Crypto airdrops are a method used by cryptocurrency projects to distribute free tokens or coins to the wallets of potential or existing users. This is typically done to promote a new project, raise awareness, or reward loyal supporters. Airdrops can also be used to decentralize the ownership of a cryptocurrency, allowing a wider range of people to hold the tokens.
There are different types of airdrops, including:
- Standard Airdrops: Tokens are sent to users who have registered for the airdrop or meet certain criteria.
- Holder Airdrops: These are given to people who already hold a specific cryptocurrency in their wallets (often a native token to the project).
- Bounty Airdrops: Users are required to perform certain tasks, such as following a project on social media, joining a Telegram group, or sharing a post in exchange for the airdrop.
- Exclusive Airdrops: These are targeted at a specific group of people, often early adopters or long-time supporters of the project.