An airdrop is a marketing strategy used by blockchain-based projects to distribute free tokens or coins to the wallets of active members of the blockchain community, typically to promote a new cryptocurrency. This is often done to gain attention, increase the coin's circulation, and potentially attract new investors by rewarding existing users. To receive an airdrop, users usually need to hold a specific cryptocurrency at a certain time or perform certain tasks such as sharing about the project on social media. Airdrops can be a beneficial way for users to acquire tokens for free and for projects to boost engagement. For more detailed information on how airdrops function and what to expect if participating in one, this article offers a comprehensive guide: https://paybis.com/blog/glossary/what-is-an-airdrop/ It explains the typical requirements for receiving an airdrop and the potential benefits and risks involved.
