Airdrop and Retrodrop: A Comprehensive Guide in 2023

It’s fun to live in the era of Airdrops. And Crypto at all. Because no one from the last century couldn’t even imagine that we would be so fascinating with the types of marketing strategies that involve sending tokens to wallet addresses. Or observing the difference between the mainnet and testnet. Anyway, we’re the digital generation who have the trader’s patience and the possibilities of Bitcoin. Definition and Overview
🔵 Airdrop: A blockchain-based project that uses an airdrop as part of a larger marketing campaign is known as a project that uses cryptocurrency. A direct deposit of these coins or tokens is made into the user’s cryptocurrency wallet.
🔵 Retrodrop is when a crypto project (blockchain or Dapps) distributes its tokens to users for free. The tokens are given out for early activity in the project. In simple terms, if you tested or used the project before it launched its token, you might be among the lucky ones who receive the airdrop. Types of Crypto Airdrops
🔘 Standard airdrop A standard cryptocurrency airdrop is accessible to everyone. Users are typically not required to do anything apart from register for an account with the project to receive standard airdrops. The project sends a small amount of the new crypto to the qualified wallet addresses. To participate in a standard airdrop, users would need to get in quickly, as spaces are usually limited and get filled quickly.
🔘 Bounty airdrop In exchange for receiving crypto assets from the project, participants in bounty airdrops are frequently required to engage in promotional activities. A variety of actions could be taken, such as subscribing to a newsletter or sharing their content on Twitter, Facebook, and Instagram.
🔘 Holder airdrop Holder airdrops reward participants for simply holding a certain project’s token or coin. Holder airdrops are typically chosen by projects that hard fork a chain, separating it into two distinct platforms, or that launch on a different blockchain. Participants’ wallet addresses are typically used to predetermine how much cryptocurrency will be airdropped to them.
🔘 Exclusive airdrop An airdrop turns into an exclusive airdrop when a project decides a particular group of people to reward with their token. A more centralized method of rewarding those who are viewed as being close to a project is an exclusive airdrop. How to participate in crypto airdrops and retrodrops? Firstly, I’ve already mentioned the sources where the users can find the Airdrops, it’s definitely the basic social networks like Twitter, Instagtam, Facebook, Reddit, etc. The case with Retrodrop is the same one. Where can you locate projects that may one day provide retrodrops? It’s easy: research the market, sift through the information available, compile a list of projects, and begin interacting with them by carrying out identical tasks for which airdrops were granted in earlier projects. Apply the following standards: the project is a blockchain project (ideally), it has gotten a large amount of investment, and it does not yet have its token. If you want to participate in airdrops, then you would need to find the project before it launches. There are websites that track airdrops such as DappRadar and Airdropalert. After finding these airdrops, always do your research to ensure the authenticity of the project offering the airdrop.