In a holder airdrop, all you need to do is "HODL" a specific cryptocurrency in your wallet at a certain time. A snapshot is generally taken of eligible wallets, and tokens are distributed based on the wallet's balance. This type of airdrop is common when new projects want to reward u...
What is an NFT? You might recognize NFT as an acronym for “non-fungible token,” but understanding it involves more than just a bit of crypto trivia. Let’s break it down, starting with the “token” part. Tokens vs. cryptocurrencies Tokens are similar to cryptocurrencies like Bitcoin...
Standard airdrop:In a standard crypto airdrop, users only need to provide a wallet address to receive free tokens. There is usually a cap on the number of tokens each participant may obtain. Standard airdrops are time-sensitive and popular because they’re simple to join. Some people crea...
What is a crypto airdrop? Airdrops are events where a cryptocurrency's development team deposits their crypto token or NFT into your crypto wallet. The value of an airdrop for individual recipients at the time of deposit has ranged from fractions of a cent to 6 figures, though they typical...
What type of tokens get distributed through airdrops, really depends on the project. Sometimes these are utility tokens, while in other cases governance tokens. The reason why companies create a crypto airdrop, is because this instantly creates a market for their token. In addition, this automa...
“In an airdrop, you would open your crypto wallet and the airdropped item would magically be there,” said Gregory Keogh, SVP of customer success at Curios, a white-label NFT marketplace.“It is very similar to having a surprise birthday present mailed to your house.” What Is a Crypt...
Steve Aokiis working on a showbased on a character froma previous NFT drop, calledDominion X. Theshow’s sitesays that it’ll be an episodic series launched on the blockchain (the first short video ison OpenSea), and there are hundreds of NFTs already associated with the show. ...
Startups primarily deploy airdrops to generate community chatter and raise awareness about their cryptocurrency or NFT project. If there is a lot of publicity, airdrops also help boost the price of a token upon itsinitial coin offering (ICO)or first listing on a cryptocurrency exchange. The ...
Ownership of a pixelated owl Moonbird NFT grants you perks. First, you'll receive intellectual rights over your Moonbird NFTs. Then, you will gain entry into an NFT-gated discord server, where you will be updated on incoming airdrops and community events. Also, Moonbirds offer "nesting" ...
The crypto airdrop process begins by the project or company deciding the need for an airdrop. This may be in response to market strategies, ahard forkin the network, or to incentivize existing investors. The initial step is to select how the airdrop will be facilitated and who is eligible...