SkyTrade Airdrop: Eligibility Criteria, Is It Free? How To Participate? Is It Trustable?

As the market’s competition increases exponentially, investors are actively looking for more ways to diversify their portfolios, and that’s where the airdrop campaign comes in. These campaigns offer a golden opportunity to acquire the tokens of a budding crypto project. The latest one to garner the crypto community’s attention is the SkyTrade drop.

This article will explore the SkyTrade project and its ongoing airdrop campaign. We will also guide you through the drop participation procedure.

What Is SkyTrade?

SkyTrade is a blockchain-based platform that enables its users to buy, sell, and rent airspaces, monetizing their AIR rights and having control over who has access to their low-attitude airspace. The main aim of the project is to empower property owners to monetize their underutilized assets, especially in urban areas, and connect them with drone companies and other investors.

Key Features

• Airspace Marketplace: Users can buy, sell, and rent their airspace.
• Air Rights Monetization: Property owners can unlock the value of their air rights.
• Democratizing Access: SkyTrade aims to make the airspace more accessible to those who want to use it.
• Blockchain Technology: The platform uses blockchain technology to enable secure transactions and smart contracts.

Uses

• Drone Operations: Facilitates drone deliveries, inspections, and other urban aerial applications.
• Real Estate Development: The platform allows real developers to use air rights for new construction and expansion purposes.
• Investment Opportunity: It is a means to a new revenue stream for individuals who are looking to rent or sell their airspace.

SkyTrade Airdrop

SkyTrade has launched its brand-new point-based program as of late, offering users a brimming opportunity to claim their aerial rights and inviting friends and family members to the platform. The campaign employs a point-based scheme, in which users participate in various activities specified in the platform to earn SKY Points. The SKY points are designed to be a vital part of the SkyTrade ecosystem and will have considerable use cases within it.

Eligibility Criteria

Anybody who has a valid SkyTrade account can partake in the drop campaign. Even if you don’t have one, you can easily create it using your email and phone number. However, if you’re from a region where crypto and other related activities are considered illegal, you might not be able to partake in the campaign.

Is It Free?

The SkyTrade campaign is free to partake as long as you’re the owner of your property. However, as the purchasing air rights scheme is only in beta testing and is open to a few, you might face difficulties in the campaign in case the ownership doesn’t belong to you. 

Tasks To Earn SkyPoints

Tasks	Points
Account Registration (No KYC)	50 SKY Points
Claiming your air rights (Full claim/ verified rights)	1000 SKY Points
For claimed air rights by referred account (verified rights)	3000 SKY Points to you & 1000 SKY Points to your referred account
Successful Referral (No KYC)	10 SKY Points
Successful Referral (KYC)	2500 SKY Points
Discord Level System	500 SKY Points
Promotion of refined content through Discord	100 SKY Points
Follow the SkyTrade X account	50 SKY Points
Create and post a meme about SkyTrade	25 SKY Points
Win a game on the Discord server	25 SKY Points
Retweeting post	15 SKY Points
Like A New Tweet	5 SKY Points
Generate a unique referral link and invite a friend	5 SKY Points

How To Participate In The SkyTrade Airdrop Campaign

If you’re interested in the SkyTrade platform its airdrop campaign and what it offers, refer to the following section to gain insights on how to partake in it.

Requirements

• A valid SkyTrade account (if you don’t have an account, create one)
• Social Media accounts to complete specific tasks.

Step-by-Step Guide To Participate in the SkyTrade Campaign

• Step 1: Visit the official SkyTrade platform.
• Step 2: Sign in with your account. If you don’t have an account, create one using your email address.
• Step 3: Login and use the interactive map to claim your airspace.
• Step 4: Complete the various tasks specified in the dashboard including claiming your air rights.
• Step 5: Refer your friends and family members to the SkyTrade platform for additional rewards.
• Step 6: Keep track of SkyTrade’s social media accounts to know about further updates regarding the drop campaign.

How To Claim Your Air Rights

One of the tasks on the platform is to claim your air rights, here is a step-by-step guide on how to do so.

• Step 1: Go to the “Air Rights” section next to the dashboard.
• Step 2: Adjust the location pin if the Google Maps is slightly off.
• Step 3: Click the “Claim Air Rights” buttons to confirm the right address and save your rights.
• Step 4: Wait for SkyTrade to provide updates on the matter after they verify with the official records.

If SkyTrade successfully verifies your claim, you can start earning passive income by renting your air space to drone operators and other companies.

SkyTrade Roadmap: What Lies Ahead of the Project

The SkyTrade airspace project spans 5 phases, out of which the first phase is currently in session. Now, there are 4 phases still ahead of the project, after which, we will see the full extent of what it is capable of. Here is a brief outline of these phases and SkyTrade’s aim during each one.

Phase 1 (Q1 2025)

• Integrating SkyTrade’s radar network with real-time data for the UTM system.
• Implementing approved US land registry integration.
• Release the IOS version of their app.
• Creating drones’ real-time view web app.

Phase 2 (Q2 2025)

• Drones Radar Access Application Programming Interface (API)
• Design and implementation of the air rights mobile app.
• Release of the first alpha version build-it-yourself for their dedicated hardware drone radar.
• Integration with Tensor Trade API and SDK.
• Open auction house trading of air rights to whitelist users.

Phase 3 (Q3 2025)

• Launching AIR token fractionalization platform.
• $SKY Token Generation Event (TGE).
• HEX token initial offering
• Implementation of API for large real-estate organizations
• Implementation of UAV operator
• Bridging fractionalized AIR tokens into EVM chains
• The first release of hardware drone radar nodes.
• Marketing campaigns and project expansion
• Integration of the HEX system with land registration databases

Phase 4 (Q4 2025)

• Implementation of UAV UX 
• Start designing lending pools Decentralized Finance (DeFi) mechanisms
• Per-minute drone insurance integration

Phase 5 (Q1 2026)

• Developing an open standard for 3D representation of air spaces.
• Encourage widespread adoption
• Implement interoperability

Final Remarks: Is The SkyTrade Airdrop a Trustable Venture?

The SkyTrade is one of the most revolutionary blockchain projects introduced last year. And, as a free and open airdrop campaign, you can easily participate in it and be a part of its community, earning rewards in the process, especially if you’re from an urban area. So, if you have a good and open airspace above your property, try to be a part of the SkyTrade platform. All that being said, it would still be better to conduct your own research before fully immersing yourself in the platform.