What is an airdrop

in bitcoin •  7 years ago 

Lots of new coins are being distributed via airdrop. Can someone please define what an airdrop is and if this is different from an ICO?

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An airdrop is to spread the coin to a large audience and create a community behind it. Some airdrops you need to do small tasks for receiving the coins.

True. If you have 2 nodes, that makes 1 connection. Add a 3rd node, 3 connections, add 4th, 7 connections. Add 5th, 12 connections...and so forth. This describes a "full mesh" network but airdrops build networks by client incentives. The wallet or account being the client and the coin being the incentive. Just my take, I am really saying the same thing.

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An airdrop is when coins are released into the community for free or in exchange for small tasks. Like promoting the token project on social media.
This builds the community (market) and involvement of People in the project and people who receive air drops should become advocates and users of the token.

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