A crypto airdrop is when a blockchain project distributes free tokens or coins to the crypto community.
These free cryptocurrencies (also called coins or tokens) are distributed by new projects.
To be a recipient of an crypto airdrop often the only requirement is that you have coins from the relevant blockchain stored in your wallet.
Every airdrop has a different set of rules.
Currently new airdrops require retweets on Twitter, usually you need a minimum amount of followers. Make sure you have active social media accounts to be eligible for these free crypto tokens.
Most airdrops of today require to join their Telegram group so make sure to download the Telegram app.
Other possible requirements are:
Slack & Discord
Check your wallets regularly to see if you received surprise airdrops. Platforms like Waves or Komodo have delivered airdrops for Waves or Komodo holders without any announcement.
If you are an investor holding a diverse portfolio of coins you are likely to be receiving more and more free crypto as this concept keeps gaining popularity.
If you’re not paying for the product, you are the product. With doing an airdrop the project creates awareness about their ICO or token. It brings people to the project that otherwise would not have owned or heard about it. It could lead to token price appreciation, since people value a token they own higher than a token they don’t own. This is called the endowment effect.
On various exchanges. Since the cryptocurrencies mainly come from new companies, they are not yet listed on the big exchanges like Binance. However, there are dozens more small Exchanges. You can check the token’s website or Twitter. New exchange listings are usually widely announced. Then you only have to create an account at the Exchange and you can usually exchange the tokens for Ether or Bitcoin.
That’s normal ! The airdrops usually take place before the token sale but the distribution is after the successful token sale. This can take from a few weeks to several months. In a few cases no tokens are distributed, because the company fails to sell enough tokens and the project unfortunately fails. We publish a weekly report every Monday with tokens distributed this week.
Do you want to list your airdrop on Airdropnote.com ?
Please note that listing on AirdropAlert is free. Because we have a very long queue of pending Airdrops to be listed on AirdropAlert it might take several days for your Airdrop to be published. If you want your Airdrop to be reviewed before others, apply for Priority application.
Go ahead and submit your airdrop !