Airdrop

Airdrops in the cryptocurrency can be defined as the free distribution of new native tokens for new or upcoming crypto projects tokens for performing some special tasks. This a very powerful marketing type famous in the crypto market, this method has been seriously successful in n the promotion of the new crypto project by attracting new users to paticipate in their Blockchain directly or indirectly.

For doing requested duties users are freely given asset that might become very expensive in the nearest future, especially if the new project becomes successful. There are so many crypto projects that started with this marketing srategy and the users eho benefited from airdrop was largely rewarded. For example coins like MEME,PEPE, DODGE, TRON,SHIBA and so Many more famous project experienced airdropping.

As i have said the main goal for an airdrop is to promote Blockchain related projects, this is used to create a large awareness that generates large amount of audience which turns out to be account owners then project when the project is launched in the crypto ecosystem and the native coins is launched in big crypto exchanges like Bybit, Binace, Hubio etc.

All airdrops are known to share new free tokens to people who perform their tasks, un most cases this airdop team ask people to follow them on centralized social media and refer specific amount of people and they would reward you according to how many referrals you brought to their Blockchain.

I no you might say you have heard about airdrop long time ago, so therefore there are no more airdrop but that's a lie. There areso many air drops still going on. For Example according sorce RPK coin listed on BYBit is still running airdrop to their users, using their app, Tron team still run Airdrops for their new tokens to users who have tron in their wallet.

Also there are still so many airdrop projects like Pi coin, TAC coin, OEX, BONE CROKING, Shibarium punk NFT, Bounty Hunter NFT , and so many still coming up projects.

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Types of Airdrop

• Classic Airdrops:

They classic airdrops is a type of airdrop that don't demand much work from you except from holding a specific older token or coin, just for holding their token an amount of new tokens would be airdroped to you. I gave an example on how tron Blockchain airdroped to me some tijen because i held tron in my wallet in a long period of time .

From Tron Link

• Forked Airdrops:

As the implies forked airdrops are airdrops occurs in a Blockchain after there is a successful hard fork, whenever there's a hard fork on a Blockchain a new Token is born. It happened in Luna Blockchain after the price crash, so therefore the team wanted to compasate people by airdroping LUNC ctoken to all Luna coin holders.

• Holder Airdrops:

There are types of airdrops similar to classic airdrops but in this case the token the expct you to hold must be same with the token there are airdropping to users.

• Bounty Airdrops:

In this kind of airdrop you would be asked to do jobs that promote their Blockchain, in most cases your asked to be referrenew users or some cases you're asked to follow them on their social media platforms especially social medias like Twitter and telegram where they share information

From telegram

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Note: Be careful when chasing airdrop because there are much scams out there, so try not to fall victim of any crypto scam.

Thanks for going through remember starrchris cares ❤️.