An airdrop is a marketing strategy used by blockchain-based companies to distribute tokens or cryptocurrencies for free to a large number of people. The process involves sending these tokens to the wallets of individuals who have completed specific tasks, such as joining social media groups, sharing content, or participating in community discussions. Airdrops are often used as a means to create buzz around a new cryptocurrency, increase its adoption rate, and reward early adopters. Airdrops can be an effective way to attract new users to a platform, but they can also be risky, as some airdrops may be fraudulent or have hidden requirements that participants may not be aware of.
Next is Aptos🚀…we’ll talk about it in my next post.