The airdrop craze began in 2017 with the launch of the now-infamous ICO for Filecoin. Thanks
to a combination of FOMO and shoddy due diligence, many people poured money into the
project without fully understanding what they were getting into. Needless to say, the project
turned out to be a huge disappointment, and many people lost a lot of money.
In the years since, the airdrop craze has died down somewhat, but there are still plenty of
opportunities to make money from these giveaways. In fact, the most profitable airdrop of 2022
is already shaping up to be a doozy. So if you’re looking to make some easy money, read on to
learn everything
What is an Airdrop?
An airdrop is a marketing tactic whereby a blockchain project gives away free tokens or coins to
promote awareness and adoption of their platform. Usually, the airdrop is conducted by
distributing the tokens to the wallets of people who hold a specific cryptocurrency, such as
Bitcoin or Ethereum.
There are two main types of airdrops:
1. Hard forks: This type of airdrop is conducted when a cryptocurrency splits into two due to a
disagreement among the developers. For example, when Bitcoin Cash hard forked from Bitcoin
in 2017, holders of Bitcoin were given an equal amount of Bitcoin Cash.
2. Token giveaways: In this type of airdrop, a blockchain project will simply give away free
tokens to people who hold a specific cryptocurrency. For example, the Stellar Development
Foundation has conducted multiple airdrops of Stellar Lumens (XLM) to people who hold
Bitcoin.
How can you make money with Airdrops?
There are two main ways to make money with airdrops:
1. Selling the tokens: This is the most obvious way to make money from an airdrop. If you