🚨 Why are airdrop quantities frozen? And what is the importance of this step in supporting projects? 🔒
In the world of cryptocurrencies, many projects resort to freezing or locking certain amounts of tokens (currencies) distributed via airdrops or initial sales. Many may wonder why this happens? And what makes this step pivotal to the success of the project? 🤔
What is a freeze on quantities?
Freezing quantities means blocking a portion of the distributed tokens and preventing their trading or sale for a specific period of time. This process is implemented via smart contracts that are programmed with locking mechanisms that prevent access to these tokens before the freeze period ends.