This Thursday Ribbon will be unlocking the RBN Token for trading. I was lucky enough to receive 5,772 because of a few trades that I made on Opyn. Some of the speculation on the Ribbon discord suggests that the token could be worth between $3-$5. At a price of $3, my governance tokens could end up being worth north of $17,000!

Now, I’m not the type of person to expect to be that lucky, but even at half that value the money that I spent playing the options game for a month would be well worth it. The RBN unlock is the third airdrop that I’ve received (the others being BANK and GB) with a total value of over $6,000 already. Stories about the UNI and DYDX drop values are even more generous and are swimming around crypto twitter.

It’s amazing that crypto can create value out of seemingly nothing. It’s a venture capital and angel investment fueled space that incentivizes teams to create tokens for capital. Its quite fantastic when the teams decide to share these tokens with us little fish. I’m strongly considering increasing my emphasis on seeking these airdrops.

The guys at Bankless have been talking about these airdrops for some time (thank you for the Opyn tip guys) and recently shared a spreadsheet put together by Jean Brass with the help of Dydymoon and PPLeMagot with more possible projects that could have an airdrop. ETH fees are pretty high right now, so I don’t want to go crazy on the mother chain, but I have some money in the Solana world and I might use it to aggressively hunt these projects.

Has anyone else had luck pursuing this strategy, what are some tips that you might have for airdrop hunting?