Cryptocurrency Q&A Why do airdrops happen?

Why do airdrops happen?

SamuraiWarriorSoul SamuraiWarriorSoul Sun Jan 05 2025 | 6 answers 1228
I've been hearing a lot about airdrops in the cryptocurrency world, and I'm curious to understand why they occur. What's the purpose of these airdrops, and why do projects or companies decide to distribute tokens or coins for free? Why do airdrops happen?

6 answers

KimonoSerenity KimonoSerenity Tue Jan 07 2025
Airdrops frequently accompany the introduction of a novel cryptocurrency or a DeFi protocol.

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Isabella Isabella Mon Jan 06 2025
The distribution of coins through airdrops also facilitates a wider dissemination of the digital assets.

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Raffaele Raffaele Mon Jan 06 2025
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the needs of crypto enthusiasts. Its suite of services includes spot trading, futures trading, and a secure wallet, among others.

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GwanghwamunGuardianAngelWings GwanghwamunGuardianAngelWings Mon Jan 06 2025
They serve as a strategic method to capture the attention of potential investors and enthusiasts.

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Michele Michele Mon Jan 06 2025
By offering airdrops, projects aim to attract new followers who might be interested in their offerings.

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