Blockchain startups utilize cryptocurrency airdrops as a marketing tactic to send tokens or coins to designated wallet addresses. Their goal is to increase traction and acceptance of emerging blockchain initiatives. Different kinds of airdrops exist:
Standard Airdrops: In order to get tokens, you must register and enter your wallet address.
Bounty airdrops: These involve promoting a product on social media in exchange for tokens.
Holder Airdrops: Users who currently possess a particular cryptocurrency are given tokens.
To locate airdrops and take part in them:
Keep up with cryptocurrency forums and news sources.
Join the social media pages for the blockchain project.
Participate in the cryptocurrency scene.
To avoid frauds, always make sure you have done your research before engaging.