What are airdrops in the crypto world? 🚀
Airdrop is a promotional method relied upon by blockchain projects to distribute free digital tokens directly to users' wallets. The goal is not only to attract attention but also to build active communities and enhance interaction around a new or already listed currency.
Users typically receive these distributions in exchange for completing simple tasks, such as following the project on social media or holding a specific currency.
Although the airdrop may seem like "free money," it is a smart marketing tool used to create early loyalty and increase adoption.
However, caution is advised! Not all airdrops are safe or worthwhile, so it is important to be aware and always verify the project's credibility before participating.
How do airdrops work?
Blockchain projects rely on the airdrop strategy to distribute a portion of their total supply of digital currencies for free to users.
This is done through one of the following methods:
Allocating a percentage of tokens for free distribution for promotional purposes and to increase adoption.