September to Remember: 3 Upcoming TON Blockchain Airdrops For The Month

The TON blockchain, renowned for integrating tap-to-earn games within Telegram mini apps, has drawn attention from the crypto community. With a clear focus on leveraging Telegram’s massive user base, many projects are building on the TON blockchain.

Several notable projects in the TON ecosystem are scheduled for token generation events (TGE) and airdrops this September. They aim to captivate the interest of digital asset enthusiasts further.

TON Upcoming Airdrops: Catizen, Hamster Kombat, CATS

The first project on the list is Catizen. On September 20, multiple prominent crypto exchanges, including OKX, KuCoin, Bybit, and Gate.io. will list the CATI token. This project, which went live six months ago, has already attracted 34 million players.

Moreover, the Catizen universe boasts over two million active on-chain players, and the paying user base has reached 800,000, with an average revenue per paying user (ARPPU) of $33.

Read more: How To Qualify for the Potential Catizen Airdrop

Next, the much-discussed tap-to-earn game Hamster Kombat will have its TGE and airdrop on September 26. Crypto exchanges like Bitfinex, Bybit, and OKX will list the HMSTR token.

Despite the excitement, the community has voiced concerns about the lack of clarity regarding the airdrop criteria, urging the project leaders to provide detailed information on eligibility, token distribution, and tasks required for qualification to ensure transparency and fairness.

“The community is eager to participate, but the constant introduction of new games and features has caused confusion and overwhelm,” an X user said.

Finally, the CATS project has announced its TGE and airdrop for September, though it has not specified an exact date. Surpassing 20 million users, CATS aims to reward Telegram users based on the age and activity level of their accounts. Similar to the earlier DOGS airdrop, all Telegram users are eligible, but the amount of tokens received will vary.

Users can engage with a dedicated bot that assesses their Telegram usage stats, such as account age and activity level, to determine their token allocation. Additionally, a referral system and other small tasks allow users to earn more tokens.

Read more: Best Upcoming Airdrops in 2024

As excitement builds for these airdrops, potential participants should be aware of the likely price volatility post-listing. Historical trends from similar events, like the DOGS listing, have seen prices drop significantly as airdrop winners liquidate their holdings.

DOGS Price Performance. Source: TradingView

This pattern was evident when the price plummeted by over 25% following the DOGS listing. Moreover, the heightened activities due to the DOGS airdrop contributed to two outages on the TON blockchain.

The post September to Remember: 3 Upcoming TON Blockchain Airdrops For The Month appeared first on BeInCrypto.