Is free money in cryptocurrencies real?

We review the best airdrops of 2024 and finally the biggest airdrops in history that changed many lives

Is free money in cryptocurrencies real? 

Airdrop means the distribution of free digital currency among the users of a project, which is done with various goals, including helping to distribute the token more fairly, as well as increasing awareness about the project.

Simply put, digital currency projects distribute their tokens to wallets for free by airdropping to achieve the goals they have defined for themselves:

Marketing and raising awareness about the project: With airdrops, more people get to know about the project and attention is drawn to it.
Increasing the number of holders: When people receive free tokens, they become holders of the project, which can benefit the project.
Incentivize participation: Airdrops are usually awarded to users who have contributed to a specific project or projects; For example, they have made a transaction on a specific network, bought a token or promoted the project on social networks.
Fairer distribution of tokens: Airdrop helps projects make token distribution more decentralized and fairer.

How to participate in airdrops?

First step: finding good projects that have the possibility of airdrop

Finding valuable projects that are likely to be airdropped is the main task of an airdrop hunter. Different criteria can be used to identify these projects:

Funding rate: Projects that have managed to attract significant capital from investors usually have high potential and are more likely to be airdropped.
Popularity on social networks:Projects that have a lot of fans and discussions on social networks such as Twitter and Discord can be good options for airdrop hunting.
Not having a token: projects that have not yet released their token; But they have good features and potential, they can be good candidates for airdrop.

Second step: activity in the project considered to be included in the airdrop

Transaction on the network: In cases such as Airdrop Arbitrom, users must deposit a project on the network and then increase their trading volume by operating and creating transactions on the network.

Staking: Some projects may require staking or staking of ether or other tokens so that the user can participate in the airdrop.

Performing tasks on specific platforms:
Sometimes projects put their tasks on platforms like Galxe and users must be eligible to receive airdrops by completing these tasks.

cryptotimes team