What is an Airdrop? Definition: An airdrop in the cryptocurrency and blockchain world refers to the distribution of free tokens or coins to users' wallets. 🎁
Purpose: It's often used by projects to bootstrap their communities and increase token circulation. 🚀
Criteria: Participants usually need to fulfill certain criteria, such as holding a specific cryptocurrency or registering on a platform. 📋
Benefits: Airdrops can be a strategic marketing tactic to raise awareness, reward early adopters, and encourage user engagement without requiring any financial commitment upfront. 💡
