Airdrops have become the cryptocurrency ecosystem’s equivalent of stimulus checks over the past couple of years and further proof of this can be evidenced from popular protocols like Uniswap and dYdX which rewarded their early adopters with token drops that are now worth $30,000 to $2 million.

Axie Infinity, a new protocol that surprised its users with a wallet-fattening airdrop, was Axie Infinity. AXS is a blockchain-based combat game. It has gained prominence as its use-to-earn model (P2E), has grown in popularity over the past 2021.