What are airdrops and why do they matter?

For starters, airdrops can often be the start of a pump-and-dump scheme in which developers try to create excitement around a project just to increase token price before selling. If an airdrop is for a project with no particular project roadmap or goal, this is a massive red flag.

What is a crypto token airdrop?

A crypto token airdrop involves distributing free coins to many wallet addresses, typically to draw attention to a new project. Here's how to claim one. Skip to primary navigation Skip to main content Skip to primary sidebar Skip to footer Cult Of Money Personal finance for the crypto-curious. Menu About Podcast Contact SearchSearch Cryptocurrency

How do I airdrop content?

Use AirDrop to share content from apps like Photos, Safari, Contacts, and more. Here's how: Open an app, tap Share or . If you share a photo from the Photos app, you can swipe left or right and select multiple photos. Tap the AirDrop user that you want to share content with. Or you can AirDrop content between your own Apple devices.

Is an airdrop a scam?

If an airdrop is for a project with no particular project roadmap or goal, this is a massive red flag. Similarly, airdrops and new crypto projects can be outright scams if they pump prices and then prevent users from selling their tokens. A notable example of this was the Squid Game token scam.