Definition ∞ A Community Airdrop is a distribution method where cryptocurrency tokens are sent to a wide range of wallet addresses, often without direct cost to the recipients. This event typically aims to promote a new project, reward early supporters, or decentralize token ownership. Eligibility for an airdrop might be based on holding certain other tokens, engaging with a protocol, or participating in specific community activities. It serves as a marketing and distribution tool.
Context ∞ Community Airdrops are a regular feature in crypto news, often generating considerable discussion about token valuations and market dynamics. Reports frequently cover the impact of these distributions on token liquidity, price fluctuations, and user engagement for emerging decentralized applications. The success or failure of an airdrop can significantly influence a project’s public perception and initial market performance.
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