Want to Get Rich with Crypto?
Do you want to get rich with crypto? Well, who doesn’t? There are various ways you can achieve this goal. However, it’s essential to understand that there’s no ‘one-size-fits-all’ solution.
Nonetheless, Token Generation Events (TGEs) are a good start. They’re among the best opportunities for making massive gains. Getting in early is crucial, and you can’t get much earlier than participating in a crypto TGE.
This June and July, several long-awaited TGEs are lined up. As a bonus, many TGEs also include airdrops. Here are three TGEs you should know about.
ZKsync
ZKsync is one of those TGEs that feels like it has been forever in the making. People have been farming this airdrop for over a year now. For a little background, zkSync is a Layer 2 ZK roll-up built on top of Ethereum. It uses cryptographic validity proofs, which is part of the ZK technology.
Remember, ZK tech lets you prove something without revealing crucial information. A simple example is the ‘Where’s Waldo’ picture. In the original picture, you can find Waldo and see where he’s located. However, ZK tech would show you only a picture of Waldo without showing his location in the picture.
zkSync is scalable and offers cheap transactions, storing most data off-chain. It provides the following advantages:
- Inherits security from Ethereum
- Permissionless EVM-compatible smart contracts
- Preserves smart contract composability
- Uses existing Ethereum-based wallets like MetaMask, Rabby, and TrustWallet
- Low transaction fees payable with ERC-20 tokens like USDT or USDC
Since late May, rumors about its TGE have been circulating. On June 11, the eligibility checker went live. Have you been farming zkSync? Did you qualify for their airdrop? Let me know in the comments.
LayerZero
LayerZero is an omnichain interoperability protocol. In simpler terms, it allows different blockchains to communicate with each other, much like how Android apps can communicate with Apple apps through the TCP/IP protocol. LayerZero enables Bitcoin to talk with Ethereum or Solana, and vice versa.
LayerZero is comparable to the internet for crypto. It facilitates decentralized finance (DeFi) without needing an intermediary service like a bank or government censorship. LayerZero provides a permissionless space where everyone can interact with Dapps.
Regarding their TGE, CEO Bryan Pellegrino has been active on X/Twitter, discussing the timeline. Binance mentioned that Pellegrino announced the TGE would take place in the first half of 2024. Are you ready for this TGE and the associated airdrop?
Raiinmaker
Raiinmaker, powered by AI and secured by Bitcoin, is another exciting TGE. It’s all about engagement and training AI, and you can earn rewards by participating. These rewards come in their native $COIIN token.
With Raiinmaker, you’re not just a user but also an owner, turning from a passive consumer to an active participant. The Raiinmaker Network Protocol Mainnet is set to launch on June 25, with its TGE on July 22. It’s a busy time for Raiinmaker.
Raiinmaker is a DePIN project, which is a significant narrative during this bull run. It’s an all-mobile Dapp where you can run a node on your mobile. As a validator, you contribute your computing power and confirm network transactions. You can also generate AI content and train AI models, earning $COIIN token rewards.
Earning $COIIN is gamified through lunar cycles of 29 days. You earn rewards by:
- Staking
- Burning
- ID tiers
- Multipliers
As a validator, your score is based on four factors:
- Validator
- Behavior
- Identity
- Economic score
The platform is interoperable with Bitcoin, Ethereum, and Base. For example, Base, as an L2, offers fast and cheap transactions, which is why Raiinmaker uses it. Create an account, register a node, and start mining $COIIN. Which of these three projects is your favorite, and why? Let me know in the comments.
The information discussed by Altcoin Buzz is not financial advice. It is for educational, entertainment, and informational purposes only. Any information or strategies reflect the thoughts and opinions relevant to the writer/reviewers’ accepted levels of risk tolerance, which may differ from yours. We are not responsible for any losses you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence.
