A crypto airdrop is a distribution of cryptocurrency tokens or coins, typically for free, to numerous wallet addresses. These airdrops are often used by blockchain-based projects to gain attention and new followers, or as a way to reward loyal community members. Here are the key points about crypto airdrops
How Airdrops Work
Snapshot : The project team takes a snapshot of all wallets holding a specific cryptocurrency at a particular time.
Eligibility Check : Wallets meeting the criteria (such as holding a minimum amount) are identified.
Distribution : The project distributes the tokens to eligible wallets, either automatically or by requiring the user to claim them.
