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What are Airdrops Cryptocurrencies in 3 MINUTES ? - Airdrop Explained Crypto ?A crypto airdrop is a marketing strategy where Web3 startups directly deposit digital tokens into the wallets of active blockchain community members as a gift. A crypto airdrop is a promotional activity typically performed by blockchain-based startups to help bootstrap a virtual currency project. Its. Airdrops refer to crypto projects sending tokens or other digital assets to reward their communities, generate excitement, and attract.