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Glossary Term

Airdrop

A distribution of free tokens to wallet addresses, used for marketing or rewarding early users — and frequently imitated by scammers.

An airdrop is a giveaway of tokens to a set of wallet addresses — often to reward early users of a protocol, decentralize a token’s ownership, or generate buzz before a launch. Some of crypto’s most famous windfalls were airdrops to users who had simply tried a product early.

Their fame is exactly why scammers imitate them. Unsolicited tokens appearing in your wallet, or sites urging you to “claim” an airdrop by connecting your wallet and signing something, are common setups for wallet drainers. Legitimate airdrops never require your seed phrase or an upfront payment.

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