Cryptocurrency and Blockchain Glossary
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  • Airdrop

    When a new cryptocurrency is created, it needs to gain users. One way of doing this through an airdrop. In the cryptocurrency world, airdrop refers to a procedure through which a blockchain project distributes free tokens to community members.

    To qualify for the free gift, one may need to hold a minimum quantity of the cryptocoins in his/her wallet, or may need to perform certain tasks that include posting on social media forums, connecting with a particular member of the blockchain project, or writing a blog post.