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.


Markets

Ukraine Says 'Airdrop Confirmed’ After Receiving $33M in Crypto Donations

It’s the first time a country will conduct an airdrop for donations.

Globos aerostáticos (Pexel/Pixabay)

Opinion

What You Need to Know About Taxes Before You Claim Your Next Airdrop

Investors receiving airdrops should be aware of the tax implications of their newly earned tokens to avoid unwelcome surprises from the IRS.

Did you pay taxes on that airdrop? (Pixabay)

Markets

Crypto Exchange BitMEX Airdrops 1.5M BMEX Tokens to Users

The tokens allow users to get trading discounts and other benefits on using BitMEX.

(vector Illustration via Getty images.)

Learn

What Is a Crypto Airdrop?

Airdrops involve crypto projects sending free tokens en masse to their communities in a bid to encourage adoption.

Crypto airdrop concept (Getty)

Markets

Ethereum Gas Site Fees.wtf’s WTF Token Down 80%, Following SOS and GAS

A cult website that tracked Ethereum gas usage ironically sent gas fees soaring amid airdrop fervor.

Ethereum gas fees are measured in gwei, equivalent to 0.000000001 ETH (Image credit: Shutterstock).

Tech

Gas DAO Token Struggles to Maintain Momentum After Airdrop

The latest in an increasingly absurd trend has already found 26,000 claimants.

Macho the dog demonstrates surfing-while-popping-balloon skills. (Rodin Eckenroth/Getty Images)

Finance

OpenDAO’s SOS Token Hits $250M Market Cap Despite Unclear Goals, Security Risks

Airdrops can kickstart a community, but that doesn’t mean they have staying power.

(Kamil Pietrzak/Unsplash)

Markets

BitMEX Announces BMEX Tokens to Revive Retail Interest

The exchange enjoyed some of the biggest trading volumes until recent years but has since failed to keep with newer competitors.

(Shutterstock)

Tech

DEX Aggregator ParaSwap Launches PSP Token on Heels of ENS Airdrop Excitement

After months of anticipation and a thorough “anti-Sybil” process, ParaSwap’s DAO is now live.

(ieva swanson/Unsplash)

Finance

Missed the ENS Airdrop? Here Are the Crypto Projects Rumored to ‘Decentralize’ Next

Web 3 promises to reward users, but it needs users first.

(Al Soot/Unsplash)

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