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Crypto Airdrops for Enthusiasts

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0% found this document useful (0 votes)
26 views4 pages

Crypto Airdrops for Enthusiasts

Uploaded by

Babu Frahmed
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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A list of real, valuable crypto airdrops

Welcome to airdrops.io, a free source that presents the world’s most current
and legitimate cryptocurrency airdrops. We verify and aggregate airdrops
and bounties daily to bring you the most recent and profitable earning
opportunities. Choose an airdrop and follow the instructions provided to
claim free crypto tokens, or vote for your favorite projects!

What are airdrops & bounties?

Many crypto companies distribute free coins to their communities to increase


their project’s visibility, increase the circulating supply and stimulate trade.
These free distributions are commonly known as airdrops.

Most of the airdrops that we present are “bounty” drops, which will reward
you with tokens for completing simple social media tasks (Joining their
Telegram group, reposting on Twitter, etc.). This offering creates a win-win
scenario because the company gets free marketing, and you get free crypto.
Other airdrops will reward you for simply holding a specific coin without
expectation of any reciprocal consideration.

Why are crypto projects and ICOs giving away coins for free?

Cryptocurrencies only hold value because people believe in them and


recognize their worth. The more people who own a cryptocurrency, the more
likely it is to become widely adopted and rise in value. Airdrops are effective
due to the endowment effect, a phenomenon in which people will ascribe
value to things merely because they own them.

By conducting a bounty airdrop, a DeFi startup can create mass awareness


about their project, token sale or pre-ICO with minimal cost to them. Social
media campaigns allow the project to become visible to people who would
otherwise never recognize its existence. Airdrops can also create a vast
network of users who are motivated to push a project’s success by doing
things together like winning community votings for exchange listings.

By rewarding token owners with free airdrops, projects can also encourage
users to hold (HODL) their coin for the long-term. This can effectively lower
the selling pressure of the coin. Holder airdrops have been a popular tactic
amongst some of the most successful crypto projects, like NXT, WAVES,
Bitcore and more.

How do I claim airdrops?


The claim process differs from project to project. Some “holder drops” will
drop tokens automatically into the wallets of users who own a specific coin.
Other projects are snapshot based, and can only be claimed by users who
held the required token during the snapshot, which is a record of token
holders taken at a specific time/block.

Holder Airdrops

An example of a holder airdrop is Byteball, which was initially distributed to


Bitcoin holders. They also airdropped a monthly amount of Bytes into the
wallets of Byteball holders proportional to the amount of BTC/GBYTE that
they held during the drop. These types of drops can create excitement which
often results in significant price action for the particular coin.

Popular Holder Airdrops

The following cryptocurrencies were initially distributed for free:

• Byteball
• Stellar Lumens
• ARDR
• NEM

Participants with strong hands were able to generate notable wealth by


merely holding these airdropped coins through their volatile growth. We
highly recommend to hodl your airdrops as long as possible. There is no
doubt that the majority of crypto projects out there are worthless and they
will fall to zero, but we bring you projects in which we see future potential.
Some of these projects will be very successful, and if you decide to hold onto
their tokens, your future self will be thankful. Check out our holder
airdrops section to find out about the latest airdrops for holders of specific
coins.

Social Media Airdrops and Bounties

For taking part in bounty airdrops, you will likely need active accounts on
social media sites such as Facebook, Twitter, and Telegram. You should also
have a Bitcointalk.org account, as some drops require participants to post
proof of ownership in the forum threads. Most bounty drops will require you
to join a Telegram group and share posts on Facebook and Twitter. After
completing the steps to reserve rewards, you will often need to fill out a form
with your username and wallet address.

What are hard forks?


A hard fork is when a cryptocurrency splits into two separate currencies. The
first hard fork was Bitcoin Cash which was split from Bitcoin at block
#478,558 on August 1st, 2017. Bitcoin forks and the forking of other chains
became popular since then. We list hard forks for mostly informative
purposes, but also because we see them as dividends and similar to an
airdrop. We are not able to verify the safety or legitimacy of hard forks, so
always be cautious and make sure to claim forks with the private key of an
empty wallet.

Retroactive Airdrops

Uniswap introduced a new unique concept of airdrops by retroactively


distributing their new governance token UNI to early Uniswap users that
interacted with the protocol through trading or liquidity provision. Every
wallet that interacted with the protocol before the snapshot is able to claim
at least 400 UNI. Some users made millions of free money from the Uniswap
airdrop. Those so called retroactive airdrops gained traction and several DeFi
protocols soon followed.

Popular Retroactive DeFi Airdrops

The following list shows an excerpt of DeFi protocols that distributed their
governance tokens to early users:

• dYdX
• Uniswap
• Instadapp
• Furucombo

How to find potential retroactive airdrops early?

You want to know what procotols do not have any governance token yet and
could be worth an interaction to be counted in for some potential future
airdrop? Stay tuned, we will launch a Retroactive DeFi Airdrops section soon!
😉

NFT Airdrops

So called non-fungible token (NFT) are unique and non-interchangeable


tokens stored on a digital ledger that can be used to represent real or virtual
assets like artwork, photos, or other types of digital files. Tokenized artworks
became extremely popular in 2021 and some NFTs gained a lot of value. We
also see a rise of projects and artists that decide to airdrop their newly
minted NFTs for free to increase awareness by incentivizing new users.
Exclusive Airdrops

Exclusive airdrops are hosted and managed by airdrops.io. If you have any
questions regarding our exclusive airdrops, or if you would like us to host
your airdrop, contact us by email at mail@airdrops.io.

Disclaimer

Although we strive to list only legitimate projects, we are not responsible for
any problems or losses caused by scams or inaccurate information. Make
sure you never share your private keys!

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