Educational Byte: What Is a Crypto Airdrop or How to Earn Free Money | HackerNoon
Briefly

Crypto airdrops play a crucial role in helping new projects gain market recognition and a user base by distributing tokens directly to users' wallets.
Airdrops serve not only to distribute tokens but also to reward loyal community members, fostering engagement and reducing sell-off risks, stabilizing the token's value.
The excitement generated by airdrops draws attention to projects, helping them create an initial ownership base and increase awareness among potential new users.
Different types of airdrops, including standard, bounty, and holder airdrops, cater to varied objectives—from simple distribution to engaging users in promotional activities.
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