Airdrop for cryptocurrencies

Cryptocurrency airdrops are a marketing strategy that includes distributing free coins or tokens to participants in the airdrop activity. The purpose of this is to attract attention to the project and create a broad incubator environment of participants for the new currency or token project.

Cryptocurrency airdrops vary in their structure and requirements, but in general they go through these stages or steps, which are as follows:

1. Participation: The project announces the airdrop process and sets the conditions and rules for participation. For example, completing specific tasks, such as minting an NFT, storing its currency, exchanges on specific bridges and networks, mining on Telegram as the Not currency, or promotional activity for the project and the currency on social media platforms.

2. Snapshot images: On a specific date, some projects take a “snapshot” of all eligible user wallets participating in the project activity who will receive the dropped coins.

3. Distribution: Free coins are distributed to the wallets of eligible users who complete the terms and rules of participation

Some notable examples of cryptocurrency airdrops include:

* Uniswap (UNI) token dropped in 2020, with 400 million UNI distributed to early Uniswap users.

* Binance Smart Chain Coin (BSC) dropped in 2021, with 100 million BNB distributed to Binance Smart Chain users.

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