Airdrops are a method of distributing (free) tokens to users, often used to generate project buzz, reward specific behaviors, or create a community. They can serve various purposes, such as rewarding loyal customers, generating excitement, identifying potential customers, or incentivizing followers to promote the project. While their origins are somewhat unclear, airdrops have gained popularity, with both, large exchanges (like Binance and Uniswap), and small projects utilizing them. Airdrops come in two main types: announced, with specific release dates, and unannounced, which surprise recipients. Finding airdrops is facilitated by forums and distribution channels like Telegram. Concerns about their effectiveness and tax implications have arisen, but they remain a popular marketing tool for blockchain projects, despite potential regulatory challenges. Fake airdrops are another concern, since they are a method used by scammers and thieves; therefore, it is advised to do thorough research prior to engaging.
Airdrop
CRYPTO GLOSSARY
Blockchain
- Altcoin
- Block
- Blockchain
- Confirmation
- Cross-Chain
- Crypto Glossary
- Cryptocurrency
- Cryptography
- Custodial Wallet
- dApp (Decentralized App)
- Decentralization
- Decentralized Autonomous Organization (DAO)
- Decentralized Finance (DeFi)
- ERC-20
- ERC-721
- Ether (ETH)
- Fork (Blockchain Fork)
- Gas (Ethereum Gas)
- Gas Limit
- Gwei
- Hardware Wallet
- Immutable
- Immutable Ledger
- Mining (Cryptocurrency Mining)
- Mining Pool
- Node
- Non-Custodial Wallet
- Open-Source
- Oracle
- Oracles (Blockchain Oracles)
- Private Blockchain
- Private Key
- Proof-of-Stake (PoS)
- Public Key
- Public Key Infrastructure (PKI)
- Richard Heart
- Satoshi Nakamoto
- Seed Phrase (Recovery Phrase, Seed Words)
- SLIP-0039
- Smart Contract
- Smart Contract Audit
- Stablecoin
- Token
- Tokenomics
- Validator
- Vitalik Buterin
- Wallet Address
- Whitepaper
Crypto Finance
- Airdrop
- All Time High (ATH)
- All Time Low (ATL)
- Bitcoin
- Cardano (ADA)
- Chainlink (LINK)
- Circulating Supply
- Crypto Glossary
- Dogecoin (DOGE)
- ERC-20
- ERC-721
- Ether (ETH)
- Fake Airdrops
- Gas Limit
- Gwei
- HEX
- Hodl
- KYC (Know Your Customer)
- Liquidity
- Litecoin (LTC)
- Market Cup
- Monero (XMR)
- Polkadot (DOT)
- PulseChain (PLS)
- PulseX PLSX
- Richard Heart
- Ripple (XRP)
- ROI (Return On Investment)
- Satoshi
- Satoshi Nakamoto
- Stellar (XLM)
- STO (Security Token Offering)
- Tezos (XTZ)
- Trading
- Trading Pair
- Volatile (Volatility)
- Volatility
- Wallet Address
- Wei
- Whale
- Whitepaper
- Yield Farming
- Zero-Knowledge Proofs (ZKPs)
- zk-SNARK
Crypto Security
- All Time Low (ATL)
- BIP-39
- Confirmation
- Crypto Glossary
- Cryptography
- Cryptojacking
- Custodial Wallet
- Decentralization
- Decentralized Private Network (DPN)
- Fake Airdrops
- Hardware Wallet
- Immutable
- KYC (Know Your Customer)
- Malware
- Open-Source
- Passphrase
- Pharming
- Private Key
- Public Key
- Public Key Infrastructure (PKI)
- Seed Phrase (Recovery Phrase, Seed Words)
- Shamir Backup (Shamir’s Secret Sharing)
- SLIP-0039
- Smart Contract Audit
- Trojan
- Two-Factor Authentication (2FA)
- Virtual Private Network (VPN)
- Wallet
- Wallet Address
- Zero-Knowledge Proof (ZKP)
- Zero-Knowledge Proofs (ZKPs)
- zk-SNARK