Imagine receiving assets everyday for the rest of your life. In the cryptocurrency world, this is what Airdrops do. This is the beauty of Airdrops. Airdrops are essentially free assets offered to anyone who wishes to collect them. Projects are willing to give tokens for participating in their community growth. The value and conditions of an Airdrop may differ for each project, but the general idea and purpose of the
Airdrop remains the same. From pre-ICOs to current ongoing ICOs, Airdrops are given out when a participant completes a task. Take for example, a project wants to grow their user base, they will give users the task of joining their community and in return reward them with tokens. Existing platforms can reward users as well for supporting their platforms. For every token you hold, the participant will receive a ratio or percentage of tokens. Airdrops exist on almost every platform and projects have designated token allocations to reward users with airdrops.
Although the actual value of each Airdrop differs from one project to the next, the estimated value remains roughly around $1-$35 USD. Now imagine receiving an Airdrop every day for a year, the amount becomes substantial. Airdrops are a way of connecting people to a project, coexisting together, contributing to both the growth of the project and this industry.