Welcome to Coin Market Cap Tuesday Tutorials, today we will be taking a deeper look into Crypto Airdrops 2021. This is the Definitive Guide on airdrops. Discover how they work, how to get free airdrops and how to stay ahead of the news, by using up and coming airdrops on CoinMarketCap.com.
🔵 CoinMarketCap Timestamps:
0:00 – What Are Crypto Airdrops?
1:36 – How do you get ahold of a Free Airdrop?
3:21 – What’s so special about Crypto Airdrops?
3:38 – How to be safe with Airdrops?
5:05 – How to make money with Crypto Airdrops?
6:28 – CoinMarketCap Airdrops Tutorial
CoinMarketCap has over 11,000 listed coins, which means that new cryptocurrency projects looking to attract investors and supporters will need to employ some very creative tactics to make themselves stand out from all the other 11,000 projects out there.
Once considered as an unconventional form of guerilla marketing, airdrops have exploded in popularity since 2017, with countless projects using the strategy to expedite adoption, encourage the community to help promote a project or as a means of rewarding loyal users.
Additionally, an airdrop may also come as a result of a hard fork, such as what happened when Bitcoin holders received a 1:1 airdrop of Bitcoin Cash back in 2017.
Apart from your standard press release and social media promotion, a crypto airdrop is usually a marketing tactic that uses the free distribution of new cryptocurrency tokens to drive awareness and build communities quickly, as well as help to put an early value to a token as recipients may begin to trade their airdropped tokens.
Crypto airdrops are therefore commonly used by startups looking to bootstrap their crypto projects. News of an upcoming airdrop is usually posted on a crypto project’s website or Medium page or third-party airdrop tracker, such as CoinMarketCap.com and and shared across social media platforms where many people interested in cryptocurrency can see it.
Discover more about Crypto Airdrops in this Definitive Video Guide.
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🔵 Coin Market Cap is the world’s most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto accessible all around the world through data and content.
Founded by Brandon Chez in May 2013, CoinMarketCap has quickly grown to become the most trusted source by users, institutions, and media for comparing thousands of crypto assets and is commonly cited by CNBC, Bloomberg, and other major news outlets.
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