What are crypto airdrops – Ins and outs by airdrop veterans
All you need to know about crypto airdrops & free coins
What is a cryptocurrency airdrop?
The first airdrop was Auroracoin, which airdropped to citizens of the country Iceland early 2014.
Even though this happened 5 years ago, it took till mid-2017 for the original Airdrop Alert site to launch.
So when we started, there wasn’t a Wikipedia page yet to explain the crypto airdrop meaning. So we had to define the free cryptocurrencies concept our self. Therefore we also created the first wiki page for crypto airdrops, mostly done by altcoins.
Obviously, we tried to be smart and mention Airdrop Alert in the wiki listing. However, that didn’t fly. Immediately after our submission it was removed.
On a second try we came up with; “A cryptocurrency airdrop is a free coin giveaway in the blockchain industry.”
After that, wiki did its thing and now the official definition is:
Personally, I find the easiest comparison in the real world to be freebies you receive on the street. Imagine for a minute, you’re walking down the central shopping street of Amsterdam on a hot summer day, mid-July. The sun is burning your skin and you’re feeling hot. Luckily you see a young guy with a baseball cap, handing out free samples of the latest energy beverages. You quickly head over and grab a cooled can, which you drink in 30 seconds to satisfy your thirst.
That free sample, that’s an airdrop!
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