Airdrop

In crypto, an airdrop is when free tokens or coins are sent directly to users’ wallets. It’s a marketing move — projects reward early supporters or attract new ones by giving away assets, no purchase needed.

Airdrops come in different forms. Some projects send tokens to users who hold a specific cryptocurrency. Others require tasks like signing up for a newsletter, following social media accounts, or testing a beta app. Bigger platforms like Uniswap or Arbitrum have even airdropped tokens worth thousands of dollars to early users.

While airdrops can offer big rewards, they also come with risks. Scammers often use fake airdrops to trick users into giving up private keys or clicking malicious links. It’s crucial to verify the legitimacy of any airdrop and never share sensitive wallet info.

Why Airdrops Matter

Airdrops help kickstart new crypto communities, reward loyalty, and give users a chance to participate in governance or staking. For users, they’re a chance to get free assets that might grow in value over time — with little to no initial investment.