Airdrops and more
An easy way to get involved in the crypto ecosystem without risking capital.
How would you feel if you were opened up your crypto wallet one day and saw some $10,000 worth of tokens? Sounds too good to be true, right? Well, it is true!
You may be wondering, what is the catch? if it is true, what should I do to claim it?
Crypto projects use token airdrops as a means to
Gain an initial user base
Get traction for their project
Reward loyal users for their contribution
Let’s deconstruct this.
The cold start problem
Imagine you have started the next dating app that is a better version of Tinder. You have a chicken-egg problem.
New users will open your app only if there are enough people using it. For enough people to use the app, new users should keep coming, else they’ll run out of people to match with. Now imagine you reward every new user with some money to come and test the app. Thats literally what token airdrops are. It is an incentive for users to test out your product while you get engagement on it
Engagement and retention
It is not enough that you got users to try out your product. You want to them to use it regularly and for a long period of time. Typically token airdrops are done in phases to ensure that users who signed up are rewarded for spending time on the product/protocol.
How to get started
If you have read so far, I presume you want to figure out how to make the most of this and get involved.
To start with download and install the following wallets on your web browser
Create an account on Discord and Twitter
Head over to the following platforms to discover airdrop opportunities
Zealy and Galxe have only limited number of opportunities which are popular. The more users that do the tasks the fewer tokens each user gets. A great way to get good airdrop opportunities are to follow eminent airdrop hunters on twitter. Posting a few handles here.
@corleonescrypto Major airdrops
@OlimpioCrypto For testnets and airdrops
@Abrahamchase09 Testnets and airdrops
@MingoAirdrop Major airdrops
@CryptoSnooper_ Major airdrops
If you would like a step by step break down everyday for specific tokens, please vote below and I will make sure to send it to you. 1 task per day. By the end of 1 year you would have claimed 365 tokens with varying levels of rewards. At an average of $50 potential reward per task you can end up with $18,000 for free!
Disclaimer: None of the material shared here should be construed as financial advice. It is purely educational in nature