What are Crypto AIRDROPS?

DAY 1 OF CRYPTO TERMINOLOGY SERIES

After meeting people from different backgrounds, I came to notice that many of us are not aware of the language used in Crypto/Web3/NFT space.

Starting a new series of mini content explaining Crypto Terminology for the same purpose.

My goal is to educate about it. So if you know someone who can be benefited by this then do share it with them.

The basic function of Airdrops is to involve as many people in a crypto product or service. These early adopters are rewarded for their contribution to the product development.

Airdrops involve different tasks performed on social media platforms. This way the company sort of get free marketing and also the users are happy to have some free tokens.

There have been few famous Airdrops like Ethereum Name Service, Uniswap and Apecoin for Bored Ape Yacht Club community.

I also have a full video on how to get these Airdrops on my Youtube channel.

I'll take the series for 30 days so everyone can learn something new each day.

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