What is Airdrop


An "airdrop" refers to a way of delivering cryptos to the public by owning some other tokens or wallets on a blockchain. This is typically done marketing-wise to encourage other tokens to be held in the blockchain network or to encourage them to participate.


Airdrops typically function by requiring users in a predefined time to hold a certain number of tokens in a publicly found wallet also known as snapshot time. The airdrop token project would then distribute the token accordingly using the snapshot.


Airdrops' effect allows users to broaden their holdings, raise awareness and about the token, and earn a successful dividend (of their previous holdings). In exchange for easy actions such as sharing news, referencing friends, or downloading an app, many airdrop campaigns run with mechanics, such as getting coins or tokens.

Airdrop

A marketing campaign to share a particular cryptocurrency or token with the public audience. 

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