airdrop
A free distribution of tokens or NFTs to specific wallet holders, often used to promote a project or reward early supporters. Recipients are usually chosen based on predefined criteria.
Related stories
- Ponchik's PURR: Funded Wallets, Airdrop Tickets That Stayed Put, a Quiet Retreat Ponchik launched PURR on Algorand in February 2024, funded reward and marketing wallets, and issued 3,000 airdrop tickets. Most tickets remain with the creator, and reward and marketing wallets went quiet in November 2024; its asset record shows empty freeze and clawback roles.
- AlgoChess settles staked chess games in ALGO on mainnet ahead of Sept. 20 token mine AlgoChess is a browser chess site on Algorand MainNet where two players — or one player and Stockfish — stake ALGO that a contract pays to the winner. Its 20-million CHESS token, mined only by winning, opens 20 September with no sale and no premine.
- Folks Finance forum steers FOLKS token through its first two governance votes Folks Finance's quiet Discourse forum hosted the Algorand lending protocol's FOLKS launch planning, a debated $800k treasury deployment, two passed governance votes and an 11-asset delisting.
- Folks Finance launches FOLKS token, sets $1B TVL target with xChain V2 rebuild Folks Finance grew from Algorand liquid governance into a nine-network lending protocol, launched its FOLKS token in November 2025, and now targets $1B TVL with an xChain V2 rebuild, a licensed mobile app and a new EVM LST.
- Pera Explorer pairs Algorand's ledger lookup with its own ASA verification program Pera Explorer, the block explorer from Algorand's Pera Wallet team, covers transactions, accounts, ASAs and apps with a testnet mirror — and runs its own token and project verification programs.
- Tinyman governance vault locks 234M TINY, more than double its 2025 milestone Algorand's biggest DEX runs swaps, on-chain limit and DCA orders, and tALGO liquid staking on immutable v2 contracts; its TINY governance vault now holds 234M tokens while pooled TVL sits at $5.1M.
- Downbad.farm's rebuilt V2 listing contract now carries 3,766 active listings Downbad.farm — Algorand's busiest NFT marketplace since RandGallery shut down — rebuilt the contract behind every listing: creator-set royalties (0-10%), cross-marketplace sales, and 3,766 live listings, alongside offers, lending and shuffle drops.
- TxnLab's three-person studio spans Algorand's naming, staking, DeFi, and AI layers TxnLab is a three-person Algorand studio building .algo naming (69k NFDs minted), pooled staking ($60.8M TVL), a mobile DeFi app, and a pay-per-request private AI protocol.