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RE: SEC S19-W1 || Crypto Opportunities: Airdrops and Giveaways

in SteemitCryptoAcademy4 months ago

Airdrop which is a term used to describe dropping supplies, troops, or equipment from an aircraft with the aid of a parachute finds another meaning in the crypto world.

This explanation above gives a clue to what an airdrop actually is! I never imagined anyone using the actual meaning of what the real Airdrop in the real world is, then substituting it into the home of cryptocurrency. I have always been eager to see your posts whenever we have exciting engagement challenges in this community, although I've been out for some time now but I'm back by God's grace.....

There are many projects who have used the systems of AirDrop to make their project visible and provide awareness to the general public about their project. This projects often time becomes one of the biggest cryptocurrency in the market. For example let's take for instance the not coin Airdrop which started in late 2023 and was listed in may 16 2024. This AirDrop was in form of a telegram mini app which was a tap to end game where user tap the screens to earn not tokens. Shockingly the project made a wave in the market after 36 hours of listing having a market value or trading volume of $743 million under 36 hours. There are also many airdrops such as the uniswap decentralized exchange that gave early participants or users of the exchange 400 uni tokens in early September 2020 and was listed later in late September 2020...........

There are many objectives advantages and disadvantages of airdros and giveaway of which you have mentioned them in your post.

Thanks for sharing
Good luck

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