If you are familiar with blockchain, you inevitably come across the term ‘Airdrop’ usually accompanied by a few exclamations marks and dollar signs. In this article, we’ll quickly explain the airdrop and list 5 airdrops that we currently love.
Most popularly distributed after an ICO, an airdrop is often a widespread issuance of tokens to help raise awareness of a particular project or enterprise and often used as part of a greater marketing strategy. For example, in late 2018, TenX airdropped their TENX token to people who supported them in various avenues like bounty programs or simply because they held existing PAY tokens.
It’s important to note that airdrops and bounties are not the same. Bounties are often directed actions and the airdropped token is the reward. Sometimes airdrops are delivered just because the distributors are trying to lure supporters of a different token or blockchain to their project. Even though ICOs are not as popular a crowdfunding event, airdrops are still around, and for the person who loves to collect and accumulate new tokens for little to no effort, it’s a great way to learn about a cryptocurrency or blockchain project and its community.
Below are 5 current airdrops we love.
Apollo
Apollo is the world’s first all-in-one cryptocurrency incorporating top features of leading cryptocurrencies and combining those with unmatched privacy, all in a single decentralized platform. Apollo is airdropping 500 APL tokens to their community members. The catch here is to chat with their Telegram bot, complete easy social tasks and submit details to the bot to receive 500 APL tokens. Also, earn 200 APL tokens for each referral.
Here’s a link to get started: https://t.me/ApolloBountyBot?
Requirements for the airdrop:
Tune.fm
Tune.fm is a global music economy that enables fans to discover new music from artists around the world. Users can support their favorite artists by directly streaming their music and earning JAM tokens on discovering new music. Tune.fm is airdropping 100 JAM tokens to all airdrop participants.
Here’s a link to get started: https://tune.fm/join/
Requirements for the airdrop:
Swiftex
Swiftex is a cryptocurrency exchange platform that brings new traders at par with professionals and the platform entices users through exciting features. Swiftex is airdropping 10,000 SWFT tokens to the first 5,000 airdrop participants. The tokens will be distributed after the Swiftex crowd sale.
Requirements for the airdrop:
- Telegram
Diagon
Diagon is a decentralized eSports ecosystem that enables people from all around the globe to test their expertise and contest in-group versus group matches for prominent online-based games. Diagon is airdropping 75 DGN to all airdrop participants. Users get 25 DGN for each referral.
Here’s a link to get started: https://t.me/diagoniobot?
Requirements for the airdrop:
- Telegram
- Medium
Verasity
Verasity is a disruptive video sharing ecosystem that pays the entire community for the creation and viewing of content. The airdrop is a total of $10,000 worth of VRAB tokens for the top 100 users. Top 100 participants will share the total prize pool based on their ranking. Winners will be contacted by mail after the end of the competition.
Here’s a link to get started: https://verawallet.tv/
Requirements for the airdrop:
- App Install
Is there an airdrop that you absolutely love? We want to hear from you! Be sure to follow Crypto Trader News on Twitter and Facebook.
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