Airdrop

What Is An Airdrop?

If you have followed the Russia-Ukraine war, you might have learned how crypto crowdfunding has become a source of raising funds. With fundraises, including the Ukraine crypto fundraise, “airdrops” have become particularly zeitgeisty.

In short, an airdrop is a gift of “free tokens” which are sent to your wallet – and they can be sent for participation in a fundraise, using a platform or protocol, doing work, or posting on your socials about a token, or any number of other things. And although the Ukraine airdrop didn’t actually pan out (as you read above),  these free tokens are sent by crypto projects to their investors to encourage adoption and create awareness about the project.

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