An Airdrop is a token distribution mechanism in which a blockchain project allocates free tokens to a set of wallet addresses, typically to bootstrap a community, reward early users or decentralise ownership. Eligibility may be based on prior on-chain activity, holdings of another asset or completion of tasks. Airdrops are a marketing and governance tool but attract Sybil attacks that the project must mitigate.
Overview
- An Airdrop is a token distribution mechanism in which a blockchain project allocates free tokens to a set of wallet addresses, typically to bootstrap a community, reward early users or decentralise ownership.
- Eligibility may be based on prior on-chain activity, holdings of another asset or completion of tasks.
- Airdrops are a marketing and governance tool but attract Sybil attacks that the project must mitigate.
- It is modelled as a subclass of Token Distribution within the blockchain domain.
Key aspects
- Token is a constituent or mechanism relevant to Airdrop.
- Crypto Wallet is a constituent or mechanism relevant to Airdrop.
Mechanisms
- Airdrop enables Governance Token.
- Airdrop enables Decentralized Finance.
- Airdrop supports Sybil Attack.
Applications
- Applied in contexts involving Governance Token.
- Applied in contexts involving Decentralized Finance.
- Applied in contexts involving Sybil Attack.
- Applied in contexts involving Tokenomics.
- Applied in contexts involving Cryptocurrency Token.
- Applied in contexts involving Staking.