In the world of cryptocurrencies, an “airdrop” is an event where tokens or coins are distributed free of charge to holders of a specific cryptocurrency wallet. Airdrops are a strategy used by blockchain projects to promote new tokens, increase visibility, and encourage distribution and mass adoption.
Types of Airdrops 🎁
Reward Airdrops: These are promotional events where users receive tokens for completing specific tasks, such as subscribing to a platform, sharing posts on social media or contributing to the project in some way.
Support Airdrops: Occur when a project distributes tokens to holders of an existing cryptocurrency, usually in proportion to the amount they hold. This is common during network forks or upgrades.
Exclusive Airdrops: Intended for a select group of participants, such as active users or initial project contributors.
Surprise Airdrops: These are random distributions that occur without prior notice, often to generate buzz and attract attention to the project.
Examples of Successful Airdrops
Uniswap $UNI
: In September 2020, the Uniswap platform surprised the community by distributing 400 UNI tokens to everyone who had used its platform.
Stellar $XLM
: Stellar conducted one of the largest airdrops in history, distributing around $125 million in XLM to Blockchain.com wallet users.
Decred $DCR
: In 2016, Decred launched an airdrop that distributed 258 DCR to around 3,000 selected participants who signed up and provided information about themselves.
🎁👉Airdrops
