What is Crypto Airdrop?

How it works

  • Announcement: The extend reports the airdrop on social media.
  • Requirements: Clients may require to total an errand, like marking up with their wallet address, to qualify.
  • Selection: The extend may utilize a preview to recognize which addresses qualify.
  • Distribution: The venture sends the tokens straightforwardly to the users’ wallets.

Why it’s used

  • New ventures: Airdrops are frequently utilized to dispatch unused cryptocurrencies or DeFi conventions.
  • Reward existing clients: Airdrops can be utilized to remunerate clients who have upheld the venture for a long time.
  • Spread mindfulness: Airdrops are a way to create intrigue and construct a community around the extend.

How to join new Airdrops projects

  1. You can also join my Telegram channel: https://t.me/cryptoairdrops_804
  2. You can also follow on X: https://x.com/telegramBots804

Examples of airdrops

Ontology (ONT)

  • In 2018, Cosmology disseminated 10 million ONT tokens to NEO holders and bulletin endorsers.

Stellar Lumens (XLM)

  • In 2019, Stellar disseminated 2 billion XLM to clients of different cryptocurrency wallets and trades.

Risks

  • Hackers may utilize fake tokens to trap clients into going by false websites.

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