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What is an Airdrop?

An airdrop of cryptocurrencies is a promotional tactic. It entails transferring money or tokens to certain wallet addresses. Minor amounts of the new virtual currency are distributed to the wallets of active blockchain community members for free or in exchange for a small service, such as retweeting a post from the company creating the currency. A crypto airdrop's focus is to raise interest in and use of a new token or coin.