Airdrop

An airdrop is a distribution of crypto tokens to multiple wallet addresses, often for free or in exchange for simple tasks. Projects use airdrops to raise awareness, reward early users, or decentralise token ownership, and eligibility may depend on past activity, holding another asset, or completing specified actions.

A common misconception is that all airdrops are safe or genuinely free; some are marketing, and others are scams designed to trick recipients into connecting wallets or approving malicious transactions. Receiving an airdrop can also carry tax implications in some jurisdictions. This entry is educational and not financial advice.