# Airdrop

By [Ankit](https://paragraph.com/@ankit) · 2023-03-20

---

A [cryptocurrency](https://www.investopedia.com/terms/c/cryptocurrency.asp) airdrop is a marketing strategy that involves sending coins or tokens to wallet addresses. Small amounts of the new [virtual currency](https://www.investopedia.com/terms/v/virtual-currency.asp) are sent to the wallets of active members of the blockchain community for free or in return for a small service, such as retweeting a post sent by the company issuing the currency. The ultimate goal of a crypto airdrop is to promote awareness and circulation of a new token or coin.

---

*Originally published on [Ankit](https://paragraph.com/@ankit/airdrop)*