What is Crypto Airdrop?

 What Exactly Is an Airdrop And a Bounty?

This article is going to teach you about crypto currency airdrops and bounty tokens. First, what exactly is bounty?. It’s simply means “gift”. Let’s say we are participating is a promotional event for a new company. When the company gives us a product to promote, we promote it on social media platforms such as Face book and Twitter. We should reward them for their help in promoting in this way, we call it Bounty.

Also, if you are going to airdrop the crypto currency used on the Internet, you need a very good social media network. You can get more income from this airdrop than rewards. There are some crypto currencies that, before they are released in the market, are distributed among people in certain quantities to promote their company; this is what we call a "crypto airdrop." We get this airdrop as coins or tokens.

Most of the time, the name of this token refers to that coin.

Basic Qualifications for Crypto Airdrops

• Basically, you need to have a wallet where you can store these tokens or coins. 
• You must also have an account on the Telegram chat website.

Smartphone users can get this app from the Play Store or the App Store. You can also use this app on a computer. For that, go to the Telegram website and create an account. Many people doing airdrops ask you to join their Telegram channel or group. Most of the time, when people give tokens, they check if you have joined their Telegram group. So you need a Telegram account on this site.   

                

If you have this account, you can use it for bounties and airdrops. This account is primarily needed for airdrops and bounty payments.

Usually, in the case of bounty programs, they post about the related work and mention the things to be done. Often they ask to advertise their ICO (initial coin offering) account on social media like Face book and Twitter. In Airdrop, however, we usually have to fill out a form with our account information.

Airdrop doesn't have to be a big deal, so it's easy to find a good deal. A week or two—or a month or two—after applying a coin, we can take that coin in our hands. Many people are confused right now about why we were given these tokens or coins.

Why give us these tokens or coins?

1. They are introducing a new crypto currency coin. They give us these free airdrop tokens or coins to distribute to everyone. Or to inform people.
2. Generally, a company that earns a large amount of revenue has to pay a large amount of tax to the government as income tax. This crypto airdrop is used to reduce that. We are introducing this crypto airdrop in these institutions to prevent these companies from paying that income in large numbers. After that, they distribute some amount of money from their income. They distribute it as a coin, and then they have a big profit from it. If they pay taxes to the government, they will not have to get this profile that's why they invest money in these airdrops. Then that company can make a lot of money.)

Are crypto airdrops legit?

Genuine Crypto currency Airdrop solicits investments in cash. Its only purpose is publicity. And these airdrops are 100% legal, but there are times when certain organizations misuse them.

I hope that you will get some knowledge about this crypto currency airdrop from this article. If you want to learn more about this airdrop, go to the links below and get more knowledge.

WIKIPEDIA

BITCOINWIKI