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Here you will find answers to the most common airdrop-related questions. We have tried to make this list as comprehensive as possible, but if you have any further questions that we didn't cover here, feel free to contact us via email at admin@updatesairdrop.io or find us on Telegram @Steyns. We will always do our best to answer any questions you have!

 

Free crypto airdrop​ ​is​ ​when​ ​a​ ​blockchain project distribute​s free​ ​tokens or​ ​coins to​ ​the​ crypto ​community. airdrops are commonly used as a marketing strategy.
Airdrop aim to take advantage of the network effects by engaging existing holders of a particular blockchain-based currency, such as Bitcoin or Ethereum in their currency or project.

Crypto airdrops are a form of marketing. Those behind the distribution of the crypto airdrops tend to be new start-up projects. 

Most start-up's are raising money in the form of Cryptocurrency, to fund their projects. This is known as an Initial Coin Offering (ICO).

Demand plays a huge factor in ensuring the success of a project's crypto ICO. Building a crypto community creates awareness, which in return will enable the project to raise the required capital to fund the project's roadmap. Increased demand, leads to price appreciation, which is rewarding for both the investors and founders.

Crypto airdrops are a win-win situation for both sides of the party. Those participating in the airdrop will receive free cryptocurrency (tokens or coins) and those raising money for the ICO, will gain members in their community and create that demand. Nowadays even the more established projects e.g. NEO host airdrops, as it enables them to grow their crypto communities.


In simple words, YES!


On completion of the tasks, the project will distribute your reward in the form of Cryptocurrency (tokens or coins). Distribution tends to happen after the ICO, which could be anywhere between a few days or months. Once the rewards have been distributed, the amount received is rightfully yours.


At this point you can either hold or sell. In order to sell your tokens, you will have to wait till the Cryptocurrency (tokens or coins) is listed on exchanges. Upon listing, this could be higher or lower than the stated price of the airdrop. The choice is yours, as to what you decide you want to do with your Cryptocurrency (tokens or coins).


There are many exchanges outside of the above list where your Cryptocurrency (tokens or coins) can be listed.

Note: Remain safe by validating the crypto exchange's website address to ensure you do not get phished.

Majority of the airdrops we post are projects which are at the start of their journey. With no proven track record and minimal background information available on the project, crypto airdrops carry an element of risk.


We operate a 5 star rating system.
5 = Updates Airdrop pick, an absolute gem. 5 star ratings are very rare.
4 = Medium to low risk project with great potential
3 = Medium risk project
2 = Medium to high risk.
Anything below a 2 rating, We deem too much of a high risk for our members to participate in, therefore we will not post these projects on our platforms.


The rating of a crypto airdrop does not necessarily come from the value of the crypto airdrop, but rather the quality of the crypto project. We conduct fundamental and sentimental research before rating any airdrop. This includes analysing the team, project transparency, whitepaper, website, community and many other factors such as social media influence and general sentiment.


Each review posted is the independent view of Updates Airdrop. Our members come first under all circumstances and therefore we will try our best to ensure they stay as safe as possible


Occasionally airdrops which are scams, do slip through our system. This is unfortunate for our members and also for the Cryptocurrency community. Should yourselves see a crypto airdrop which is a scam on our platforms, do get in touch:
✉️ Email: admin@updatesairdrop.io 
✈️ Telegram: https://t.me/Steyns

Do you want to list an airdrop or purchase advertise service packages on UpdatesAirdrops.io? Please use one of the follow contact options:

✉️ Email: admin@updatesairdrop.io
✈️ Telegram: https://t.me/Steyns