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 #79 (November 2024)

27 Nov 2024 6 minute read 1 comment banano

This BANANO Monthly Update November 2024 summarizes all the news from the BANANO ecosphere from October 2024, which was the 79th month since the BANANO mainnet launched. The purpose behind these monthly updates is to keep the Banano community updated...

BANANO Monthly Update #78 (October 2024)

2 Oct 2024 5 minute read 3 comments banano

This BANANO Monthly Update October 2024 contains a recap of all the BANANO community news from September 2024, which was the 78th month since the BANANO main-net launched. The purpose behind these monthly updates is to keep the Banano community updat...

Banano 6th Banniversary Party and Airdrop Recap

14 Apr 2024 2 minute read 3 comments banano

Banano celebrated its 6th Birthday just a few days ago. After a great party and a little hangover, here's now a brief recap of major events from that day including a summary of the Banano Bday Airdrop. This is for those who were there and like to rem...

Banano Birthday Bonus Airdrop Announcement

1 Apr 2024 1 minute read 6 comments banano

Banano just turned 6, and there have been loads of things going today. The following is not an April Fool's joke, it's a real airdrop announcement. Read below how to claim! Also, make sure to join our currently ongoing Reddit Banano Bday giveaway her...

Banano is Turning 6! Join the Birthday Party on April 1st!

28 Mar 2024 2 minute read 10 comments banano

Time flies, and it feels crazy that it's already 6 years since Banano launched in 2018 and started its entirely free crypto distribution efforts. Banano is turning 6 on April 1st, 2024 — and you should come and celebrate with one of the most wholesom...

Exchange Listing: Banano Listed On MEXC!

13 Mar 2024 1 minute read 0 comments banano

Today, the cryptocurrency exchange MEXC has listed Banano, which is our biggest exchange listing so far. Details below! Banano on MEXC exchange As many of you have already seen yesterday, the exchange MEXC has listed Banano with a BAN/USDT pair. D...

BANANO Monthly Update #71 (March 2024)

5 Mar 2024 5 minute read 0 comments banano

This BANANO Monthly Update March 2024 contains all the news from the BANANO ecosphere in February 2024, which was the 71st month since the BANANO main-net was launched. The purpose behind these monthly updates is to keep the Banano community updated,...

Points: The New Engagement Model in Crypto

26 Feb 2024 2 minute read 0 comments Heath Muchena

The crypto landscape is constantly evolving, and with it, new fundraising and user engagement strategies emerge. One such strategy gaining traction is the concept of “Points,” offering a unique twist on traditional ICOs and yield farming. While intri...

Banano is now on Farcaster/Warpcast (100k BAN airdrop!)

16 Feb 2024 1 minute read 19 comments banano

Banano is now also on Warpcast, a client for the currently hyping decentralized social media protocol farcaster. Since the Banano Warpcast channel grew to 600+ members within a day after a small airdrop round 1, we're now doing a second bigger round!...

BANANO Monthly Update #70 (February 2024)

2 Feb 2024 5 minute read 9 comments banano

This BANANO Monthly Update February 2024 summarizes all the news & updates from the BANANO ecosystem in January 2024, which was the 70th month since the BANANO main-net was launched. The purpose behind these monthly updates is to keep the Banano comm...