In this article, you'll learn What is Crypto Airdrop, Different Types of Crypto, How to Find Them and Top 10 Crypto Airdrop Platforms
Crypto airdrop is a marketing strategy adopted by crypto startups to promote the project and their new token. It involves distributing their native cryptocurrency to current or potential users' for free. Sometimes, users have to complete simple promotional activities before they can claim, such as following the project's social media account and sharing their posts.
There are different types of airdrops, and each crypto project has its own requirements. But most airdrops share the same goal: increase awareness and overall interest in the project. Some are done directly into users' wallets, while others require a manual claim.
Why do crypto projects perform airdrops?
As mentioned, blockchain projects give out free tokens in an attempt to gain wider adoption and grow their network. A higher number of holders is often seen as a positive metric, which also makes the project more decentralized in terms of token ownership. Crypto airdrops also motivate recipients to use and promote the project. This can help cultivate an initial user base before the project lists on crypto exchanges.
On the other hand, airdrops might also give a false impression of growth. So, it's important to consider other factors when evaluating adoption. For example, if hundreds of thousands of addresses are holding a certain token, but no one is really using it, then the project is either a scam or simply failed to captivate the community.
• It makes it simple to get started with cryptocurrency.
• Crypto airdrops could be a way to bolster one’s crypto portfolio without having to buy digital assets.
• Airdrops are an excellent way to raise awareness of the company’s goals and increase ownership of the virtual currency.
• Crypto airdrops can be pump-and-dump schemes. That is, owners of the cryptocurrency could be artificially inflating its value in order to make a quick profit.
• Risk of giving money or sensitive information to a fraudulent platform.
• The price of the airdropped coin could drop before you have a chance to sell.
• Some airdropped assets could just as easily be worth nothing.
Types of airdrop
As we've seen, there are different ways to conduct a cryptocurrency airdrop. Apart from the standard airdrop that simply transfers crypto to several wallets, we have a few other types. Common examples include bounty, exclusive, and holder airdrops.
How to get a crypto airdrop
How to avoid airdrop scams?
In other cases, scammers will announce a fake airdrop that leads to a phishing website. They will trick you into connecting your wallet into a website that looks very similar to the original one. As soon as you connect your wallet and sign a transaction, you will have other tokens taken out of your wallet. This often happens with fake Twitter and Telegram accounts that look very similar to the official ones.
Some airdrop scams include asking you to send crypto to an unknown wallet address to unlock your free tokens in return. Legitimate airdrops will never ask for your funds or seed phrase. Be careful with airdrop emails or direct messages.
To avoid being scammed, make sure to look into the project's official website and social media channels. Bookmark the official links and double check if they are really doing an airdrop event. If you don't know anything about the project, you should do extra research to find out what the crypto community is saying. If you can't find enough information, it's probably better to just ignore the airdrop.
For extra protection, you can set up a new wallet and new email address dedicated to receiving airdrops only. This can ensure that the funds in your personal wallet are safe from airdrop-related phishing attempts. And most importantly, never share your private keys with anyone.
Crypto airdrops involve users receiving something for virtually nothing—an email address, or some social media promotion. But while some recipients have gotten lucky enough to be the first movers in an airdrop that actually had value, many others have also fallen victim to lofty promises of the “next big thing” in crypto.
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Owing to the risks associated with airdrops, it is imperative to rely on viable websites and channels that have a reputation of not only broadcasting the latest airdrops but also providing information, which might help you research tokens.
Trust from statistics on platforms
Reputation is an important criterion that you ought to research. You get to determine the website’s propensity to broadcast fraudulent giveaways. You can check popular crypto forums and an unbiased review website like ours to access information regarding the integrity of airdrop sites.
You should opt for platforms that know the importance of providing the latest airdrops to users, that verify the disparities between the time the airdrops feature on the website and the date when startups officially announced their giveaways. With this, you can gauge how long it takes the channel to update its users on new airdrops.
It is imperative to only consider airdrop websites that offer details of startups and the use cases of their tokens, the short overviews accompanying these airdrops announcements are the ideal bedrock to base your research on.
You need choose airdrop channels with extensive details about the parties involved in the giveaways and provide links to sites and social accounts, where you can verify their credibility.
For a website that houses a lot of information and updates itself regularly, its design, layout, and infrastructure ought to allow smooth navigation, boost its loading speed. Provide fast and visually pleasing for its users.
Top 10 Crypto Airdrop Platforms for Free Earning
|1||Coinmarketcap||CoinMarketCap is well known for showing the best crypto airdrops. There are three types of airdrop campaigns listed on CoinMarketCap: completed airdrops, current airdrops, and prospective airdrops.|
While “ongoing airdrops” allow users to participate, airdrops in the “future” category allow users to be notified when the airdrop goes live. Simply add the airdrop to your whitelist and you’ll be notified hours before it goes live
On CoinMarketCap's lists of airdrop campaigns, you'll find three categories: ended airdrops, ongoing airdrops, and future airdrops. While users can participate in "ongoing airdrops," the airdrops in the "future" category let users have the chance to be in the know when the airdrop goes live. You can simply whitelist the airdrop, and you'll get notified hours before it goes live.
|2||Airdrops.io||Airdrops.io is a free website that collects information about crypto airdrops. It is free to use and has no involvement in the airdrop projects or distribution whatsoever. |
The domain is 1 year and two months old, but the site's activity began only in March 2018. Since then, more than 20k airdrop enthusiasts have visited the website each month.
The website has a huge volume of airdrops on its page. And while its creators strive to provide you with accurate data on offer, it is important that you do your research before investing in any airdrop.
|3||ICODrops||ICO Drops is an independent initial public offering (ICO) or token sale database and is not affiliated with any ICO project or company. Fees may be gotten from advertising certain token sales.|
With ICO Drops investors can get access to projects before they are launched and listed on exchanges.
Initial public offerings (ICOs) and initial exchange offerings (IEOs) are listed on ICO drops in three categories: Active ICO, Upcoming ICO, and Ended ICO. And each ICO has information about the project and ratings attached to them.
|4||AlertAirdop||With AlertAirdop, you can get free coins almost on daily bases. Its many features make it much easier for cryptocurrency enthusiasts to follow.|
Just like the 99airdrops.com, this platform is also well designed and arranged. The airdrops featured on the site can be filtered based on current or ongoing events to those ending soon.
Much more, this crypto airdrop platform has way more features compared to other airdrop platforms.
|5||Airdropster||The main purpose of this platform is to notify airdrop enthusiasts as soon as possible about the free token.|
Their email alerts are quite beneficial as you can get alerts of the new airdrops available in the market through email directly in your inbox. Their main vision is to help the user find the best quality airdrop available in the market.
|6||AirdropMob||AirdropMob is well known for providing its users verified and legit airdrops and crypto bounties. For some of you who don’t know what crypto bounties are let us get you through this? Bounties are a small task that is performed repetitive i.e. posting on social media, filling out forms, and making content.|
They manually personalize all crypto airdrops. This platforms also give access to their user to report airdrops with incomplete information, looks suspicious, and are not proved by the communities. The blockchain project manually checks all the data of the hosted airdrops before publishing them on the website.
They facilitate their user with a wider range of tokens. The website provides a helpful search bar that enables the selection of coins according to the requirements of the token company.
|7||AirdropBob||The AirdropBob website is easy to understand and intuitive. The moment a user decides to visit the website for the very first time, they are instantly provided with a list of cryptocurrency airdrops.|
At the top of the page, you will be able to see the logo of AirdropBob, and next to it, you will be able to find the navigation bar.
|8||Airdrop King||Airdrop King provides well-researched and detailed cryptocurrency airdrops for crypto enthusiasts, helping them make money with minimal effort. Unlike the other three, Airdrop King goes the extra mile to rate each option and provides enough information to help you get the best out of any airdrop.|
Airdrop King categorizes the airdrops into New, Best Rated, High Values, and Ending Soon. You can easily spot the worth (price estimate) of each airdrop published on the site. Airdrop King also lets you subscribe to its newsletter.
|9||Airdrop King||This platform provides users with the well-researched and best airdrops in the market to get rewarded and make money out of them in no time with little effort. |
They rate every airdrop listed on their website with instruction to make it for the user as easy as possible.
|10||Coin Airdrop||Coin Airdrop is a dedicated site that’s regularly updated to give top airdrop announcements. Its clean interface gives users all they need to know about upcoming events and also information about claiming airdrops as well.|
New users to cryptocurrencies are not left behind, the site not only share airdrop opportunities but also educates new users to the cryptocurrency world adequate knowledge that makes them catch up with the rest of the world as quickly as possible.
The platform is owned and ran by a cryptocurrency enthusiast known by the name Midas. You can support this platform by mining cryptocurrency for them with your computing power.
|11||Airdropaddict||This platform also makes the list of top trusted platforms where you are assured of accurate airdrop releases.|
The platform uses a ranking system to rate top airdrops and also separates the untrusted airdrops.
It’s hard to miss out on any event as the countdown timer brings to your notice how much time is left to start.
|12||99Airdrops||Either you are a newbie or an expert this platform helps you in every way that it can. It only shows valid projects by analyzing the different platforms such as Reddit and Facebook to ensure the authenticity of the airdrops.|
The website offers a wide listing of airdrops along with their future price forecasts depending on the different factors. This platform is available exclusively 24 hours a day for its users to facilitate. The layout and design of their website are appealing and easy to understand for newbies.
Each day hundreds of airdrops are making their way in the crypto market and the number is increasing day by day. There is no doubt that airdrops are currently the trend settlers in the crypto market but as the community is growing more and more frauds and scams are increasing.
In my opinion, airdrops are here to stay in the market and we can encourage new and productive airdrops based on how legit and reliable they are. This is an outstanding way. In the end, it is necessary to do your own work of researching and avoiding the projects that are scam and have no real-world implementation, no members, etc.
Hopefully, this article will help you. Don't forget to leave a like, comment and sharing it with others. Thank you!
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The origin of the article: https://www.youtube.com/watch?v=58WKjp57TXs
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