctuations, the pursuit of Airdrops remains as heated as ever. After thorough research, we have identified an Airdrop opportunity that holds immense potential, backed by formidable supporters and a solid project.
This is the zkPass Airdrop. Let’s delve into this project and discover how to participate in the zkPass Airdrop right away.
Criteria for selecting Airdrop.
Currently, the occurrence of airdrops in projects has become incredibly common and is almost an expected event when new tokens are launched. However, this has also led to an oversaturation of airdrop opportunities in the market, making it impossible for users to participate in every single one.
Understanding this, we have tried to explore some airdrop projects worth paying attention to and considering spending time on. The criteria for selecting airdrops to share are as follows:
- The project has confirmed it will have an airdrop.
- The project has strong backers and financial resources.
- Low cost to participate.
- It can be done manually without the need for bot farming.
- No referral code required.
With these criteria, the profit opportunities from these airdrops seem quite promising. Without further ado, let’s delve into the detailed guide on how to participate in the zkPass airdrop.
The zkPass Airdrops
What is zkPass?
zkPass (Zero-Knowledge Pass) is a project building infrastructure based on zkProof (Zero-Knowledge Proof) technology for verifying information.
Think of zkPass as a special pass that lets you prove something about yourself without giving away private details. It’s like having a VIP badge that says “I’m allowed here” without showing your ID.
Here’s a simple example: Imagine you want to join a club that only allows members who are 18 or older. Normally, you’d show your ID to prove your age. But with zkPass, you can prove you’re old enough without revealing your birth date or any other personal info.
How does zkPass know you’re telling the truth? It checks other places where you’ve already proven who you are, like your Binance account where you’ve completed a KYC (Know Your Customer) process. zkPass uses that previous check to vouch for you, so you don’t have to share your details again.
So, if you’ve already proven you’re over 18 on Binance, and you want to join that club, zkPass will confirm you’re good to go based on Binance’s word, and you won’t need to share your birth date or any other personal info with the club or zkPass itself. It’s a way to keep your private information safe while still getting to do what you want online.
zkPass Airdrop
The project has successfully raised $2.5 million and boasts investment from esteemed and experienced backers such as Binance Labs, OKX Ventures, Sequoia Capital, among others. Given the high probability of additional capital being raised for further development, this project stands out as exceptionally promising.
The cost to participate in this airdrop is approximately $10.
To qualify for the airdrop, you need to mint credentials on zkPass. As illustrated above, these credentials serve as a trust mechanism allowing zkPass to vouch for you without revealing your personal information.
Upon minting these credentials, you will receive a type of point known as zkp credit. These credits can be exchanged for zkPass tokens at a 1:1 ratio once the project’s tokens are listed on an exchange. This means the more zkp credits you have, the more tokens you’ll receive—a straightforward and user-friendly system.
This announcement is indeed a positive development for airdrop participants due to its clarity. You will know exactly how many tokens you’ll receive from the airdrop at the time of action, eliminating the need to speculate about the airdrop tiers and their respective thresholds.
Step by step guide
Step 1:
Prepare a wallet on the Arbitrum network. We recommend using the KEYRING PRO Wallet for its security features, versatility, and ease of use. Additionally, ensure you have $ETH in your Arbitrum wallet to cover transaction fees.
Why choose Arbitrum? For its cost-effectiveness. While you’re free to connect wallet addresses from other networks supported by zkPass, we can’t guarantee that transactions will always come with low fees.
Moreover, we can’t promise that Arbitrum will always have the lowest fees, but from a subjective standpoint, using the Arbitrum chain is likely to save you some money on transaction costs.
Step 2 (Optional):
Consider downloading the zkPass extension. While this step is not mandatory, installing the extension can simplify your interactions. If you choose to install it, using a dedicated browser is best for enhanced security and easier management. Alternatively, you can skip this step if you prefer not to install extensions.
Step 3:
Visit the project’s website, connect your wallet, select from the available options, and start minting credentials. Each credential will earn you points, so aim to complete as many as possible to maximize the airdrop amount you’ll receive.
Sử dụng KEYRING PRO Wallet để kết nối một các dễ dàng:
- Chọn vào Icon Connect Wallet trên trang
- Chọn option Wallet Connect để lấy QR code.
- Mở app KEYRING PRO Wallet, để scan QR code.
- Chọn địa chỉ ví và kết nối.
- Bạn có thể chuyển mạng sang Arbitrum hoặc bất kì chain nào có hỗ trợ.
Begin with the Schema Market, which offers numerous minting options and is one of the simplest to start with, such as linking X (former Twitter), Discord, or if you have a KYC-verified account on Binance, etc.
- Select the option you wish to verify.
- Read its requirements.
- Agree to the terms.
- Click on ‘Attest Now’
- Depending on your choice, you will be directed to the respective page.
- Once you meet the eligibility criteria, the “Start” button will light up, and you can press it to begin.
- The zkPass system will then initiate to verify.
- After verification, zkPass will send the information to the blockchain, and you will receive a confirmation request on the KEYRING PRO Wallet app.
- Confirm the request and wait for the process to complete.
Step 4 (Optional, but Recommended):
Simply follow zkPass’s X page. While it’s not mandatory, it’s advisable to do so in order to stay informed about crucial updates such as new tasks or the token exchange date. You wouldn’t want to miss out on this information, would you?
Overview of Airdrop Opportunities
An airdrop can be seen as a token of gratitude from a project to all those who have contributed, built, and accompanied the project from its early testnet days. It can be understood as a gesture of appreciation to those who supported the project from its difficult and less-known beginnings.
If you’ve been involved in the crypto market from the early days, you might remember that airdrops weren’t as common as they are today. The number of projects confirmed to have airdrops was very few, but the amounts distributed were significant. Some famous airdrop instances from the past include:
- Uniswap (UNI): The largest airdrop in crypto history, distributing $6.43 billion worth of $UNI tokens on September 16, 2020, calculated at the token’s all-time high (ATH) price of $42.88.
- Apecoin (APE): The second largest airdrop, distributing $3.54 billion worth of $APE tokens on March 17, 2022, at the token’s ATH price of $23.63. Apecoin’s airdrop rewarded Yuga Labs ecosystem holders with up to 10,950 tokens, worth $258,737.
- dYdX (DYDX): The third largest airdrop, distributing $2 billion worth of $DYDX tokens on September 8, 2021, at the token’s ATH price of $26.80.
Over time, the practice of projects airdropping tokens to users has become much more common, and at some point, having an airdrop has become customary. However, users expecting projects to have airdrops can also be a positive thing.
When a project confirms an airdrop, users are more motivated to test the product, which helps the development team improve the project, add features, fix bugs, etc. It can be seen as a win-win situation.
However, when this becomes too common, every project tries to use airdrops to attract users, leading to an abundance of airdrop projects in the market, confusing users about which projects to choose for airdrop farming.
Time is limited, and the requirements to receive airdrops are increasing, demanding users to invest more time and effort to receive and profit from airdrop farming. Therefore, the key in airdrop farming is to choose a good project that matches the cost and effort invested.
KEYRING PRO Wallet: Essential for Crypto Enthusiasts
When engaging in cryptocurrency activities, especially during airdrop events, a secure, protected, and reliable wallet is essential.
As you participate in various airdrop opportunities, it’s advisable to use multiple wallet addresses to safeguard your assets. This ensures that if one project turns out to be unfavorable, your funds in other addresses remain secure.
The KEYRING PRO Wallet is an exceptionally sensible choice, allowing you to create numerous wallet addresses across different chains. Its user-friendly interface makes managing these addresses incredibly easy.
In recent updates, KEYRING PRO Wallet has introduced many useful features such as viewing top coins across chains for easy market tracking, in-app direct exchange, liquidity pool monitoring, and more.
For more details on the updates, please visit these update articles:
>> KEYRING PRO Wallet 3.5.0 Update – KEYRING PRO
>> KEYRING PRO Wallet 3.4.0 Update – KEYRING PRO
>> KEYRING PRO Wallet Update 3.3.0 – KEYRING PRO
With such conveniences, download the KEYRING PRO Wallet now and start experiencing its benefits immediately.
