Velas Network Airdrop: What It Is, Who Got Paid, and Why It Matters
When you hear Velas Network airdrop, a token distribution event for the high-speed blockchain Velas Network that rewarded early users with VLX tokens. Also known as Velas token airdrop, it was one of the few blockchain projects that actually gave away tokens to people who used the network before it went live — not just those who signed up on a website. Unlike most airdrops that feel like spam, Velas’ was tied to real activity: running nodes, testing the testnet, or holding VLX in early wallets. It wasn’t about free money — it was about building a network that actually worked.
The Velas coin, the native token of the Velas Network, built on a modified version of Solana’s consensus to handle over 70,000 transactions per second wasn’t just another altcoin. It powered staking, governance, and transaction fees on a chain designed to outperform Ethereum in speed and cost. The airdrop wasn’t a marketing stunt — it was a way to bootstrap decentralization. Those who got tokens were often validators or devs who helped debug the network. But here’s the catch: most people never qualified. The airdrop wasn’t open to everyone. You had to prove you were actively using the chain, not just filling out a form.
Scams followed fast. Fake websites popped up claiming to be the official Velas airdrop portal. People lost funds sending ETH or BNB to addresses that looked real. Others bought fake VLX tokens on unregulated exchanges, thinking they’d get rich when the mainnet launched. The real VLX token only became tradable after the mainnet went live in 2020 — and even then, early airdrop recipients saw their holdings diluted as more tokens entered circulation. The lesson? Real airdrops don’t ask you to send crypto to claim them.
Today, the blockchain airdrop, a distribution method used by crypto projects to reward users, drive adoption, or decentralize token ownership model has changed. Most are either useless meme coin giveaways or locked behind KYC traps. Velas’ approach stands out because it rewarded contribution, not clicks. That’s why the original airdrop still matters — it’s a case study in how to do it right.
Below, you’ll find real posts that dig into what happened with the Velas Network airdrop, who actually received tokens, how the network evolved since then, and how to tell the difference between a legitimate reward and a trap. No fluff. No hype. Just what worked, what didn’t, and what you should watch for next time.
WagyuSwap (WAG) IDO Launch Airdrop: How to Claim Free Tokens and What You Need to Know
WagyuSwap's IDO airdrop offered free WAG tokens in 2021, but the project is now inactive. Learn what happened, why WAG is worth pennies, and how to avoid scams claiming to offer 2025 airdrops.
- July 29 2025
- Terri DeLange
- 19 Comments