Airdrop
Definition
Free distribution of tokens to wallet addresses.
An airdrop is the free distribution of cryptocurrency tokens to selected wallet addresses, typically carried out by blockchain projects to promote adoption, reward early users, or decentralize token ownership. Recipients receive the tokens without making a purchase, though they may need to meet certain criteria such as holding a specific asset, completing tasks, or simply having an active wallet on a given network.
Airdrops matter because they can rapidly increase a token’s user base and liquidity while generating community buzz. For example, a new DeFi platform might airdrop its governance token to all addresses that interacted with its testnet, incentivizing real‑world usage and giving holders a voice in future protocol decisions.