A crypto airdrop is a marketing strategy used by blockchain projects to distribute free tokens or coins to the wallets of existing cryptocurrency holders. This process aims to raise awareness about a A crypto airdrop is a marketing strategy used by blockchain projects to distribute free tokens or coins to the wallets of existing cryptocurrency holders. This process aims to raise awareness about a new project, incentivize community engagement, or reward loyal users. Airdrops can occur in various forms, such as airdropping tokens to holders of a specific cryptocurrency, or requiring participants to complete certain tasks, like following social media accounts or joining a Telegram group.

Typically, airdrops are announced through social media, forums, or the project's website, and they can be a way for projects to build a user base quickly. While airdrops can provide an opportunity for users to acquire new tokens without financial investment, it's essential to exercise caution. Some airdrops may be associated with scams or projects lacking legitimacy. Always research the project and ensure that your wallet is secure before participating in any airdrop. » More » Less