#AirdropGuide

A crypto airdrop is a marketing strategy used by blockchain-based projects to distribute free tokens or cryptocurrencies to a large number of wallet addresses. The primary purpose of an airdrop is to increase awareness about a new cryptocurrency or blockchain project, attract new users, and reward loyal members of the community. Airdrops can be classified into two main types: standard airdrops and bounty airdrops. Standard airdrops usually involve distributing tokens to existing cryptocurrency holders. These holders might need to meet certain criteria, such as holding a specific cryptocurrency in their wallets or maintaining a certain balance. For instance, a blockchain project might distribute its tokens to Ethereum holders. The amount received can be proportional to the amount of Ethereum held by the user. This type of airdrop aims to leverage the established user base of popular cryptocurrencies to gain traction and visibility.

On the other hand, bounty airdrops require participants to complete specific tasks or engage in promotional activities to receive the free tokens. These tasks can range from following the project's social media accounts, sharing posts, referring friends, or even creating content like blog posts or videos about the project. Bounty airdrops are designed to incentivize community engagement and create organic buzz around the project. The tasks required for bounty airdrops often help in spreading the word and generating interest, as participants typically share information within their networks, thus reaching a wider audience.

The process of conducting an airdrop generally starts with the project team defining the eligibility criteria and the total number of tokens to be distributed. For standard airdrops, the team takes a snapshot of the blockchain at a specific time to capture the list of wallet addresses holding the specified cryptocurrency. This snapshot ensures that only the wallets holding the required balance at the time are eligible for the airdrop.

Crypto airdrops offer several benefits to both the project