Is Boba network airdropping free Boba to OMG holders?

Boba Network will be airdropping free BOBA to OMG holders on L1 and the Boba Network L2. A snapshot will be taken on November 12th, 2021. Users who’re holding OMG in a non-custodial wallet need to bridge their OMG tokens to Boba Network by the snapshot date to be eligible. You can buy OMG on FTX or Binance.

Will Binance support the Boba token (Boba) airdrop program?

Binance will support the Boba Token (BOBA) Airdrop Program for OMG Network (OMG) holders. The snapshot for the airdrop will take place at the first Ethereum (L1) block with a timestamp greater than or equal to 2021-11-12 00:00 (UTC).

How do airdrops work?

Airdrops are generally promoted on the company's website, social media, and cryptocurrency forums. Coins or tokens are sent only to specific wallets based on the blockchain network or coins held in existing wallets. To qualify for the free gift, a recipient may need to hold a minimum quantity of the crypto coins in their wallet.

What is a crypto airdrop?

Small amounts of the new virtual currency are sent to the wallets of active members of the blockchain community for free or in return for a small service, such as retweeting a post sent by the company issuing the currency. The ultimate goal of a crypto airdrop is to promote awareness and circulation of a new token or coin.