Spintop SPIN Airdrop: How It Worked, Who Got Tokens, and Why It Faded
David Wallace 31 October 2025 25

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The Spintop SPIN airdrop ended in early 2022. Any claim for SPIN tokens today is a scam.

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Back in late 2021, if you were active in crypto Twitter or Telegram, you probably saw ads for the Spintop SPIN airdrop. It wasn’t just another free token giveaway-it was one of the more structured campaigns in the GameFi boom. For a few months, hundreds of people scrambled to join Telegram groups, retweet posts, and pass human verification quizzes just to get 500 SPIN tokens. By today’s standards, it looks simple. Back then, it felt like a real opportunity.

What Was Spintop Network?

Spintop Network wasn’t a game. It was meant to be a hub. Think of it like a Netflix for play-to-earn (P2E) games. The idea was simple: users could search, compare, and jump into different blockchain games from one dashboard. It also let players create guilds, earn rewards, stake tokens, and trade NFTs-all built on Binance Smart Chain to keep fees low.

The team raised $300,000 across four funding rounds and launched their SPIN token on December 3, 2021. But before the token even hit exchanges, they ran a major airdrop to build a community. That’s where most people first encountered Spintop.

The Main SPIN Airdrop: How to Get 500 Tokens

The primary airdrop opened on November 23, 2021, and capped out at 5,000 participants. That meant only the first 5,000 people who did everything right got tokens. Each got exactly 500 SPIN-worth about $5 at the time.

Here’s what you had to do to qualify:

  • Join the official Spintop Telegram group and channel
  • Follow Spintop on Twitter and retweet their airdrop post (you needed at least 10 followers on your account)
  • Fill out the official airdrop form and pass a human verification quiz
That was it. No deposit. No wallet connection. No buying anything. Just social media tasks.

The optional tasks-joining Discord, following Medium, subscribing to the newsletter-didn’t give you extra tokens, but they kept you in the loop. Many people who missed the airdrop later blamed themselves for not checking Discord or missing the newsletter.

Why the 10-Follower Rule Mattered

The Twitter follower requirement wasn’t just a formality. It was a filter. Crypto airdrops in 2021 were flooded with bots. Projects were getting flooded with fake accounts signing up just to claim free tokens and sell them immediately.

Spintop’s 10-follower rule meant you had to have at least a tiny online presence. It didn’t stop all bots, but it made it harder for them to scale. For new crypto users, it was a barrier. If you just got into crypto last week and didn’t follow anyone yet? You were out.

Some people spent weeks growing their Twitter accounts just to qualify. Others paid for followers. Neither was ideal-but it was the norm.

The CoinMarketCap Airdrop: A Second Chance

Spintop didn’t rely on just one channel. They partnered with CoinMarketCap to run a second airdrop. This one gave away 900,000 SPIN tokens to 5,000 winners. But here’s the twist: each winner got up to 180 tokens-not 500.

You had to register through CoinMarketCap’s platform, not Spintop’s. That meant two separate sign-ups. People who missed the first airdrop still had a shot. But the smaller reward made it less exciting.

Still, it helped Spintop reach users who trusted CoinMarketCap more than random Telegram links. It was smart marketing.

Guild members competing for top SPIN rewards on a holographic leaderboard in a digital war room.

Guilds and the Competition Game

Spintop didn’t just give tokens to individuals. They gave them to guilds-groups of players who teamed up to play games together.

The top three guilds got extra rewards:

  • 1st place: 2.5% of the total airdrop pool
  • 2nd place: 1.5%
  • 3rd place: 1%
That meant if a guild had 50 members, and they ranked first, they could split hundreds of thousands of tokens. Some guilds became organized like mini-companies. They had Discord admins, task checklists, and even training guides to help members pass verification faster.

It turned the airdrop into a competition. And for a while, it worked. People bonded. Guilds grew. The community felt alive.

Tokenomics: How SPIN Was Supposed to Last

Spintop didn’t dump all 13.5 million SPIN tokens at once. They planned it carefully.

- 18.5% went to the airdrop (2.5 million tokens)
- 14.28% went to private investors (vested over 6 months)
- 20% unlocked at launch (TGE)
- The rest was split between team, marketing, and ecosystem growth

The idea was to avoid a crash. If everyone got all their tokens at once, they’d sell immediately. By locking up 80% of the supply over months, Spintop hoped to keep prices stable.

It didn’t work as planned.

What Happened After the Airdrop?

By early 2022, the airdrop was over. The team kept building. They added Gamepedia, a database of P2E games. They launched staking. They tried to attract developers.

But the market changed.

Crypto winter hit. GameFi projects lost funding. Players stopped playing. Tokens lost value. SPIN’s market cap dropped from $1 million in January 2022 to under $100,000 by mid-2022-and it stayed there.

Today, you can still find SPIN on some decentralized exchanges, but trading volume is near zero. The official website still loads. The Telegram group still exists. But no one’s talking about it anymore.

Why the Spintop Airdrop Failed to Last

It wasn’t the airdrop that failed. It was the ecosystem.

Many projects in 2021 promised to fix GameFi. They said they’d solve the “play-to-earn” problem by making games fun again-not just grind-heavy money machines. Spintop was one of them.

But they didn’t build a standout game. They built a directory. And directories don’t keep users engaged. If you want to play a game, you go straight to Axie Infinity, or StepN, or Alien Worlds-not to a list of links.

The airdrop brought in users. But without a compelling reason to stay, they left.

Also, the token had no real utility. You couldn’t use SPIN to buy in-game items. You couldn’t vote on features. You couldn’t earn it by playing. It was just a token you got for following Twitter.

An abandoned Spintop dashboard with a lone SPIN token rolling away in the dark.

What You Can Learn From Spintop’s Airdrop

If you’re thinking about joining a future airdrop, here’s what Spintop teaches you:

  • Don’t chase free tokens unless you understand the project
  • Follow the team’s roadmap-not just their social media
  • If the token has no use case, it’s just a gamble
  • Be careful of airdrops that require you to follow 5+ social accounts
  • Check if the project has real users, not just a Telegram group full of bots
The Spintop airdrop was a snapshot of 2021 crypto culture: hype, hustle, and hope. It worked for a few months. But without substance, even the best airdrop fades.

Is SPIN Still Worth Claiming Today?

No.

The airdrop ended in early 2022. The claim period closed. There’s no way to get SPIN tokens for free anymore. If you see a site claiming to still be giving out SPIN, it’s a scam.

The token still trades on a few obscure DEXs, but liquidity is near zero. Even if you bought SPIN now, you wouldn’t be able to sell it easily. The smart money left years ago.

Where Is Spintop Now?

The team hasn’t disappeared. Their website is still up. Their Twitter account posts occasionally. But there’s no major update since 2023. No new games. No partnerships. No token burn. No roadmap refresh.

In crypto, silence usually means one of two things: either the project is quietly dead-or it’s working on something big. With Spintop, there’s no sign of either.

The most likely scenario? It’s a zombie project. Alive on paper. Dead in practice.

Final Thoughts

The Spintop SPIN airdrop was a textbook example of how to build a community fast. It used social media, guild competition, and a trusted partner (CoinMarketCap) to spread quickly. But it didn’t build anything lasting.

Airdrops aren’t free money. They’re a test. Can you turn a group of people who joined for free tokens into a real community? Spintop failed that test.

If you’re looking for a good airdrop today, don’t look for the one with the biggest reward. Look for the one with the most real users, the clearest utility, and the team that’s still talking after the tokens are gone.

Spintop gave out 2.5 million tokens. But it didn’t give out a future.

Was the Spintop SPIN airdrop real?

Yes, the Spintop SPIN airdrop was real and happened between November 2021 and January 2022. Over 5,000 participants received 500 SPIN tokens each after completing social media tasks and passing human verification. The distribution was handled via smart contracts on Binance Smart Chain, and claims were processed through the official Spintop airdrop portal. No funds were required to participate.

How many SPIN tokens did each person get in the airdrop?

Each eligible participant received exactly 500 SPIN tokens. This applied to the main airdrop, which capped at 5,000 people. A separate CoinMarketCap airdrop gave out up to 180 tokens per winner, but that was a different campaign with different rules.

Do I still need to claim SPIN tokens?

No. The official airdrop claim period ended in early 2022. All eligible participants received their tokens by February 2022. Any website or social media account offering to give out SPIN tokens today is a scam. Never connect your wallet or pay any fee to claim tokens that were distributed over two years ago.

Why did the Spintop project fade away?

Spintop built a game aggregator platform, not a game. While it offered useful features like guild creation and P2E game listings, users didn’t stay because there was no compelling reason to. The SPIN token had no in-game utility, and the broader GameFi market collapsed in 2022. Without active users or revenue, the project lost momentum and funding.

Can I still buy SPIN tokens today?

Yes, SPIN tokens are still listed on a few decentralized exchanges like PancakeSwap, but trading volume is extremely low-often less than $100 per day. Liquidity is thin, and most holders are long-term holders who never sold. Buying SPIN now is speculative at best and risky due to lack of demand and no active development.

What was the purpose of the guild system in the Spintop airdrop?

The guild system was designed to turn individual participants into organized teams. Top-performing guilds received extra SPIN tokens-2.5% for first place, 1.5% for second, and 1% for third. This encouraged collaboration, competition, and community building. Some guilds grew to over 100 members and even created their own Discord servers and task trackers to maximize their rewards.

Did Spintop have any real games?

No. Spintop did not develop its own games. Instead, it functioned as a directory or aggregator-like a search engine for play-to-earn games. Users could browse and link to external P2E titles such as Axie Infinity, Splinterlands, or The Sandbox. This made it a useful tool, but not a destination. Without original content, it struggled to retain users.

Was the Spintop airdrop worth the effort?

For early participants who joined before the hype died, yes-it was worth it. 500 SPIN tokens were worth $5 in November 2021, and some sold them later for $10-$15. But for most, the effort (following 4 social accounts, passing quizzes, waiting weeks) didn’t match the reward. The real value wasn’t the tokens-it was the community. But that faded fast.

What’s the difference between the main airdrop and the CoinMarketCap one?

The main airdrop was run directly by Spintop and gave 500 SPIN tokens to the first 5,000 people who completed social tasks. The CoinMarketCap airdrop was a separate campaign where 5,000 winners received up to 180 SPIN tokens each. You had to register on CoinMarketCap’s site, not Spintop’s. Both were legitimate, but the main one had higher rewards and stricter requirements.

Is Spintop Network still active in 2025?

Spintop Network is technically still online, but it’s inactive. The website loads, but hasn’t been updated since 2023. No new games, no new partnerships, no tokenomics changes. Social media channels are silent. There’s no evidence of development, customer support, or user growth. Most observers consider it a dormant project.