Unveiling the Different Types of Airdrops

Standard airdrops are the most common type. Users receive tokens simply by signing up or performing a small task like following the project on social media. The goal is to increase awareness and attract supporters.

Participants register on the project’s site or platform and may perform basic tasks to qualify. Tokens are distributed to their wallet addresses once the registration ends.

The Stellar (XLM) airdrop attracted millions of new users by offering free tokens for sign-ups.

A snapshot is taken of wallet addresses holding a specific cryptocurrency at a set time. Tokens are then distributed based on the snapshot.

Projects benefit from widespread visibility, and users earn tokens by leveraging their social media or content creation skills.

BitTorrent’s (BTT) bounty campaign rewarded users for promoting the token through social media and content.

Participants complete tasks like sharing posts or making videos. They submit proof, and tokens are distributed based on contributions.

Projects tap into an engaged community, and users receive tokens passively by holding certain cryptocurrencies.

Ontology (ONT) rewarded NEO holders with ONT tokens, helping Ontology quickly establish a user base.

These airdrops are given to selected users who meet specific criteria, like holding a minimum amount of the project’s token or participating in a private sale.

Projects build a loyal community, and users feel valued and integral to the project’s success.

Binance rewarded its early users with BNB tokens, which fostered a strong initial user base.

When the blockchain undergoes a hard fork, a snapshot is taken of all wallets holding the original currency, and equivalent new tokens are distributed to these wallets.

Projects retain the original chain’s user base, while users gain new tokens without extra investment.

Bitcoin Cash (BCH) was distributed to Bitcoin (BTC) holders during a 2017 hard fork.