Home Technology Blockchain What Is Airdrop?

What Is Airdrop?


An airdrop is a distribution of a cryptocurrency token or coin, usually for free, to numerous wallet addresses. Airdrops are primarily implemented as a way of gaining attention and new followers, resulting in a larger user-base and a wider disbursement of coins.

It is often used for promotional and marketing purposes. As such, airdrops are also frequently used to distribute coins and tokens to charity organizations.