▂Airdrops | Bounties▂ A to Z FAQ


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What is a crypto airdrop? +
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Airdrop is another term for free cryptocurrencies. These free cryptocurrencies (also called coins or tokens) are distributed by new projects. These are their own and new coins. Therefore, it's very unlikely you get bitcoins or ethereum in these airdrops. You'll receive POLY, OMG, DBYTE or whatsoever they call their tokens. We actually also don't know most of the tokens because they give them away only for early adopter before they even sell them, which leads us to the next topic:
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Why do companies give away free cryptocurrencies? +
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Marketing! In order for a cryptocurrency to be useful and worth something it has to be used by people and this is hard to achieve. With giving away free tokens you can get a network effect going. It's an easy way to build a large community because everyone loves free tokens. Another purpose of this is to draw people's attention to the project. Whenever they scroll through CoinMarketCap or see the logo of the free coin elsewhere they know it. This will eventually even buy them tokens, since the project appeals to them.
It's a win-win situation: On one hand, you get free tokens. And on the other hand, blockchain companies create awareness for their new projects
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Does these free tokens have value? +
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Yes! You might think just because you get these tokens for free they are not worth it. However, these tokens are usually distributed before the sale in order to carry out marketing, as already mentioned. As a rule, a maximum of 1% of all tokens are made available for an airdrop. The rest are  for sale. Thus also the free tokens have a value.
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What do I need to participate? +
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To get these airdrops you usually have to do small tasks like joining a Telegram chatgroup or following their Twitter account but only until the end the airdrop. After you received the tokens you can leave the channels. In most cases it is a so-called ERC20 tokens, a cryptocurrency based on the Ethereum platform. Therefore it is necessary that you have at least one Ethereum wallet address.
To summarize: With these four tools you should be eligible to participate in about 80% of all airdrops we post here on our AIRDROPFEEDS telegram channel:
•E-Mail address: We recommend yuh create a special one for airdrops
•Telegram account: https://telegram.org/
•Twitter account: https://twitter.com/
•Ethereum Wallet Address: We recommend: https://www.myetherwallet.com/, apps like Eidoo, imToken. You can also use hardware wallets like the Ledger Nano S. ⚠ But DO NOT use a wallet address of an exchange.
Sometimes you need also other tools or even personal data. Take a look at the tool icons on the list of airdrops. They'll tell you in seconds what for tools are required and if you can participate.
⚠  *NEVER share your PRIVATE KEY with anyone, also not with any airdrop!* Only share your public address - that's totally fine and even necessary! ⚠
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Where can I sell my airdropped crypto? +
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On various exchanges. Since the cryptocurrencies mainly come from new companies, they are not yet listed on the big exchanges like Binance. However, there are lots of other small Exchanges. You can check the token's website or Twitter. New exchange listings are usually widely announced. Then you only have to create an account at the Exchange and you can usually exchange the tokens for Ether or Bitcoin.
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I didn't receive the free cryptos after completing the airdrop? +
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That's normal! The airdrops usually take place before the token sale but the distribution is after the successful token sale. This can take from a few weeks to several months. In a few cases no tokens are distributed, because the company fails to sell enough tokens and the project unfortunately fails. We publish a weekly report every Monday with tokens distributed this week.
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Where can I get airdrop links? +
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We pride ourselves in publishing reviewed, authentic and potential airdrop to our subscribers in our telegram channel.
Please click here to join for free. πŸ‘‰ https://bit.ly/j2earn
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How do i know if tokens have been airdropped to my wallet? +
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You can always scan your wallet address for any recent transaction... i.e using ETHERSCAN.IO with your PUBLIC wallet address
⚠  *NEVER share your PRIVATE KEY with anyone, also not with any airdrop!* Only share your public address - that's totally fine and even necessary! ⚠


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Have any further question, addendum or Want to contact us? +
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