# What are airdrops?

**Published by:** [pillze.eth](https://paragraph.com/@pillze/)
**Published on:** 2024-01-10
**URL:** https://paragraph.com/@pillze/what-are-airdrops

## Content

In the context of cryptocurrency, airdrops refer to the distribution of free tokens or coins to existing holders of a particular blockchain's cryptocurrency. It's a way for projects to raise awareness, reward users, or encourage adoption. Participants often receive airdropped tokens based on their holdings in the parent cryptocurrency. Keep in mind that not all airdrops are valuable, and some may have specific requirements for eligibility.

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