Camp Network launches Act 2 of its incentivized testnet, rewarding users with NFTs and points for engaging with its AI-driven blockchain.
Amidst a broader lull in the altcoin market, crypto airdrops remain a prevalent scheme for portfolio diversification. They provide an easy entry into promising projects, requiring little to no initial capital.
As the second week of July commences, several projects have announced airdrop-related developments. The following is a list of projects with notable financial backing worth considering for airdrop opportunities this week.
Backpack, a blockchain service project, is the first crypto airdrop opportunity to consider this week. The project boasts up to $37 million in funding and is backed by investors such as Delphi Ventures and Multicoin Capital.
Jump Crypto led the tier 2 fundraiser, featuring Robot Ventures, Amber Group, and Wintermute.
On July 3, Backpack announced the launch of Season 2 of points farming, urging participants to continue trading on the exchange to increase their trading volume. In return, users receive an airdrop from the project.
This season will run until September 11, and the promotional campaign by Backpack Exchange will reward users with free tokens for trading activity.
The project runs on the Solana network. To participate, users must register on the exchange, complete KYC verification, and trade assets (excluding USDT/USDC pairs) to earn points based on trading volume.
Higher volumes increase potential rewards, including Backpack’s native token or other ecosystem tokens like Mad Lads NFTs.
Citing internal communications, airdrop farmer Mad Jack said the Backpack token launch will drop as a reward for exchange activity like getting referrals, generating volume, and holding positions, among other criteria.
“Huge range of course but I think it is safe to speculate we are talking about a 9+ figure airdrop,” Jack stated.
Notably, data on Cryptorank.io shows a confirmed status for Backpack airdrops farming, running up to September 11.
Another crypto airdrop to watch is D3, a blockchain service that has raised $30 million in funding. Though still in potential airdrop status, it enjoys strong backing, featuring investors such as Paradigm, which led the first-tier fundraiser. Other participants in the stage include Coinbase Ventures and Sandeep Nalwal.
Part of the funding comes from the $25 million raised in January. The project rewards users for minting domains in four networks: ApeChain, Core, Shiba, and Viction.
Notably, airdrop farmers must spend some money on this activity. However, this earns participants a place among the early users, potentially qualifying them for future airdrops from the project.
The funding goes toward developing infrastructure to support the registration and trading of website domains using blockchain technology.
Alongside minting domains, which does not have a specific deadline, D3 is also running a Nods role, which opened on July 2, and the Doma testnet, which commenced on June 24.
To farm the prospective D3 airdrop, visit D3’s website, connect a compatible wallet, verify your email, and mint a domain, which costs approximately $10 on networks like ApeChain, Core, Shiba, or Viction.
The Camp Network is also on the list of considerations for the top 3 crypto airdrops for the second week of July. This chain announced the start of Act 2 of its Incentivized Testnet only days ago, with new quests already added.
In a thread, Camp Network articulated that Act 2 would deliver a wave of builders working at the edge of on-chain IP, gaming, social, DeFi, and more.
Further, it would also remix iconic IP, experiment with co-creation, and push the limits of what’s possible when fans, creators, and AI build together. Meanwhile, Camp Network’s Act 3 is already in the pipeline.
Unlike D3 and Backpack, Camp Network rewards early users for engaging with its Layer-1 (L1) blockchain, focused on AI-driven intellectual property (IP) management.
Participation requires visiting the Camp Network testnet, connecting an EVM wallet, and completing tasks like social media engagement, daily check-ins, and minting limited NFTs.
Users also earn “Acorns” and “Matchsticks” points, which are convertible to CAMP tokens post-Token Generation Event (TGE). The project boasts up to $29 million in funding, with Blockchain Capital leading the first tier. The second tier saw 1kx, Maven 11 Capital, and OKX Ventures co-lead the fundraising.
However, airdrop farmers must always conduct their research and track the project’s official channels for first-hand information.
