#AirdropStepByStep

It's a distribution of cryptocurrency tokens or coins to various wallet addresses, often for free.

Why do projects offer airdrops? To gain traction, promote their platform, and build a community.

Types of airdrops:

Standard airdrops: Simple signup with a wallet address.

Bounty airdrops: Participants complete tasks like social media promotion.

Holder airdrops: Rewards for holding specific tokens.

Exclusive airdrops: Targeted at early adopters or specific groups.