Free distributions of digital currencies, known as “Airdrops”,

are the process of distributing free digital tokens to users’ wallets. These distributions can be part of the launch of a new currency or updates to the blockchain network. The goal of these distributions is to raise awareness of the new currency and encourage users to use it and participate in the currency ecosystem.

Free distributions for early participants: These are given to users who join a project in its early stages.

Benefits of free distributions

Increasing awareness: Free distributions help spread awareness about the new digital currency and increase users.

Incentivizing participation: Encourages users to interact with the project and participate.

Decentralization of the network: Contributes to the widespread distribution of tokens, which enhances the decentralization of the network.

Challenges and risks

Fraud: Some free distributions may be part of user information operations.

Inflation: Distributing large amounts of free tokens may inflate the supply and reduce the value of the currency.

Taxes: Free distributions may be subject to taxes in some countries, requiring users to report them.

Examples of Free Distributions In 2024, the market witnessed several notable free distributions such as (HSK) (LSD) (CBL). These distributions were intended to reward early adopters.