• The term (AirDrop) refers to the process of distributing free digital currency to owners of digital currency wallet addresses. This is usually done as part of a marketing or promotional campaign for the new cryptocurrency.
The AirDrop process is commonly used for the following reasons:
•Enhancing awareness and spread: By distributing the currency for free to a large number of wallet holders, awareness of the digital currency can be enhanced and its spread in the digital community can be increased.
• Attracting investors and participants: AirDrop is an effective attraction strategy for potential investors and people who want to participate in a digital currency project. When existing and potential investors receive the coin for free, this may increase their interest and participation in the project.
• Improving the value of the currency: AirDrop can increase demand for the digital currency, sometimes causing its value to increase when more users and investors buy or use the currency.