Discussions
How does airdroping work in the crypto world?
3 months ago by thillainathan
Airdropping in the crypto world is a method where new or existing cryptocurrency projects distribute free tokens to user’s wallets, often as a marketing strategy to raise awareness or reward loyal users. Typically, recipients might be required to hold a specific cryptocurrency, like Bitcoin or Ethereum, or perform simple tasks such as following social media accounts or joining a community. Once the conditions are met, the tokens are automatically sent to the user’s wallets. Airdrops help projects build a user base quickly and create buzz, while also giving users a chance to get involved with new cryptocurrencies without needing to invest money upfront.