Traders and investors are getting ready for a significant week ahead, with various cryptocurrency events on the horizon. This anticipation hints at increased volatility, but there is a worthwhile opportunity in crypto airdrops.

Crypto airdrops allow investors to participate in promising projects at their early stages with minimal or no upfront investment. Here are some notable airdrop opportunities to keep an eye on for the initial week of May.

Miden, with funding reaching up to $25 million, is the first crypto airdrop of interest this week. The project, backed by prominent investors like Andreessen Horowitz (a16z) and others, recently announced its seed fundraise and spinout from Polygon. Miden, a ZK-rollup L2 blockchain spun from Polygon Labs, aims to airdrop 10% of its native tokens to Polygon (POL) stakers, contributing to Polygon's ecosystem and encouraging participation in Miden's zero-knowledge network.

Camp Network is another crypto airdrop worth noting, having secured up to $29 million in funding. With investors such as Blockchain Capital and others supporting the project, Camp Network focuses on intellectual property management and AI agent integration. Through an incentivized testnet, users can earn points by completing simple social tasks, which may later be converted into project tokens if a token is launched.

Mezo, the third airdrop to watch for the first week of May, has raised around $28.5 million with backing from various investors. Positioned as a Bitcoin Layer-2 network, Mezo seeks to enhance Bitcoin's utility by enabling borrowing, spending, and earning without selling BTC. A campaign on Galxe allows airdrop participants to earn points by completing quests, with tasks in collaboration with partners like ZeroLend, Velar, and others. The Mezo airdrop will run until May 27, 2025, offering participants the opportunity to earn rewards and engage with the project.