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Crypto Speak: Bounty campaigns These are various reward techniques aimed at attracting new users. They usually involve tasks and rewards for completing them. This is how it goes down: You subscribe to a crypto project’s social media and then, say, perform some actions on the platform. For completing tasks, you may be rewarded with bonus coins or given a chance to participate in a draw for valuable NFTs or tokens. $BTC {spot}(BTCUSDT) #Binance200M

Crypto Speak: Bounty campaigns

These are various reward techniques aimed at attracting new users. They usually involve tasks and rewards for completing them.

This is how it goes down: You subscribe to a crypto project’s social media and then, say, perform some actions on the platform. For completing tasks, you may be rewarded with bonus coins or given a chance to participate in a draw for valuable NFTs or tokens.

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#Binance200M

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#AirdropGuide Crypto Airdrops: Free Tokens or Tricky Marketing? Crypto airdrops are a way for blockchain projects to distribute their new tokens or coins for free (or with minimal effort) to crypto wallet addresses. It's essentially a marketing strategy with the aim of: Raising awareness: Getting people to know about their new project and its purpose.Boosting adoption: Encouraging users to hold and potentially trade the new token once it's available on exchanges.Building a community: Rewarding early adopters and fostering a user base. How Airdrops Work There are different ways projects conduct airdrops. Here are some common types: Standard Airdrops: Anyone with a crypto wallet can participate. These are rare and often target users on a specific blockchain (e.g., airdropping tokens to everyone holding Ethereum on the Ethereum network). Holder Airdrops: These reward users for holding a certain existing coin or token. For instance, a project built on Solana might airdrop tokens to those holding SOL coins in their wallets. Task-Based Airdrops: Here, you need to complete specific actions to qualify, like following a project's social media, joining their Telegram group, or retweeting a post. Exclusive Airdrops: These target a specific group chosen by the project based on factors like holding a different token or being an active user on a particular platform. Finding and Participating in Airdrops 1. Websites: Platforms like DappRadar 2. Social Media: Follow promising projects on Twitter or Telegram to stay updated on potential airdrops. 3. Crypto News Sites: Stay informed about the crypto space; airdrops are often mentioned in news articles. Participating in Airdrops: Always DYOR (Do Your Own Research): Before claiming any airdrop, research the project thoroughly. Are they legitimate? What's their purpose?Beware of Scams: Never share your private key or seed phrase to claim an airdrop. Legitimate airdrops only require your wallet address. Use a Secure Wallet: Only connect a reputable, secure wallet to participate in airdrops
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