When is arbitrum airdrop?

After much anticipation, Arbitrum finally announced its token, ARB, and its airdrop on March 16, 2023, with the token to go live the following week on March 23, 2023, when block 16890400 on Ethereum mainnet is mined. Let’s dive into the details. Who Is Eligible for the Airdrop?

What is arbitrum orbit?

To go along with the launch of the Arbitrum DAO and ARB airdrop, the Arbitrum Foundation has also announced the launch of Arbitrum Orbit, “a permissionless solution for any developer to build a Layer 3 (L3) blockchain using Arbitrum technology.”

When did airdrop rumors come out?

Airdrop rumors already surfaced initially in 2021 on the launch of Arbitrum, and then later again in 2022 when Arbitrum launched Arbitrum Odyssey, a series of quests on Arbitrum. However, the rumors came to full swing in early 2023 as bullish sentiment began to re-emerge in the markets again.

What are airdrops & how do they work?

Airdrops are free tokens distributed by a project to numerous early adopters' wallet addresses as a way of promoting the project. Airdropped tokens are likely to be minute in amount due to the multiple users they will be reaching. Notwithstanding, a price surge on these tokens could significantly increase their worth overtime.