What Is a Cryptocurrency Airdrop

What Is a Cryptocurrency Airdrop?

Airdrop is a marketing strategy that involves sending coins or tokens to wallet addresses. Small amounts of the new [virtual currency] are sent to the wallets of active members of the blockchain community for free or in return for a small service, such as retweeting a post sent by the company issuing the currency. The ultimate goal of a crypto airdrop is to promote awareness and circulation of a new token or coin.