# GLOSSARY

Crypto Dictionary : Airdrop

Airdrop

KEYTAKEAWAYS

Maximize your crypto gains with our airdrop campaigns. Get free tokens, boosting awareness and community engagement in the blockchain ecosystem.


CONTENT

DEFINITION

An airdrop is a marketing strategy employed by blockchain-based projects to distribute free tokens or coins directly to the digital wallets of the users. This method is often used to promote a new cryptocurrency, create awareness, or reward loyal users of a platform. 

 

Airdrops can also serve as a way to decentralize the distribution of tokens, ensuring a wider and more equitable ownership among the community. Recipients of airdrops are typically required to perform specific tasks such as holding a certain amount of the cryptocurrency, signing up for a newsletter, or sharing information about the project on social media.

 

Airdrops are viewed as an effective tool for engaging with potential users, increasing the visibility of the project, and fostering a sense of community among participants.

 

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