What is NFT Airdrop?

What is NFT Airdrop

An NFT Airdrop is a distribution of digital assets sent to a Web3 wallet address for promotion. It also adds value for participating and getting an experience or purchasing another digital asset. It is used to add additional value or to draw attention to a brand. Different types of airdrops are as follows:

  1. Standard airdrop: This is the amount of cryptocurrency sent to you in return for sharing social media posts, joining a whitelist, etc.
  2. Exclusive Airdrop: It is a reward for loyal users and is generally dispersed with no strings attached other than that of loyal.
  3. NFT Airdrop: You can get an NFT airdrop for many reasons, like holding NFTs in your wallet and promoting the brand.

Explore most asked questions and answers related to NFTs from here: Best Questions And Answers On NFT