When was the concept of airdrop first introduced in the world of cryptocurrencies?

3 answers

• Steve GarayJun 25, 2023 · 2 years ago
  The concept of airdrop was first introduced in the world of cryptocurrencies in 2014. It was pioneered by the cryptocurrency project called Auroracoin, which aimed to distribute digital currency to the entire population of Iceland. This innovative approach gained attention and soon became a popular method for distributing tokens to a wide audience. Airdrops are now commonly used by blockchain projects to increase awareness, reward loyal community members, and bootstrap their token ecosystems.
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• PhdebijiSep 18, 2024 · a year ago
  Airdrops in the world of cryptocurrencies were first introduced around 2014. The concept emerged as a way to distribute free tokens to a large number of people, often as a marketing strategy to promote a new cryptocurrency or blockchain project. Airdrops have since become a popular method for raising awareness, building communities, and distributing tokens to potential users and investors.
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• SUJAN S T CSEMay 01, 2022 · 3 years ago
  The concept of airdrop was first introduced in the world of cryptocurrencies in 2014. It was a novel way for cryptocurrency projects to distribute tokens to a wider audience. One of the earliest notable airdrops was conducted by the cryptocurrency project Auroracoin, which aimed to distribute digital currency to the entire population of Iceland. Since then, airdrops have become a common practice in the industry, with many projects using them to engage with their communities and attract new users.
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