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What is a crypto airdrop? – Devices

More and more people are buying digital coins. In this online world crypto airdrops also occur, we explain what this is.

It is becoming more and more common: crypto airdrops. If you already own digital coins and you often interact with new and existing platforms, you have probably already seen it. You can receive an airdrop that way. Airdrops include crypto projects that massively send free tokens to their communities to encourage adoption. Basically just marketing to create value. If you handle this smartly, you can earn quite a bit.

crypto airdrop

It is also a logical strategy. If you’ve created a new coin, no one has them yet. Also, people don’t just buy them. With an airdrop, developers hope that recipients will be more likely to participate in the associated project. Even if it’s just to learn how to redeem the free tokens into something else.

The concept is not new either, it has been around for a long time in the offline world. Think of a brochure that falls through your letterbox containing a discount card. This card encourages you to go to a new store. However, a crypto airdrop is not primarily about getting the recipient to spend money, but to raise awareness for new projects and services.

Give a little, take a little

Of course you don’t get it for nothing. In most cases, a crypto airdrop is issued to users in exchange for completing a certain task. These tasks often include things like following a social media account, retweeting a message, sending a transaction, creating an account, or receiving updates. And if many people do this, the value of the tokens will increase. Yours too.

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