What is Airdrop?

Free cryptocurrency tokens distributed to users.

📖 Full Definition

An airdrop is a marketing strategy where cryptocurrency projects distribute free tokens to users. Airdrops are used to reward existing users, attract new ones, or decentralize token ownership. Some airdrops require specific actions like holding certain tokens.

💡 Example

Uniswap airdropped 400 UNI tokens (worth $1,200+) to early users in September 2020.

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