A cryptocurrency airdrop is a promotional activity typically performed by blockchain-based setups to help bootstrap a Digital currency projects.

Main Objective of Airdrops

Its main objective is to spread awareness about the crypto-project and to get more investors/traders in it when it lists on an exchange as an initial coin offering (ICO).


Airdrops are generally promoted on the company's website, social media, and cryptocurrency forums. Coins or tokens are sent only to specific wallets like trust wallet based on the blockchain network or coins held in existing wallets.



How Does It Work?

To qualify for the free gift of airdrops, a recipient may need to hold a minimum quantity of the cryptocurrency coins in their wallet or they may need to perform a few tasks, such as posting about the currency on a social media forum, connecting with social media of the blockchain project, or writing a blog post.