What is a Crypto Airdrop and how it works

[crypto-98As-talk 0]

Encryption is a practice whereby current holders of a cryptocurrency, such as Bitcoin, receive free tokens as a reward. In lay terms, it is a tribute that aims to promote a particular block. It also rewards loyal customers in an effort to ensure that they continue to subscribe to a particular blockchain platform.

How does it work
This practice is relatively recent on the crypto market. Consequently, no concrete rules on the operation have yet been defined. Perhaps they are on the verge of being developed, as the project has gained much popularity. Some encrypted websites display the rules, but with most, you must contact the developer for more details.

The team behind a particular event announces a date for the airdrop. Once the set date has materialized, the crew that manages the take-off run takes a snapshot of the blockchain, with the result that the holders of the relative cryptographic currency receive free e-tokens. Most encrypted blockchains, especially those in the start-up phase, prefer to announce an early launch, rather than surprise planes, all in an attempt to start their own projects.

Why Airdrop?
The main reason for this practice is to create awareness, especially for a new virtual currency. The world of virtual currency relies heavily on "hype". People are constantly looking for the next exciting thing and, as such, free tokens provide an incentive to attract more people to a project. The announcement of an imminent aerial scenario creates the necessary buzz on both social media and the world of virtual currency.

Airdrops also helps projects to acquire a valuable database, essential for identifying potential customers. Some air drops require customers to complete several online forms. For example, Universa.i or airdrop required potential participants to provide their Facebook list in order to qualify. Customers should always pay attention to scam sites and be sure to provide information only to official sites. Furthermore, you should never reveal your personal access information to any airdrop organization.

How to get information on Airdrops
Numerous websites and online platforms have been created with the aim of informing users about previous, future and ongoing runways. A good example is the Icodrops and Airdrop alerts, which also offer useful advice on upcoming airports. Another way to access airport information is to keep track of the various social media platforms that interest you and which could be Reddit and Telegram.

Are there ICOs?
Basically, an ICO airdrop occurs where a company that launches the first (initial) coin offering offers some of its coins to those interested in virtual currencies for free as a marketing gimmick. Sometimes, however, it may require participants to perform simple tasks.

The team behind Airdrop
This depends largely on the virtual currency involved. However, there are organizations like the Blockchain Education Network that organize airdrop events to create awareness and also to introduce new people to digital currencies.

Wallet
In order to successfully participate in an airdrop, it is essential to have a virtual currency such as BTH or PFUE in your electronic wallet.

Conclusion
It is often said that in the world of product promotion, knowledge marks the beginning of the buyer's journey. According to psychology experts, it's more likely to buy something you've seen or heard of before than something you're not familiar with. It can be said that air drops have used this concept more than successfully.

[Migo 7946]

Most of airdrops now are scam and very few of them deserve trying, because when they launched they became useless and most of them stay without any price 

[Pratzz 23]

Airdrops can be best option for newbies but they should take proper knowledge and after they should take good advice so that airdrops can make them.huge profit. 

[Lubruselu 2803]

Airdrops are the free coins that's are always landed to users in order to promote the coins or exchange.

But in order to receive the airdrops you must fulfill their needs such as tweet their platform or create YouTube videos

[kimberly24 692]

This is a good question where in technology nowadays are evolving and I think I am one of those people who just left behind. I need to know about airdrops too.

[tomshin 71]

Only for one year

[mani982 286]

Crypto Airdrop is a free permoting system 

when a company launch its crypto they distribute a some quantity of their crypto in free with people and give some free  coin .people join them therir social and share them on social media and permote them 

[mani982 286]

When  new crypto is launch then they advertise their project and distribute some quantity with people to share their project and and also starts ieo to the investor to buy their coin at low price 

[miskyming 1588]

I don't recommend to join airdrops these days especially newbies because most of them are scam.. It is really waste time doing that better to join bounties to the other forums like bitcointalk.

[MohammadMohsin 569]

Thanks for these valuable informations mate! I never fully knew about airdrops. But for you now I get what the main thing is! Keep sharing these kinds of post with us. 

[Suleman prince 9]

Very good cryptotalk.I use cryptotalk and telegram but normally what i see in cryptotalk are.

[melikf78 987]

airdops are give you some of their tokens for free but you have to do simple tasks like joining in telegram channel subscribe in youtube or following in twitter to get your reward 

[Satishmolankar 1703]

When ever a new coins launch it is give like crypto airdrop and you can earn with doing simple task and earn it but have and account like erc20 wallet to receive crypto airdrops in your erc20 account 

[rajonmia 181]

An airdrop, in the cryptocurrency business, is a marketing stunt that involves sending free coins or tokens to wallet addresses in order to promote awareness of a new virtual currency. Small amounts of the new virtual currency are sent to wallets for free or in return for a small service such as retweeting a post sent by the company issuing the currency.

[Kaëns Christophe 231]

An aidrop is a mechanism which allows free donation of new coins to people in order to discover a new projet.

How does it works? Each airdro is different but often they askb you to follow their support media as Facebook, twitter, Instagram and share that with orther people. This the way they use to makr know their new project.

[doriahailee 643]

It's just like free money (If you lucky joining some airdrop that have value or their token already listed on exchange) It's simple, We complete task and get rewarded but also we must be careful to join airdrop, Just don't easily give your data and always use different password.

[Grease Lightning 169]

4 minutes ago, doriahailee said:

It's just like free money (If you lucky joining some airdrop that have value or their token already listed on exchange) It's simple, We complete task and get rewarded but also we must be careful to join airdrop, Just don't easily give your data and always use different password.

What I know is crypto airdrop should free form data exchange. All we need is to provide a wallet address and maybe an email address. 

[mrking049 260]

Crypto airdrops are a free crypto tokens which team divide in people that people promote and share their project on social media like twitter , facebook , Instagram etc. This is crypto money. When project launchs you can sell airdrop token and get money. You can also do trading and  get huge money.

[gigabyteRTX 1583]

I remembered that a while ago there is an airdrop event in yobit and unfortunately I didn't pay attention to it knowing that it may be a scam or you can only get a minimal amount of money, but the opposite happens, my friend update me that he gets a little bit high of amount and it was legit, and yobit truly offer this event, so now I'm waiting for the next airdrop and hoping to get a high amount of money.

[BTC Future 3946]

Airdrops are usually a waste of time. I participated in thousands of them and got really low rewards. 

 

Most of them didn't pay. The ones that paid most of them didn't have any demand, were never listed on an exchange and you couldn't sell even at Forkdelta were no buyers.

There are like one out of one hundred that you might make 10$ but nothing else.

The site with the best airdrops was airdropsalert, the rest usually post every scam there is outthere that needs free marketing.

[doriahailee 643]

11 hours ago, Grease Lightning said:

What I know is crypto airdrop should free form data exchange. All we need is to provide a wallet address and maybe an email address. 

That was possible too but some airdrop was require some action like retweeting or liking, Just read the details before joining any airdrop before mate and always be careful if asking some vital data and password.

[Lubruselu 2803]

On 12/18/2019 at 12:53 PM, Migo said:

Most of airdrops now are scam and very few of them deserve trying, because when they launched they became useless and most of them stay without any price 

I've already joined more than six airdropes till now and all airdropes were scam so I don't recommended you to use them they will lost your time

[Maaz sultan 265]

Crypto airdrop produce when distributing new tokens by awarding them to the population that have block chain and cypto coin .

[HammadAli 91]

On 12/18/2019 at 3:12 PM, Lubruselu said:

Airdrops are the free coins that's are always landed to users in order to promote the coins or exchange.

But in order to receive the airdrops you must fulfill their needs such as tweet their platform or create YouTube videos

Ya. Can you name some good airdrop sites? 

[vynz 540]

Crypto Airdrop refers to it is a free distribution of small amounts of certain virtual currency tokes to its community members. If you hold a type of a coin you're automatically eligible to claim other coins or tokens.