Airdrop (Crypto)
Definition
The distribution of free cryptocurrency tokens or coins to wallet addresses, typically used for marketing purposes, rewarding early users, or bootstrapping community adoption.
Example
A DeFi project airdrops tokens to existing holders to incentivize platform usage and decentralize governance.
Related Terms
Frequently Asked Question
What is a Crypto Airdrop?
A crypto airdrop distributes free tokens to wallet addresses for marketing, community building, or rewarding early adopters. Recipients need only hold a qualifying wallet or token balance.
APA Citation
Last updated:
· Source: VixShield Trading Glossary — From SPX Mastery by Russell Clark
⚠️ Not financial advice. This definition is educational content from the SPX Mastery book series by Russell Clark (VixShield). Past performance is not indicative of future results. Trading options involves substantial risk of loss and is not appropriate for all investors. Always paper trade before risking real capital.