# Airdrop **Published by:** [Ankit](https://paragraph.com/@ankit/) **Published on:** 2023-03-20 **URL:** https://paragraph.com/@ankit/airdrop ## Content A cryptocurrency airdrop is a marketing strategy that involves sending coins or tokens to wallet addresses. Small amounts of the new virtual currency 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. ## Publication Information - [Ankit](https://paragraph.com/@ankit/): Publication homepage - [All Posts](https://paragraph.com/@ankit/): More posts from this publication - [RSS Feed](https://api.paragraph.com/blogs/rss/@ankit): Subscribe to updates