Why do Companies giveaway free Cryptocurrencies through Airdrops?

Why do Companies giveaway free Cryptocurrencies through Airdrops?

First and foremost thing Marketing for their new project or token. As mentioned airdrops are usually scheduled Pre-ICO so that they can spread the awareness about their token. They get a good user-base in dirt cheap in exchange for the tokens that are worth next to nothing. So, it’s a WIN-WIN situation for both the parties. You get free tokens that may worth a lot in future and BlockChain companies raise awareness for their projects. Usually, the 1% of total coins volume is dedicated to Airdrops and similar campaigns.

The second thing is since all the social channels(Facebook, Twitter) and search engines (Google, Bing) have blocked the Cryptocurrencies ads, BlockChain startups and companies don’t have any other effective way other than doing Airdrops to raise awareness and get the users on board. So, we’ll see a lot of companies doing airdrops and you may find gems in between some scam shitty airdrops. We at Airdroply.com do our best to cover up only the best and genuine Crypto Airdrops. Stay subscribed to our channels so that you don’t miss any update on free money.