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What is Airdrop?
Airdrop, which means “air drop” in Turkish, refers to a marketing method in the cryptocurrency world.
Projects that will launch a new cryptocurrency can increase the recognition of their cryptocurrencies by organizing a coin airdrop or token airdrop.
Generally, tokens are added to your account for free or by doing tasks set by the project. For example, following social media accounts, sharing posts or participating in community channels.
Contributions of Airdrops to the Project
▪︎(XLM): Stellar carried out one of the largest airdrops by distributing $125 million worth of XLM to its users. This campaign enabled Stellar to reach huge audiences.
Airdrop Finding and Participation Strategies
▪︎I usually follow new airdrops on AirdropAlert and Airdrops.io. Before participating in the airdrop, I research the project and look at the project's team, communities and partners.
▪︎Interact with the project's community on social media platforms such as Twitter, Telegram, Discord and Reddit. Active communities generally indicate a more trustworthy and participatory project.
