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RE: What Are Crypto Airdrops? - Free Cryptocurrency For Hodlers + Invite To Airdrop Discord Channel
Air drops vs forks. I think most people confuse the 2. forks you get a certain amount on forked tokens depending on how many you had of the original one. Usually you have to claim the "new" tokens. Think BTC and BTG as of late.
I see Air drops for ERC20 tokens all the time. Small amounts of a new tokens get distributed before the ICO to get people interested. It's marketing strategy to acquire users/coin owners.
Good points. They are often quite similar since in both cases, the amount of coin you are already holding can determine your proportion of reward.
If it has a blockchain split, it's a fork.
Yes, like KuCoin and Upcoin. I think I missed out on those airdrops. I didn't have any idea what it meant at the time. There was another one just a couple of weeks ago, but I forget now. I missed that one, too. Crypto still really confuses me, though. I'm in no hurry to make some kind of mistake, if that makes sense.