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AIRDROPS

Part 1

Airdrop in Cryptocurrency

An airdrop is a marketing strategy in the cryptocurrency industry where a project distributes free tokens or coins to a large number of wallet addresses. The primary purpose of an airdrop is to raise awareness and generate interest in a new cryptocurrency or project.

How Airdrops Work

• The project team announces an airdrop and sets eligibility criteria for participants.

• Participants typically need to complete certain tasks, such as following the project on social media, joining a Telegram group, or holding a specific cryptocurrency in their wallet.

• The project team then distributes the tokens or coins to eligible participants' wallet addresses.

• Airdrops can be one-time events or ongoing campaigns.

Types of Airdrops

• Standard Airdrop: Participants receive tokens or coins for completing simple tasks.

• Exclusive Airdrop: Tokens or coins are distributed to a select group of individuals, such as early adopters or influencers.

• Holder Airdrop: Participants receive tokens or coins for holding a specific cryptocurrency in their wallet for a certain period.

• Retroactive Airdrop: Tokens or coins are distributed to users who have previously interacted with a project or used a specific platform.