Airdrop - what is it?
Airdrop is a promotion in which you can receive a certain amount of a certain cryptocurrency in return for performing an activity. The activities are most often:
- Sharing the post on social media or liking it
- Joining the waiting list
- Invite friends to an airdrop
Airdrops - who pays us and why?
The organizer is usually the team responsible for the cryptocurrency project, who want to promote their cryptocurrency. They are willing to give away some of their tokens in return for taking action to popularize their project. Sometimes well-known cryptocurrency exchanges such as Binance or Coinbase also organize airdrops, which significantly increases the credibility of a given promotion.
Airdrop - how much can you earn?
The value depends on many factors such as:
- The team that creates the project (their approach to the project)
- People's interests
- Whether or not there will be a better project
- The idea itself.
- Number of tokens. For example, a project with 100 million tokens has a higher chance of success than a project with 100 billion tokens because of the law of demand and supply.
My employees have been making over $2000 a month by following the instructions.
A positive signal about a given airdrop is the involvement of a large and trustworthy company, a well-known cryptocurrency exchange. Well-known exchanges would not risk their reputation by taking part in a dubious promotional campaign. Another factor that facilitates entry decisions is whether the promised cryptocurrency is already present on any exchanges. In this case, you can successfully estimate the value of the prize received. However, you have to take into account that after airdrop, a lot of people will sell their tokens for cash, so their price will probably drop.
Airdrops - safety rules
Never give anyone your private key to your wallet. If the airdrop organizer asks you to submit it, you can be sure that it is a scam.
Don't send your cryptocurrencies or money to anyone. In free promotions, you should earn tokens. If someone asks you to send cryptocurrencies during the airdrop, it's a scam.
Participation in Airdrop is always free and never requires any investment.