Want to know how you can get free non-fungible tokens? Read this blog to learn about NFT airdrops.
As the popularity of NFTs (Non-fungible Tokens) grows, the chase to own NFTs is real. An airdrop is a marketing strategy where cryptocurrencies or NFTs are distributed to the public or whitelisted individuals for free. So, an NFT airdrop means distributing NFTs for free to promote a collection and build a community.
Creators and NFT projects run airdrops because it is more effective to set aside a portion of the collection for promotional purposes, instead of spending on marketing and advertisement.
If you look at the mechanism, NFT airdrops are similar to any other crypto airdrop. Creators decide if they want to do a public airdrop or an airdrop exclusively for whitelisted individuals. In either case, the goal is to create hype before the actual product launch.
However, there are different types of airdrops that we will discuss in this blog.
Different types of NFT airdrops serve different goals for the creators or the project running them. Let's have a look.
As mentioned earlier, the criteria to participate in an NFT airdrop may vary from project to project. However, you must have a crypto wallet to participate in an NFT airdrop. The wallet must be compatible with the blockchain and the NFT type you are eyeing. An EVM-compatible wallet does the trick most of the time, but you must do your due diligence.
You must perform the mandatory tasks listed by the project to be eligible for the airdrop. You will also need to share your public wallet address to receive the NFTs.
The best way to learn about upcoming NFT airdrops is through platforms like Twitter, Reddit and Discord. You can also use platforms like CoinMarketCap, Airdrops.io and Airdrop Alert for the same.
Here are some of the biggest NFT airdrops:
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