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.
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