#AirdropGuide Airdrop (Cryptocurrencies)

An airdrop is the distribution of cryptocurrency, usually for free, to several e-wallet addresses. Airdrops are used as a way to attract attention and gain new followers (buyers of the coin), leading to a larger user base and greater distribution of coins.

Airdrops aim to take advantage of the network effect by involving holders of a specific currency (blockchain-based cryptocurrency) such as Bitcoin or Ethereum in their coins or projects.

In the United States, this practice has raised issues regarding tax liability (or tax liability) and whether it amounts to income or capital gains