đ Airdrop for Dummies â The Quick Guide
Have you seen crypto airdrops happening and wondered what they're for? Hereâs the essential in 2 minutes.
1. What is an Airdrop?
It is the free distribution of #tokens by a project to:
Reward its community
Promote its token
Decentralize ownership from the start
2. Why?
Word of mouth: your shares attract new users
Engagement: tests, retweets, quizzes...
Expand the holder base, avoid concentration
3. How does it work?
1ïžâŁ The project publishes a âsnapshotâ date and conditions (wallet, social media...)
2ïžâŁ You perform the requested actions
3ïžâŁ On date X, you receive the tokens directly in your wallet
4. Case study: the airdrop of io.net in June 2024
Tens of millions of $IO distributed
Priority to early users and active members on Discord & X
Result: an engaged community and hundreds of thousands of new wallets
5. Prepare for upcoming airdrops
Stay active on the io.net marketplace (staking, co-staking)
Follow @io.net and @Gaurav_ionet on X and Discord
Always check the official URL and never share your private key
âš In summary:
An airdrop is a tokenized gift to launch a project and unite its community. The success of the famous io.net airdrop shows the impact of a well-thought-out distribution.
To not miss anything, keep an eye on io.net!