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What Is an Airdrop in Crypto?

Modified on Sat, 19 Apr at 1:15 AM

In the world of crypto, you might one day find tokens in your wallet without ever buying them. That’s not a bug — it’s likely an airdrop.

This article explains what a crypto airdrop is, why projects do it, and how users can benefit (or sometimes get scammed).

What is an airdrop?

An airdrop is the free distribution of crypto tokens to users’ wallets. Projects use airdrops to reward early supporters, promote awareness, or kickstart adoption of a new token.

Airdrops can be unconditional or require small tasks (e.g. following on Twitter, joining Discord, or using a dApp).

Types of airdrops

  • Standard airdrop: Users register to receive free tokens.
  • Holder airdrop: Tokens are distributed to holders of a specific asset (e.g. ETH, FLTK).
  • Activity-based: Users earn tokens by completing tasks or interacting with the project.
  • Retroactive: Surprise airdrops sent to wallets based on past activity.

Why do projects offer airdrops?

  • Marketing: Airdrops create buzz and get people talking about a new token.
  • Decentralization: Distributing tokens broadly helps spread ownership.
  • Rewarding loyalty: Airdrops can thank early users or active community members.

Are airdrops safe?

Most are harmless and legitimate — but scammers use fake airdrops to trick users into giving away private keys or signing malicious transactions.

  • Never share your seed phrase or private key.
  • Only claim airdrops from trusted sources.
  • If you're unsure, don’t interact with unknown tokens in your wallet.

Floin Insight

Floin may support selected airdrops in the future. Our team carefully vets each project before distribution. Users will always be notified directly and clearly through official Floin channels — no action will ever require your private key.

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