# What Is a Crypto Airdrop?


By [Ranjeet Singh ](https://paragraph.com/@ranjeet-singh) · 2023-04-03

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Some Web3 startups hand out free tokens to stoke excitement and draw new users.

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*Originally published on [Ranjeet Singh ](https://paragraph.com/@ranjeet-singh/what-is-a-crypto-airdrop)*