FREE AIRDROP

What is airdrop?
Types of airdrop?
Is airdrop really free money?Is airdrop Legit or scam?What do you think about airdrop? 


What is an airdrop?

Let me say this clearly that airdrop is a marketing strategy in the crypto space that attract new investors into a new project or to reward users of an existing project to promote the project. This process might involve giving out their native cryptocurrency to current or potential users' for free or ask them to perform some certain task before giving them out. Crypto airdrops became popular during the initial coin offering boom of 2017.



Types of airdrop?

-Bounty airdrop

-Retroactive airdrop

-Holder airdrop




A bounty airdrop requires users to complete certain tasks, such as sharing a post about the project on Twitter, joining the project's official Telegram, or creating a post and tagging a few friends on Instagram. To claim a bounty airdrop, you'll likely be asked to fill out a form with your wallet address and provide proof that you completed the tasks.



Retroactive airdrop occur when an existing protocols announce it is native token those who meet certain criteria, often by performing a trade or contributing to the project before a cutoff date, are rewarded a certain allocation of the token at launch.

Holders airdrop distribute free tokens to those that hold a certain amount of digital currencies in their wallet. The project team usually takes a snapshot of users' crypto holdings on a specific date and time. If the wallet balance meets the minimum requirement, recipients can claim free tokens according to their holdings at the time of the snapshot.



Is airdrop really free money? Yes it is Free money 
for some tasked might be asked thou

Is airdrop legit or fake ? For anything real there must be fake It can be challenging to tell whether an airdrop is legit or a scam.

Disclaimer:- You should always DYOR before signing up for any airdrop, especially when you need to connect your wallet to a website.


What do you think about airdrop? Let me know in the comment section

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