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Crypto is a rapidly expanding space and new ways to distribute tokens are continually being developed. Airdrops are used by a wide range of projects, from start-ups to well-established businesses. An airdrop is giving away new coins or tokens to users for free.
Projects are only successful if they can attract and maintain an active user base. An airdrop is basically a marketing strategy to raise awareness of a new currency.
1.Announced Airdrop – Usually created to create a ‘buzz’ around the crypto community for a
particular project, with a fixed release date. These are usually announced on websites such as airdropalert.com. Many of these kinds of airdrops will require the user to participate in certain tasks like joining a telegram group or following a social media page.
2. Unannounced Airdrop – Random Unlike the physical wallet in your back pocket, a cryptocurrency wallet doesn’t actually store currency but the keys to a... More addresses are selected for tokens to appear in, this
could be from using a particular exchange, holding a particular coin or being signed up to a
Smart Airdrops are essentially targeted airdrops. They analyse the type of user that would be most
interested in the project, looking at things like demographics and user interests before distributing the tokens in a more directed manner.
With the crypto space growing every day and new ways for tokens to be distributed being
developed continuously. Although you can significantly profit from crypto airdrops, it’s essential to do your research when taking part in cryptocurrency airdrops.