Crypto Lexicon – AIRDROP

The word for today is AIRDROP .

A common word in the crypto sphere these days, AIRDROP is a way to distribute a new coin or token.

In an AIRDROP , coins or tokens are distributed to the community for free or as a reward for participation in the project.

Most of the times, the only requirement for receiving coins or tokens in an AIRDROP is to have a relevant blockchain wallet.

AIRDROPs are carried out with the intention of creating a hype around the project. The more people in possession of the relevant token, the more will be the active engagement when it is actually launched.

You may also read FUD .

by Jyotsna VRTTNews Staff Writer

Source: Read Full Article