Continuing our weekly series on crypto terms every Wednesday, today we dive into the meaning of "airdrop."
Airdrop is a popular method in the cryptocurrency world to distribute tokens to users for free. Typically, crypto projects use airdrops to promote awareness, reward early adopters, or attract new users.
Participants might receive tokens simply for holding a specific cryptocurrency, joining a project’s community, or completing simple tasks like sharing on social media.
Airdrops help introduce new tokens into the market and engage potential supporters, giving users a low-risk way to explore new projects.
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