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Airdrops

    A crypto airdrop is usually a marketing tactic that uses the free distribution of new cryptocurrency tokens to drive awareness and build communities quickly, as well as help to put an early value on a token as recipients may begin to trade their airdropped tokens. Airdrops are therefore commonly used by Crypto startups looking to bootstrap their projects.

    In some cases, a recipient may be required to hold particular tokens or maintain a minimum balance in order to be eligible for an airdrop.  In other cases, users may need to perform small tasks such as posting about a project on social media.

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