Airdrop
A distribution of free tokens to wallets that meet criteria set by the project.
✦ Key Insight
Airdrops have delivered meaningful returns to active users, and they are also one of the most heavily exploited scam vectors in crypto.
✕ Common Misconceptions
Claiming through a link from social media or a direct message. Fake claim pages are the standard wallet-drainer setup. Also note that unexpected tokens appearing in your wallet are frequently bait — interacting with them can be the attack.
Detailed Explanation
In Practice
Dig Deeper
Wallet
Software or hardware that stores your private keys and lets you sign transactions.
Token
An asset created by a smart contract on an existing blockchain rather than being that blockchain's native currency.
Blockchain
A shared, append-only record of transactions maintained by many independent computers at once.
Transaction
A blockchain transaction is a signed or authorized instruction that changes blockchain state or transfers value when accepted by the network.