What is a crypto airdrop?

  • 2025-07-09

 

A crypto airdrop is a strategy used by blockchain startups to distribute tokens or coins to specific wallet addresses, aiming to raise awareness and adoption of new projects. Some airdrops may require participants to complete tasks or hold a minimum amount of existing tokens.

Understanding Crypto Airdrops
Airdrops are typically initiated by blockchain startups to bootstrap cryptocurrency projects, encouraging broader participation. Details are communicated via official channels or crypto communities, with tokens distributed based on blockchain criteria or wallet holdings.

Eligibility may require:

  • Holding a minimum quantity of specific tokens;

  • Completing promotional tasks (e.g., discussing the project on forums or creating content).

Types of Airdrops

  1. Standard Airdrop: Requires only a valid wallet address.

  2. Bounty Airdrop: Rewards users for promoting the project.

  3. Holder Airdrop: Allocates tokens based on existing holdings.

  4. Exclusive Airdrop: Limited to invited participants.

How It Works

  1. Project announces airdrop rules;

  2. Users register and complete tasks;

  3. Project verifies eligibility and distributes tokens;

  4. Users receive tokens per project terms.

Earning Potential

  • Selling: Profit by selling tokens post-listing;

  • Holding: Long-term gains if the project succeeds.

Risks
Some airdrops may be "pump-and-dump" scams: creators hype then dump tokens, crashing prices. Always research projects before participating.

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