Crypto Glossary

Posted on September 11, 2021 in
Glossary

Airdrop

Airdrop refers to a method of distribution of cryptocurrency or tokens to wallets on a particular blockchain. It is usually done for marketing purposes to incentivize the token holder to become a participant in the blockchain network.

What is Airdrop?

Cryptocurrency airdropping

Most often airdrop activities run with mechanics such as receiving coins or tokens in exchange for participating on campaigns, referring friends or downloading an application.

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