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A Beginner's Guide to Crypto Airdrops

Published on May 20, 2024

by demayaa1
A Beginner's Guide to Crypto Airdrops

What is an Airdrop?\nAn airdrop is a marketing stunt that involves sending free coins or tokens to wallet addresses in order to promote awareness of a new virtual currency. They are often used by startups in the cryptocurrency space to kickstart their projects.\n\n### Key Takeaways:\n* Free tokens to promote a new project.\n* Increases decentralization.\n* Rewards early community members.

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