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Types of Crypto Airdrops and Their Real-Time Projects


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Hey everyone!

Just wanted to share some insights on crypto airdrops—a popular way for projects to distribute tokens and gain attention. Airdrops help boost visibility, grow a user base, and build excitement in the community. Today, over 60% of crypto projects use airdrops as a key part of their strategy!

Airdrops come in several types. Standard airdrops are common; users simply sign up with a wallet address to get tokens. For example, Uniswap’s 2020 airdrop rewarded users with 400 UNI tokens, creating tons of buzz. The Hamster Kombat project is currently doing a similar standard airdrop, distributing tokens on September 26, 2024.

Holder airdrops reward existing token holders based on their balances, encouraging loyalty. PancakeSwap did this with CAKE tokens, and now Manta Network is doing one for Ethereum holders. Bounty airdrops reward users for tasks like sharing social media posts or creating content. Waves used this strategy, and LayerZero is currently doing a bounty airdrop for users who engage with their dApps.

 

There are also exclusive airdrops for select groups like early supporters. Ethereum Classic, for instance, did an airdrop for its earliest adopters. ZkSync is currently rewarding early adopters involved in its testing phase. Time-locked airdrops give tokens that users can’t trade right away, promoting long-term commitment. Terra (LUNA) has one where tokens unlock after six months. Hard fork airdrops happen during a blockchain split, such as Ethereum Classic splitting from Ethereum, with tokens distributed to existing holders. Finally, raffle airdrops let users win tokens through actions like following social media accounts. These create excitement and are often promoted on platforms like Twitter.

Each type of airdrop has its benefits, making them useful tools for crypto projects aiming to grow. Right now, airdrops are trending, making this the perfect time to get involved. If your project is ready for an airdrop campaign, consider working with a team that can make it a success. CoinsQueens specializes in crafting effective airdrop strategies that align with your project’s goals. Let’s leverage this trend together and make your project stand out with CoinsQueens!

Check out my full article to dive deeper into the different types of airdrops and see examples of real-time projects. Let’s take advantage of this trend and grow your crypto project with CoinsQueens!

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