Airdrops concept and its classifications.

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Any reader will have reviewed the news related to cryptocurrencies and has heard the term Airdrops and has seen that they have taken popularity in the market to such an extent that they affect the price dynamics of some cryptoactive. Today in Criptómano we will explain your concept, the reason behind its creation, its risks and the classification of airdrops there are.

The concept
The term airdrop comes from English and can be translated as a parachute or as a delivery by parachute. But in the slang of cryptocurrencies, an airdrop is when a blockchain project decides to distribute all or part of its tokens free of charge.

The reason for its creation
The Airdrops are a great way to promote the new Blockchain project and at the same time it is a good method to spread it on various social networks, in other words, they generate free publicity. We all know that a large and healthy community is one of the key factors for a successful Blockchain project. Therefore, it is no wonder why reward airdrops are so popular at this time.

Classification of the Airdrops
The crypto airdrops can be divided into 4 groups, all meet to give free tokens, only they have different reasons to give the tokens, among them we have:

Holder Airdrops

This type of Airdrops is based on having a crypto for a long time, which can generate free tokens or cryptocurrencies. In some cases, to be a recipient of an airdrop, the only requirement to comply is to have cryptocurrencies of the chain of blocks on which the new project is based. For example, if the airdrop company is based on Ethereum (most of the airdrops are based on ETH), it will simply be necessary to have a certain amount of ETH.

Bifurcated Airdrops

When a chain of blocks is divided, from that point of time there are 2 different Blockchains, what we call fork or fork. In this type of airdrops (launch from the air) if you have cryptocurrencies of the original chain, you can give a ratio of chips equal to or less than the number of chips you had in the original chain.

Airdrops Bounty or reward

This type of airdrops are the most popular today. In order to participate in most cases, you must perform some social tasks or register on the website. And since many of them are based on Ethereum, you must send your wallet address compatible with erc20. Social tasks include joining Telegram project groups, following Twitter profiles or Facebook pages that they like. New or emerging projects are those that use this type of airdrops to make themselves known.

Airdrops by Exchanges

It is a particular case where a change house achieves an alliance with a certain card to attract new customers to the platform, when the user registers on the platform receives free tokens from the promoted card.

Security measures to participate in the Crypto Airdrops
As we know, any investment must be made after a study, and as we are in an unregulated trade we must take measures to avoid fraud, fraud or even hacking. Here is a group of measures that are not too much:

Never pay for an Airdrop

It's simple, if someone charges for participating in the issuance of free chips, it's not an airdrop !!! , ridiculous promotions always appear that say: send 0.0005 ETH and receive 400 XXX chips. Every time you read cases of this style, the ideal is to report it in the community so that the necessary measures are taken.

Never share your private key for an Airdrop

First rule of the crypto world: Never share your private key; It also applies to airdrops.

Create a dedicated email address for Airdrops only

5 minutes to create an alternative mail that serves to participate in airdrops, separates your investments and personal data from projects that have no track record and reputation. When you already have important and truthful information material, you can send it to your main folder where you keep your important information.

Never use the same password.

Second rule of the world Crypto: Having several passwords serves to decrease the risk of total loss. A single password is like being a magician with a single trick, with it you can access all the platforms where you are registered and the end of this movie we have already seen in other cases of millionaire losses due to hacking. This should be a common practice when you are registering for several websites, and I strongly recommend that you follow this rule when you sign up for airdrop projects.

Create a new Etehreum address

As you have seen, emerging projects and ICOs are the ones that apply airdrops to stimulate investors, the recommendation is the same as email. Create a new Ethereum address that I am using only to participate in airdrops. After those chips have earned your trust if you can make the transfer to your main portfolio.

Conclusion on the Airdrops

Airdrops are already part of the cryptocurrency ecosystem and the activities of investors in crypts and emerging projects; By receiving free chips, one acquires an asset or tokens that over time can reach a significant value in Dollars and would be an extra gain to your portfolio as an investor. It is important to know the details and the procedure to participate in every airdrops that occurs and always do so by protecting your data and passwords. If an airdrop gives you a bad spine or you do not like it, simply discard it or let it pass, it is better to see how that chip reaches an Exchange and gives you a new opportunity to acquire it, to be part of a scam that costs part of your capital .