Learning about Airdrop : # 01

in #airdrop6 years ago (edited)

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CRYPTOCURRENCY AND TOKEN GIVEAWAY AIRDROP

Why does this unprecedented generosity happen, how are they actually free and most importantly can you profit from these Airdrops?

AIRDROP

Airdrop is a free cryptocurrency or token distribution in order to attract attention to a young project.

CONDITIONS FOR PARTICIPATING IN AN AIRDROP

To participate in an airdrop, you need to fulfill several conditions such as signing up on a project website or owning a certain amount of another cryptocurrency. And of course, you would need a crypto wallet that supports the distributed coins.

AIRDROPS ARE SPLIT IN TWO CATEGORIES

  • AUTOMATIC

The first one being is Automatic. It is carried out among a group of users suitable for certain criteria. At the same time the participants of the airdrop don't have to do anything. In fact, many of them find new tokens later on in their wallet.

  • STIMULATING

The second type is the stimulating airdrop when the cryptocurrency distribution is carried out in order to attract attention to the project. Usually participating in such an airdrop would require performing a simple action such as subscribing to a telegram group, signing up on the website and so on.

You can participate in an airdrop without even knowing about it, but if your goal is to Gotta catch 'em all!, then it is important to know ahead of all the upcoming giveaways.

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Thanks for sharing, upvoted you!

Also, if you are looking to get some tokens without investing or mining check out Crowdholding (https://www.crowdholding.com). They are a co-creation platform were you get rewarded for giving feedback to crypto startups on the platform. You can earn Crowdholding's token as well as DeepOnion, ITF, Smartcash and many other ERC-20 tokens.

Cool explanation, the perfect example for that is this. https://news.kucoin.com/en/iog-campaign-rewards-distributed/, if you follow the bot back then, you should probably received an IOG right now.

This post has received a 33.33% upvote from @lovejuice thanks to @aftabkhan10. They love you, so does Aggroed. Please be sure to vote for Witnesses at https://steemit.com/~witnesses.