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Blockchain & Crypto vocabulary · Coins & Tokens

Airdrop

Meaning in blockchain & crypto, with examples

/ˈer.drɑːp/nounCommon term

In blockchain & crypto, airdrop means: A free distribution of tokens to many wallet addresses, often to reward early users of a product or to spread ownership of a new token.

In Turkish: ücretsiz token dağıtımı, airdrop

How it is used

Used as a noun and a verb: receive an airdrop, airdrop tokens to users, claim an airdrop, be eligible for an airdrop. Fake airdrop sites are a common phishing trick, so security teams warn users never to connect a wallet to an unknown claim page.

Example sentences

  1. Users who traded on the platform before March are eligible for the airdrop.

  2. That airdrop link is fake; the real claim page is only on our website.

Common collocations

  • claim an airdrop
  • eligible for an airdrop
  • airdrop tokens
  • airdrop campaign
  • fake airdrop
  • tokenA digital asset created on top of an existing blockchain, usually by a smart contract, rather than on its own network. Tokens can stand for money, voting rights, access to a service or a unique item.
  • tokenomicsThe economic design of a token: how many exist, how they are created and distributed, who receives them and when, and what they can be used for.
  • phishingA trick in which attackers pretend to be a trusted company or person to make victims reveal passwords, seed phrases or private keys, or approve a harmful transaction.
  • wallet addressA string of letters and numbers that shows where crypto can be sent, similar to an account number. On Ethereum, for example, addresses start with 0x.

More terms: Coins & Tokens

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