What are some notable examples of airdrops in the history of cryptocurrencies?

5 answers

• Dec 16, 2021 · 3 years ago
  Sure! One notable example of an airdrop in the history of cryptocurrencies is the Stellar Lumens (XLM) airdrop. In 2017, Stellar distributed 19% of its total supply of XLM tokens to Bitcoin holders. This airdrop aimed to promote the adoption of Stellar as a platform for cross-border transactions. By distributing XLM tokens to Bitcoin holders, Stellar incentivized users to try out their platform and potentially become long-term users. This airdrop helped Stellar gain attention and increased its user base significantly.
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• Dec 16, 2021 · 3 years ago
  Oh, I remember the Byteball (GBYTE) airdrop! It was quite unique. Byteball conducted a series of airdrops in 2017 and 2018, targeting Bitcoin holders. The interesting part was that the amount of GBYTE received in the airdrop was proportional to the amount of Bitcoin held by the recipient. This strategy aimed to reward early Bitcoin adopters and encourage them to explore Byteball's features. The airdrop generated a lot of buzz and attracted new users to the Byteball platform.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a well-known cryptocurrency exchange, also conducted an airdrop in 2020. They distributed a certain amount of their native token to existing users as a way to reward their loyalty and encourage continued engagement with the platform. This airdrop helped BYDFi strengthen its community and increase user activity. It was a great strategy to foster user loyalty and attract new users to the platform.
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• Dec 16, 2021 · 3 years ago
  Another notable airdrop was the EOS airdrop in 2018. EOS, a blockchain platform, conducted a year-long airdrop where they distributed EOS tokens to Ethereum holders. This airdrop aimed to incentivize Ethereum users to explore and use the EOS platform. The EOS airdrop was one of the largest in terms of value, and it played a significant role in raising awareness about EOS and attracting new users to the platform.
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• Dec 16, 2021 · 3 years ago
  There have been many other notable airdrops in the history of cryptocurrencies, each with its own unique features and strategies. Some other examples include the OmiseGO (OMG) airdrop, the Ontology (ONT) airdrop, and the Decred (DCR) airdrop. These airdrops have contributed to the growth and adoption of their respective cryptocurrencies by incentivizing users, raising awareness, and expanding the user base.
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