Airdrop and its purpose
Assalamu Alaikum
Airdrop is a very popular marketing strategy in the cryptocurrency world, where a new or existing blockchain project sends their own tokens or coins to users' digital wallets for free. It's a bit like giving away 'free samples' of a new product at a shopping mall.
Typically, a company gives away these tokens in exchange for certain conditions to promote their project. Participants usually have to do the following:
Follow the project's social media (twitter, telegram, discord).
Share or retweet their posts.
Use a transaction or testnet on their network.
Hold a specific coin (such as ETH or SOL) in advance in a wallet.
There are several business and strategic reasons behind why crypto projects give away valuable tokens for free. When a new project comes to the market, people do not easily learn about it. When an airdrop is given, thousands of people start practicing it. This quickly spreads the name of the project in the crypto community. The main foundation of blockchain is decentralization. If all the tokens are with the project owners only, it is not decentralized. Through airdrop, the tokens are delivered to the wallets of thousands of people, making the network stronger and more secure. Many projects give airdrops to thank their users who have been with them since the beginning. This is sometimes called a 'Retroactive Airdrop'. For example, Uniswap or Arbitrum gave their early users airdrops of tokens worth several thousand dollars. When many people have tokens, they start buying and selling them. This increases the liquidity of the token on exchanges and increases trading volume, which helps increase the value of the token.
| Types | Description |
|---|---|
| standard airdrop | Given only in exchange for signing up or subscribing to the newsletter. |
| bounty airdrop | Given in exchange for working on social media or creating content. |
| holder airdrop | Given to those who keep a specific coin (such as BTC or BNB) in their wallet. |
| Exclusive Airdrop | Given only to certain VIPs or very trusted members of the project. |
It is wrong to think that airdrop means profit. There are some big risks in this case. Sometimes hackers give fake airdrop links. If you connect your wallet or share your 'Private Key', all your funds can be stolen. An unknown coin can suddenly appear in your wallet. Clicking on them or swapping them can be risky. Many fake airdrops are designed to collect your email or personal information. Tip: Never give out your wallet's 'Seed Phrase' or 'Private Key' for an airdrop. Legitimate airdrops never ask for these.
Airdrops are an opportunity to build capital in the cryptocurrency world without investment, if you can choose the right project. However, patience is required here and you always have to be vigilant about security. Today's discussion concludes here. I hope you've found it interesting. Please share your thoughts on today's topic. Prayers for everyone. May everyone be well. Amen.
I’ve always loved sharing my passions with you — from crypto and movie reviews to photography, storytelling, and blogging. Now, continuing that creative journey, I’ve stepped into a brand-new world — Gaming ! 🎮 | 🎥 On my YouTube channel Bokhtiar The Survivor — I’m consistently working to bring you the raw thrill of my gaming experiences — the emotions, the excitement, and those unforgettable moments that make every game feel alive.



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