Cryptocurrency has been with us for over a decade now and it is undeniably making a huge moves for a world with decentralizations and solving or making real-life problem solutions.
With that, lots of projects are emerging every year seeing the potential of cryptocurrencies and jumping into the train of world's betterness with the use of blockchain technology.
And that is what we can also call an opportunity.
For a certain project to be successful, the team must do something or a way for their project to get noticed by potential investors or even for a normal people and spread the word about them. And one of best ways for a certain project or cryptocurrency to easily reached out many people is by airdropping some of coins or token.
What Does Airdrop Mean?
An airdrop is a distribution of a cryptocurrency token or coin, usually for free, to numerous wallet addresses. Airdrops are primarily implemented as a way of gaining attention and new followers, resulting in a larger user-base and a wider disbursement of coins.
What Is a Cryptocurrency Airdrop?
An airdrop, in the cryptocurrency business, is a marketing stunt that involves sending coins or tokens to wallet addresses in order to promote awareness of a new virtual currency. Small amounts of the new virtual currency are sent to the wallets of active members of the blockchain community for free or in return for a small service, such as retweeting a post sent by the company issuing the currency.
In simple terms, this is one of best way to gain attractions from people in the cryptocurrency or even outside of it to participate and support the project. By the doing so, they will be rewarded with a token from the team/project when you have participated correctly.
How Do I Find Free Airdrops?
Airdrops can usually easily be find anywhere in the internet especially in social media platforms like Facebook and Twitter. But if you or you want to be persevere in trying your luck with airdrops, the easiest way to get updated for the new airdrops that can potentially give you free money is by joining Telegram groups or a Telegram channels that refer its followers almost all new airdrops everyday.
Here are some of the Telegram channels I have following and made some free money from their referrals:
https://t.me/RedWhiteAirdrop45
https://t.me/airdropmm01
https://t.me/Airdrop_Hunter_Channel
You call also just search the word "airdrop" in Telegram or Twitter and there you'll find lots of accounts for you to follow.
How To Be Safe In Participating In Airdrop?
Of course, when we say "free money", it should literally mean that you should not send any amount of money. But if you are not careful enough, the most important thing can be taken from you - your personal data.
So here are some ways to safely participate in those airdrops:
Create an email account exclusively for airdrops only. Don't use your personal email that you use in different platforms like Facebook.
Create a Twitter account, again, for airdrops only. Don't use your main Twitter account that you have inputted some of your personal data.
Create a Telegram account (optional). You can still use the Telegram account you have now.
Create a non-custodial wallet only for the airdrop. Don't use the wallet where your funds are stored.
Lastly, don't log in especially to your seed phrases in a malicious links or websites.
You Need To Be Have A Long Patience.
Most airdrops can be easily claimed through your non-custodial wallets like Trust Wallet by connecting it the project's website and you need to pay for making the transaction. This can come at risk especially when you have a huge amount of money in it.
But, most legit projects doesn't give out easily the free tokens and it sometimes take weeks, months or even years before it get airdropped to the wallet you registered.
Don't expect that you will get it easily especially because it is "free".
Final Say.
Since cryptocurrency are gaining much attention because of its potential and lots of projects are launching time to time, also lots of it are just scams and want to take your money or waste your time. However, when you spotted a good project and experienced getting rewarded, you'll enjoy hunting this opportunity of free money.
Before I participate in many Airdrops.But,at the end those airdops wwere fake.I got nothing.In a few I also earned.But,I had to wait till those coins showed in market.So,I agree with you,that some only collect emails.