{"id":455163,"date":"2022-05-30T21:00:29","date_gmt":"2022-05-30T18:00:29","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/what-is-an-airdrop-in-crypto\/"},"modified":"2022-05-30T21:00:29","modified_gmt":"2022-05-30T18:00:29","slug":"what-is-an-airdrop-in-crypto","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/what-is-an-airdrop-in-crypto\/","title":{"rendered":"#What Is an Airdrop in Crypto?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2d310db579f\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2d310db579f\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/what-is-an-airdrop-in-crypto\/#%E2%80%9CWhat_Is_an_Airdrop_in_Crypto%E2%80%9D\" >&#8220;What Is an Airdrop in Crypto?&#8221;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/what-is-an-airdrop-in-crypto\/#What_Is_an_AirDrop\" >What Is an AirDrop?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/what-is-an-airdrop-in-crypto\/#Types_of_Airdrops\" >Types of Airdrops<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/what-is-an-airdrop-in-crypto\/#Buyer_Beware\" >Buyer Beware<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/what-is-an-airdrop-in-crypto\/#A_Final_Warning\" >A Final Warning<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CWhat_Is_an_Airdrop_in_Crypto%E2%80%9D\"><\/span>&#8220;What Is an Airdrop in Crypto?&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<figure style=\"width: 4166px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"type:primaryImage size-full wp-image-807652\" data-pagespeed-lazy-srcset=\"https:\/\/www.howtogeek.com\/wp-content\/uploads\/2022\/05\/shutterstock_1946662162.jpg?width=398&amp;trim=1,1&amp;bg-color=000&amp;pad=1,1 400w, https:\/\/www.howtogeek.com\/wp-content\/uploads\/2022\/05\/shutterstock_1946662162.jpg?width=1198&amp;trim=1,1&amp;bg-color=000&amp;pad=1,1 1200w\" sizes=\"auto, 400w, 1200w\" data-pagespeed-lazy-src=\"https:\/\/www.howtogeek.com\/wp-content\/uploads\/2022\/05\/shutterstock_1946662162.jpg?width=1198&amp;trim=1,1&amp;bg-color=000&amp;pad=1,1\" alt=\"A drone dropping crypto coins over a city.\" width=\"4166\" height=\"2343\" src=\"\/pagespeed_static\/1.JiBnMqyl6S.gif\" onload=\"pagespeed.lazyLoadImages.loadIfVisibleAndMaybeBeacon(this);\" onerror=\"this.onerror=null;pagespeed.lazyLoadImages.loadIfVisibleAndMaybeBeacon(this);\"\/><figcaption class=\"wp-caption-text\"><span class=\"type:primaryImage imagecredit\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.shutterstock.com\/image-illustration\/3d-rendering-bitcoins-dropped-drone-over-1946662162\">increation87\/Shutterstock.com<\/a><\/span><\/figcaption><\/figure>\n<p>Blockchains and cryptocurrencies continue to challenge traditional ideas around finance. Project developers have leveraged these innovations by introducing new ways to market and advertise. Airdrops are one of these recent developments that help promote cryptocurrencies.<\/p>\n<h2 role=\"heading\" aria-level=\"2\"><span class=\"ez-toc-section\" id=\"What_Is_an_AirDrop\"><\/span>What Is an AirDrop?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>An airdrop deposits free cryptocurrency into wallets of early adopters. Investors that purchase a cryptocurrency in the beginning stages are rewarded for their loyalty. Everyone loves free money, and as a result, awareness and excitement are generated around a project.<\/p>\n<blockquote class=\"admonishment_note\"><p><strong>Note:<\/strong> <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a>le also has a feature on iPhone, iPad, and Mac named AirDrop. Apple\u2019s AirDrop feature has nothing to do with cryptocurrency and is something completely different.<\/p><\/blockquote>\n<h2 role=\"heading\" aria-level=\"2\"><span class=\"ez-toc-section\" id=\"Types_of_Airdrops\"><\/span>Types of Airdrops<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Proactive airdrops provide free cryptocurrency from the beginning. Investors can use websites like <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/airdrops.io\/\">airdrops.io<\/a> to find projects that promote free cryptocurrency at a specified launch date. The idea is that by purchasing early, word will eventually spread, and more people will begin to buy the cryptocurrency. Prices rise and those that got in early are rewarded.<\/p>\n<p>Retroactive airdrops occur at a later date and are often by surprise. Users of a cryptocurrency can wake up one day and see a new cryptocurrency in their wallet. This is what happened to investors who purchased the famous <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/boredapeyachtclub.com\/#\/\">Bored Ape Yacht Club<\/a> NFTs. Those that held a Bored Ape at any time, regardless if they sold it, were rewarded with a new deposit of APE coin. Forgive the pun, but this airdrop was literally a token of gratitude to those that helped make the Bored Ape Yacht Club NFTs so popular.<\/p>\n<p><strong>RELATED:<\/strong> <strong><em>What Are NFTs? Meet Crypto&#8217;s Digital Collectibles<\/em><\/strong><\/p>\n<h2 role=\"heading\" aria-level=\"2\"><span class=\"ez-toc-section\" id=\"Buyer_Beware\"><\/span>Buyer Beware<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Despite sounding like an easy way to make some money, airdrops are typically too good to be true. Just like any other cryptocurrency, these airdrops are susceptible to rise\u2014and especially fall\u2014in value.<\/p>\n<p>Projects use airdrops to entice investors. More often than not, these projects provide no real long-term utility. They use airdrops to attract attention and create discussion. Put simply, most can be scams.<\/p>\n<p>Usually a small group of developers who created the cryptocurrency promote an airdrop to try and cause the price to increase dramatically. An airdrop that is advertised effectively, even without true utility, could attract investors to purchase and drive up the price. Developers then sell all of their holdings and investors not a part of that original group are left with no money.<\/p>\n<h2 role=\"heading\" aria-level=\"2\"><span class=\"ez-toc-section\" id=\"A_Final_Warning\"><\/span>A Final Warning<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Be extremely cautious when looking for airdrops. The vast majority will not hold value. In addition, some of these airdrops will require you to submit personal information like an email. If more information is asked of you, be careful. Most importantly, never provide your private keys. If someone has your keys they can access all of your funds.<\/p>\n<p>There are some legitimate airdrops out there. The APE coin airdrop is very recent but might be here for the long haul and provide some true utility in the Bored Ape Yacht Club community. There is speculation that holders of APE will be allowed to vote on community topics, just like a governance token.<\/p>\n<p>Airdrops can be a mutually beneficial way to explore the crypto world. Developers can find new use cases and early adopters can benefit from increases in price.<\/p>\n<p>There is a need for caution, though: Not all airdrops are lucrative. Most are scams and have no long-term utility. Do your research, never give out your keys, and always be skeptical of new projects.<\/p>\n<\/div>\n<p><script>\n setTimeout(function(){\n  !function(f,b,e,v,n,t,s)\n  {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n  n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n  if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n  n.queue=[];t=b.createElement(e);t.async=!0;\n  t.src=v;s=b.getElementsByTagName(e)[0];\n  s.parentNode.insertBefore(t,s) } (window, document,'script',\n  'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n   fbq('init', '335401813750447');\n   fbq('track', 'PageView');\n  },3000);\n<\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/technology\/\" target=\"_blank\" rel=\"noopener\">Technology category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/www.howtogeek.com\/802954\/what-is-an-airdrop-in-crypto\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;What Is an Airdrop in Crypto?&#8221; increation87\/Shutterstock.com Blockchains and cryptocurrencies continue to challenge traditional ideas around finance. Project developers have leveraged these innovations by introducing new ways to market and advertise. Airdrops are one of these recent developments that help promote cryptocurrencies. What Is an AirDrop? An airdrop deposits free cryptocurrency into wallets of early&#8230;<\/p>\n","protected":false},"author":1,"featured_media":455164,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.howtogeek.com\/wp-content\/uploads\/2022\/05\/shutterstock_1946662162.jpg?height=200p&trim=2,2,2,2","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-455163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/455163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=455163"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/455163\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/455164"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=455163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=455163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=455163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}