Cryptocurrency Q&A What is on chain airdrop?

What is on chain airdrop?

SsangyongSpirited SsangyongSpirited Wed Oct 23 2024 | 5 answers 1137
I recently heard about something called 'on chain airdrop' in the cryptocurrency world. I'm curious to know what it exactly means and how it works. Can someone explain this concept to me in simple terms? What is on chain airdrop?

5 answers

Alessandro Alessandro Fri Oct 25 2024
It involves sending these assets directly from a smart contract to a user's wallet.

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Tommaso Tommaso Fri Oct 25 2024
The distribution is decentralized, meaning no intermediaries are involved in the process.

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Caterina Caterina Fri Oct 25 2024
Users can receive these digital assets as a reward without any third-party involvement.

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Nicola Nicola Fri Oct 25 2024
An on-chain airdrop represents a unique method of distributing tokens or digital assets.

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Chiara Chiara Fri Oct 25 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options.

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