Gaining popularity in the cryptocurrency world, Airdrops are new tokens offered by crypto projects to garner attention and interest around their platform and features. The airdrops can be switched for money or other tokens on crypto exchange platforms that offer such services.
The tokens, however, have to be enlisted as part of the crypto tokens on the platform, of which there are multiple substitutes. The distribution of airdrops is free and can be obtained at any location around the world after passing through the process on each distinct token platform.
Airdrops are offered through Initial Coin Offerings (ICO), Security Token Offering (STO), an Initial Exchange Offering (IEO). All of these are fund-raising mediums used to create buzz around a developing or new project. A wallet address can be used to receive the airdrops after passing the verification process; the airdrops are legitimate and even used by some of the established players in the crypto community.
Airdrops hold a lot of value for the end-users; here are some highlights of their benefits:
Airdrops are used by numerous token platforms to reward new and existing customers who show support for their tokens. The offerings are used to build a lasting relationship and motivate them to continue using their products and services. All investors who make commitments to fresh tokens at an early stage stand to realize profits at a later time.
Read more here: https://www.airdroprating.io/blog/benefits-of-airdrops/
