When did the concept of airdrops first emerge in the world of digital currencies?

3 answers

• keshav rathiJan 08, 2023 · 3 years ago
  The concept of airdrops first emerged in the world of digital currencies around 2014. It was introduced as a way to distribute free tokens or coins to a large number of people in order to promote a new cryptocurrency project. Airdrops were seen as a marketing strategy to create awareness and attract potential investors. The idea behind airdrops was to give people a taste of the new cryptocurrency and encourage them to become early adopters. This concept quickly gained popularity and became a common practice in the cryptocurrency industry.
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• Calvin NgMay 04, 2024 · a year ago
  Airdrops started gaining traction in the world of digital currencies in the early 2010s. They were initially used as a means to distribute tokens to early adopters and supporters of a particular cryptocurrency project. The purpose was to incentivize people to engage with the project and create a community around it. Airdrops allowed projects to reach a wider audience and generate interest in their tokens. Over time, airdrops evolved and became a popular way for projects to distribute tokens to a larger audience, including existing token holders and potential new users.
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• Bear3StonesDec 30, 2020 · 5 years ago
  The concept of airdrops first emerged in the world of digital currencies around 2013-2014. It was a way for cryptocurrency projects to distribute their tokens to a wider audience without the need for an initial coin offering (ICO) or a traditional fundraising method. Airdrops were often used as a marketing tactic to create buzz and attract attention to a new project. They provided an opportunity for people to get involved in a project from the early stages and potentially benefit from the future success of the cryptocurrency. Airdrops have since become a common practice in the cryptocurrency industry, with many projects using them as a way to distribute tokens and engage with their community.
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