Do you know How #Airdrop Work?

Crypto #AirdropGuide are marketing stunts in which a cryptocurrency project or company makes an unsolicited deposit of a coin or token into numerous digital wallets .

Here is how it works -

A project announces an airdrop with specific requirements, such as signing up or completing tasks.

Eligible participants must have a crypto wallet.

There are two important dates to look out for:

1) Snapshot: The date by which requirements must be fulfilled to be eligible.

2) Distribution: The date when airdropped coins are received in the wallet.

#Airdrops can be standard (requiring sign-up), bounty (requiring tasks), or holder/exclusive (rewarding loyal holders).- Airdrops help projects establish legitimacy, amplify marketing, and reward loyal members.-

Recipients benefit from receiving free crypto, but risks include scams and market volatility.

#AirdropGuide

#Airdrops