Airdrops

Airdrops, within the world of cryptocurrencies, refer to the distribution of free tokens or coins to individuals who hold a specific cryptocurrency or participate in a particular blockchain network. This practice is often employed by companies, protocols, and crypto exchanges to promote their projects, attract new users, and foster community engagement.


Consensus Magazine

Sybil Millionaires: How Airdrop Hunters Trick Projects and Snatch Fortunes

They maintain multiple accounts for the same project, stay undetectable and maximize profits from airdrops like those of Arbitrum, Aptos, Sui and others.

Coins dropping / Getty Images

Markets

Arbitrum Daily Transaction Count Hits Record High Ahead of Token Airdrop

Arbitrum is decentralizing by launching its governance token ARB.

Gráfico de transacciones diarias de Arbitrum. (Arbiscan)

Markets

NFT Marketplace Sudoswap Airdrops Tokens to Liquidity Providers and 0xmon Holders

SUDO holders can vote on on-chain governance proposals, and the tokens are initially non-transferrable.

El lunes fueron distribuidos tokens flare a determinados usuarios de XRP. (Chris Briggs/Unsplash)

Opinion

An Urbit Airdrop Highlights Promises and Problems of Permissionless Development

The offbeat and controversial computing platform goes through growing pains as it seeks wider adoption through crypto.

Urbit Foundation's Josh Lehman gives a farewell address at Urbit's Assembly conference in Miami, FL in September 2022. (Daniel Kuhn/CoinDesk)

Policy

South Korea Plans to Tax Crypto Airdrop Recipients: Report

The government said crypto airdrops count as gifts under tax legislation.

CoinDesk placeholder image

Finance

Hop Protocol Airdrops Over 20M Governance Tokens

The Hop Protocol airdrop is currently worth around $3.5 million with 37% of users claiming their tokens.

El lunes fueron distribuidos tokens flare a determinados usuarios de XRP. (Chris Briggs/Unsplash)

Markets

Optimism's OP Token Plummets After Botched Airdrop

A controversial Optimism governance proposal is pushing for some wallets that sold the airdrop to be banned from future airdrops.

TW2WGQRB5JAXZKAK3FKZFO7UXE.jpeg

Markets

Optimism Tokens Claimed by Some Users Ahead of Official Airdrop Announcement

The Ethereum scaling system’s long-awaited airdrop is expected to go live on Tuesday, but some users were able to jump in early.

Did you pay taxes on that airdrop? (Pixabay)

Layer 2

Juno Blockchain Community Officially Votes to Revoke Whale’s Tokens

Takumi Asano says he may pursue legal action against the Cosmos-based chain’s validators unless the confiscated funds are returned to his investors.

"Realm of Juno" (Metropolitan Museum of Art)

Finance

Ethereum Rollup Optimism Launches DAO, Announces Long-Awaited Airdrop

Crypto Twitter has lit up with users excited to learn they will be eligible to claim Optimism’s OP tokens in an upcoming “season of airdrops.”

(Getty Images)

Pageof 9
Airdrops | CoinDesk