Hello friend @uzma4882.
It was a nice time reading through you entry into this concept of Airdrops and giveaways in the home of cryptocurrency..there are so much to learn about this events that happens in the world digital assets. First of all, what are the essence and objectives of airdrops and giveaways. Mostly and majorly, these activities are meant to promote a certain and probably new token, coins into the digital market. It is also a way whereby a project developers gets to see means to boost his community structure and gain more engagement, visibility and possible awareness about his project. In this concept, the objectives of Airdrops also fall to the rewarding of participating users in the event, especially loyal fans, supporters and partners. It's is not a new news of AirDrop in the crypto space as there are lots of token and projects that have used the systems of AirDrop to skyrocket their project into the market.

There are many projects in the past which includes; sushiswap, uniswap, binance, byte, XRM, notcoin and more.

KYC and AML are good regulatory conditions and challenges that needs to be met inorder to pilot the activities of the airdrop event. In this case the users and participants will have an assurance that there will be safety to their wallet and tokens

Nice writing mate!
Thanks for sharing