Blockchain Glossary

Airdrops

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In the cryptocurrency business, an airdrop means a marketing stunt that involves sending tokens or coins to the wallet addresses to enhance awareness of the new virtual currency. Cryptocurrency airdrops are free coins that are dropped directly into your wallet. It is free money given to you.

Airdrops are marketing processes that save firms a lot of money. Companies distribute their coins or tokens into the wallets of the users free through the process of airdrops.

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