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The words "airdrops" are used in cryptocurrency ecosystem to describe the distribution of digital assets to general public and either as a result of holding another token or simply by being an active cryptocurrency wallet address on a particular blockchain and cryptocurrency . Airdrop is a free delivery of a cryptocurrency badge or coin to multiple wallet addresses. Airdropes are usually used to attract attention and new followers, leading to a larger user base and coin distribution. The purpose of the flight is to increase awareness and ownership of the launch of the cryptocurrency.
Crypto Airdrops is a popular marketing tactic used by organizations to generate interest, promote a successful community and distribute distributed coupons.
Airdrops are usually advertised on company websites, coins or tokens are distributed only to existing encryption wallet Holders and mainly bitcoin or ethereum wallets. Considered a strange guerrilla marketing, the popularity of Airdrops has risen in the cryptography industry since 2019 and countless projects using an approach to speed up adoption are urging the community to help promote the project or reward loyal users.
The Cryptocurrency airdrop evolves into a tactic that went beyond marketing. Coins indicate air droplets in which coin holders would receive bonus money corresponding to the total number of coins in their possession as a means of adding value to the currency. Coin investors who wanted to participate in the air droplet should buy coins if they did not already have them, or buy more if they want a larger share of the flight drop.
In order to get an air drop and users must have a certain amount of encryption currency in their wallet. Users may also be required to perform a specific function and such as publishing a cryptographic currency from any social media forum and introducing others to a newly created cryptocurrency.
The cryptocurrency atmosphere focuses exclusively on coin advertising and never asks for money. Many companies prey on customers who pass small amounts of bitcoins or other crypto. To receive a free gift and the recipient may need to have a certain amount of cryptocurrency in their wallet. They may also be required to perform a specific function and such as writing a blog about currency on a social media platform, communicating with a specific member of a blockchain project or writing a blog post.