Rewards

Arbitrum

Pantera Capital

Polychain Capital

Mark Cuban

Lightspeed Venture Partners

eGirl Capital

Manifold Trading

Compound

Alameda Research

Ribbit Capital

ChainLink

Uniswap

Redpoint Ventures

Jake Seid

What Are Airdrops

History of Airdrops

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Landmark Airdrops of the Past

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Airdrop Categories in 2025

Top 2024 crypto airdrops ranked by TGE valuation in a bar chart

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Weekly volume on perpetual DEXs rose 782% YoY, led by Hyperliquid

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Evolution of the Airdrop Format

Telegram Mini App Boom After the Launch of Notcoin

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Most Anticipated and Talked-About Airdrops of 2025

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Conclusion

Auroracoin

OMG Network

Aptos

Arkham

Notcoin

Dogs Community

Gamified maze path leading to a treasure chest, symbolizing the journey to crypto airdrop rewards

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Airdrops in 2025 are evolving fast — testnets, point systems, social quests, and trading campaigns now dominate the landscape as users chase high-value rewards in the most anticipated season of the year.

2025 Airdrops Guide: Testnets, Points, and Profit Paths

Understanding Token Sales Mechanics

ICO History of the 2017–2018 Boom

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Reasons for the Decline of ICOs: Regulation and the Howey Test

Airdrops Instead of Token Sales

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The Return of the ICO Trend in 2025

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Infographic of top public token sales in June 2025 including Perena, Enso, and Hana.

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Notable Launches of 2025

How to Participate in an ICO (Using CoinList as an Example)

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What’s Next for ICOs

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Ethereum

Tezos

Optimism

Pump.fun

Rocket labeled ICO 2.0 launching with a green check shield icon

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ICOs are making a comeback in 2025, fueled by a bullish market, retail demand, and new platforms like Sonar. With projects like Plasma and Pump.fun raising hundreds of millions, token sales are evolving—not disappearing.

ICOs Are Back in 2025 with New Rules and Bigger Demand

Arbitrum is an optimistic rollup built to scale Ethereum.

"Set your reminders for the Ambassadors & Grants Program AMA... 12:30 ET"

Ambassadors & Grants AMA

"... Roll out the red carpet for the celebs of Layer 2, rollups, modular infra, #Web3 gaming, #DeFi & more."

AltLayer Rollup Day

Arbitrum Day Paris with ARB technical deep dives, ecosystem partner roadmap discussions, and networking from 9:30 AM to 5:00 PM.

Arbitrum Day Paris

"Explore the possibilities on Thursday in a special Twitter Space with team members from... 15:00 UTC"

Twitter Spaces

"Ethereum Singapore sets the stage to spotlight Web3's potential for good with real localized use cases."

Ethereum Singapore 2023

Scalability & Arbitrum

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ETH Argentina Side Event

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Permissionless 2023

"At 7:30 PM CET, our team has the honor of presenting our Hydranet #DEX during an Official AMA, hosted by the Arbitrum Foundation."

Hydranet & Arbitrum AMA

"Join us for a Twitter Space with Arbitrum... 5:30pm UTC"

ARB & DPX Twitter Spaces

"We will introduce you to @Arbitrum_jpn on a special space in 2 weeks...," at 13:00 (UTC).

Twitter Space

Council Nominee AMA

"ETH Warsaw, organized by a passionate group of local Ethereum enthusiasts, returns for its second edition, bringing together a global..."

ETHWarsaw 2023

"Round 2 of the @arbitrum Security Council elections starts..."

Security Council Vote

"Devconnect is a week-long gathering of independent Ethereum events to learn, share, and make progress together."

Devconnect Istanbul

"Synapse is asking Arbitrum for 2M ARB... Successful applicants will receive funding following coordination with the Arbitrum Foundation..."

STIP Proposal Round 1

"The Arbitrum Odyssey: Reignited will resume... with week 2 to ensure a higher degree of safety for all participating users..."

Arbitrum Odyssey Resumes

Vitalik Buterin

Meltem Demirors

Spencer Noon

Divergence Ventures

The Solstice

HC Xie | We are hiring!

Darren Lau

Cozomo de Medici

Independent Ethereum Educator, Investor and Advisor

Anthony Sassano

notEezzy

6529

Banteg

Ignas | DeFi

Matthew Graham

CL207

Tetranode

Aftab Hossain

SpiderCrypto

DCF GOD

Galois Capital is a crypto-focused hedge fund known for quantitative strategies and insights into blockchain markets and decentralized finance trends.

Galois Capital

David Hoffman

CoinLover

Farokh

0xSun

Kain

Luca Netz

Saint

Max Bronstein

DeeZe

Specialist at Coinbase Cloud and an investor in crypto protocols

Viktor Bunin

Imran Khan

Founder of Aave.com and Venture Partner of Variant.fund

Stani Kulechov

LilMoonLambo

Crypto Nova

Cryptoyieldinfo

Bryan Pellegrino

0xFinish

notsofast

zacxbt

evan.sui

Partner at Andreessen Horowitz (a16z) crypto

Ali Yahya

avery.apt

Mando

HDF humble defi farmer

Sreeram Kannan

icebergy

Redphone Crypto

DFarmer

DAOs in Arbitrum Ecosystem

Investors

Team & Advisors

DAO Treasury

Sale Link

Airdrop

United States of America

Polychain Capital is a cryptocurrency-focused investment management firm and hedge fund. It was founded in 2016 by Olaf Carlson-Wee, who was the first employee at Coinbase and is known for being one of the earliest advocates of cryptocurrencies and blockchain technology. Polychain Capital is headquartered in San Francisco, California, and is considered one of the prominent players in the cryptocurrency investment space.

Hong Kong

Alameda Research is a quantitative cryptocurrency trading firm that provides liquidity in cryptocurrency and digital assets markets.

Mark Cuban is a prominent American entrepreneur, investor, television personality, and owner of the Dallas Mavericks, an NBA basketball team. He is known for his success in the tech industry, particularly during the dot-com boom. Cuban is known for his outspoken and often controversial opinions on a wide range of topics, including technology, politics, and sports. He is also a vocal advocate for cryptocurrency and blockchain technology.

Pantera Capital is a blockchain and cryptocurrency-focused investment firm and hedge fund. It was founded in 2013 by Dan Morehead, who is a former Wall Street executive and chief financial officer (CFO) at Tiger Management. Pantera Capital is known for being one of the earliest institutional investors in the cryptocurrency space and has been actively involved in supporting the growth and development of blockchain technology and digital assets.

Lightspeed Venture Partners is a prominent venture capital firm recognized for its strategic investments in innovative and high-growth technology companies. Founded in 2000 by Chris Schaepe, Barry Eggers, Ravi Mhatre, and Peter Nieh, Lightspeed has played a pivotal role in shaping the success stories of numerous startups across various sectors.

Ribbit Capital is a venture capital firm that invests in early-stage companies.

Cayman Islands

Manifold Trading is a early-stage web3 fund that takes a data-driven, systematic approach to making high-conviction investments.

crunchbase info

ICOdrops info

Series B

eGirl Capital is a venture capital investment company that was established in 2019. The company wants to invest in the decentralised and blockchain industries.

Series A

Compound is a thesis-driven, research-centric investment firm leading seed rounds.

Seed Round

Arbitrum DAO treasury

Arbitrum ARB

Market Cap

FDV

Performance vs.

Investors

X Followers

X Performance

Latest ARB Research

2025 Airdrops Guide: Testnets, Points, and Profit Paths

ICOs Are Back in 2025 with New Rules and Bigger Demand

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