Glossary

NFTs, DAOs & Web3

What is an NFT airdrop?

An NFT airdrop is the free distribution of non-fungible tokens directly to selected wallet addresses, usually to reward early users, holders of a related token, or participants in a community. Projects use airdrops to build awareness, reward loyalty, or decentralize ownership without an upfront sale. For example, a game might send a cosmetic NFT to every wallet that played during its first month. Recipients pay nothing for the token itself, though they may owe network fees to transfer or sell it later, and the airdropped asset can hold any value or none.

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