Coins have been used since the first version of Ethereum ICO. If checking Etherscan's wallet (remember the high risk if opening a wallet with a private key is only to check the balance), there is a Token Tracker on the top line. If the Tracker Token is available, it means there is a token in your account. If not, then you don't have a token or airdrop.
If you are an ETH wallet, with the balance in it, you will realize that sometimes there are extra tokens on your Tracker Token. It was not accidental, but the coin team decided to send coins to a number of Ethereum wallets to market it.
After getting the token, you might Google the coin. Or you can also ask others. Or you might ignore it.
Of course in the last scenario, Airdrop failed to get attention. But scenario 1 means you have learned about coins. While scenario 2 is even better, you tell others about coins. In the end, Airdrop has its own marketing method. As a method to increase the value of coins, coin users will receive bonus coins which are added to the total coins they have. Coin investors who want to get airdrop must buy coins first, if they don't have them; or buy more coins.
Lately, the new Facebook advertising policy has banned the use of the ICO (Initial Coin Offering). Therefore many ICOs are switching to using Airdrop as an alternative method for pay-per-click advertising. With many ICO being consumer-oriented products, they focus on one metric: viral growth through the internet and social media. The term, viral, with the help of coin users who spread to the surrounding environment.
Participate in Free Airdrop - Tools that will be needed
Here are some tools that will be needed to get airdrop:
- Wallet Ethereum. It must be a personal wallet compatible with ERC20 because most airdrop is an ERC20 token as an Ethereum-based ICO. It is strongly recommended to use MetaMask or MyEtherWallet to start the first time. But for a long time, it is recommended to use wallet devices such as Ledger Nano S.
- Wallet Ethereum must be ACTIVE, at least you have used it. The coin team will check and make sure the wallet is not made just to get more coins. This means that if it doesn't show activity, the wallet will not receive airdrop. Sometimes, the coin team selects clearly, including the amount of balance in the wallet.
- Telegram account, which is the tool of choice for chatting to many ICOs. To increase the number of audiences, Airdrop coins require you to register with their Telegram account. Before receiving a coin in the Ethereum wallet, you should not leave a Telegram account or be disqualified for airdrop.
- Twitter account. The same reason as Telegram accounts, most airdrop accounts will require you to follow them on Twitter. Some will ask you to retweet some tweets.
- Email address. Sometimes Airdrop will ask for your email address, and ask for confirmation via email.
Avoid Scams Airdrop
With a lot of free coin marketing, it's easy to lose direction when you've started to click everywhere. Watch Out. Here are some suggestions for avoiding fraud:
Never send a private key. Nobody needs a private key to check your wallet balance. They can easily check it through tools like Etherscan.
Don't send money to any account. Remember that airdrop is free. Even if promised coins or coins will appear in your wallet, airdrop won't ask you to send money to any account. If this happens, ignore it immediately.
Check official sources. If coins do airdrop, they will usually be announced on their official social media accounts, such as Twitter. Check to make sure the airdrop is official; if not, you might get a fraud to get your data.
Finally, look for trusted sources to help you identify airdrop. Like for example in several discussion forums that discuss a lot of airdrop or cryprocurrency. Reliable sources are better than searching for themselves, because of the many frauds.