One: What is an airdrop? 1.1 What is an airdrop? The crypto community is constantly participating in airdrops. After the project team creates a new coin, they distribute tokens to existing or potential users to stimulate market activity and user data, enhancing project recognition. Tokens are distributed for free, but some airdrops require users to complete specific tasks before claiming. This is a common marketing strategy among many cryptocurrency projects. 1.2 How do cryptocurrency airdrops work? There are many types of cryptocurrency airdrops; a common method is to distribute a small amount of cryptocurrency to wallets. However, some rarer projects use NFTs instead of conventional cryptocurrencies for distribution.
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