What are crypto airdrops? How to claim them?

Discover Genuine, High-Value Crypto Airdrops
Welcome to bellacrypto, your go-to resource for the latest and most authentic cryptocurrency airdrops available for free. We meticulously curate and update our list daily to offer you the best opportunities to earn an airdrop, follow the steps, and you could soon own new crypto tokens or have a say in project voting!
Understanding Airdrops and Bounties
Crypto ventures often distribute tokens at no cost to expand their reach and liquidity. These distributions, known as airdrops, are typically in two forms:

• Bounty Airdrops: You get tokens by performing simple tasks like joining social media channels or sharing posts.
• Holder Airdrops: Tokens are given for holding specific cryptocurrencies, encouraging long-term investment.

The Rationale Behind Free Token Distribution
The value of cryptocurrencies largely depends on community belief and usage. By giving away tokens for free, projects can:

• Increase Visibility: Benefit from viral marketing.
• Enhance Value Perception: The endowment effect makes recipients value tokens more.
• Build Community: Create a supportive user base for further project growth.

How to Participate in Airdrops

• Claim Process: Varies by project, with some requiring only that you hold tokens during a snapshot, while others need active participation in social media.
• Holder Airdrops: Tokens like Byteball were distributed to holders, often leading to significant price movements.
• Social Media and Bounty Airdrops: Typically involve activities like joining Telegram groups or tweeting about the project.

Hard Forks and Retroactive Airdrops

• Hard Forks: When a blockchain splits, creating a new coin, which can be considered akin to an airdrop.
• Retroactive Airdrops: Like Uniswap's UNI token, distributed to users who interacted with the platform before a certain date, rewarding early adopters.

NFT Airdrops
Projects and artists sometimes distribute unique NFTs to promote their work, tapping into the popularity of digital collectibles.