If you’re in the crypto business, an airdrop refers to a publicity campaign involving the distribution of virtual currency, then you’ve heard of it. For free or in exchange for a tiny service, including retweeting a company post, minor quantities of the unique virtual currency are given to the wallets of active people of the blockchain community.What is an Airdrop in Cryptocurrency?For blockchain-based startups, an airdrop is a type of promotion that helps fund a virtual currency project’s initial development. Its goal is to raise knowledge about crypto and increase the number of individuals trading in it once it is listed on a marketplace as an ICO.For the most part, airdrops are advertised on the firm’s site and crypto forums. The coins/tokens are only distributed to existing crypto wallet holders, mainly Bitcoin or Ethereum, who have requested them.There may be a minimum number of crypto coins in a recipient’s wallet before being eligible for the gift. It’s also possible that they’ll be required to post about the money on a social network, connect with another project participant, or write a blog entry.Investing in a cryptocurrency is never a requirement of a suitable crypto airdrop. Its sole purpose is to promote itself. On the other hand, small quantities of bitcoin and other cryptocurrencies are sent to unwitting receivers in a dusting scam. Unauthorized deposits into a crypto wallet should never be accepted.The Reasons Why Crypto Enthusiasts Adore AirdropsThe fact that most cryptocurrency lovers, especially those with modest to no crypto holdings, enjoy airdrops merely because they consider them to be free money is one of the reasons why they are so popular. Furthermore, these free riches may rise significantly or surge unexpectedly in some situations, resulting in enormous gains with no initial investment.Airdrops are typically more beneficial to the issuing corporation…