2023-6-25 08:42 |
What Is An Airdrop? Airdrops are a marketing strategy used by blockchain-based projects to distribute free tokens to existing cryptocurrency holders or new users. Airdrops are often used to raise awareness of a new project, generate excitement, and attract new users.
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As the crypto market teeters back into euphoric territory following a rally to three-month highs, several investors are focusing on the release of Scroll, a hyped layer-2 network that will release its native governance token next week.
If you have the money printer as is the case for many of the blockchain projects with the power to create their own digital tokens why wouldn't you use it? PLUS: Vitalik Buterin riffs on meme coin and Ethereum's new "blob market."
The DeFi protocol, which generates yield from ether derivative funding rates, is set to airdrop 750 million ENA tokens, 5% of the total supply, on April 2.
The platform lets users start their own networks on Bitcoin and is offering developers millions of dollars as grant rewards.
Kamino is trying to quell days of angst after it revealed key details for April's KMNO airdrop.
BNB holders transferred over $400 million worth of BNB tokens in 24 hours to benefit from cross-chain gaming project Portal's upcoming airdrop, Arkham Intelligence noted.