Airdrops are effective due to the endowment effect, a phenomenon in which people will ascribe value to things merely because they own them.īy conducting a bounty airdrop, a DeFi startup can create mass awareness about their project, token sale or pre-ICO with minimal cost to them. The more people who own a cryptocurrency, the more likely it is to become widely adopted and rise in value. Why are crypto projects and ICOs giving away coins for free?Ĭryptocurrencies only hold value because people believe in them and recognize their worth. Other airdrops will reward you for simply holding a specific coin without expectation of any reciprocal consideration.
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This offering creates a win-win scenario because the company gets free marketing, and you get free crypto. Most of the airdrops that we present are “bounty” drops, which will reward you with tokens for completing simple social media tasks (Joining their Telegram group, reposting on Twitter, etc.). These free distributions are commonly known as airdrops. Many crypto companies distribute free coins to their communities to increase their project’s visibility, increase the circulating supply and stimulate trade. Choose an airdrop and follow the instructions provided to claim free crypto tokens, or vote for your favorite projects! We verify and aggregate airdrops and bounties daily to bring you the most recent and profitable earning opportunities. Welcome to airdrops.io, a free source that presents the world’s most current and legitimate cryptocurrency airdrops.
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