In the cryptocurrency digital industry, an airdrop is a marketing campaign in which funds or tokens are sent to wallet addresses in order to raise awareness of a new virtual currency.
Small amounts of new virtual currency are handed out for free or in exchange for a small service, such as a retweet of a post issued by the company that creates the cryptocurrency, or any form of endorsement to spread awareness of the currency.
These encrypted airdrops are usually sent to the wallets of active members of the blockchain community.
Crypto Airdrops 2022
As mentioned by Investopedia, airdrop is a marketing strategy used by blockchain entrepreneurs to help a virtual currency project take off.
Its goal is to raise awareness of the cryptocurrency project and encourage more people to trade it when it is launched as an Initial Coin Offering (ICO) on the exchange.
Airdrops are usually announced on the company’s website and in the cryptocurrency community, and the coins or tokens are distributed only to existing crypto wallet holders, particularly Bitcoin or Ethereum wallets.
For example, the Ethereum Name Service distributed $17,000 to $30,000 in ENS tokens.
Those who purchased at least one ENS domain received governance tokens as an airdrop.
Terra is a crypto project confirming in cryptocurrency airdrops.
Terra has gained quite a bit of buzz this year, and its native token LUNA is now the 10th most valuable cryptocurrency, with a market cap of $25.1 billion.
Dogecoin (DOGE), Shiba Inu (SHIB), and Avalanche have all been overtaken by LUNA (AVAX).
There are many ways to receive a LUNA airdrop, and the TerraDrops community has collected the details.
Users who use LUNA get the majority of these benefits.
Ripple is another project that has also been confirmed by an airdrop of cryptocurrency.
Ripple’s XRP is one of the oldest cryptocurrencies, with a large ecosystem centered on the XRP ledger.
Sologenic, a decentralized exchange, is one of the projects using it.
The company behind the cryptocurrency announced a solo airdrop for XRP and SOLO holders with a total value of 200,000,000 SOLO.
On December 24 at 8:00 PM UTC, a snapshot will be taken, and eligible users will receive their rewards on January 20, 2022 at 8:00 PM UTC.
The Twitter account “XRP Airdrops” tracks other XRP airdrops. If users own XRP, this is an excellent way to track their eligibility for future airdrops.
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The ICON Blockchain Foundation allows separate blockchains such as Polkadot, Ethereum, Avalanche and Solana to connect.
Blockchain Transfer Protocol (BTP) is used to interconnect blockchains, including those that have completely different consensus technologies and algorithms.
According to Crypto News Z, the new blockchain, ICE, will give the ICON ecosystem a new application center.
ICE’s original currency, ICE, will be dropped in a 1:1 ratio for all ICX holders.
In order to be eligible for the reward, the ICX must be stored in a dishonest wallet, which means that users own their private keys.
MetaMask is one of the most promising efforts to create a Web3 portal. They offer a mobile app and browser plug-in that allows users to buy, store, send, and exchange tokens across multiple blockchains.
While Mask Network has already claimed the MASK indicator, we should expect the MetaMask code to be produced and distributed to platform users soon.
To increase your chances of getting that airdrop if it turns out to be accurate, sign up for the MetaMask platform.
It is almost certain that making a transaction will qualify you for the award. However, the 2022 cryptocurrency airdrops for MetaMask remain unconfirmed.
According to Zapper, Zapper is a digital finance platform that allows users to track their assets, liquidity pools, rewards, and yield farming activities in their DeFi wallet.
Users of the platform have already requested an airdrop and Zapper token installation.
If there is enough demand, Zapper may choose to launch an airdrop with its native token. Just like MetaMask, Zapper’s 2022 crypto airdrops are yet to be officially confirmed.
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