What is Crypto AirDrop?

 What is Crypto AirDrop?

Airdrops is Phase when the developer of a crypto platform gives out the free crypto points,tokens or coins. You may be wondering the purpose of this? It is because of essentially a form of advertising and to spread the use of the coin. 

Main purpose of the Airdrop is like as Advertisement of coin

Developers want people to see that the coin has been added to their account and then to possibly try out their coin. Sometimes, however, they are used to reward early adopters of an application or protocol. Uniswap did just this, actually.

Type of Airdrop

there are two type of airdrop

Instant Airdrop : in this type on coin site developer give instant airdrop tokens in your wallet for following the social account of developer

Points Airdrop : in this type user collect pints of airdrop by social task and referring friend after coin listing points change into token and you can withdraw

Conclusion

So now that you know what airdrops are and how they work, you should definitely consider subscribing if you aren’t already, because we may retroactively send you some free notifications for our future content quite similar to this one!

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BY The Way You Look Cool Today

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