What is crypto airdrop full explanation In the dynamic landscape of cryptocurrency, airdrops have gained popularity as a strategic marketing tool and community engagement method. An airdrop involves distributing free tokens or coins to holders of a particular cryptocurrency or to those who meet specific criteria. This practice has become a common strategy for new projects looking to gain traction, build a user base, or reward loyal supporters. The Mechanics of Airdrops Airdrops can take various forms, each with its own set of rules and criteria. Let's have a look at how they work: Eligibility Criteria : To qualify for an airdrop, users typically need to meet specific conditions. These might include: Holding a Particular Cryptocurrency : Many projects distribute tokens to holders of a specific existing cryptocurrency. For instance, a new token launched on the Ethereum network may be distributed to current Ethereum holders. Completing Tasks : Some airdrops require participants to pe...