WHAT IS AIRDROP? WHAT ARE AIRDROPS?
The word "crypto", "cryptocurrency", "bitcoin", and likes are no stranger to majority of people. Arguably, 70% of computer users are aware of digital coins (cryptocurrency). But most still don't understand the overview meaning of airdrops. Some see airdrop hunters as cyber fraudsters. Today, I will explain it in the simplest usage of words for layman's understanding. Airdrop hunters (also called bounty hunters) are crypto enthusiasts who want to be part of early adopters of new coins (tokens). Airdrops are free coins. They are free because you don't pay to get it. You only perform simple tasks to earn it. Airdrops are given by financial companies. It a means of marketing and popularizing their products. Many companies come up with different projects of digital coins. Each coin has different use cases. For example, Bitcoin was created to: avoid government control over our money; to avoid tracing the owner with ...