Are there any alternative methods to airdrops that can be used to distribute tokens in the crypto space?

1 answers

• AbhaySangerJul 12, 2024 · 2 years ago
  Yes, there are alternative methods to airdrops for token distribution in the crypto space. One such method is a token faucet, where users can claim a small amount of tokens for free at regular intervals. This can help to create a user base and incentivize early adoption. However, token faucets can be prone to abuse and may attract users who are only interested in the free tokens. Another alternative method is through a token burn, where a portion of the tokens is destroyed or taken out of circulation. This reduces the total supply and can increase the value of the remaining tokens. However, token burns may not directly distribute tokens to users and may only benefit existing holders.
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