At Blockchain, we’re committed to connecting the world to cryptocurrencies, and we believe in driving decentralization and adoption for new networks. Airdrops help us do that by distributing a variety of cryptocurrencies to a vast number of users all around the world, introducing them to a new generation of cryptocurrency projects and innovation.
An airdrop of cryptocurrency (sometimes referred to as a giveaway) is a free distribution (usually on a large scale) of a cryptocurrency token or coin to a deterministic set of users. As part of Blockchain's first airdrop, participants received XLM from us, for free. This first Stellar airdrop is over, but the airdrop program is ongoing, and additional airdrops may follow.
The cryptocurrency space already has a history of airdrops, as new protocol developers sometimes use giveaways to engage new users and market and distribute their tokens or coins. Sometimes giveaways include requirements for claiming tokens, such as spreading word of the cryptocurrency in a particular way, signing a message to prove you own an address, or undergoing identity verification. These requirements are usually enforced as anti-spam measures, and to ensure that the tokens or coins being given away end up in as many unique users’ hands as possible.
Blockchain's Airdrop Program is an ongoing effort that takes place in phases. Our first phase, the Stellar Airdrop, put XLM in the hands of millions of new users and doubled the Stellar network. Learn more about Blockchain’s views on airdrops and our plans for empowering our end-users through decentralized asset distributions here.
In the meantime, get Gold Level verified to gear up for our next crypto airdrop extended to your region.
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