Undoubtedly, investors have more interest in cryptocurrency and NFTs. As calls for a decentralized financial system grow louder, there will be greater demand for digital assets. How can Web 3.0-based projects grab the attention of the target audience? Organizing airdrop programs will help in attracting crypto and NFT enthusiasts.
What is an airdrop?
It refers to the distribution of crypto-collectibles to a specific number of investors. Participants will hold the digital assets in their wallets for a certain duration. What happens after the completion of an airdrop program? Users can see information like the number of participants, number of winners, total airdrop amount, the start date, and the end date. Generally, winners are chosen after they complete certain tasks like downloading an app, referring friends, sharing news, liking and retweeting social media posts, and joining groups and channels. Later, the winners receive non-fungible tokens to their wallet address.