Web3 is changing the way we think about digital assets and, with it, the way startups promote their tokens and Non-Fungible Tokens (NFTs) collections.
One way that projects leverage this new technology is through airdrops, which involve issuing digital assets to users to reward early community members for their loyalty and promote the project's reach.
However, with the potential for liquidity and the necessity of paying gas fees, there are both risks and rewards to participating in crypto airdrops. In this comprehensive guide, we will explore the various aspects of airdrops in the crypto world and provide insights into the benefits and pitfalls of participating.
Airdrops are free tokens or coins distributed to a large number of wallet addresses in the context of blockchain technology and cryptocurrency. You may now wonder how to receive an airdrop.
