Airdrop

Airdrop is the free distribution of coins, tokens, and money for project owners to grow their communities and followers. The meaning of airdrop in the cryptocurrency community is a term that can be derived directly from the word meaning. In this way, while users earn money without any monetary compensation, project owners provide the opportunity to create and expand their audiences.

Airdrop Types

There are five different types of airdrops

1. Bounty Airdrop: Projects or platforms are given to those who advertise on their social media accounts.
2. Holder Airdrop: Awarded to those who hold certain amounts of certain coins in their wallet
3. Standard Airdrop: It is only given to those who register with their name, e-mail, and identity information on the platforms.
4. HardFork Airdrop: When a new cryptocurrency is created on the same basis using the basic codes of an existing digital currency, the introduction of the second cryptocurrency is given to those who have the first version of the business in their wallet.

How to Participate in Airdrops?

Of course, to participate in airdrops and earn free money, it is necessary to do small tasks and fulfill the conditions. After all, an airdrop is a marketing strategy used to increase the awareness of the distributed token or coin and to increase the number of users. You can generally participate in airdrops in three different ways.

1.  When a new crypto money platform comes out, it is to register on the platform and perform transactions before the platform issues its tokens and coins. In this way, when that new platform issues its token and coin, they reward the people who trust it from the very beginning and perform their transactions.
2.  Another way to participate in the airdrops is to participate in the lottery by completing the desired tasks without any expenditure or upfront action. Tasks here are usually effortless to complete, such as following social media accounts and also being a member of social media groups.
3.  Thanks to the coins and tokens we hold, we can earn money from the airdrop. Sometimes, some project owners give coins or tokens up to a certain percentage of their investment to reward investors who trust and invest in them.

Learn more about airdrops.