DeFis Invisible Hand: Airdrops Shaping Token Distribution
Crypto airdrops have become a popular strategy for cryptocurrency projects to distribute tokens, build awareness, and foster community engagement. For crypto enthusiasts, they represent a chance to acquire free tokens and potentially profit from promising new projects. But what exactly are crypto airdrops, and how can you participate safely and effectively? This comprehensive guide dives deep into the world of crypto airdrops, covering everything you need to know to navigate this exciting, yet sometimes risky, landscape.
What is a Crypto Airdrop?
Definition and Purpose
A crypto airdrop is essentially a marketing stunt where a cryptocurrency project distributes free tokens or coins to existing wallet addresses.
Increased Awareness: Airdrops generate buzz around a new or existing project, a...