Many people come into the chat rooms I monitor and ask “What is a crypto airdrop?” or “How do I claim an airdrop?” Because of this, I wanted to share some of my knowledge about airdrops and even go into what types of airdrops there are. What does airdrop mean in cryptocurrency? An airdrop is just a form of distributing cryptocurrency to users. However, unlike ICO’s (Initial Coin Offerings) airdrops are usually given for free although there may be certain restrictions on some airdrops that are issued. Since the EOS network arrived in June 2018 we have seen many types
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Airdrops are essentially free coins and tokens that are given out by crypto companies to their communities in order to increase their following and bring attention to their project.
A ‘bounty’ drop is a type of airdrop, whereby you have the chance to be rewarded in coins or tokens for completing a few simple tasks, usually on social media. Bounties are very popular as they create a lot of traction and visibility for the project, while getting people within the crypto community involved. For the user, liking and sharing a few posts doesn’t take very long but it gives the user the opportunity to be involved in a potentially successful crypto project.
Alternatively, other airdrops do simply reward you with coins for just holding a coin.
You should check out Freecoins24, https://freecoins24.io/, they are a free directory of the very best crypto airdrops currently available at an international level.