Understanding the Airdrops in cryptocurrency: a beginner’s guide
In recent years, cryptocurrency has increased popularity, with millions of investors around the world to jump on the train. However, one of the most exciting and innovative aspects of cryptocurrency is the concept of paratroopers. An aerial card is an opportunity for tokens holders or users to receive tokens or free rewards without having to buy or exchange them. In this article, we will explore the bases of the air props in the cryptocurrency, including the way they work, the types of paratroopers and what you should know.
What are the Airdrops?
Airdrops is a type of reward program where tokens holders or users can receive tokens as incitement to their participation. The term “Airdrop” was invented for the first time by the cryptocurrency community in 2014, but it did not draw significant attention until recently. Since then, paratroopers have become more common and widespread.
How do the Airdrops work?
Airdrops generally involves one or more participants, called “holders”, who are invited to participate in a reward program by creators or project administrators. The awards can be in various forms, such as:
* Distribution of tokens : Participants receive new tokens or project updates.
* Rewards based on events : Airdrops are triggered by specific events, such as partnerships with other projects or integrations with third -party services.
To participate in an air card, you must follow these steps:
- Discover the air settings: Look for announcements on social networks, websites or forums.
- Check the balance of your account: Make sure your wallet has enough tokens or funds to receive rewards.
- Participate: Follow all the instructions provided by the project or the administrators.
Types of airlines
The parameters arise in various forms, in particular:
* Initial currency offering (ICO) Ardrops : Tokens distributed during the ICO phase when the project is still active and growing.
* Token Generation Event (TGE) Ardrops : rewards are given to chip holders after the project generation event (TGE), where new tokens are created.
* Ardrops based on events : rewards are triggered by specific events, such as partnerships or integrations with third -party services.
Some popular examples of successful paratroopers include:
* Binance Coin Ardrop 2017
: Binance Distributed BNB (BNB) to its users for having participated in the initial range of parts.
* Stellar Airdrop 2014 : The stellar network, founded by Jed McCaleb and Peter Szalay, distributed XLM tokens to the first adopters.
Why are the airlines important?
Paratroopers have become a crucial part of the cryptocurrency ecosystem. They offer token holders to receive rewards without having to buy or exchange their own tokens. This can be particularly attractive for:
* New users : Airdrops offers new investors to participate in a project and receive rewards before having to spend money on their own assets.
* The holders of tokens : Airddrops grant an incitement to tokens holders to keep their tokens, because the award is often distributed after the success of the project.
However, it is essential to note that not all paratroopers are legitimate. Be careful when you participate in Airdrops and always follow best practices:
- Find the project: check the legitimacy, security and transparency of the project.
- Follow the instructions carefully: pay attention to all the requirements or constraints set by the project administrators.
Conclusion
Ardrops have become an exciting aspect of the cryptocurrency ecosystem. By understanding how they work and what types of paratroopers are available, you can make informed decisions on participation in these events. Do not forget to always follow best practices and search for projects before committing your time and resources.
