Airdrop

An Airdrop is a marketing tool for distributing cryptocurrencies to the public in order to promote new blockchain projects. Most of the time, recipients do not have to fulfill any specific tasks to receive an airdrop, sometimes the holding of a certain number of coins or tokens is a prerequisite to qualify for an airdrop.

Unlike an ICO (Initial Coin Offering), digital assets are distributed for free in an airdrop and there is no purchase involved.

See also: ICO (Initial Coin Offering), IEO (Initial Exchange Offering).