Crypto Projects That Airdrop Crypto: How To Make $10k Quick!

1 year ago
8

A crypto airdrop is a giveaway of fungible or non-fungible tokens (NFTs) to eligible wallet addresses. Usually, new crypto projects use airdrops to generate social media buzz or reward early community members by sending free assets directly to their wallets. However, it wouldn't qualify as an airdrop if payment was required. Projects usually set aside a portion of their total token supply to send to targeted crypto wallet addresses, and eligibility criteria are typically announced before the airdrop goes live. The purpose of airdrops is mainly marketing, but they can also show appreciation to early community members, encourage token use in DeFi or DAOs, and even steal attention from competing protocols. There are four types of crypto airdrops: standard airdrops, retroactive airdrops, bounty airdrops, and holder airdrops. Eligibility for each type of airdrop depends on specific requirements, and airdrops can be claimed by submitting information like your public crypto wallet address or performing various tasks like promoting a new crypto project on social media.

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