hashkonofficial (OP)
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February 22, 2018, 12:31:54 PM Last edit: February 25, 2018, 01:44:25 PM by hashkonofficial |
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Hi I Just want to know that what is Airdrop? And how does it work? How to earn through it?
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paxmao
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Do not die for Putin
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February 22, 2018, 01:18:06 PM |
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Hi I am new here..Just want to know that what is Airdrop? And how does it work? How to earn through it?
You will find a few threads about this on the Altcoins Discussion section of the forum. Basically and airdrop is a free distribution of tokens. A true airdrop will not require you to do anything, except perhaps registering an Ethereum address to receive the tokens (some airdrops may be new coins or based on NEO, WAVES or other platforms). This is something that many companies do to have a wider user base and raise awareness of their project.
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Alluro
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February 22, 2018, 01:29:15 PM |
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Some ICO projects doing airdrop campaign before launch their ICO. That mens they are giving their tokens for free. We have do simple tasks for participate the airdrop like follow twitter, Retweet, Join telegram group etc. Most ICO projects are ethereum based projects. You need ERC20 tokens supported wallet (Myetherwallet, Metamask) to get airdrop tokens. Some projects are based with NEO, Waves etc and some airdrop coins receive their own wallets too. You have to register their sites to get tokens.
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wandino
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February 22, 2018, 01:35:55 PM |
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Hi I am new here..Just want to know that what is Airdrop? And how does it work? How to earn through it?
It's a giveaway of coins for being a part of the group or doing small tasks. You can look for them on announcement threads.
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makoitus
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February 22, 2018, 02:00:13 PM |
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Hello there mate! So before I answer your question let me just welcome you to the forum Cheesy So anyway, Airdrop campaigns is one way on how you get coins/tokens. Every Airdrop campaign is different as well but they have some things in common. This is one way for ICOs to introduce their project and reach out to their target market. So when I say that every Airdrop is different because of course it will depend on the project itself, but most of it will require you to do a few simple things. Most Airdrops that I know of will ask you to 1. Sign up on their website, and yes simple sign ups will let you earn a few of their coins(if they have one, it is a plus as well if they do and most legit ICO projects do have their own sites) 2. Invite friends or the referral links(be careful where you post one here though, I think they're strict with referral links Grin) 3. Join a Telegram or Discord group(some will require you to be active and some don't so just make sure to double check the rules) 4. Some might ask you to follow their social media accounts like Twitter, Facebook, IG, Medium and more. Those I mentioned are the most common ones(It is helpful if you do, there might be important announcements) So yeah, basically those I have listed here are the most common tasks that you might be doing once you join an Airdrop. If you're interested in joining one there are a lot of Telegram groups that are announcing or giving out links to ongoing Airdrops, you might stumble upon one if you just go through the forum. It's nice to read or check posts that gets your attention once in a while, it really helps a lot. And when you find something interesting or things related to your question here and I might not know about it yet, please do post it here so that I can read about it. I have so many things to learn myself as well. Anyway, hope this helps and once again welcome and good luck with your endeavors. Have a great day mate!
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nitinkp47
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February 22, 2018, 03:19:12 PM |
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Airdrop can be the best way to get some free tokens from the community by doing simple tasks. I currently participate in DeepOnion airdrops before they do full-fledged launch
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qwertylolxd
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February 22, 2018, 07:54:31 PM |
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A crypto airdrop is when a blockchain project distributes free tokens or coins to the crypto community.
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MintDice
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February 22, 2018, 07:58:27 PM |
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A crypto airdrop is when a blockchain project distributes free tokens or coins to the crypto community and to be a recipient, usually the only requirement is that you have coins from the relevant blockchain stored in your wallet. You can also get free coins from a faucet.
Cheers!
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HabBear
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February 22, 2018, 08:16:06 PM Last edit: February 22, 2018, 08:35:39 PM by HabBear |
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All of the comments quoted below are wrong - these are not what airdops are!A true airdrop will not require you to do anything, except perhaps registering an Ethereum address to receive the tokens (some airdrops may be new coins or based on NEO, WAVES or other platforms).
Some ICO projects doing airdrop campaign before launch their ICO. That mens they are giving their tokens for free. We have do simple tasks for participate the airdrop like follow twitter, Retweet, Join telegram group etc.
It's a giveaway of coins for being a part of the group or doing small tasks. You can look for them on announcement threads.
Airdrop can be the best way to get some free tokens from the community by doing simple tasks. I currently participate in DeepOnion airdrops before they do full-fledged launch
This comment from MintDice (below) is the only correct answer thus far.A crypto airdrop is when a blockchain project distributes free tokens or coins to the crypto community and to be a recipient, usually the only requirement is that you have coins from the relevant blockchain stored in your wallet. You can also get free coins from a faucet.
Cheers!
An airdrop is...- ALWAYS associated with a hard fork attempt
- The release of a new coin by way of a hard fork, the forking coin needs to giveaway an amount of their coin equal to what wallets hold of the target coin (the one being forked),
and to do this they grant owners of the target coin the new coin at a specific date and time, seemingly out of thin air...thus "airdrop" An airdop is not...- A bounty campaign
- Given for doing work, e.g., performed to promote a new token release, community tasks, registration, etc.
The confusion is driven from a lot of the bounty campaigns out there - campaigns give out coins as compensation, income, for promoting the coins. And people who are new to Bitcoin and participate in these campaigns confuse the compensation that they are getting with the term "airdrop"...and then spread the incorrect use of the term. And if you don't want to take my word for it, here's a source: An airdrop for a cryptocurrency is a procedure of distributing tokens by awarding them to existing holders of a particular blockchain currency.
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randomduck
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February 22, 2018, 09:30:56 PM |
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Hi I am new here..Just want to know that what is Airdrop? And how does it work? How to earn through it?
It's usually something done by new coins, where you can "apply" for the airdrop, and if you meet their certain list of requirements, then you are eligible to receive free coins or tokens by them Typically, these requirements involve you having an active profile on the native coin's forum, or on a separate forum. The reason for this is that shows that you are sharing this new coin with a wider community, and possibly on a more popular forum. For example, I have seen coin airdrops that require for you to have an active profile on this forum, as it is so popular so that you can promote their coin to other users who share interests in crypto-currencies. In shorthand, it is the makers of the coin "giving away" coins to certain user's for free in order to spread awareness.
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HabBear
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February 22, 2018, 09:59:48 PM |
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It's usually something done by new coins, where you can "apply" for the airdrop, and if you meet their certain list of requirements, then you are eligible to receive free coins or tokens by them
Typically, these requirements involve you having an active profile on the native coin's forum, or on a separate forum. The reason for this is that shows that you are sharing this new coin with a wider community, and possibly on a more popular forum.
For example, I have seen coin airdrops that require for you to have an active profile on this forum, as it is so popular so that you can promote their coin to other users who share interests in crypto-currencies.
In shorthand, it is the makers of the coin "giving away" coins to certain user's for free in order to spread awareness.
Another prime example of a Newbie member of this forum:(1) Confusing compensation for promoting a new token OR participating in a promotional giveaway with the term "airdrop", and (2) Not bothering to read through the thread before responding Everything randomduck mentions above is incorrect related to what an airdop is. What randomduck is describing is a promotional giveaway or a bounty campaign (i.e., compensation). This is also a prime example of why Newbies struggle to earn merit from their posts.
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Digital Mutant
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February 22, 2018, 10:33:53 PM |
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When the developer of a crypto project want its new coin/token to be adopted by users and he need to advertise the new born token/coin, he organizes an airdrop.
An airdrop means free coins/tokens for a certain number of users that subscribe to the airdrop in order to participate to the free delivery of the coins/tokens. Most of airdrops are ethereum blockchain based projects so that if you give your ethereum address to the developer that organize the airdrop, he will send you a quantity of coins/tokens directly on your ethereum wallet.
This is a general answer, than airdrops can be very different one from another in function of their blockchain or objectives, but basically is a free distribution of tokens to a certain number of users.
A lot of airdrops are fake and a waste of time, very few are good deals.
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DudeLion420
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February 22, 2018, 10:40:55 PM |
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In short: Airdrops are a way for a crypto project to gain attention or promotion. A participation in an Airdrop will get you free crypto assets for registering an account or filling a form . Hope i could help, peace
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CoinRace
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February 23, 2018, 02:24:28 AM |
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A crypto airdrop is when a blockchain project distributes free tokens or coins to the crypto community.
How many tokens should be distributed?
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Tuanken897
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February 23, 2018, 05:12:29 AM |
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A crypto airdrop is when a blockchain project distributes free tokens or coins to the crypto community.
How many tokens should be distributed? Some project give away alot of tokens. Others give small amount. They can use Airdrop campaign to advertise their project. At the first they give free, then they will sell their tokens. Some project don't have ICO, they use Airdrop campaign to make a strong community and sell their tokens
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jingabalosbounty
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February 23, 2018, 05:28:27 AM |
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Airdrop is a free coins or tokens distribution. Use of this technology is possible both during the ICO and after its completion. The main criteria of getting free tokens are a positive wallet balance and possession of the keys from it.
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Rocky69
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February 23, 2018, 05:56:28 AM |
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AIRDROP is nothing but a promotional technique being followed by many ICOs . In AIR DROP participants get free Token /coins for being a part of the group or doing small tasks on FB , telegram , twitter etc .
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upekhaanthony
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February 23, 2018, 06:06:28 AM |
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Airdrop is some kind promotion methodology that most ICO use. We have to do some small work for them like sharing a post, following on twitter etc or just apply by filling the a form with our information. Applying for airdrop is very easy. With that Airdrop we can earn some coins free(most of the time small amount)
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jseverson
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February 23, 2018, 06:39:03 AM |
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-snip-
That probably was true for a while, but as time went on the term was used for other purposes (mostly by crypto marketing teams, I'd bet), which gave it additional meaning. This is also from the wiki page: What are required for airdrops?
Airdrops require that anyone who wants to participate should have the following: 1. Bitcointalk account 2. A telegram account 3. A waves wallet or other ERC20 wallets 4. A Facebook account 5. A Twitter account
Others can require accounts like LinkedIn. None of those should be necessary if airdrops, in this sense, were strictly referring to just forked coins. You only need your private key for Bitcoin Cash, for example. This site also describes it in a different way: Airdrops can be delivered in a variety of ways, including forks (e.g. Bitcoin Cash, Bitcoin Diamond), ICO purchases (e.g.Raiden Network), and freebies (e.g. Binance gifting customers with 500 free TRX). Sometimes an airdrop will occur if a team behind the blockchain project decides to give away “free” tokens to the cryptocurrency community. The newbies are probably just referring to the colloquial meaning of the term, rather than the traditional one.
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SALAUDDIN
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February 23, 2018, 06:40:51 AM |
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Airdrop is something like a giveaway for those people in this forum that is junior member or higher rank. It is also capable of being fast in distributing coins for those who submitted to join. It's free coins,the dev of the coin will give people according to his set preferences could be members of this forum with junior rank and higher I already participate in 5 airdrop and made a good profit from those coins,You can check the altcoin announcement for airdrop,it's the easiest way to build community,because everybody here loves free coins.
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