With the advancement of Internet technology it is easy for companies to promote their products and services to their target audience at a significantly lower cost. In the cryptocurrency world a new marketing technique evolved, these new technique is called “airdrop”.
Airdrop is an event to distribute a large number of cryptocurrency to wallet address at no cost. An airdrop nft is a cryptocurrency promotion event. By this event you can increase the brand value of your cryptocurrency.
To be eligible for airdrop event you need to complete certain tasks. Sometimes no effort is needed if you own certain amount of Bitcoin or ethereum.
Main goal to airdrop NFT are:
- To create awareness
There are many crypto coins are available in the market. It is a hugely crowded market. By an airdropping event you can attract a lot of customers to your crypto currency. New customers will get enticed to explore your project.
- Aligning interest
The person who receives free airdrop coins will pay more attention to the success of the projects. By airdropping event, it can increase the value of the coin.
- Substitute mechanism
Airdrop nft is an alternative way by which the countries where Initial coin offerings are banned can access to the cryptocurrency.
- Distribution of token
An important features of open source distribution it removes all inequality. An airdrop is a mechanism to set up a distributed network of users.
If you want to participate in airdrop event there are few things necessary to get started. At first you have to setup a cryptocurrency wallet. You have to create a cryptocurrency wallet that is fully owned and managed by you. The safest wallet will be hardware wallet which only store physical coins.
To apply or sign up for airdrop you must need an email address. Having an email address exactly for airdrop can be convenient for you, if you are looking to invest big time in getting airdrop tokens. Some airdrop events require you to share about the project on your social media handle like tweeting about an airdrop event or posting about it on Facebook.
In the exchange of it you will get NFTs. Airdrop registration is done for a limited time. You have to ensure that you register yourself within the specified time. There are few different types of airdrop and each of them requires different set of action.
Categories of Airdrop
- Standard airdrops
In standard airdrops you just need to sign up for the projects. You just need to register yourself with your name and email id.
- Holder airdrop
In these type of airdrop you just have to own some amount of bitcoin or ethereum. You will receive the airdropped coin in the ration of your holding.
- Exclusive airdrops
These type of events are managed by professional airdrop management companies which have large followings. If you are registered with the company then you can easily get access to new airdrops events. To make an airdrop of cryptocurrency there are many social media platform available where you can organize an event or you can just contact with an airdrop management company for it.
