Launching a new crypto venture is one thing – marketing is another. Every day you hear about a new symbol or a new symbol Non-replaceable code (NFT) The project was dropped – all aimed at making a profit. With the increasing competition within the cryptocurrency and NFT space, developers have come up with unique strategies to promote their crypto projects.
Some developers use encryption Strange and impulsive symbolic names Like Dogecoin, Potcoin, Dentacoin, etc., while others offer free NFTs to a few community members to promote their project before it is officially launched. And that’s exactly what we’re going to talk about.
basics
Have you ever found a coupon code in your mailbox for a free meal? This is the technology primarily used by encrypted airdrops. Cryptocurrency airdrops are mostly about raising awareness of new projects and services. The idea is to send new tokens, or NFTs, to thousands of crypto wallet Chat with the hope that more and more recipients will participate and promote with the corresponding project – even if it’s just to learn how to cash your free tokens into something else.
To promote any cryptocurrency, the mantra is very simple: the higher the interest in the token or the entrants of the NFT project, the higher the probability of the price increase.
Notably, most cryptocurrency airdrops are announced via social media, the company’s official website, and online forums. The cipher creators may require you to complete some tasks to send an airdrop. This includes following the crypto token’s official account on social media like Facebook and Instagram, sharing or retweeting one of their posts, including hashtags in your posts, and subscribing to their trading platform to receive updates.
Famous encoder airdrop
In 2021, thousands of cryptocurrency airdrops were launched but there were a few that surprised users. Below we list some of them.
rare: It is an NFT marketplace where users can buy and sell NFT. But what makes this marketplace unique is that it facilitates voting rights for all users who have any NFT artwork on its platform. The company conducts one of the largest NFT airdrops in the crypto space with a weekly airdrop of 75,000 RARI tokens.
Pie: is a cryptocurrency trading platform that contains the most popular NFT airdrop. The first 8,888 people to create an account on the platform received a limited edition 3D NFT animation. Soon the airdrops were filled with NFT fans.
BNB rabbit: is a collection of 10,000 computationally generated NFT digital artwork that comes with unique characteristics for each bunny. Every 100 rabbits have wings and special features. It should be noted that the platform offers 1,500 rabbits out of 10,000 rabbits for free.
looks rareThe LOOKS airdrop created by the LooksRare team was one of the largest airdrops in history. Any users with more than 3 Ethereum in trading volume on OpenSea between June 16, 2021 and December 16, 2021, were eligible to receive LOOKS tokens after NFT was listed for sale on the LooksRare marketplace. This airdrop was unique in that it promised each LOOKS token holder a share of the trading fees generated by the LooksRare platform.
Cryptocurrency airdrop: How to be a part of it
If you are looking to expand your crypto portfolio with NFTs and crypto tokens and potentially generate profits, cryptocurrency airdrops are good. However, there is no specific place to constantly get airdrops from NFT. There are two ways to find them.
The best way is to do your research before participating in any cryptocurrency airdrops. Browse the web, and find coin airdrops according to your interest. Follow the community of NFT and cryptocurrency fans on Reddit, Twitter, Telegram and even on Discord. She will likely be overwhelmed with gifts on these sets but not fall in love with them. Just check these platforms for official crypto airdrops. If you see a potential airdrop, check out the company’s social media handles and website and check out the work they’ve done in the past.
You can also track airdrops from crypto aggregators like CoinMarketCap, Airdrop alert, etc., and you will find three categories on these platforms: Expired Airdrops, Continuous Airdrops, and Future Airdrops. This is pretty self-explanatory. Users can participate in Ongoing Airdrops, and Airdrops in the Future category will let you know when the airdrops will start.
Is airdrops worth the risk?
Cryptocurrency airdrops can sometimes be risky. Scammers using airdrops can steal your identity, collect personal data and identify you as a future target. Cybercriminals can even use false airdrops to gain a user base for a completely different project. This is why you should never give away your private key or your encrypted wallet passcode to any untrusted party.
Finally, Cryptocurrency airdrop campaigns are not that easy, they require commitment. It is very common to hear stories about crypto enthusiasts hitting the crypto jackpot through airdrop. But, note that airdrops require dedication, timing, and a lot of awareness.
It is highly recommended that you do some research before engaging in any airdrops because even if it is completely legitimate, it can still end up being completely worthless and a waste of time.
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