An Airdrop is a token distribution event that acts as a reward or incentive for a project or activity.
![DeFi Book AirDrop](https://defibook.com/wp-content/uploads/2022/12/DeFi-Book-AirDrop.png)
A crypto airdrop can also be a marketing tactic companies or organizations use to distribute cryptocurrency tokens to many people for free. This is typically done to promote the company’s brand, generate buzz, and build a community of users around the project.
Airdrops are often distributed to people who hold a certain type of cryptocurrency, such as Ethereum, or to individuals who have signed up to receive information about the project.
To claim the airdrop, the recipient typically needs to provide their cryptocurrency wallet address and meet other requirements set by the company or organization.
Airdrops can be a good way to get free tokens and potentially profit from them if the value of the tokens increases, but they also carry some risks, such as the possibility of scams or fraud. It is important to thoroughly research a project before participating in an airdrop to ensure that it is legitimate.
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