Airdrops

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Airdrops, within the world of cryptocurrencies, refer to the distribution of free tokens or coins to individuals who hold a specific cryptocurrency or participate in a particular blockchain network. This practice is often employed by companies, protocols, and crypto exchanges to promote their projects, attract new users, and foster community engagement.

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Macho the dog demonstrates surfing-while-popping-balloon skills. (Rodin Eckenroth/Getty Images)
Gas DAO Token Struggles to Maintain Momentum After Airdrop
The latest in an increasingly absurd trend has already found 26,000 claimants.
Macho the dog demonstrates surfing-while-popping-balloon skills. (Rodin Eckenroth/Getty Images)

(Kamil Pietrzak/Unsplash)
OpenDAO’s SOS Token Hits $250M Market Cap Despite Unclear Goals, Security Risks
Airdrops can kickstart a community, but that doesn’t mean they have staying power.
(Kamil Pietrzak/Unsplash)

(Shutterstock)
BitMEX Announces BMEX Tokens to Revive Retail Interest
The exchange enjoyed some of the biggest trading volumes until recent years but has since failed to keep with newer competitors.
(Shutterstock)

(ieva swanson/Unsplash)
DEX Aggregator ParaSwap Launches PSP Token on Heels of ENS Airdrop Excitement
After months of anticipation and a thorough “anti-Sybil” process, ParaSwap’s DAO is now live.
(ieva swanson/Unsplash)

(Al Soot/Unsplash)
Missed the ENS Airdrop? Here Are the Crypto Projects Rumored to ‘Decentralize’ Next
Web 3 promises to reward users, but it needs users first.
(Al Soot/Unsplash)

(Getty Images)
Ethereum Name Service Tokens Soar After $500M+ Airdrop
The newly formed DAO and its governance tokens are enjoying a picture-perfect launch.
(Getty Images)

The Ribbon Finance airdrop has led to DeFi drama. (Taylor Heery/Unsplash)
Airdrop Ethics: VC Firm Draws Ire Following $2.5M Ribbon Finance Exploit
The DeFi community has once again found itself embroiled in a debate concerning the nature of on-chain ethics.
The Ribbon Finance airdrop has led to DeFi drama. (Taylor Heery/Unsplash)

(Jeremy Hynes/Unsplash)
ShapeShift Airdrops Over $2M in FOX to Active DeFi Users
Not everyone got their slice of the pie during a $100 million airdrop in July, but now they have a second chance.
(Jeremy Hynes/Unsplash)

Airdrop (U.S. Department of Defense Current Photos via Creative Commons)
Users Celebrate Massive DYDX Token Airdrop as Transfer Restrictions Lift
Traders celebrated the latest big-budget airdrop, but there have been some stumbles for DYDX out of the gate due to a reported bug with the safety module.
Airdrop (U.S. Department of Defense Current Photos via Creative Commons)

Erik Voorhees
FOX Token Up 77% on ShapeShift DAO, Airdrop News
ShapeShift’s token is up significantly on news the exchange is becoming a decentralized autonomous organization (DAO).
Erik Voorhees