@georgiana1x
How Do Crypto Airdrops Work?
A crypto airdrop is a free token distribution to users for promotional purposes.
Types of Airdrops:
Standard Airdrops – Free tokens sent to users who meet eligibility criteria.
Bounty Airdrops – Requires completing tasks (e.g., social media engagement).
Holder Airdrops – Sent to users holding specific assets (e.g., XRP holders receiving FLR tokens).
Why Projects Do Airdrops:
Marketing – Attracts new users.
Decentralization – Distributes tokens to the community.
How to Participate:
Follow projects on Twitter and Discord for announcements.
Use DeFi protocols early (e.g., Uniswap rewarded early users).
Watch for wallet snapshots (eligibility based on holdings).
Risks:
Scams – Some fake airdrops steal funds.
Dust attacks – Hackers send small tokens to track wallets.
Airdrops offer free tokens, but always verify legitimacy before claiming.
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