The ICO industry has turned out to be a renowned crowd-funding means for modern cryptocurrency projects. The rising competition in the industry made it an obligation for new ICOs to look for ways of attracting up-and-coming investors that will fund their projects or set up their platform right from the beginning. Consequently, lots of ICOs are implementing airdrop campaigns at the moment.
In the fast-moving cryptocurrency world, the term airdrop simply refers to gifts or free money. Is that all? No – Not at all!
An ICO airdrop is a reward system whereby a development team, company, or a crypto-community decides to share out some of their tokens to users or holders of other coins free of charge. Coin teams utilize this marketing strategy from time to time as a way to enhance awareness to potential investors that is one of the important parts of professional ico development services.
Why do we need ICO Airdrops?
To generate valuable leads: - One of the main aims of marketing is to generate quality leads that would one day turn into potential customers. By using an airdrop, coins will capture crucial information about the folks who show interest in their products and use them to re-target those clients.
To publicize a new cryptocurrency: - There are loads of cryptocurrencies in the market. These cryptocurrencies would go unobserved without proper marketing advertising. For it to get traction in the market, loads of hype and buzz has to go into it. Investors are enthusiastic about investments in new cryptocurrencies and when you publicize yours, you are giving them something to bite on.
To reward trustworthy clients: - Airdrops can also be a wonderful way to reward dedicated customers, as it will motivate them to go on with using their products and services.
Besides it, the crypto world has many bad eggs looking to take advantage of innocent investors. An airdrop is no exception! Here are some essential tips you need to know to avoid being ripped off.
- Do not pay for airdrops
- Do not send your confidential keys
- Check realistic sources
This blog is not intended to provide you investment advice. Users are ultimately responsible for the investment decisions they make based on this information. It is your duty to review, evaluate and validate any content/information before relying on them. Trading is a highly risky activity. Do consult with a reliable company like Kindlebit Solutions and learn how to take advantage of ico development services.
