#AirdropStepByStep Understanding Crypto Airdrops

A crypto airdrop is an activity typically performed by blockchain-based startups to help bootstrap a virtual currency project. Its aim is to spread awareness about the cryptocurrency project and to encourage more people to participate in it when it becomes available. Airdrops are generally communicated through the company's official channels and cryptocurrency communities. Coins or tokens are sent only to specific wallets based on the blockchain network or coins held in existing wallets.

To qualify for the tokens or coins, a recipient may need to hold a minimum quantity of the crypto coins in their wallet. Alternatively, they may need to perform a certain task, such as discussing the currency on a forum, connecting with a particular member of the blockchain project, or writing a blog post.