Airdrops

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An airdrop is a marketing practice established in the crypto world, in which a token or cryptocurrency (usually startup) team sends their cryptocurrency or token to a big number of users who have signed up to receive their tokens.

Airdrops are a common marketing strategy employed by many new crypto and token projects. The purpose of an airdorp is order to gain traction, fans and an initial user-base for a token or crypto project; the hope is that this initial user-base will then in turn, via word of mouth and other means, invite their friends, who will invite their friends...

This practice is arguably effective as the new token holders who have received the tokens or crypto via an airdrop have an incentive to spread the word and help the project succeed, as in that case their own tokens will be worth more on the market.

Airdrops are sometimes completely free, and all one has to do is sign up. Other times, users have to complete a task in order to receive coins or tokens - this is where airdrops overlap with crypto bounties.


BANANO Monthly Update #68 (December 2023)

2 Dec 2023 5 minute read 5 comments banano

This BANANO Monthly Update December 2023 summarizes all updates from the BANANO ecosystem in November 2023, which was the 68th month since the BANANO main-net was launched. The idea behind these monthly updates is to keep the Banano community updated...

BANANO Monthly Update #65 (September 2023)

9 Oct 2023 5 minute read 0 comments banano

This BANANO Monthly Update September 2023 summarizes all updates from the BANANO ecosystem in August 2023, which was the 65th month since the BANANO main-net was launched more than 5 years ago. The idea of those monthly updates is to provide an e...

BANANO Monthly Update #62 (June 2023)

14 Jun 2023 5 minute read 3 comments banano

This BANANO Monthly Update June 2023 looks back at all the news and updates from the BANANO ecosystem in May 2023, which was the 62nd month since the BANANO main-net was launched more than 5 years ago. The idea of those monthly updates is to provide...

wBAN — 2 Year Anniversary

5 Jun 2023 3 minute read 4 comments banano

Check below for a NFT airdrop and a cryptomonKeys Stack design contest! Second wBANniversary Just like last year, I can’t believe how quickly this year has passed! It’s time, again, to make a short recap of what happened those last twelve months:...

BANANO Monthly Update #61 (May 2023)

5 Jun 2023 5 minute read 4 comments banano

  This BANANO Monthly Update May 2023 contains all important news from the BANANO MonKeyverse within April 2023, which was the 61st month since the BANANO main-net launched. Yes, that's meanwhile more than 5 years of free distribution with loads of f...

Banano is Turning 5! Join the Birthday Party on April 1st!

30 Mar 2023 2 minute read 20 comments banano

Time flies, and it feels crazy that it's already 5 years since Banano launched in 2018 and started its entirely free crypto distribution efforts. Banano is turning 5 on April 1st, 2023 — and you should come and celebrate with one of the most wholesom...

BANANO Airdrop at Reddit going on just now - Check it out!

8 Mar 2023 1 minute read 0 comments banano

Let's keep it short: We just posted an updated Banano FAQ at our subreddit r/banano and are doing a YUGE and very easy to claim giveaway / airdrop. Simply comment your BAN address and you'll instantly get some coins there. Will end soon! So check it...

BANANO Monthly Update #58 (February 2023)

1 Mar 2023 5 minute read 11 comments banano

This BANANO Monthly Update February 2023 summarizes all important news from the BANANO ecosystem in January 2023, which was the 58th month since the BANANO main-net launch. The idea of those monthly updates is to keep our community informed, provide...

BANANO Monthly Update #57 (January 2023)

27 Jan 2023 6 minute read 2 comments banano

  This BANANO Monthly Update January 2023 summarizes all important news from the BANANO ecosystem in December 2022, which was the 57th month since the BANANO main-net launch. The idea of those monthly updates is to keep our community informed, provid...

BANANO Monthly Update #56 (December 2022)

22 Dec 2022 5 minute read 5 comments banano

  This BANANO Monthly Update December 2022 summarizes all important news from the BANANO ecosystem in November 2022, which was the 56th month since the BANANO main-net launch. The idea of those monthly updates is to keep our community informed, provi...