Unlocking Airdrops: A Simple Guide for Everyone

part 2

Due to the comprehensive expansion of web and telegram games such as Natcoin, TapSwap and Hamster, this question has been formed in the minds of many contacts and users, what is airdrop and how can this phenomenon be used to earn money. We answer in detail in this article.

Creating a successful crypto project is not an easy task. There are different ways for a project to differentiate itself from hundreds or even thousands of competitors and attract the attention of the crypto community; But one of the least expensive and most effective advertising methods is the project's digital currency airdrop.

In fact, Airdrop is a type of marketing strategy used by developers to distribute project tokens for free to the community of traders and investors. The main purpose of this process is to attract the attention of the audience to new projects and it is considered a good way to earn digital currency for free. In this article, we intend to teach the subject of airdrops and then explain the methods of identifying and receiving free airdrops in simple language.

What Are Crypto Airdrops?
Imagine waking up to find money in your pocket that you didn’t know you had. That’s kinda what a crypto airdrop feels like.

A crypto airdrop is when a project gives away free cryptocurrency tokens to people. It’s like a gift from a new company wanting to spread the word about their product. They do this to get people excited, attract new users, or reward loyal supporters already in the game.

Why Do Projects Use Airdrops?

Airdrops can seem a little like magic, but they serve important purposes. First off, they help spread awareness of a new crypto project. When people receive free tokens, they often talk about it and share it with friends. It’s a great way to get the buzz going!
Also, airdrops can build a community. When you own tokens, you might want to learn more about the project and engage with others who are interested. It’s like joining a new club where everyone receives a special key!
Many digital currency exchanges, DeFi platforms, NFT collections, and even the GameFi field conduct airdrops for new users or previous customers.
In general, the working process of airdrops is that projects distribute some of their tokens for free and with special conditions to users. These conditions can include membership in website projects, following their social pages, holding tokens in the wallet, or performing activities in introducing and promoting the project.

Although airdrops are a good way to earn free cryptocurrency, the important thing is that not all airdrops are legitimate and some scam projects use this method to trick users. Therefore, before participating in an airdrop, adequate research on the validity of the project is essential.

To find out about the news related to the airdrop of each project, you can refer to its official website, Telegram channels or X project page, or YouTube pages of reputable crypto experts. Before that, you should know that these free tokens are distributed in the following two ways:

The first type : which is without official announcement, cryptocurrency developers give away free tokens to their users; Therefore, it is not possible to know its time and amount.
The second type : usually happens in emerging companies, to attract audience and with prior notice, and in which free tokens are distributed to people.

Airdrop history : 
It is interesting to know that the first airdrop in the world of digital currencies is related to the AuroraCoin project in 2014.

This project was launched with the aim of creating a national digital currency for the country of Iceland, in which every Icelandic citizen who was registered in the country's civil registration system received an amount of 31.8 AuroraCoin units.

This was roughly equivalent to $385 at the time, and a total of about 10.5 million AuroraCoins were distributed among 330,000 Icelandic citizens.

How do Airdrops work?
AirDrops usually happen in a few simple steps
 

Announcement : This project will announce an air through social media or forums. They tell everyone how and when it happens.

Eligibility : To be eligible, you may need to hold a certain coin in your wallet or do a task, such as following them on social media or joining their Telegram group.

Distribution : After fulfilling the requirements, the project will distribute the tokens directly to your wallet. If you are lucky, you will wake up with a pleasant surprise!

Beware of airdrop scammers!
We mentioned earlier that not all airdrops are safe and may be conducted with fraudulent purposes. In general, fraudulent airdrops have signs of which we will discuss the most important ones below.

• Website and social media of the project : A valid project has an official and professional website with a suitable domain, it is present in social networks such as Telegram, X, Facebook, etc. and communicates with users. If a project only has a registration form or a Telegram page, it is suspicious.

• Unrealistic promises : they promise very high or guaranteed profits.

• Lack of clear information : They provide few details about the team, technology or project roadmap.

• Lack of source code or project audit : There is no source code to review or an independent audit has not been performed.

• High pressure advertising : rely on broad advertising and FOMO.

• Request for sensitive personal information : To participate in the airdrop, they request sensitive personal information or private keys.

• Suspicious websites and social networks : they look unprofessional, have a lot of fake followers, or have little activity.

• Sending small amounts to Volt : They send small amounts and in this way they may access some of your information and abuse you.

Important points when choosing a free airdrop

Choosing a reliable cryptocurrency airdrop that is worth your time and energy is not an easy task. Before starting airdrop missions and benefiting from the project's initial capital, you should pay attention to some important points that we have listed below:

• Team Credibility : Check the background and experience of team members; Having a valid page on LinkedIn doubles the credibility.

• Technical Feasibility : Assess whether the project is technically feasible and has a unique advantage or not.

• Transparency and communication : The project should provide clear and up-to-date information on progress and roadmap.

• Code and smart contract audit : Code should be available for public review and preferably audited by a trusted third party.

• Fair distribution : The airdrop mechanism should be fair and avoid excessive concentration of tokens in the hands of a few.

• Application and use : understand what the token or coin is used for and how it will be used in the project ecosystem.

It should be noted that the collection of airdrops is different in each project. However, some activities such as connecting Volt and depositing some platform blockchain coins in the wallet to receive airdrop tokens are the same in most of them.

We recommend that you refer to the social pages or YouTube for the airdrop tutorial of each project.

How to get free airdrops?

Naturally, when we are looking to buy Bitcoin, Ethereum or other digital currencies, we know that we should go to an exchange, but where can we get free cryptocurrency?

In other words, how is the airdrop divided between people? To receive airdrop, we must comply with the following :

1- Prepare a wallet
First, you need to get a digital currency wallet. It is recommended that the chosen wallet supports the ERC20 standard as most new crypto projects are implemented on the Ethereum blockchain. The most important thing in making a wallet is its functionality. In other words, sometimes airdrops check the activities of a wallet to prevent fraud. In some cases, even the balance of the wallet account is also checked.

2- Be active in social networks
To find out about airdrops, you must be active on social networks such as X (former Twitter), Discord and Reddit, and messengers such as Telegram. Groups related to the news or the fringes of the world of blockchain and digital currencies usually inform their contacts about conducting airdrops. On the other hand, these groups are the best place to advertise an airdrop due to their potential. In general, it is important to have an active user account in social networks to find and follow airdrops.

3- Do not neglect the specialized sites in the field of digital currency
In addition to social networks, it is not bad to have a look at sites like EARN. This site is usually involved in airdrops. For this reason, you can easily find out about the news of an airdrop by following these sites. Also, specialized websites such as Coin Market Cap have an exclusive section for introducing airdrops inside them, which acts like a watch list.

4- Choose the right wallet !
For some airdrops, it is necessary to introduce your wallet address to the desired project website or register it in some way. Usually games and metaverse projects use this method for airdrop NFT tokens. Therefore, the Metamask wallet, which can connect to Web 3.0 sites very quickly, is one of the suitable options for this work.

5- Be active !
In some cases, a special activity must be done to receive an airdrop. For example, we should become a member of a digital currency channel or share project-related posts on social networks. Therefore, it is better to make sure how the airdrop mechanism works before the airdrop happens. Usually, websites that provide layer two services or decentralized exchanges send airdrops to users who transact within them.

 6- Don't forget crypto games !
By completing the stages of some crypto games, it is also possible to receive an airdrop, which is usually in the form of in-game NFT tokens. So if you enjoy playing computer games, don't ignore the attractive part of airdrop games.

7- Using blockchain services
Another type of airdrop is buying some products or using services provided on the blockchain platform or even registering a simple transaction on these platforms. Some companies provide free airdrop to users in exchange for this action. A controversial example was the ENS currency airdrop, whose tokens provided users with a profit of several thousand dollars in total.

Conclusion:

Airdrops are More than Just Free Tokens

In a nutshell, crypto airdrops are an innovative way for projects to engage potential users and spread awareness.

They’re a bit like a treasure hunt—thrilling, fun, and full of potential rewards. So the next time you hear about an airdrop, remember that it’s not just about free tokens; it’s about joining a community and exploring new opportunities in the crypto space.

Who knows?  You might stumble upon your next favorite cryptocurrency!

also read : Unlocking Pre-Market Trading: A Comprehensive Guide to Understanding Its Mechanics