Crypto airdrops: forks, upcoming airdrops, airdrop alerts – the complete guide
You may have seen the “new airdrop!” messages with links plastered all over social media on a daily basis. This guide will explain what airdrops in crypto are, how to use them and how to stay safe while claiming your airdrops.
What are crypto airdrops?
In simplest terms, an airdrop means awarding a certain number of tokens to holders of certain cryptocurrency. A cryptocurrency fork is an example of an airdrop, because existing users receive the same amount of coin of the NEW blockchain that they had of the initial one.
Not all airdrops are based on forks though. Some coin creators chose to run airdrops instead of ICOs – it’s an easier path in terms of legal issues, safety and accountability. While they distribute tokens they are asking for some kind of involvement in exchange, like social media following or shares, upvotes, comments, etc.
The key goal of running an airdrop is to gain exposure. Coin and token creators lure in users with free tokens, and as a result they gain media coverage, initial userbase and customer feedback. Considering they determine how many tokens to issue airdrops are a win-win event for both token developers and users who get free coins.
Airdrop alerts. How to find airdrops?
A lot of websites, social media accounts and Telegram groups publish airdrop alerts. Here’s an updated list:
CryproDuke’s Airdrops (a curated list of airdrops checked in real time on a Trello board)
/if you want us to list your site contact us/
Safety while claiming airdrops. Airdrop scams.
As with everything in crypto, and in fact anything else in the world, there are scam in airdrop space. Most would be taking form of phishing, i.e. tricking you into giving up sensitive information. For instance, your Ethereum or Bitcoin private keys.
An example of an airdrop scam is a recent fake Vechain airdrop website that asked users for their Ethereum private keys:
Naturally, everyone who entered their private key lost their tokens. Remember, never share your private keys with anyone (and head over to our Bitcoin wallet comparison to select wallets that do not store your private keys).
The main safety tips here would be – always verify the page you are on. Is it the official cryptocurrency project page? Is there a secure connection (https)?
In addition – just do not give out any personal info, like private keys, your name, IDs, address, do not use same password as in your email etc. etc. Remember, the tokens should be free, so don’t bother with those that ask too much in return.
What have been the best airdrops lately [UPDATED] ?
Here’s an updated list of prominent airdrops that have attracted a lot of public interest and generated considerable social traction:
Swarm.Fund airdrop (March 14th 2018)
red pocket airdrop