AirdropPlease be informed that the original content is in English. Some of our translated content may be generated using automated tools which may not be fully accurate. In case of any discrepancies, the English version shall prevail.

Airdrop

By: WEEX|2024/10/09 16:33:00

An airdrop is a marketing strategy used by blockchain projects to distribute free tokens to cryptocurrency wallet holders. Airdrops can be conducted to raise awareness, reward loyal users, or encourage broader adoption of a token. Users often need to complete certain tasks, such as joining social media channels, sharing content, or holding a specific cryptocurrency, to qualify for an airdrop. 

 

Example: In 2017, the Stellar network conducted a large airdrop by distributing $125 million worth of XLM to users holding Bitcoin. This airdrop helped Stellar gain significant attention and brought thousands of new users into its ecosystem.

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