# Rainbow Wallet: Potential Airdrop for Early Users

*Rainbow Wallet users may see future rewards as the platform hints at a potential token airdrop, rewarding early adopters for their engagement.*

**Author:** Jakub Lazurek
**Published:** 2024-11-01 15:24:18
**Source:** [View on Coinpaprika](/news/rainbow-wallet:-potential-airdrop-for-early-users/)

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Rainbow Wallet, a dynamic and user-centric cryptocurrency wallet, has recently drawn attention due to its innovative points-based rewards program, sparking speculation about a possible future **token **[**airdrop**](https://coinpaprika.com/news/exploring-crypto-airdrops/). With a strong suite of features, Rainbow Wallet allows users to manage multiple wallets, participate in NFT trading, and execute cross-chain swaps, making it a versatile tool for a wide array of blockchain activities. Coupled with its rewards initiative, Rainbow has positioned itself as a promising project in the blockchain space.

Although Rainbow has yet to release a native token, users are currently able to accumulate points by interacting with the wallet’s various functionalities. Activities such as performing swaps, bridging tokens, and using Rainbow's in-app browser earn points, giving early adopters the potential to benefit from future rewards if a token launch occurs. However, it's crucial to note that this is speculative, and Rainbow has not officially confirmed any plans for a token or an airdrop.

To begin collecting points on Rainbow Wallet, users can start by visiting the official Rainbow website and downloading the app or browser extension. Once installed, users can earn points through a variety of in-app activities, including token swaps and bridging operations, with point totals increasing based on both the frequency and type of action taken within the wallet. For those using the in-app browser, Rainbow provides a notable 5x point multiplier, incentivizing engagement within the wallet environment. In addition, users can refer friends to the platform and receive 10% of the points their friends earn, creating a mutually beneficial referral system that further encourages activity on the app.

In a nod to the community's support, Rainbow has introduced weekly Ethereum rewards for its most active users. Every Tuesday at 20:20 UTC, the top 1,000 users who have accumulated the highest points in the previous week receive [ETH](https://coinpaprika.com/coin/eth-ethereum/) rewards. Earlier this year, Rainbow distributed an ETH airdrop to the top 10,000 all-time points leaders on June 26th, reinforcing its commitment to rewarding active engagement.

Beyond point accumulation, Rainbow also promotes its [**NFT**](https://coinpaprika.com/news/nft-market-thrives-as-binance-steps-back-from-bitcoin-digital-art/)** offerings**, encouraging users to mint its NFTs on Zora. This additional opportunity provides NFT collectors and enthusiasts with an engaging way to interact with the platform beyond standard wallet functionalities.

Speculation around a possible future airdrop stems from Rainbow's active rewards program and the broader trend in the DeFi space, where platforms often retroactively reward early users through governance token airdrops. While many projects have launched tokens to provide governance and utility to their ecosystems, it's important to remain cautious and recognize that Rainbow has yet to confirm a token launch or future airdrop.

For users interested in exploring similar opportunities, other platforms without tokens but with active user engagement programs may offer potential airdrop rewards as their ecosystems mature. The DeFi and **Web3** landscapes continue to see a rise in retroactive airdrops, making it beneficial for users to stay updated and informed about projects that could follow this trend.

Staying connected with Rainbow on platforms like Twitter, Telegram, and Facebook, as well as subscribing to newsletters, can help users keep pace with new airdrop opportunities and announcements.

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**Tags:** airdrop, project

