STRATEGIC AIRDROP DISTRIBUTION

Hello to everyone in this great community today and on this great wonderful platform at large. I greet you all in good spirit and I want to believe that we all are doing just great today and if so we give God the praise for the sustenance of life and good health.

I welcome you all to a great week alongside a great day and I want to believe that we all are having a good time at wherever we may be. And I want to believe that we all are certain doing perfectly too.

Today I am here amidst you all with an insightful and interesting teaching as such I have tagged the teaching for today as CRYPTOCURRENCY AIRDROP DISTRIBUTION.

I know that a lot of newbies in this community might probably be wondering what does the word airdrop signifies. Do not panic as I am here to do justice to the above topic. So I urge you all to stay calm, sit tight and enjoy the teaching as I begin the discussion for today. I wish you a happy reading!

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Before I go straight to the teaching for today I will like to explain a particular terminology for the purpose of enhancing understanding regarding the said concept. This is important so as to get an insight regarding the given term Airdrop and also to get an idea about it relationship with cryptocurrency.

WHAT IS AN AIRDROP

Airdrop according to conventional explanation it is seen as the scenario by which a particular thing is given or dispersed to individuals in concern without receiving a payment for such items as though these individuals are considered participants regarding that said item that is been distributed.

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In others words Airdrop is considered as a specific thing that is distribution among certain users that have met all the necessary criteria for receiving such thing and this particular item that is being distributed among certain selected individuals is free.

Now in cryptocurrency terms Airdrop can be denoted as the situation by which certain digital assets are dispatched among a specific number of individuals wallet addresses at a particular time. It is done simultaneously and these individuals are considered to be the early adopters as such they get these airdrop for free without paying a dime.

Although there are certain ways to get you on this list and these ways warrants an individual to perform certain tasks given by the founders regarding the project in question. On account of completing the tasks that was given gives an individual an edge of receiving such Airdrop in dew time.

CRYPTOCURRENCY AIRDROP DISTRIBUTION

Airdrop is mostly distributed to the wallet addresses of a great number of individuals that participated in a given task hence they get this Airdrop when they engage in a given assignment or another. Some of these assignments requires money while others are mostly testnets. The reason for the airdrop distributed is so as to create a platform by which individuals will get familiar with the said token that has been distributed.

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When the airdrop is been distribution a lot of people through the distribution will get to know about the existence of such cryptocurrency asset through the activities of those who were given the airdrop and this is seen through the activities regarding buying and selling of the cryptocurrency assets in the cryptocurrency market by those who gained the airdrop.

The airdrop distributed is indeed a way of advertising a particular cryptocurrency token by certain individuals to other individuals and also the distribution is only given to a particular number of individuals that engaged with the project prior to the distribution of the airdrop.

The airdrop is can be distributed to individuals either according to the points earned by a user or the founders might decide to distribute the airdrop equally to certain individuals that interact with the project before the distribution. So it all depends on the judgment of the individuals in question.
.>STRATEGIC AIRDROP DISTRIBUTION

Before a cryptocurrency asset is given to individuals as airdrop, the founders will have to be rest assured that they have gained more audience that are willing to move along with them on the journey regarding the cryptocurrency asset that is to be distributed.

Airdrop is a marketing strategy that is used to make a particular cryptocurrency asset known to many investors and also rewarding early adopters will increase the awareness of the asset there by using that as a strategy to gain more investors who are likely to invest on the particular digital asset project so therefore at the end of the day it is a win-win situation to both the founders and the early adopters.

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CONCLUSION

To wrap it all up for one to be a partaker of an airdrop one must be actively involved by performing different activities that will qualify him or her for the particular airdrop.

The founders make known of their project to the public and the public interact with the project. So as such the individuals that interact with the project gets rewarded with the digital token regarding the said project at the end of the project campaign and as such when the airdrop distributed is over, other investors get to know about the cryptocurrency asset through the trading activities of the said asset by the early adopters.

Thank you all for having me today. We will be looking at the various types of airdrop in our next lesson but I will have to drop the pen here for now. Have a lovely day ahead!