Airdrop

What is it?

An airdrop is a strategic marketing method used in the cryptocurrency space to distribute free tokens or coins to holders of an existing cryptocurrency. This distribution often occurs as part of promotional campaigns aimed at increasing awareness and encouraging the adoption of new projects. 

Airdrops can take various forms, including direct transfers to wallets or requiring users to complete specific tasks, such as following social media accounts or sharing content.

The primary purpose of an airdrop is to generate buzz around a new cryptocurrency project, allowing it to reach a broader audience quickly. By rewarding existing users of a particular blockchain or cryptocurrency, projects can foster loyalty and incentivize community engagement. 

How to use the term?

You might say: "The latest airdrop from XYZ project has attracted significant attention from investors

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